Complete guide for foreigners buying property in Georgia. Legal process, documents needed, costs, common mistakes, and how to avoid them.

Quick Answer

Foreigners can buy property in Georgia with 100% ownership rights — same as Georgian citizens. The process takes 2–6 weeks for ready properties. You need only a valid passport. The transaction closes at the Public Registry in 1–2 business days.


Who Can Buy Property in Georgia?

Almost everyone. Georgia has one of the world's most open real estate markets:

  • Citizens of virtually all countries can purchase
  • No restrictions on property type (apartment, house, land*)
  • No approval required from government
  • No minimum investment for residential purchase
  • Same rights as Georgian citizens post-purchase

Note: Agricultural land has some restrictions for foreigners. Urban land is fully open.

Step-by-Step Buying Process

Step 1: Define Your Goals (1–3 days)

Before searching, be clear on:

  • Budget: Including all costs (see below)
  • Purpose: Investment (Airbnb/long-term) or living
  • Location: Which neighborhood fits your criteria
  • Timeline: When do you need it ready?

Talk to our expert to clarify your criteria — we help with this for free.

Step 2: Property Search (1–4 weeks)

Options:

  1. With an agency (recommended for foreigners): We shortlist properties matching your criteria, arrange viewings, provide market analysis.
  2. On your own: Local platforms (SS.ge, MyHome.ge), developer websites. Be aware of price inflation on listing platforms.

What to look for:

  • Developer track record (for off-plan)
  • Legal status of the property (encumbrances, mortgages)
  • Actual vs. advertised size
  • Building quality and management

Step 3: Due Diligence (1–3 days)

This is critical. We check:

  1. Ownership verification — confirm seller is the legal owner (via Public Registry)
  2. Encumbrances — no debts, mortgages, or legal claims on the property
  3. Building permits — was the building legally constructed?
  4. HOA/management fees — what are the ongoing costs?
  5. Utility arrears — no outstanding bills

Step 4: Preliminary Agreement + Deposit (1 day)

If everything checks out:

  • Sign a preliminary sales agreement (in Georgian and your language)
  • Pay a deposit (typically 10–20% of purchase price)
  • Agree on closing date and conditions

Step 5: Final Payment (1 day)

Payment options:

  • Bank transfer (most common — bring or transfer USD)
  • Georgian bank account (we can help open one)
  • Crypto (some developers accept; less common on secondary market)

No mortgage for foreigners from Georgian banks unless you have Georgian income. Foreign mortgages: possible if your home country bank lends internationally.

Step 6: Transaction at Public Registry (1–2 business days)

The actual transfer is done at the National Agency of Public Registry:

  • You (or your attorney) and the seller sign the sales contract
  • Documents submitted electronically
  • Registration typically confirmed same day or next business day
  • You receive the extract from the Registry — you are the owner

Step 7: Post-Purchase

  • Register utilities in your name
  • Set up management/rental if investment
  • Consider property insurance
  • File for residency permit if applicable ($100K+)

Costs Breakdown

CostAmount
Property priceYour budget
Agency feeUsually 0–3% (seller-paid; clarify with your agent)
Public Registry fee$50–$150 (express)
Legal/notary$100–$300
Property tax~1% annually
Total transaction costs~1–3% of purchase price

Georgia has some of the lowest transaction costs in the world. No stamp duty, no conveyancing duty.

Do You Need to Visit?

No. We handle remote purchases regularly:

  1. We conduct video viewings and send detailed reports
  2. You issue a power of attorney (can be done at Georgian embassy in your country, or via apostille)
  3. We sign and register on your behalf
  4. Property is yours. We send the registered title extract.

Common Mistakes to Avoid

Mistake 1: Buying off-plan from an unknown developer → Always check the developer's completed projects. Visit them. Talk to residents.

Mistake 2: Skipping due diligence → Even in Georgia's clean market, encumbrances happen. Always check the Registry.

Mistake 3: Paying without a preliminary agreement → Never pay money without a signed agreement, even informally.

Mistake 4: Ignoring management costs → Orbi City and similar complexes have service fees of $100–$200/month. Factor this into your yield calculation.

Mistake 5: Buying the biggest unit → For Airbnb, studios and 1-bedrooms outperform 2-bedrooms on yield per m². Bigger is not always better for investors.

FAQ

Q: Can I buy in Georgia without coming in person? Yes, via power of attorney. We handle this regularly.

Q: Is there a minimum purchase price? No. You can buy a $20,000 studio if you want. The $100,000 threshold is only for the residency permit.

Q: Can foreigners own land? Urban land: yes, freely. Agricultural land: no (foreigners cannot own agricultural land in Georgia).

Q: Do I need a Georgian bank account? Not necessarily for the purchase. But useful for managing rental income.


Ready to buy? Start a conversation — we'll guide you through every step.

R

Robert

Founder & Lead Real Estate Consultant

10+ years experience in Georgian real estate. Based in Batumi. Personally guides every client through the buying process.

About Sesame Estate →

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