Find our favorite subject and all necessary information to get on the Georgian market.
Investing in prestige rental property is the most profitable of all investments. The oldest buildings in Tbilisi, those dating from the 19th and early 20th have a lot of charm. Once well renovated (insulation, heating, sanitary facilities, plumbing, comfort or safety features), you will own a very attractive property on the Georgian market and will be able to obtain high rental yields as a very high capital gain on resale.
"Do I need a visa?" This is the question most often asked by those planning to visit Georgia. The good news is that in the majority of cases the answer will probably be "No". Georgia has one of the most liberal visa regimes in the world, which is certainly one of the main reasons for the fast development of the tourism industry in Georgia.
Buying remotely, without having to travel, is of course possible, and many real estate agents offer this service. However, in order to fully understand the ins and outs of a real estate purchase in Georgia, we always advise our clients to travel once in order to "feel" the country, the atmosphere of Tbilisi and the economic environment of the Georgian capital.
While there are already many flights to and from Tbilisi and the Middle East as well as former CIS countries, airlines to Western Europe are still quite rare. The most convenient way to get to Tbilisi from most Western European cities was to fly via Istanbul with Turkish Airways or Fly Pegasus. We say "was"...because Georgian Airways has just opened new air links to Europe.
In addition to the high returns that investors can achieve by investing in real estate in Tbilisi, there is another advantage provided by a real estate purchase in Georgia: it is possible to obtain a residence permit following this purchase.
We are passionate about "stone" as we say in France. In Tbilisi, our eyes are always on the lookout, a wrought iron balcony, a window with an original frame, an old beautifully carved wooden door that we push to discover behind a superb Italian courtyard...Our curiosity is perpetually stirred, Tbilisi abounds in treasures, just look carefully...
Gurian Partners was born from the meeting of two entrepreneurs, one in the field of information technology and the other in communication. The desire to create our company is not the fruit of chance, it was built around our common values, our complementarities and our commitment to serve our passion to entrepreneurship.
Investing in real estate abroad, for economic reasons or to build up a patrimony, is a very attractive experience. But it is worth asking whether this operation is really profitable and under what conditions. We think that investing in Georgia is interesting, here is why.