On this page
- m2 Real Estate Georgia: who the developer is and what it builds
- m2 Real Estate Georgia at a glance
- Company, ownership and group behind m2 Real Estate Georgia
- Projects of m2 Real Estate Georgia we list
- Portfolio and track record of m2 Real Estate Georgia
- The towns and districts where m2 Real Estate Georgia builds
- How buying works with m2 Real Estate Georgia
- Ownership route, registration, tax and residence rules for m2 Real Estate Georgia buyers
- Key facts about m2 Real Estate Georgia
- m2 Real Estate Georgia and other Georgia developers
- What to prepare when reserving with m2 Real Estate Georgia
- Frequently Asked Questions
Projects by m2 Real Estate on UInvest
m2 at Mtatsminda Park Tbilisi: Prices and Units Guide (2026)
Okrokana (Mtatsminda district), Tbilisi, Georgia Details
m2 Highlight Tbilisi: Two-Tower Price Ladder Guide (2026)
Saburtalo, Tbilisi, Georgia Details
m2 at Mirtskhulava Tbilisi: 12 Flats Left, Prices Guide (2026)
Didube, Tbilisi, Georgia Detailsm2 Real Estate Georgia: who the developer is and what it builds
m2 Real Estate Georgia is the name we use for JSC m2 Real Estate, a residential developer based in Tbilisi that markets its projects under the brand m², written with a superscript two on its own website and spelled “m2” in plain text. According to its bond prospectus, the company was founded in September 2006, and the developer’s website describes the business as creating “a new, modern standard of comfortable life in Georgia” for 19 years. Its project pages and apartment grids cover large residential complexes in Tbilisi, with a completed portfolio of 13 residential projects on its “Completed projects” page and three current projects with flats for sale. Because “m2” is also the abbreviation for square metres, this profile writes the company name in full, m2 Real Estate, every time and writes areas as square metres in the text; the tables use the symbol m².
This profile covers the three current projects of m2 Real Estate Georgia that we list: m2 at Mirtskhulava in the Didube district, m2 Highlight on Marshal Gelovani Avenue in Saburtalo, and m2 at Mtatsminda Park in Okrokana, in the Mtatsminda district. On the developer’s “Current projects” page, read on 13 November 2026, the three projects together show 2,791 homes, of which 2,638 are marked as sold. The developer prints all prices in US dollars, and so do we, exactly as printed. The text then sets out the company and its group, a table of the projects, the developer’s completed portfolio with dates from its own news archive, the way a purchase from a developer is handled in Georgia, the ownership route and the residence-permit conditions our guides set out, key facts, how the company sits beside other Tbilisi developers we profile, a preparation list for reservation day and a set of frequently asked questions. For the city itself, see our Tbilisi city page and the Real estate developers in Georgia hub.
m2 Real Estate Georgia at a glance
| Item | Detail |
|---|---|
| Company | JSC m2 Real Estate, brand m² (also “m2 Development” and “m² Group” in the developer’s news archive) |
| Founded (per the developer and its prospectus) | September 2006, according to the bond prospectus; the About page speaks of 19 years in the market |
| Issuer identification code | 204517399, as printed in the bond prospectus |
| Head office | m² Gallery, 118 A. Tsereteli Avenue, Pavilion 7, Tbilisi (head office and sales office per the website footer) |
| Georgia projects we list | 3, all in Tbilisi: m2 at Mirtskhulava, m2 Highlight and m2 at Mtatsminda Park |
| Homes in the three current projects (per the developer) | 2,791 in total (2,179 + 422 + 190); 2,638 marked as sold and 153 as for sale on 13 November 2026 |
| Completed projects (per the developer) | 13 residential projects on the “Completed projects” page, with completion years from 2012 |
| Unit types on sale | One-, two-, three- and four-bedroom flats, duplexes and flats with private yards or terraces |
| Prices | Published in USD; flats on sale run from USD 164,736 to USD 613,599 across the three projects |
| Finish | White frame, as printed on each project page |
| Website | m2.ge |
The figures in this table come from the developer’s own pages and apartment grids, read on 13 November 2026. Prices are asking prices printed in the grids and can change, so the current grid on each project page is the reference for any single flat.
