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Real Estate Rental In Georgia

Renting out your property in Georgia and earning passive income has never been easier. Say goodbye to the time-consuming and stressful process of finding and managing tenants. With Reinvest, Georgia’s premier brokerage service for foreigners, you can sit back and relax while we handle all aspects of renting out your property.

What does the Real Estate Rental Service Include?

 

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 rental process with precision and expertise, ensuring a smooth and lucrative experience for property owners.

 

Tailored Services for Optimal Results: From market research to tenant selection, lease agreements, and ongoing property management, our team manages every aspect of the rental process. We provide personalised solutions to meet the unique needs of each property owner, ensuring maximum profitability and peace of mind.

 

Determining the Optimal Rental Price: Our real estate agents conduct 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.

 

Expertise in Legal Compliance: Rest assured, our practices adhere to all Georgia brokerage standards and regulations, including real estate law, landlord-tenant law, and tax laws. With ReInvest, you can trust that your rental property is in safe and capable hands.

 

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

 

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.

 

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

 

 

FAQ

 

 

What services are included in the ReInvest real estate rental service?

 

ReInvest’s real estate rental service includes 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, maintaining the property and terminating the lease if necessary.

 

 

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, landlord-tenant, and tax laws.

 

 

What types of rental properties can ReInvest help owners with?

 

The service applies to any type of property registered in Georgia, whether residential, commercial or other. The owners of one apartment can use it and more significant 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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