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Real Estate Rental In Georgia

If you own real estate in Georgia and want to earn passive income by renting it out, ReInvest, a real estate agency in Georgia, will provide you with appropriate services.

ReInvest is a real estate agency that provides Georgian and foreign customers with complete services related to real estate in Georgia. One of the popular services is property rental services, as over time more and more people choose to rent apartments in Tbilisi as a source of income.

What Does Reinvest Help You To Rent Apartment in Tbilisi, Georgia? 

 

Seamless Rental Solutions for Property Owners: Discover a comprehensive approach to real estate rental that maximises returns and minimises hassle. At ReInvest, we handle every aspect of the apartment rental process with precision and expertise, ensuring a smooth and lucrative experience for property owners.

 

Determining the optimal rental price: Our real estate agents conduct a thorough market research and analysis independently of you, as a result of which they agree on the price that will bring you the maximum benefit.

 

Property Marketing: To get your apartment to the right tenant quickly and effectively, our team plans and implements marketing campaigns.

 

Selection of tenants: every time a person who wants to rent an apartment appears, our team examines his credit history and requests the necessary information from him.

 

Lease agreements: to protect your interests and Georgian legislation, we prepare and legally sign lease agreements.

 

Rent Management: Our team will collect rent from tenants for you, helping you get paid on time and avoid monthly communication from the tenant.

 

Property Maintenance: The service includes property maintenance in Georgia, such as landscaping, house plan measurements, cleaning, renovation, surveying, etc.

 

Termination of Lease: In extreme cases, we make it our responsibility to cancel the contract with the tenant and evict them.

 

ReInvest adheres to all Georgia brokerage standards and regulations, such as the Real Estate Law, Landlord-Tenant Law, tax laws, etc., when renting out property. Our team can help you rent any type of property registered in Georgia for any length of time. And there’s more! We can help you rent apartment in Batumi, too. Try living in this beautiful city and who knows, you may even want to invest in Batumi

 

 

FAQ

 

 

How will Reinvest help me if I want to rent an apartment in Georgia?

 

Here are the services Reinvest offers for people wanting to rent an apartment in Tbilisi or Batumi:

 

Determining optimal rental prices based on market research
Marketing the property to attract tenants
Selecting tenants by checking credit history
Preparing and signing lease agreements
Collecting and managing rent

 

 

How does ReInvest comply with legal regulations in the rental process?

 

The agency strictly adheres to all applicable brokerage standards and regulations in Georgia, including real estate law, landlord-tenant law, and tax laws.

 

 

What types of rental properties can ReInvest help owners with?

 

The service applies to any type of property registered in Georgia, be it residential, commercial or other. It can be used both by the owners of one apartment and larger properties.

FAQ

Where to Invest for Maximum Returns?

Each city boasts unique investment prospects, and our expert team is here to provide tailored insights to guide your decision-making process.

Why Invest in Georgia?

Georgia’s real estate sector is experiencing unprecedented growth, fueled by rising tourism and migration trends. Property values in cities like Tbilisi and Batumi have surged by 30%, with rental prices skyrocketing by 250%.

Where to invest in Georgia? Tbilisi, Batumi, Bakuriani, Gudauri or other place?

We can say that each direction has its pros and cons. Tbilisi is a year-round in-demand location for tourists and expats and capital of Georgia. Batumi is in super high-demand in summer, but the rest of the year you should count only on expats (whose number seriously grow). Bakuriani and Gudauri are winter resorts, where biggest revenue you get in winter from tourists coming for skiing. However, Gudauri is more expensive in that period of year than Bakuriani, but Bakuriani is in demand in May-Sep periods as well, as many locals are taking their families there for clean and healing air, coming from pine trees.

What ROI will I get from owning a Georgian property?

Georgia is a country with developing economy and high political risks. Economies with similar conditions have high risks, and therefore high potential of returns. High inflow of tourists and war-related migrants are boiling real estate sector. To the latest data the real estate purchase prices in Tbilisi and Batumi increased on average by 30% within a year and the rental prices by 250%. ROIs predictions highly vary, but realistically – 10-13% in Batumi and 8-12% in Tbilisi.

Which district is preferred in Tbilisi?

For lovers of history and those who plan to rent out property to tourists in Tbilisi, we advise the districts of Sololaki, Abanotubani, Vera, Avlabari, Chugureti. Here you can live in an old Georgian house (which is 100-150 years old), walk every morning along the narrow streets, know everyone by sight. This is a special aesthetic, tourists want to feel this artistic atmosphere, but living there permanently, as a rule, gets boring after a while due to poor infrastructure. The most budget-friendly real estate options should be sought in the areas of Gldani, Isani and Samgori. Something in between – in Didube and Sanzona. We recommend to buyers of private villas to take a closer look at the areas of Didi Digomi and Tskneti, Kaklebi.

Can I register Property Ownership remotely?

Property Ownership can be registered remotely, through Power of Attorney

What are the documents required for property ownership registration?

Passport and purchase agreement which can be set up in accordance to the law by our lawyers.

How much is the property transfer tax in Georgia?

There is no property transfer tax in Georgia.

How long does it take to register a property ownership?

Registration of a property in Georgia is one of the fastest processes in the world. Right to ownership can be registered on a same day of application.

What benefits apart from investment returns do I get from owning a property in Georgia?

Owning a property appraised for more than USD100,000.00 is a criteria of getting Georgian residency permit. Appraisal of more than USD300,000.00 grants you 5-years residence permit which eventually becomes permanents residence permit.

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