Company, ownership and group behind m2 Real Estate Georgia
The legal entity behind the brand is JSC m2 Real Estate, which appears as the issuer in the bond prospectus for its USD 35 million issue, dated 2019, under identification code 204517399. The prospectus states that the company was founded in September 2006 and began by acquiring commercial real estate. A pilot residential project on Chubinashvili Street began in 2010, and the company’s milestones list shows the Chubinashvili project completed in 2012. As of 30 June 2019 the prospectus counts ten completed residential projects with 2,855 apartments, and two projects under construction at that time. The developer’s English-language pages use several names for the business: m², m² Real Estate, “m² Development” and “m² Group”, and the activities of the group have been reported under all of them. In this profile we use m2 Real Estate for the company and the project names as the developer prints them.
The About page of m2.ge presents the developer’s approach under four headings: innovation, freedom, focus on care and focus on development. Under “focus on care” it lists a complex manager, cleaning of entrances and maintenance of green areas as services offered in its projects, and it describes the m² Home mobile application, with which residents pay instalments, service fees and utility bills, receive news and follow the deadlines of their requests. The page also states that the developer uses energy-efficient materials as far as possible. All of these are the developer’s own descriptions and are given here as such. The About page also carries a partners section headed “international and local partners in finance and development”, and the financing facts below are the ones we checked on the pages of the institutions themselves.
Financing from development institutions is part of the public record. The International Finance Corporation (IFC) lists an investment in m2 Real Estate on its disclosure page, and the developer’s finished-project pages for Nutsubidze, Tamarashvili and Kazbegi describe a USD 14 million revolving loan from IFC, with USD 4 million from the Government of Canada for energy-efficient construction. The Asian Development Bank (ADB) announced on 19 October 2021 a USD 10 million loan to Optima LLC, described there as a subsidiary of m2 Group, for two residential complexes with more than 3,700 apartments. The developer’s news archive records bond issues, the most recent on 11 August 2024: public bonds of USD 25 million placed with the support of Galt & Taggart and TBC Capital, which the developer describes as its eighth issue since 2014, with USD 185 million raised in total.
The sales office and head office are both at m² Gallery, 118 A. Tsereteli Avenue, Pavilion 7, in Tbilisi; the website footer gives opening hours of Monday to Thursday 10:00 to 19:00, Friday 10:00 to 17:00 and, for the sales office, Saturday 11:00 to 15:00. The developer’s news archive also reports public events for residents, such as the monthly “Dare” talks organised with LIB.GE for the people who live in m2 Real Estate Georgia projects, and the opening of the Central Park in the m³ Saburtalo district on 19 October 2025. The developer lists a participation in the Real Estate Expo 2026 at ExpoGeorgia on 16 and 17 October 2026 in its news section as well.
Projects of m2 Real Estate Georgia we list
All three projects of m2 Real Estate Georgia on our site are in Tbilisi, and all three are sold as white-frame flats with the same stated payment framework: a single payment, a mortgage, or in-house financing from the developer. In the developer’s wording, in-house financing carries an annual interest rate of 0 percent, a minimum down payment of 10 percent, a term until the end of the building and the purchased apartment as collateral; mortgage terms differ according to each bank’s current conditions; and an all-cash payment is priced at a discount. The table after the project descriptions puts the three side by side. Our own Tbilisi city page gives the district and market background.
m2 at Mirtskhulava: ten buildings in Didube
The m² at Mirtskhulava project page places the complex at 9/11 A. Mirtskhulava Street in the Didube district of Tbilisi, on a plot of 25,365 square metres with ten residential buildings. The developer’s list of on-site facilities includes a landscaped courtyard of 4,500 square metres, green park areas, sports courts and children’s playgrounds, enclosed parking for 340 vehicles and open parking for 183, and a backup generator that supplies safety systems, drinking-water pumps, elevators, parking areas, common halls and evacuation lighting. The page describes the location as a 10-minute walk from Didube metro station. According to the developer, Buildings I to VIII are completed and Buildings IX and X are due in 2026. The developer’s news archive records that works on Mirtskhulava Street began on 11 March 2020, after a memorandum of cooperation signed with Tbilisi Municipality on 11 September 2019 under which m2 Real Estate took on construction at three Tbilisi sites.
