In recent years, Georgia has been attracting more and more attention when purchasing real estate. This trend is due to several factors that create a favorable environment for both local and foreign buyers.

It is worth noting the simplified legislative path. In recent years, the Government of Georgia has taken important steps to reduce bureaucratic barriers. For example, the real estate registration process can be completed in one day, which ensures Georgia's high position in the World Bank's "Doing Business" rating in terms of ease of property registration.

Another important factor is the prices. Although real estate prices in Georgia have increased in recent years, they still remain competitive compared to other European countries. The average price per 1 square meter in Tbilisi is around 1,000-1,500 dollars, which is significantly lower than most European capitals.

The liberal tax policy for foreign investors is also noteworthy. There are no restrictions on the purchase of real estate for foreigners in Georgia, which helps to attract international investments. In addition, the country has low tax rates, including a 1% property tax, which creates an additional incentive for investors.

According to the National Statistics Service of Georgia, the number of real estate transactions in 2023 increased by 15% compared to the previous year. At the same time, the share of transactions carried out by foreigners in the total volume reaches 20%, which indicates the growth of international interest.

Despite these positive factors, potential buyers should also consider some challenges. For example, with an improved legal framework, there are still sometimes uncertainties regarding property rights, especially in older buildings.

The process of purchasing real estate in Georgia is really simplified for investors. Georgia's real estate market continues to be a dynamically developing sector that offers many opportunities to both local and international buyers.