In 3Q24, the number of apartments sold in Gudauri reached 64 units, down 34.7% y/y. In 3Q24, small-sized apartment (26-50 m2) sales accounted for 76.9% of total sales, - according to the report published by Galt&Taggart.
Moreover, 43.8% of sales were recorded in the midscale segment ($1,001 – 1,500). A total of 6 completed residential projects are available for sale on the primary market in Gudauri.
In 3Q24, weighted average price of apartments in Gudauri slightly decreased to US$ 1,417/m2. Total market size of apartments sold in Gudauri stood at
US$ 3.9mn, down by 18.5% y/y.
