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What is happening in the Georgian real estate market today?
Experts predict that in 2022, the real estate market is expected to maintain the upward trend in prices. This, on the one hand, is caused by the increase in the prices of construction materials, the tightening of construction regulations, and also limited places in Tbilisi. Consequently, the more places in so-called prestigious locations run out, the more the price of real estate in such locations increases.
When it comes to buying real estate, the demand for good apartments is quite high, most people pay attention to quality and reliability when buying an apartment. Today, the best high-class and quality apartments are sold.
The demand for real estate is increasing year by year. If we look at the city visually, a lot of new buildings are being built, but it is very difficult to select a quality and liquid project among them.
In most cases, the problem is the discrepancy between price and quality - there are cases when the price raises many questions for users, because the price difference per square meter between two buildings under construction on the same street can be 1500 GEL and more, the main reason of which is the quality of construction.
Based on this fact, the number of sales is high in companies whose projects are in line with prices and quality.
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