The Georgian Real Estate Agency (GREA) anticipates that property prices in Georgia will rise by around 5% in 2026. Speaking on BMGTV’s “Women’s Narrative” program, GREA founder Nino Absandze highlighted steady growth in the market, noting that the average selling price of real estate increased by 3% in 2025 to reach USD 1,284, according to TBC Capital data.
Absandze explained that several factors are driving price increases, including higher construction material costs, rising overall construction expenses, and limited availability of land plots. “For example, the residential real estate index increased by 10% this year,” she noted, adding that these factors continue to sustain upward pressure on property values.
Despite recent fluctuations in the market, Absandze emphasized that 2025 has been relatively stable, with strong ongoing demand. “The processes have been dynamic this year, and I believe next year we’ll see about a 5% increase in prices,” she said.
Discussing investment trends, the GREA founder pointed out that real estate remains one of the safest and most reliable investment options in Georgia. “Investment is always more profitable when the project is in its initial stage, that’s when active investors enter. However, quality real estate always holds a high value,” she remarked. Absandze also identified Ortachala as a district with growing investment potential, describing it as “a natural continuation of Old Tbilisi” that offers promising opportunities for both local and foreign buyers.
