Demand for Land Plots in Suburbs of Tbilisi is Growing

Demand for land plots in the suburbs of Tbilisi is growing.

According to the report of the real estate consulting company Cushman & Wakefield, in 2020 there was a tendency to purchase land plots near Tbilisi and near Mtskheta, which may continue in 2021.

In general, the price per square meter of land is determined by its location. Cost is also affected by where it is located, how well developed the surrounding infrastructure is, and how well communications are provided - electricity, natural gas, water, etc.

According to the information requested from the real estate portal ss.ge, the price of the land plot in the areas near Tbilisi looks like this:

(The minimum and maximum price per square meter)

Tskneti - from USD 16 to USD 556
Saguramo - from USD 7 to USD 250
Tsavkisi - from USD 14 to USD 300
Mtskheta - from USD 2 to USD 210
Kojori - from USD 11 to USD135

It is noteworthy that compared to the previous year, the price of land remains stable and it did not rise in price during the pandemic period. However, as already mentioned, the demand for land has increased and the trend will continue this year.

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Economy

Demand for Land Plots in Suburbs of Tbilisi is Growing

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Demand for Land Plots in Suburbs of Tbilisi is Growing

Demand for land plots in the suburbs of Tbilisi is growing.

Last 7 Days Hot Topic

With the support of the International Visegrad Fund (IVF), a meeting was held in the city of Zugdidi within the framework of the ongoing project at the Energy Training Center of GNERC 01

The EU Urges Georgia to Refrain from Adopting Legislation that can Compromise Georgia’s EU Path 02

Japanese Cafe Fumfula Expands in Tbilisi Amid Rising Popularity of Asian Cuisine 03

Georgia-Korea Investment Promotion and Protection Talks Advance in Seoul 04

Georgia Sees Surge in Electric Vehicle Registrations 05

Levan Lepsveridze Joins Jury at Cannes International Festival 06

With the support of the International Visegrad Fund (IVF), a meeting was held in the city of Zugdidi within the framework of the ongoing project at the Energy Training Center of GNERC
01

The EU Urges Georgia to Refrain from Adopting Legislation that can Compromise Georgia’s EU Path
02

Japanese Cafe Fumfula Expands in Tbilisi Amid Rising Popularity of Asian Cuisine
03

Georgia-Korea Investment Promotion and Protection Talks Advance in Seoul
04

Georgia Sees Surge in Electric Vehicle Registrations
05

Levan Lepsveridze Joins Jury at Cannes International Festival
06