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• Step 1: Find a property and agree on a price with the seller.
• Step 2: Sign a pre-contract and pay a deposit (optional).
• Step 3: Conduct due diligence on the property (checking for any legal issues, debts, etc.).
• Step 4: Sign the sales agreement at a notary office.
• Step 5: Register the property in the Public Registry to complete the purchase.

There is no property purchase tax in Georgia. However, if you sell the property within two years, capital gains tax may apply. Property owners are also subject to a small annual property tax.

Yes, some Georgian banks offer mortgages to foreign buyers, but the terms may vary. Generally, a down payment of 30-50% is required, and the interest rates are higher for non-residents.

• High rental yields, especially in tourist areas.
• No restrictions on foreign ownership.
• Growing real estate market with increasing property values.
• Low property taxes and favorable legal environment.

Many property management companies in Georgia offer services like tenant management, rent collection, maintenance, and more. These companies can handle all aspects of property management on your behalf.

You can find a wide range of properties, including apartments, houses, commercial spaces, and land. Popular areas include Tbilisi, Batumi, and Kutaisi.

Property rights in Georgia are well-protected by law. The Public Registry ensures that all property transactions are transparent and secure.

Consider the location, property condition, legal status, and market trends. It’s also advisable to work with a local real estate agent and a lawyer to navigate the process smoothly.