RUSTAVELI PROPERTIES
Ranking

Best Georgian cities for capital appreciation (2025)

Where price per m² grew most, and where we expect the biggest 3-5 year uplift.

Methodology

Average annual 2020-2025 growth of median new-build price per m². 2025-2028 projection based on delivery pipeline and international demand.

  1. 1
    Batumi
    Tourism boom, still-scarce supply.
    5-year CAGR
    +13.2%
  2. 2
    Tbilisi
    Deep market, steady appreciation.
    5-year CAGR
    +10.6%
  3. 3
    Gudauri
    Ski area expansion, strong demand.
    5-year CAGR
    +9.4%
  4. 4
    Gonio
    Family diversification of the Batumi hub.
    5-year CAGR
    +8.1%
← All rankings