According to Galt & Taggart, Israeli citizens accounted for 11% of real estate sales in Tbilisi during the first four months of 2025, with similar figures in Batumi. This marks a continuation of strong interest, as their share stood at 10% in 2024.
Despite geopolitical tensions and the ongoing Israeli-Iranian conflict, the investment bank notes that such crises don’t always dampen demand. In fact, they can spur interest in alternative markets like Georgia.
“Instead of a decline, we observed increased interest from Israeli buyers following the late 2023 events,” said Zuka Tavkelishvili, associate researcher at Galt & Taggart. “Georgia offers a familiar and comfortable environment for investment, and this activity may continue to grow.”
He added that while the conflict creates uncertainty, real estate demand, both for sale and rent, could remain strong if the current trend continues.
