What You Need to Know When Buying or Selling Property in Georgia

If you're planning to invest in Georgian real estate, here are the key facts every foreign buyer or seller should understand:

1. Type of Property
   Foreigners in Georgia are allowed to purchase:

   • Residential properties

   • Commercial spaces

   • Non-agricultural land

   Note: Agricultural land cannot be sold to foreign citizens. However, foreigners can purchase land intended for hotels, residential complexes, or business-related development.

2. Purchase Methods
   Property in Georgia can be acquired using several payment options:

   • One-time payment

   • Installment agreements

   • Cash or bank transfer

3. Determining Market Value
   It is highly recommended to assess the property’s fair market value before making a purchase. Hiring a local real estate expert can help avoid overpaying.

4. Expenses
   Foreign citizens involved in property transactions must typically pay:

   • ✅ Notary service fees

   • ✅ Translation costs

   • ✅ Public Service Hall registration fees