Tbilisi & Batumi · five properties

Buy a yield,
not a postcard

Every property below is let today, to a real tenant, on a contract we can show you. The number in the corner is what it returned last year after costs, not what a brochure hopes it might do.

8.1–11.2%Net yield
$67kEntry
7 daysTo title
01 / 05

The Gonio Villa

Batumi coast · 300 m to the sea

A two bedroom flat in a low villa block, run by the same seasonal operator for three years. Occupancy has not fallen below 71% in that time, and the furniture and the management contract come with the sale.

$145,000Price
72 m²Area
9.5 yrsPayback
$1,270Monthly net
Living room with full height glazing
Ready · rented
10.5%Net yield
02 / 05

Seaside Tower Studio

Batumi · New Boulevard

The cheapest way in and the highest number on this page, because it lives on nightly lets through the summer and sits empty for weeks in February. The yield is an annual average, and we would rather say that out loud than print it in a footnote.

$67,000Price
38 m²Area
8.9 yrsPayback
$625Monthly net
Loft bedroom with tall windows
Ready · short let
11.2%Net yield
03 / 05

Vera Loft

Tbilisi · Vera district

Let to a corporate tenant on a twelve month contract, renewed twice without a gap. The yield is lower than the coast and the money arrives every month regardless of season, which is what a first purchase abroad should look like.

$89,000Price
42 m²Area
10.6 yrsPayback
$697Monthly net
Loft interior
Ready · long let
9.4%Net yield
04 / 05

Saburtalo Business Flat

Tbilisi · four minutes to the metro

Off plan, handover in the third quarter of 2027, paid in stages against construction milestones. The yield here is an estimate built from let flats on the same street, and it is marked as an estimate everywhere it appears, including this line.

$78,000Price
45 m²Area
10.2 yrsPayback, est.
$637Monthly, est.
Glass facade of the new building
Off plan · Q3 2027
9.8%Est. yield
05 / 05

Old Town Residence

Tbilisi · Sololaki

A restored flat with the original carved balcony, in the part of town foreign buyers ask for by name. The lowest yield here and the strongest case on resale: nobody is building more Sololaki.

$124,000Price
56 m²Area
12.3 yrsPayback
$837Monthly net
Evening street by the waterfront
Ready · rented
8.1%Net yield
What happens next

You get the file before you get the pitch

Registry extract, tenancy contract, twelve months of payments and the utility record. Sent as one PDF, in English, within a business day. If a property looks worse on paper than on this page, you will see that in the file, and we would rather lose the sale than the sentence.