We provide clear, well-documented valuation reports that can support various needs, from buying and selling decisions to securing financing or legal purposes.
🏗️ Over 100 projects completed across Georgia
Real Estate Appraisal
Appraisal of a property, such as an apartment, is necessary before buying, selling, refinancing or even renting an apartment. A misjudged cost means missed opportunities and potential financial gain.
At RI.GE, we design and plan spaces with purpose — smart, elegant solutions for homes and businesses across Georgia.
What’s part of Real Estate Appraisal Services
We offer comprehensive real estate appraisal services tailored to both residential and commercial properties in Georgia. Our appraisals are based on detailed market analysis and professional evaluations, ensuring an accurate reflection of your property’s true value.
With extensive experience and in-depth knowledge of the local market, we provide precise and fair appraisals, considering both current market trends and future prospects.
Real Estate Appraisal
Our experts assess the condition of your property and analyze market dynamics to determine its accurate value. Each appraisal is thorough, ensuring that every detail is accounted for to reflect the true worth of your real estate.
Valuation Reports
Real Estate Appraisal In Georgia
Our Approach
Expert on-site visit and inspection: The real estate agent will personally inspect your property according to international standards. This is important because the agent will get much more complete information about the property on the spot than, for example, in the case of an online appraisal.
Market analysis and comparison: The second stage begins with the research of the Georgian market at the given moment and the comparison of the property with similar types of real estate in order to be as objective as possible in the assessment.
Creation of a detailed written report: After the appraisal is completed, you will receive a written report that will assess the value of your property from all angles. The report includes photographs, maps, scale drawings (a part of our house plan measurement service in Georgia) and other supporting data. The document has legal force and you can use it in any private and state institution.
Final consultation: Upon submission of the report, our specialists will provide you with the information specified in the document in simple language and answer all your questions.
In addition to property evaluation, ReInvest offers the following services: interior design services in Georgia, maintenance, renovation services, etc.
FAQ
What is included in ReInvest’s real estate appraisal service?
The service includes expert on-site visit and inspection, market analysis, written report creation and final consultation.
When might you need real estate appraisal services?
Property transactions
Mortgage refinancing
Divorce or estate settlements
Tax appraisals
Why is a site visit necessary for a real estate appraisal?
Unlike online appraisals, on-site visit allows our real estate agents to gather more valuable information and pay attention to small but important details.
Frequently Asked Questions
Georgia offers a business-friendly environment, low taxes, no restrictions on foreign property ownership, and a fast-growing tourism and real estate sector. The country also has a strategic location between Europe and Asia.
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%.
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.
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.
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.
Property Ownership can be registered remotely, through Power of Attorney.
Passport and purchase agreement which can be set up in accordance to the law by our lawyers.
There is no property transfer tax in Georgia.
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.
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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