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Tbilisi residential property prices rise 4.9% year-on-tear in Q2 2026 - Geostat

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Georgia’s National Statistics Office (Geostat) reported that the Residential Property Price Index (RPPI) increased by 0.9% in the second quarter of 2026 compared to the previous quarter, while annual growth reached 4.9%. Compared with the 2020 average, the index is 63.8% higher.

According to Geostat, the index covers only Tbilisi’s new residential property market, including both apartments in multi-storey buildings and private houses.

In the second quarter of 2026, prices increased by 0.9% quarter-on-quarter in both the apartment and private house segments.

Compared with the second quarter of 2025, apartment prices rose by 4.8%, while private house prices increased by 5.5%.

Apartment prices (per sq. m.)

  • Mtatsminda – GEL 6,730
  • Vake – GEL 5,914
  • Krtsanisi – GEL 4,630
  • Saburtalo – GEL 4,307
  • Didube – GEL 4,184
  • Isani – GEL 4,088
  • Chughureti – GEL 4,064
  • Nadzaladevi – GEL 4,038
  • Gldani – GEL 3,867
  • Samgori – GEL 3,680

Private house prices (per sq. m.)

  • Vake – GEL 4,656
  • Mtatsminda – GEL 4,409
  • Chughureti – GEL 3,524
  • Saburtalo – GEL 3,510
  • Didube – GEL 3,477
  • Isani – GEL 3,268
  • Samgori – GEL 2,992
  • Krtsanisi – GEL 2,926
  • Gldani – GEL 2,811
  • Nadzaladevi – GEL 2,778
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image Georgia is becoming a major business hub - Telegram founder Pavel Durov praises Georgian Government’s business-friendly policies

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Telegram founder Pavel Durov on Thursday highlighted Georgia’s business-friendly government policies and strong economic growth.

In a social media message, Durov noted that Georgia was becoming a major business hub.

“Very impressed with Georgia.The country is known for its warm people, ancient culture, local food and epic landscapes. But it doesn’t stop there. Thanks to its government’s business-friendly policies, Georgia is becoming a major business hub. The country’s economy doubled in 5 years and is still growing by 8% a year. International tech companies pay 0% corporate tax and just 5% on dividends and salaries. Georgia is seriously underrated as a place to visit and do business. I'll be back very soon!” Durov said.

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