Apartment renovation services in Georgia, especially in cities like Tbilisi and Batumi, are in high demand. Studies mention that construction sector’s annual turnover increases by 18% on average in Georgia for last 8 years. In addition with existing real estate / apartments renovation needs in Georgia – new developments and constructed apartments – both are in need of renovation company.
Georgia has become attractive to investors from all over the world. Investors are actively buying apartments in Georgia from developers or on the secondary market. Normally, the intention is to keep it for family vacations and for getting stable high ROI from rental of the real estate in Georgia. When one buys an apartment from a developer or on the secondary market – normally – an apartment needs renovation.
Home renovation services in Georgia normally start with blueprint / measurements and respective home design services. At this stage, it is crucial to find a professional renovation company, which can provide services under one roof.
Property Condition for Renovation in Georgia
There are typically several conditions in which the properties are passed to the new owner:
- Black frame;
- White frame;
- Green frame;
- Old Renovated;
- Newly Renovated.
All these conditions have some objective characteristics, however, they are more for very general reference purposes, and in each case, the condition details must be agreed upon in advance.
Black frame
The condition in which the apartment has basically only walls with windows and an entrance door. Plain area without separating walls.
When an apartment is in such condition – all the renovation works are needed, including putting pipes /electricity into the floor and filling the floor/screeding.
White frame
On the level of the white frame – screed floor, separating walls, electricity, and plumbing spots are done.
Green frame
On the level of the green frame – all the perks of the white frame, plus heating system pipes installed, walls are plastered, doorframe in-between the rooms are done. And area is prepared for the final paint job/tile works.
Old Renovated
An old renovated apartment in Georgia is normally called a 30+ years old renovation. Such apartments normally always need a full renovation, including taking off the wallpapers, getting rid of old furniture, changing tiles/electricity/machines / sanitary points.
Newly Renovated
If you are fine with the newly renovated apartment – you still may need to make minor renovation in apartment / cosmetic renovation. Such renovation normally is related to updating different home appliances and changing visual parts in accordance with the preferences of the new owner.
Real Estate Renovation Prices In Georgia
It’s impossible to say what the price of the real estate renovation is in Tbilisi in advance. The price of the renovation of any real estate in Georgia highly depends on:
1. Taste and preferences of the new landlord – Often landlords are trying to use more economy-type furniture, and appliances with consideration that the tenants will be negligent towards the Apartment. On the other hand for premium type of apartments, the landlords are trying to purchase and install only premium type of appliances and furniture.
2. Condition of the apartment – Renovation of an old renovated apartment is normally the most expensive if the renovation is too outdated. The black frame might be cheaper to renovate as there is nothing to demolish in it compared to an old renovated apartment.
3. Type of apartment – Investors in Georgia need to decide whether they intend to rent out in newly built apartments / old or very old apartments. Renovating old types of apartments (which are 30 – 60 years old) – is normally cheaper as they are rented for economy tenants. Renovating very old apartments is normally the most expensive, because for example, making renovations in a historical type of building, requires a special permit or a special type of renovating brigade, which will follow special instructions to have the apartment in compliance with the condition it must be.
FAQs:
What are the benefits of renovating an apartment in Tbilisi, Georgia?
The better the shape of an apartment – the higher its market value for sale and rental purposes.
How long does an average apartment renovation take?
It depends on the condition of the apartment. For cosmetic renovation for a small apartment, one can count on a minimum of one week in the best-case scenario. The bigger the place and deeper the renovation, the longer the time needed for renovation.
How do I choose the right renovation company for my project in Georgia?
Choosing the right renovation company in Georgia can be challenging for foreigners. Many renovators operate as individuals rather than legal entities and often avoid formal contracts. A reliable renovation company should provide a portfolio and multiple references from previous clients. For renovating historic buildings in central Tbilisi, it’s essential to hire a team with a special license for such work. Having a formal contract is crucial to protect your interests throughout the renovation process.
Why is it risky to start my renovation without having a design plan?
Exterior and interior design is crucial in order to have the final image of an apartment in advance. It helps avoid surprises and clearly identifies what is expected to be done by the renovation company.
Can You Help Me Renovate My Property in Batumi?
Absolutely! Our renovation company is fully equipped to handle renovations for all types of real estate in Batumi. Due to the growing demand for real estate in the area, we’ve expanded our services to include Batumi as well.