In Georgia, the majority of new apartments are sold in what is knows as ‘white frame’ basis. This means that they come with bare concrete walls, floors, ceilings, no bathroom, etc. It costs around $150 per m2 of the interior of the apartment, not including the balcony as there is no work necessary on balconies. […]
I started writing about real estate in Eastern Europe way back in 2007. At that time, the hot market was Bulgaria’s Black Sea coast resorts of Sunny Beach and Golden Sands, where prices were low and there was a massive building boom going on. Back in 2007, I could see that all of the signs […]
Christmas came early this year for Tbilisi’s shopaholics as the long-awaited Galleria Tbilisi Shopping Mall opened on schedule on 30 November, 2017. It was a close run thing. Always scheduled for completion during Autumn/Fall 2017. the mall opened at 8pm on the last day of November – just four hours before the start of winter. […]
After a delay of some 21 years, Tbilisi finally received a brand new metro station last week. Located in the popular and upmarket Saburtalo district of the city, the metro is an extension to the city’s green line, linking to Vazha-Pshavela station. Called ‘University’, the station is located close to Tbilisi State University’s Maglivi X building […]
Georgia’s economy continues to go from strength-to-strength, expanding by 4.7% year-on-year during the first eight months of 2017, official data shows. This is a large increase on the figures from the same period in 2016, which showed growth of only 2.7%. Reasons given for the large increase include higher exports, remittances from abroad, plus tremendous […]
Tbilisi is undoubtedly a beautiful city, which is why it has become one of the world’s fastest growing tourist destinations. The city has made remarkable progress in overcoming the problems that blighted Georgia’s economy since independence, but there is still plenty of room for improvement as the city expands to cope with the demands of […]
After yesterday’s news about Georgian Airways’s new routes to Western Europe to start in March 2018, another sign as to the increasing importance of Tbilisi as one of the world’s most fastest-growing international tourism market came today with the opening of a new arrivals terminal at Tbilisi International Airport. Costing $33 million, the new terminal […]
My mother likes to joke that these days it is easier to rob a bank in the UK than it is to open an account with one! Fortunately, this is not the case at all in Georgia. Even for foreigners, the exercise is easy, quick and costs next to nothing. Firstly you need to decide […]
As I mentioned in a recent blog article, while there are already plenty of flights to and from Tbilisi from the Middle East and former CIS countries, the route network to Western European destinations is still fairly sparse. As a result, the most convenient way to get to Tbilisi from most Western European cities has […]
The most commonly asked question from anyone planning on visiting Georgia is, ‘Do I need a visa?’ The good news is that, in the majority of cases, the answer is probably going to be ‘No’. Georgia has one of the most liberal regimes in the world, which is definitely a major reason as to why […]