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To be completed 2025
It should be noted that 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. In the fourth quarter of 2023, compared to the same period in 2022, a price increase was recorded for new apartments by 14.2%. By the end of 2023, an annual decrease of 5.1% was recorded in the rent in Tbilisi, although this fact is twice the level of 2021. It should be noted that this is due to the stabilization of the real estate market.
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Otar Oniashvili N28
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