On 13 November 2026 the page shows 2,179 flats in total, 2,167 of them sold and 12 for sale. The flats grid lists the twelve: all are three-bedroom flats of 126.7 to 139.1 square metres of total area, with balconies and terraces counted in the area, located in Blocks 9 and 10. Ten show asking prices from USD 164,736 to USD 169,219, and two are marked “Reserved”. As an example of price per square metre, the lowest-priced flat in the grid, number 337 on floor 23 of Block 9, is printed at USD 164,736 for 130.0 square metres, which gives USD 1,267 per square metre (price divided by area). The finish line reads white frame. The payment framework is the one described above, and the project page does not set a percentage for the all-cash discount, so the amount for a given flat comes from the sales office.
m2 Highlight: two glass towers on Marshal Gelovani Avenue
The m² Highlight project page gives the address as 23 Marshal Gelovani Avenue, near the developer’s m³ Saburtalo district, and describes two glass towers of 36 and 26 floors. The developer says the complex will have open terraces, shared coworking spaces, office and commercial areas, underground parking and professional on-site management, and that it follows inclusive-accessibility, energy-efficiency, advanced-safety and gender-responsive design principles. The construction timeline printed on the page is “Buildings XI-XII: 2027”. The developer’s news archive dates the start of sales for m² Highlight to 28 December 2022.
The page shows 422 flats in total, 353 sold and 69 for sale. The flats grid lists two-bedroom flats only: most are 116.35 to 117.54 square metres, and a few are 140.8 to 141.62 square metres. For flats without a reservation mark the printed asking prices run from USD 193,141 to USD 256,332. The lowest price in the grid, USD 193,141 for 116.35 square metres, works out at USD 1,660 per square metre (price divided by area); the grid prices vary by floor, and the highest unreserved flat, USD 256,332 for 141.62 square metres, gives USD 1,810 per square metre. The finish line is white frame with a plus sign, and the specification tab of the project page sets out the details. The developer’s offers page has carried dated instalment plans for this project in the past, and the plan that applies to a given flat is the one in its reservation form and sale contract.
m2 at Mtatsminda Park: six five-storey buildings in Okrokana
The m² at Mtatsminda Park project page places the development at 20 Innovation Street in Okrokana, next to Mtatsminda Park, and describes six five-storey buildings with a total area of 20,000 square metres, 190 apartments and 212 underground parking places. The unit mix is varied: the developer lists layouts with private yards, terraces and duplexes. The page gives the journey from the complex to Freedom Square as 13 minutes by car, says residents will be served by an electric vehicle for access to the funicular cable car, and lists a courtyard, a landscaped recreation area and a gym within the complex. The service list names a complex manager, security, cleaning and maintenance of the green area, and the engineering list names fresh-water reservoirs and a power generator for safety systems, pumps, elevators and lighting. The construction deadline printed for Buildings I to VI is 2026.
On 13 November 2026 the page shows 190 apartments, 118 sold and 72 for sale. The grid lists the 72; 63 carry no reservation mark. Among those 63: 17 one-bedroom flats of 64.6 to 91.2 square metres at USD 177,870 to USD 197,500; 25 two-bedroom flats of 105.2 to 182.7 square metres at USD 268,260 to USD 389,969; 20 three-bedroom flats of 125.7 to 352.2 square metres at USD 282,825 to USD 613,599; and one four-bedroom flat of 294.9 square metres at USD 580,496. The printed areas include balconies, terraces and gardens, as the floor plans show. The lowest-priced flat, USD 177,870 for 66 square metres, is USD 2,695 per square metre (price divided by area), and the highest, USD 613,599 for 352.2 square metres, is USD 1,742 per square metre. The finish line is white frame with a plus sign.
