Residential real estate prices rise in Tbilisi in Q1 2026 - Geostat
According to the National Statistics Office of Georgia, in the first quarter of 2026 the Residential Real Estate Price Index increased by 1.8% compared to the previous quarter. On an annual basis, the index grew by 3.0%, while compared to the average level of 2020 it has increased by 62.3%.
Geostat notes that the index covers only the new residential real estate market in Tbilisi, including both multi-storey buildings (apartments) and private houses.
In the first quarter of 2026, compared to the previous quarter, prices increased by 2.0% in both the apartment segment and the private house segment. Compared to the first quarter of 2025, prices rose by 3.3% for apartments and 1.8% for private houses.
In terms of average price per square meter in the apartment segment, the most expensive district is Mtatsminda, where the price reached 6,814 GEL per square meter. It is followed by Vake (5,958 GEL), Krtsanisi (4,465 GEL), Saburtalo (4,333 GEL), Chugureti (4,268 GEL), Didube (4,085 GEL), Nadzaladevi (3,993 GEL), Isani (3,948 GEL), Gldani (3,775 GEL), and Samgori (3,651 GEL).
In the private house segment, Mtatsminda also ranks first with 4,835 GEL per square meter, followed by Vake (4,500 GEL), Didube (4,242 GEL), Saburtalo (3,471 GEL), Chugureti (3,249 GEL), Isani (3,172 GEL), Samgori (3,164 GEL), Krtsanisi (3,164 GEL), Gldani (2,596 GEL), and Nadzaladevi (2,594 GEL).
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Tbilisi Waterfront sells out second sales phase in a single day
08.05.2026.11:00
Eagle Hills Georgia today confirmed that the second sales phase of Tbilisi Waterfront, its flagship mixed-use development on the banks of the Mtkvari, achieved a complete sell-out on the day of its launch – May 7th.
The second launch introduced apartments positioned adjacent to the project's Bristol branded luxury hotel. The location places residents within the heart of the development's lifestyle precinct, which will feature curated luxury retail, cafés, a sports complex, a spa, and a broad range of additional amenities.
The current success builds on the momentum established by the project's inaugural sales launch in January 2026, which placed around 300 residential units - a mix of apartments, townhouses, and riverside villas, and also achieved a same-day sell-out. Eagle Hills Georgia will shortly bring its next sales launch to market, featuring townhouses and villas.
Tbilisi Waterfront represents a total investment of approximately USD 3+ billion and stands among the largest investment commitments in Georgia's history. The project is expected to make a meaningful contribution to national GDP through construction activity, long-term operations across hospitality, retail and property management, and broader indirect and induced economic effects.
The success of the current phase further reinforces Eagle Hills' deepening presence in Georgia. Alongside Tbilisi Waterfront, Eagle Hills is advancing Gonio Yachts & Marina, a 250-hectare waterfront development near Batumi anchored by a world-class marina district and incorporating branded residences, luxury hotels, retail, and extensive green open spaces.
Its official launch is planned in the coming months. Together, the two developments represent combined investments exceeding USD 6+ billion, underscoring Eagle Hills' long-term commitment to delivering institutional-quality waterfront destinations across Georgia.
