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Why Tbilisi

Tbilisi — the economic and cultural hub

Year-round demand, more transactions and less seasonality than Batumi.

Tbilisi is a larger and less seasonal market than Batumi. According to Recov, 4,486 apartments sold in July 2026 for a total of USD 393 million. This creates more resale opportunities. The result still depends on the specific apartment: its tenant profile, building quality, district demand and purchase price.

+22.8%

Tbilisi apartment transactions YoY — 4,486 flats sold in July 2026 (Recov)

12%

Foreign-buyer share in July 2026 residential transactions (Recov)

$393M

Monthly residential market size in July 2026, +36.7% YoY (Recov)

Year-round tenant demand

Tbilisi’s rental market is less seasonal than Batumi’s. Local professionals, foreign managers and diplomatic-sector employees support demand throughout the year. Recov’s July 2026 transaction data confirms the larger and more liquid base: 4,486 apartment sales and USD 393 million in monthly market value. The actual rental result still depends on purchase price, tenant profile, building condition and vacancy.

National investment context

Geostat’s revised series puts Georgia’s total foreign direct investment at USD 1,900.4 million in 2025, checked on 16 September 2026. This is a national figure, not a measure of investment in Tbilisi housing. It cannot establish tenant demand or rental growth for a particular district.

ICT and remote-worker demand

Forbes Georgia and TBC Capital identify IT as one of Tbilisi’s fastest-growing sectors. Relatively low costs and the 1% small-business regime attract regional IT companies and remote workers. This demand is especially visible for one- and two-bedroom apartments in Vake and Saburtalo.

Capital appreciation and exit liquidity

Recov reports 4,486 apartment transactions in Tbilisi in July 2026 (+22.8% year on year), with market value of USD 393 million (+36.7%). Foreign buyers accounted for 12%. These are city-wide registration figures. They do not establish the achievable sale price or time needed to sell a particular apartment.

Before planning a resale, compare recent transactions for similar homes, current competing offers and the likely buyer profile. The city-wide transaction count provides context; building condition, district and asking price require separate checks.

Sources

Last reviewed · 16 September 2026