Real Estate

The summer has come. Do you think to go for a vacation in the best resort of the world? Do you want to buy real estate as well, but can’t afford both together? Construction and development company “Alliance Group” has the best offer for you. In the case of buying …

The real estate hub Property Georgia and travel agency Duda Travel have established Property Travel – a new platform for investors and tourist groups. The joint service package includes in-demand products such as: Organising transfers for business delegations and tourist groups between arrival/departure points and premium hotels/apartments; Organising informative tours about real estate; Organising informative tours …

Infrastructural projects are underway in the village of Asureti in Tetritskaro municipality. At this stage the first phase of rehabilitation of Shvabebis Street in Asureti is completed. The first phase provided construction of pavement, arrangement of waterproof concrete cavities, rehabilitation of fences and gates, sewage network, cleaning facilities and street …

Radisson Hotel Group is excited to announce the signing of the first Radisson Collection hotel in Eastern Europe and Russia. Radisson Collection – Tsinandali Estate will start soft opening period in September and open its doors officially in October 2018 in the iconic wine region of Kakheti, Georgia. True to …

“We will react to all violations of safety norms,” Tbilisi Mayor Kakha Kaladze told a government meeting on May 31. At the meeting he discussed the reformation of the surveillance service. City Hall is working on enhancement of the service system and increasing its efficiency, Kakha Kaladze said. “Amendments were …

According to a snapshot carried out by global real estate services company residential flats transactions increased by 37% in Tbilisi in the first quarter of 2018 (Q1, 2018) compared to the same period in 2017. At the same time, the share of new-build flats was 60%, 6 percentage points higher …

A new regulation regarding real estate valuation will come into force on 1 June. The decree on Real Estate Valuation Instructions for Commercial Banks was approved by the President of the National Bank of Georgia on 14 May. The project, which was initiated in January 2017, involved commercial banks, representatives from international …

In agreement with the Entrepreneurship Development Agency-Enterprise Georgia under the Ministry of Economy and Sustainable Development, a global real estate services company Colliers International Georgia developed investment proposals for large state-owned properties in Georgia. The project covered seven properties at various locations including Akhtala health resort, Goderdzi mountain, Kobuleti and Libani spa resort. The project …

In terms of apartments, on Airbnb in Georgia the average cost of an apartment in April was US$45 (110 GEL). For tourists, when comparing Georgia and its neighbouring countries, the cheapest prices for apartments were found in Georgia. Apartments in this area are most expensive in Russia-US$ 134, followed by …

The new Hotel Industry Development component of the state program ‘Produce in Georgia’ has already noted huge successes. Entreprise Georgia already supported 44 business entities, with a total investment volume of 128.7 million GEL and based on these 44 new hotels, more than 1,300 people will be employed and an additional 1,300 new rooms will be added to the Georgian …

Hotel Infrastructure will be arranged near Tbilisi Airport. The stater is already looking for an investor to build a hotel. In order to develop tourism infrastructure, the National Agency of State Property has presented 12 563 sq.m existing property by Tbilisi Airport for sale at electronic auction within the project:  …

 Company “m2 Real Estate” announces the purchase of the hotel in the winter resort Gudauri. M2 invested 7.2 million USD for total operation. ”BK Construction” will carry out 134-room hotel construction. According to plan, hotel will host first guests at the beginning of winter season of current year. The development …