Home / Real Estate

Real Estate

Airbnb Accounts for 11% of Accommodation Market in Tbilisi

Airbnb supply increased 2.5x in Tbilisi over 2016-2018. Market is already oversupplied, but still continues growing – a classic case of market overreaction. Notably, 64% of properties do not get booked at all while average monthly supplied rentals was up 62.8% y/y in 2018. Oversupply is evident when compared to peers …

Read More »

Area Talks on Real Estate to be held on May 5

On May 5, “Sheraton Grand Tbilisi Metekhi Palace”  will host Area Talks. The event is being held within the framework of the exhibition “Area Expo”. From 13:00, specially invited speakers will talk about interesting and important issues for real estate and flat owners. The event’s speakers are: Architect – Design …

Read More »

Best Western Kutaisi – Best Place for Business Meetings

The heart of Imereti and the cultural capital of Georgia – Kutaisi has been conquering hearts and pleasantly surprising its guests for a long time. Visiting Kutaisi in spring is a big pleasure, though the city’s beauty alone is not enough when you come for a visit. The place where …

Read More »

First Mechanized Parking Opening in Georgia

The first two-stage mechanized park opening in Georgia was held on Wednesday, April 3, at 16: 00, at King David’s multifunctional complex. The event is attended Tbilisi City Hall, representatives of banking leasing sector, King David Business Center Tenants and residents of King David Residences. Rezid Holding GmbH Director General …

Read More »

Dux Development’s Success at MIPIM Expo

Article by PropertyGeorgia 26 800 players from the real estate sector, up to 6000 investors and 600 political figures from more than 100 countries – these are the numbers behind the 30thMIPIM expo that took place on 12-15 March in Cannes. Investors attending the largest real estate exhibition were drawn towards …

Read More »

Alliance Group to Build the First Energy-Efficient Shopping and Business Centers in Batumi

The leading Georgian construction and development company Alliance Group is set to implement an unprecedented energy-efficient project in Batumi. Having already built several premium-class hotels and aparthotels for international brands in Adjara, the company’s latest project involves construction of the region’s first international-standard shopping center and A-class office space in the …

Read More »

Qvevri-Shaped Hotel to be Built in Telavi

Hotel “Qvevri” will be built in the village of Shalauri in Telavi. The main goal of the hotel is to popularize Georgian wine and culture. The hotel complex consists of a 15-room main building and a 20 qvevri cottage. According to the project, each pitcher will have the name of …

Read More »

TBC Capital Conducted Large Research of Residential Real Estate Market

TBC Capital’s research on the residential real estate sector includes a complete analysis of 2018. Preparation of research was henced by the growing demand of the market participant developers, to receive relevant, reliable and competent information about the sector. Consequently, the research aims to show companies and potential investors the current …

Read More »

Demand for Real Estate Increases on Renewed Bambis Rigi St.

The new initiative of “Meidan Group” means restoring the historical function of Bambis Rigi Street. As it is known, the production and sale of different products of cotton were done on Bambis Rigi street. Over the past few years, the main part of the commercial spaces located on the street were …

Read More »

Bank of Georgia Funds New Digital Platform Development

Bank of Georgia has funded development of Area.ge real estate online platform. The objective of the project is to provide comprehensive and permanently renewable information on real estates for sales rent in Georgia. Area.ge enables development companies to get closer to their clients, offer interesting proposals and develop their own …

Read More »