Tbilisi Real Estate Market 2026: Safety, Growth, and Stability
The Tbilisi real estate market has entered 2026 with strong momentum, demonstrating a combination of safety, steady growth, and increasing stability. According to Nanuka Alavidze, PR Manager at Arkan Property, both local and international factors are shaping a positive outlook for the year ahead.
“One of the most important developments is the growing interest from global investors,” Alavidze explains. The entry of major international players such as Emaar Properties highlights Georgia’s rising profile as a reliable and attractive investment destination.
At the same time, the market is strongly supported by domestic demand. Georgian buyers account for approximately 60% of total real estate transactions, reflecting increased purchasing power and confidence in the local market. Large-scale developments, including Ambassadori Island, which has already launched its first phase, further reinforce long-term stability and investor trust.
Recent data confirms this upward trend. January 2026 recorded 2,946 apartment sales in Tbilisi-the highest figure in the past three years. The average price reached $1,385 per square meter, while rental rates increased to $10.2 per square meter, according to Galt & Taggart. These figures point to a market that continues to grow in both value and demand.
While global geopolitical tensions remain a challenge, their primary impact is expected to be on construction costs and financing conditions. “We anticipate rising prices for construction materials and potentially higher financing costs,” Alavidze notes. “However, these pressures are part of a broader global trend.”
Despite this, Georgia’s positioning as a safe and stable country gives it a competitive advantage. In times of uncertainty, investors tend to shift toward secure and predictable markets—and Georgia increasingly fits that profile.
“Our latest project, Tbilisi South Valley, has demonstrated strong performance in January and February of this year, reflecting growing demand and positive market sentiment. Notably, interest from European buyers has been significant, driven primarily by high rental yields and an expected capital appreciation of up to 30% by the end of construction.
At Arkan Property, we remain focused on developing projects that prioritize green spaces and recreational areas, while building strong strategic partnerships that continue to shape and strengthen our investment portfolio.”
