Why is real estate in Tbilisi becoming so expensive?
I’ve noticed that property prices in Tbilisi have been rising rapidly in recent years. What’s driving the increase? Is it still worth investing in high-end real estate there?
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GALA Fin de Temporada 2022 Group
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One of the key reasons for Expensive Real Estate in Tbilisi is the growing demand from both local and foreign buyers. Tbilisi has become a regional business hub, attracting investors, digital nomads, and expats looking for a stable and affordable European-style city. Luxury properties, especially in areas like Vake, Mtatsminda, and Saburtalo, are in high demand due to their modern infrastructure and proximity to business centers. Additionally, the tourism industry fuels the short-term rental market, keeping property values on the rise. If you’re looking for long-term appreciation, Tbilisi’s high-end real estate market still has strong potential.