The three projects side by side
| Project | Location | Unit types on sale | Sizes (m²) | Price from, as printed | Delivery target per the developer | Homes: total / sold / for sale | Finish |
|---|---|---|---|---|---|---|---|
| m2 at Mirtskhulava | 9/11 A. Mirtskhulava St, Didube, Tbilisi | 3-bedroom flats | 126.7 to 139.1 | USD 164,736 | Buildings I-VIII completed; IX and X in 2026 | 2,179 / 2,167 / 12 | White frame |
| m2 Highlight | 23 Marshal Gelovani Ave, Saburtalo, Tbilisi | 2-bedroom flats | 116.35 to 141.62 | USD 193,141 | Buildings XI-XII in 2027 | 422 / 353 / 69 | White frame plus |
| m2 at Mtatsminda Park | 20 Innovation St, Okrokana, Mtatsminda, Tbilisi | 1- to 4-bedroom flats, duplexes, flats with yards | 64.6 to 352.3 | USD 177,870 | Buildings I-VI in 2026 | 190 / 118 / 72 | White frame plus |
The grid of each project lists flats individually, with the block, floor, flat number, area and price. A flat marked “Reserved” carries no price in the grid. The delivery targets above are the developer’s, and the sale contract for a given flat states the delivery date that applies to it.
Portfolio and track record of m2 Real Estate Georgia
The “Completed projects” page of m2.ge lists 13 finished residential projects in Tbilisi, from the Chubinashvili building completed in 2012 to the recent Nutsubidze 2 and Chkondideli complexes. Alongside them, the current-projects page and the developer’s news archive mention the m³ Saburtalo district on Marshal Gelovani Avenue, which the About page presents as a district in which a home comes with services and public spaces. The table summarises the completed projects as the developer describes them on its own pages. Apartment counts are the developer’s figures; where the developer’s pages and its 2019 prospectus count the same building differently, the table shows the developer’s website figure.
| Project | Address | Detail per m2.ge |
|---|---|---|
| m² at Chubinashvili | 68 G. Chubinashvili St | Completed September 2012; 123 apartments; the smallest flat is 44 m² |
| m² Hippodrome | 8 G. Kartozia St | Nine buildings; flats of 47 to 172 m² |
| m² at Nutsubidze | 82 Sh. Nutsubidze St | Four entrances and 221 apartments; commissioned 30 December 2015 |
| m² at Kazbegi | 25 Al. Kazbegi Ave | Settling of residents began in April 2016 |
| m² at Tamarashvili | 20 M. Tamarashvili St | Two buildings with 270 flats; completed June 2016 |
| Optima Isani | 14a Moscow Ave | Two buildings on a 5,237 m² plot; completed July 2016 |
| Skyline Residence | 3 M. Makashvili Dead End | Three entrances and 19 apartments, in Sololaki |
| m² at Chavchavadze | 50 I. Chavchavadze Ave | Ten-storey house for 82 families; flats of 102 to 206 m² handed over in September 2018 |
| m² at Hippodrome 2 | 10 G. Kartozia St | 801 apartments; phased handover began 23 August 2018 and the official opening was on 4 October 2018 |
| m² at Kazbegi 2 | 15 Al. Kazbegi Ave | Three residential blocks and a separate 10-storey hotel, near the Medical University metro station |
| m² at Melikishvili | 10 P. Melikishvili St | Restoration of a 1930 building as a 12-storey complex with a 125-room hotel and 16 apartments |
| m² at Chkondideli | 36 G. Chkondideli St | 31,011 m² plot, 12 buildings, Gotsiridze metro station two minutes on foot; landscaping and commissioning completed in 2023 |
| m² at Nutsubidze 2 | 125a Sh. Nutsubidze St | 12,523 m² plot, three buildings; Buildings II and III completed, Building I due in 2026 |
The chronology on the developer’s own news archive adds dated milestones. The Chubinashvili building was completed in September 2012, with partial handover of flats from 17 August 2012. In June 2014 the developer announced the commissioning of the Hippodrome complex. The Nutsubidze complex was commissioned on 30 December 2015 by decision of the Tbilisi City Hall Supervision Service. The m² Gallery opened on 3 June 2015, and the developer opened the Ramada Encore Tbilisi hotel, a 152-room hotel at 15 Al. Kazbegi Avenue, on 26 February 2018. In 2019 the developer signed the memorandum with Tbilisi Municipality described above. On 1 November 2021 it announced sales in a new block of m³ Saburtalo, and on 28 December 2022 it announced the start of sales for m² Highlight. The Central Park in m³ Saburtalo opened on 19 October 2025, and the developer announced its new stage of development on 8 June 2026.
