Business

The best rental yield and the best capital growth rarely come from the same district — the real skill is finding locations that offer a strong combination of both, rather than chasing whichever number looks biggest in isolation. The core tradeoff Central, established districts like Vake tend to offer strong rent levels ($13.8 per sqm, the highest in the city per Galt & Taggart’s district...

This is one of the most common dilemmas Tbilisi owners face after a few weeks of viewings without a signed lease — and the right answer depends on why your apartment isn’t renting, not just how long it’s been sitting empty. First, diagnose the actual problem Before touching the price, check these in order: Are you priced above comparable listings? Pull three or four genuinely similar...

A large and growing share of Tbilisi property owners don’t live in Georgia foreign investors, the diaspora, and expats who’ve since relocated elsewhere. Managing a rental property remotely is entirely workable, but it requires deciding, upfront, who handles the day-to-day. Your three realistic options 1. A professional property management company. This is the most common solution for...

Damage risk is manageable with the right upfront systems — most of it comes down to screening, documentation, and a contract that actually protects you, rather than luck. Start with the security deposit A standard security deposit — typically one month’s rent — is your primary financial protection against damage beyond normal wear and tear. Make sure your lease explicitly states what the...

There’s no single right answer here — the best size depends on your goal: maximizing yield, minimizing vacancy risk, or building long-term capital value. Here’s how each stacks up against 2025–2026 Tbilisi market data. Studios: the highest-efficiency, highest-competition option Studios generally offer the lowest entry price and can post strong per-square-meter yields, since a small footprint...

Georgia is genuinely one of the more tax-friendly jurisdictions in the region for rental property owners, but “friendly” doesn’t mean “zero” here’s exactly what reduces your rental income, and by how much. The core rental income tax: 5% vs. 20% This is the single most important tax detail for any Tbilisi landlord. If you register in Georgia’s official landlord registry...

This is the culmination of every question before it yield, demand, taxes, appreciation, and management all roll up into this one decision. There’s no universal answer, but there is a clear framework for reaching your own. The case for holding and continuing to rent Yields remain genuinely strong. At roughly 8.5% gross (Galt & Taggart, 2025–2026), Tbilisi continues to outperform most...

Before you can judge whether Tbilisi’s headline 8–9% gross rental yield actually works for you, it helps to have a realistic sense of the recurring costs that sit between gross rent and what you actually keep. Property management fees If you use a professional management company or agency — the common route for owners who live abroad, as covered in our companion article — expect an...

Furnishing decisions are one of the few levers a homeowner fully controls — unlike location or market conditions, you decide exactly how much to invest here. The right amount depends entirely on your district and tenant profile. Why furnishing matters more in some districts than others In tenant-heavy, expat-facing districts like Vake, Vera, and Sololaki, furnished apartments have a real edge:...

The honest answer is both, but the mix shifts sharply depending on which district your apartment sits in — and knowing your likely tenant profile changes how you should furnish, price, and market your unit. The post-2022 shift, and where it stands now The 2022–2023 period saw an extraordinary wave of foreign relocators — largely from Russia and the wider region — arrive in Tbilisi...