Properties in Georgia

In the countries where we offer property — Albania, Georgia, and Cyprus — foreign investors can own property with no significant restrictions. We'll guide you through the whole process, including local legislation and the necessary paperwork.

If an individual rents out the apartment, they pay 5% income tax on gross rental income. If you invest in a project with hotel-style management, though, the manager handles the taxes and you don't need to worry about anything.

Yes, we arrange financing both abroad and entirely within the Czech Republic — mortgages as well as consumer loans.

The realistic return on a well-chosen project can be around 10% a year, depending on the specific project, location, occupancy, and quality of management.

Yes, we offer ongoing management and rental services, so you don't have to manage the property remotely yourself.

Renting can work in three main ways: individual short-term rental (Airbnb/Booking), a hotel-management system, or long-term rental. The hotel system is ideal for investors who don't have time to manage their investment themselves — pricing between hotels is coordinated, so there's no price competition and returns are easier to predict. Long-term rental can offer an attractive return mainly for larger apartments in desirable locations.

The most common mistakes are choosing the wrong location, buying into projects with heavy competition, underestimating the developer, and picking an unsuitable unit for the intended type of rental. That's why we recommend choosing a project based on data, not just the sales presentation.

It depends on the specific property and country — for completed projects it's usually a matter of weeks, for properties under construction it takes longer because of the payment schedule. You'll always get a realistic estimate for the specific listing you're interested in.

The standard income tax rate on a sale is 20% of net profit (the difference between the sale and purchase price), for both residents and non-residents. If you've owned a residential property for more than 2 years, you're exempt from this tax.

The price shown on a listing is final for you as the buyer — regardless of whether the commission is added on top or paid by the developer. This holds in most cases, unless a specific listing states otherwise or only shows a price per m².

In our experience, it's worth avoiding older buildings aimed at short-term rental, projects with an extremely low price per m², large complexes where construction will keep going for many years, and locations with no real rental demand. These factors often lead to lower occupancy and weaker returns.

Most steps (choosing, reserving, and even signing) can be handled remotely through a power of attorney. We do always recommend an in-person viewing, ideally before signing — we're happy to plan one with you.

Entry into Georgia is very simple for Czech citizens — no visa is needed, stays of up to 1 year are visa-free, and a valid passport is enough.

We check every project and developer ourselves first — history, documentation, construction status, and references. Only a fraction of what we see on the market makes it into our listings.

There's currently a direct route from Prague to Kutaisi or Tbilisi. The flight to Kutaisi takes about 3 hours, and the onward trip to Batumi is roughly 1.5–2 hours by car.

We'll help with the sale too — either through our network of investors or the local real estate agencies we work with. We don't sell it for you ourselves, but we'll guide you through the whole process.

Quite the opposite — the buying process is relatively simple: no restrictions for foreigners, a fast transfer of ownership, and a light administrative burden. The whole process can be done within a few days, and we'll take care of everything.

Yes, we handle all communication with the developer and local authorities for you — you don't need to speak the local language or even English.

An individual can own the property directly. For renting it out, though, it's a good idea to have a local account or a management setup in place — we'll help with that as part of the process.