The developer’s news section also records recognitions in its own words. It reports that in 2015 it won the category “Developer Company of the Year” at the Faces & Names awards, and that in 2022 The Asset magazine gave its Triple A Award to the USD 10 million ADB financing of two m2 Real Estate housing projects. These statements come from the developer’s news pages and are cited as such. Those pages also describe the developer’s 2015 to 2016 work on energy-efficient buildings, with a stated energy efficiency of up to 23 percent for Nutsubidze, Tamarashvili and Kazbegi.
The towns and districts where m2 Real Estate Georgia builds
Every project of m2 Real Estate Georgia that we list is in Tbilisi, so the city is the context for all three. Our Tbilisi city page gives the city’s size and population, with Geostat counting 1,369.4 thousand residents on 1 January 2026, the ten districts used in official price releases, the metro, the airport links and the price indices, together with the projects we list there. Of the three m2 Real Estate projects, m2 at Mirtskhulava is in Didube, which the developer places a 10-minute walk from Didube metro station, and m2 Highlight is on Marshal Gelovani Avenue, where the developer says its m³ Saburtalo district lies next door. m2 at Mtatsminda Park is in Okrokana, in the Mtatsminda district, and the developer gives a 13-minute drive to Freedom Square.
For a wider view of the country, the Georgia country page collects the purchase rules and the other cities where we list developers. The completed portfolio on the developer’s own pages is a Tbilisi one as well, which is why this profile stays with the capital.
How buying works with m2 Real Estate Georgia
A purchase from m2 Real Estate Georgia follows the usual sequence for a new apartment in Georgia. Our step-by-step buying guide, checked on 27 October 2026, sets out the order, and the version below applies it to a developer sale with the terms printed on m2.ge.
- Choose a flat in the project grid. Each project page lists flats with block, floor, area and asking price, and marks reserved flats. The grid prices are asking prices in US dollars and can change.
- Check the registry extract. The guide recommends an extract from the National Agency of Public Registry (NAPR) showing the registered owner and any registered mortgage or restriction. NAPR’s fee page lists an extract at GEL 20 in one working day or GEL 75 on the day of filing, and GEL 13 or GEL 52 if requested electronically; the guide adds GEL 26 for an English-language extract.
- Reserve the flat and sign the pre-purchase or sale contract. For a building still under construction, the developer’s sales office prepares a written agreement that fixes the flat, the price, the payment schedule and the delivery date. NAPR publishes sample purchase agreements, including instalment versions, and the guide explains that a sale contract is authenticated by a notary or signed before an authorised person at the registration authority.
- Pay according to the schedule. The developer offers a single payment, a mortgage or in-house financing at 0 percent annual interest with a minimum down payment of 10 percent until the end of the building, with the purchased flat as collateral. The guide notes that Georgian law requires domestic payments to be settled in lari at the National Bank of Georgia rate of the payment day, and the contract states how a US dollar price is handled.
- Register ownership. Under Article 183 of the Civil Code the buyer becomes the owner when the right is registered in the Public Registry. NAPR’s fee page lists registration at GEL 150 in 4 working days, GEL 270 in 1 working day and GEL 350 on the day of filing. The registry then issues an extract showing the flat, its owner and its cadastral code.
- Take handover. The delivery targets on the project pages are the developer’s. The handover record, the keys and the building documents are exchanged as the contract states, and the white-frame specification of the flat is the reference for what is included.
Our mortgage guide covers the bank route: as of 27 October 2026 the National Bank of Georgia caps the loan-to-value ratio at 90 percent for lari loans and 70 percent for foreign-currency loans, with a decision of February 2025 setting 80 percent for mortgage loans to borrowers whose income is earned outside Georgia, and its payment-to-income and loan-to-value page is the official reference. The developer’s project pages say that mortgage conditions differ according to each bank’s current terms. For off-plan units, the guide also describes the pre-purchase agreement, which sets out the construction stages, the payment schedule and the conditions for moving to the final contract, and the possibility of pre-registering the right with the Public Registry on the basis of a signed agreement.
