🇬🇪
Georgia
Highest gross yields in CASABROVA at 8–14%; no transfer tax — only a small one-off registration fee (≈GEL 50–200); residence permit from USD 150K real estate (threshold raised 1 Mar 2026)
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Currency Risk
GEL
Golden Visa ✅156,026 monitored sale listings
Investor Profile:
Currency:
Gross Yield8%–14%
Entry PriceFrom ₾2,024 (€650)/m² · Kutaisi
Purchase Tax—
CGT Rate—
Golden Visa⚠
Non-Res Mortgage—
DTA Israel—
* Exchange rates shown for illustration only, based on ECB mid-market rate. Actual transactions may be subject to conversion fees.
TIER 3 — SELECTIVEMacro: 17/30
🇮🇱Israeli74.7/100
🇩🇪German74.3/100
🇫🇷French74.3/100
🇳🇱Dutch74.3/100
🇧🇪Belgian74.3/100
🇬🇧UK74.7/100
🇺🇸US74.6/100
🇨🇦Canadian74.7/100
🇮🇳Indian74.7/100
🇨🇳Chinese74.7/100
🇪🇺Other EU74.7/100
✅ Strengths
- ▸Simplest acquisition (2-day registration); lowest transaction costs
- ▸No rental restrictions; full STR freedom
- ▸Highest gross yields in the CASABROVA cohort: 8–14%
⚠ Risks
- ▸VERY HIGH bubble risk in Batumi — foreign speculation, prices 3–5× above local income
- ▸Political instability (WB −0.61); 2024 election disputes unresolved
- ▸GEL currency risk; not EU — no EPBD, no STR regulation, no investor protections
CASABROVA Verdict
Tbilisi only — avoid Batumi new builds entirely. Strategy: buy-fix-sell within 3–5 years.
Other: CASABROVA Score unavailable for this profile.
Recommended Strategy
Tbilisi only. Short hold (3–5 yr). Local management essential. Hedge GEL exposure.
Based on CASABROVA Waves 1–8, Q1 2026. Not financial or legal advice.