according to the data of 2022, real estate occupies 2nd place in the GDP sectors of Georgia. According to preliminary data, the volume of foreign direct investments made in Georgia in the 3rd quarter of 2023 reached 316.0 million. amounted to US dollars.
In 2023, in Tbilisi, the positive dynamics of sales of new apartments were maintained, and an annual increase of 1.6% was recorded. It is worth noting that prices have increased, especially since the beginning of 2022 until today, when a 30.7% increase was recorded.
2.5%
In the fourth quarter of 2023, compared to the previous quarter, an increase in prices was recorded in the segment of residential apartments by 2.5%.
27.8%
4.7 million tourist-type visits were made by international visitors, which is 27.8% more than the same figure of the previous year.
2.9%
In the fourth quarter of 2023, the residential real estate price index (RPPI) increased by 2.9% compared to the previous quarter.
$316,000,000
The volume of direct foreign investments made in Georgia in the III quarter of 2023 amounted to 316.0 million US dollars.
