For investors who are quite new to the market and have not spent too much time in the city other than the main tourist areas in the centre, the number of different choices can often seem bewildering – as is the case with any other city with over 1 million inhabitants. This guide will give […]
Information correct as of 29 January 2021 Once the full extent of the coronavirus was realized in March 2020, Georgia closed its borders to the vast majority of foreign visitors. Apart from residents of Germany, France and the Baltic States, it was impossible for foreigners to visit Georgia without an official invitation and undergoing a […]
In Georgia, the majority of new apartments are sold in what is known as ‘white frame’ basis. This means that they come with bare concrete walls, floors, ceilings, no bathroom, etc. It costs around $200 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 […]