A foreigner can buy property in Georgia without any special permit — the procedure is simple and fast. The difficulty isn't bureaucracy but opacity: the same flat is advertised many times over, asking prices are far from deal prices, and vetting the property is entirely on you. Below is a step-by-step check before the deal, plus how the market actually behaves according to our data.
- No permit needed — foreigners buy housing and commercial property freely (agricultural land excepted).
- The key document is the NAPR registry extract: owner, mortgage, liens, disputes, encumbrances.
- Ownership transfers on registration, not on signing the contract.
- Nearly half of sale listings are repeat postings of the same property: the choice on the market is half what it appears.
- Negotiation is real: over 90 days we recorded 20,223 price reductions, averaging 9%, median 4.2%.
What the market really looks like
Before vetting a specific flat, two things about the market are worth knowing — both visible only in bulk data.
First: there is less choice than it seems. While preparing data for our valuation model, deduplication showed that 266,000 sale listings covered only 138,000 distinct properties. In other words, 48% of postings are repeats: one flat listed by several agents, often at different prices and with different photos. Scrolling the feed, you see the same property repeatedly and overestimate both supply and the competition for it.
Second: the asking price is not the deal price. Over the past 90 days we recorded 20,223 price reductions in already-published listings. The average cut was 9%, the median 4.2%. The gap between mean and median tells you about the market's structure: most corrections are small, but there is a substantial tail of properties that cut sharply — typically overpriced flats that sat for months.
The registry extract
This is the central document. The Public Registry (NAPR) extract shows:
- who the owner is — and whether it matches the person selling to you;
- mortgages and pledges — the flat may be collateral for a bank loan;
- seizures and court disputes — a deal on such a property will not pass registration;
- encumbrances — easements, third-party rights, registered leases;
- area and boundaries — compare them with what you are shown.
You order the extract at the House of Justice or online; it is paid and issued quickly. Get a fresh one dated to the deal, not one from a month ago.
Seller and documents
- The seller's passport, checked against the extract.
- Spousal consent if the property was acquired during marriage.
- Power of attorney if a representative is selling: verify its term, powers and authenticity (see buying by power of attorney).
- Inheritance: if the title was recently inherited, make sure no other heirs have claims (see inheritance).
- Utility and building-maintenance debts — they don't transfer automatically, but it's better to find out before rather than after.
- New build: vet the developer as well as the flat — construction permit, commissioning, track record (see new builds).
Checking the price and negotiating
This is where a buyer usually has the least footing: the seller knows the market and you don't. What gives you arguments:
- Prices in the same building. Coordinates on myhome point to the building, so you can see what the neighbours are asking. If the neighbour down the hall wants 15% less for the same floor area, that's a conversation.
- Duplicates of the same listing. One property listed by several agents often carries different prices; the lowest is your starting point.
- Time on market. A flat that has sat a long time is almost always overpriced, and the seller already knows it.
- The district median. Knowing where the property sits relative to its own district, not the city.
Our listing analysis computes all of the above: paste a link from myhome.ge or ss.ge and you'll see the fair price, nearby properties with their prices, duplicates of the same listing, and the factors that drive the price in that specific spot. To compare districts, use the district pulse.
The deal: timelines and costs
- The contract is signed at the House of Justice, where the registration documents are filed too.
- Registration times: the standard route takes a few days, expedited is same-day (at a higher fee).
- Costs: the registration fee, a translator if needed, and a lawyer if you engage one.
- Ownership begins at registration — until then you are not the owner, even with a signed contract and money handed over.
- Payment is safer through a bank than in cash: a documented payment history helps both in a dispute and at a future sale.
Procedure details are in registering ownership, and post-purchase taxes in property taxes.
Red flags
- A price well below market with no explicable reason — there is almost always an encumbrance, a dispute or a documents problem.
- A seller in a hurry pressing you with "another buyer is waiting" — a classic way to make you skip the checks.
- Refusal to show a fresh extract, or producing a month-old copy.
- A mismatch in floor area between the documents and reality.
- A cash deposit with no paperwork — money you cannot recover.
- A sale by power of attorney with the owner unreachable — not necessarily fraud, but it calls for double the checking.