Real Estate Market Review: FIABCI-Georgia
Lika Kardava President of FIABCI-Georgia, Managing partner of PropertyGeorgia.ge and Kate Tabatadze - CEO and former President of FIABCI Georgia; Managing partner of PropertyGeorgia.ge review the year 2021 in the Real Estate market.
Real Estate Prices Increased by 200% in Suburbs of Tbilisi
"Real estate prices have risen by about 200% in the suburbs of Tbilisi," said Nata Modebadze, a member of the Georgian National Real Estate Association's board of directors.
Real Estate Market in Batumi Increased to $45 Million in October
Although the bulk of the transactions come from new flats, the annual growth rate is for old flats and the new flats are reduced.
ADB Signed $10 Million Loan to Develop Affordable and Sustainable Residential Housing
The Asian Development Bank (ADB) and Optima LLC have signed a $10 million loan to develop affordable and sustainable residential housing developments in Georgia’s capital, Tbilisi.
Property Prices Increased by 12.2% Compared to Previous Year in Tbilisi
TBC Capital has published a monthly survey of the Tbilisi housing market. The report analyzes the trends of market growth and decline and these data are compared with the previous year.
Georgian Stock Exchange Sells M2 Bonds Worth $117,947
Deals worth $117,947 were made on M2 company bonds at Georgian Stock Exchange (GSE).
Colliers: In May, Apartment Transactions in Tbilisi Declined by 25% compared to 2019
Recov.ge website that was specially designed by Colliers International for real estate market reporting, has updated data on sales of residential apartments in Tbilisi
FIABCI-Georgia Elects Lika Kardava As President
The general assembly of FIABCI-Georgia has elected Lika Kardava as the new President of the national chapter. She will lead FIABCI-Georgia for the next two years.
Cheapest and Most Expensive Neighborhoods in Tbilisi to Buy a House
The residential real estate price index rose by 2% in the first quarter of 2021 compared to the previous quarter. The index grew at a rate of 13.6 percent per year.