Ownership route, registration, tax and residence rules for m2 Real Estate Georgia buyers
A foreign buyer of an apartment from m2 Real Estate Georgia needs no permit to own. Our guide on whether foreigners can buy property in Georgia explains that Article 32 of the Law on the Legal Status of Aliens and Stateless Persons lets foreigners own any property, with agricultural land as the main restricted category. The flats in the three m2 Real Estate projects are apartments in residential buildings and are not agricultural land. The ownership is registered in the buyer’s name at NAPR, and the extract shows the cadastral code.
Property tax is covered in our property tax guide. Since 30 September 2026, under Law No. 1874, a natural person’s property other than land is exempt if the family’s income in the previous year did not exceed GEL 100,000, and above that the Tax Code sets the tax at 0.8 to 1 percent of the market value at the end of the preceding year. The Revenue Service’s property tax page is the official starting point, and the guide gives the return date of 1 November and the payment date of 15 November.
The residence-permit rules are a separate matter from ownership. The Public Service Development Agency (SDA) publishes that a short-term residence permit is available to an alien who holds title to immovable property other than agricultural land with a market value exceeding USD 150,000 equivalent in GEL, and the market value is determined by a certified assessor of an accredited body. Our residence permit guide states the same: the qualifying value is USD 150,000 from 1 March 2026, the basis is an accredited appraisal and not the contract price, the permit is temporary and renewable annually, and combined holdings may be counted. A purchase from m2 Real Estate Georgia does not itself grant a permit; the permit is a separate application to the SDA, assessed on its own conditions.
| Topic | Rule as our guides state it | Source |
|---|---|---|
| Foreign ownership of apartments | Allowed; agricultural land is the restricted category | Law on the Legal Status of Aliens, Art. 32; Organic Law on Agricultural Land Ownership |
| Registration fee at NAPR | GEL 150 (4 working days), GEL 270 (1 working day), GEL 350 (same day) | NAPR fee page |
| Annual property tax | Exempt if family income in the previous year did not exceed GEL 100,000; otherwise 0.8 to 1 percent of market value | Tax Code arts. 202(5) and 206(1)(a), Law No. 1874 of 30 September 2026 |
| Residence permit by property | Market value above USD 150,000 equivalent in GEL, set by an accredited assessor; separate application | SDA; Law on the Legal Status of Aliens, Art. 15(j) |
The printed prices of the m2 Real Estate flats, from USD 164,736, are asking prices in the developer’s grid. The residence threshold applies to the market value set by the assessor, so the contract price and the assessed value are two different documents.
Key facts about m2 Real Estate Georgia
- JSC m2 Real Estate is a Tbilisi residential developer; the bond prospectus states its founding in September 2006 and gives identification code 204517399.
- The head office and sales office are at m² Gallery, 118 A. Tsereteli Avenue, Pavilion 7, Tbilisi.
- The developer’s “Completed projects” page lists 13 residential projects, with completion years from 2012.
- As of 30 June 2019 the prospectus counted ten completed residential projects with 2,855 apartments.
- Three current projects are listed on our site: m2 at Mirtskhulava, m2 Highlight and m2 at Mtatsminda Park, with 2,791 homes between them according to the developer.
- Prices are printed in US dollars; the lowest asking price across the three grids is USD 164,736, and the highest is USD 613,599.
- All flats are sold as white frame, as printed on the project pages.
- The stated payment framework is a single payment, a mortgage or in-house financing at 0 percent annual interest, with a minimum down payment of 10 percent and a term until the end of the building.
- Delivery targets per the developer: Buildings IX and X of m2 at Mirtskhulava and Buildings I to VI of m2 at Mtatsminda Park in 2026, and Buildings XI and XII of m2 Highlight in 2027.
- IFC and ADB have both announced financing connected with the developer’s housing projects.
m2 Real Estate Georgia and other Georgia developers
m2 Real Estate Georgia is one of several Tbilisi developers we profile. The table sets out where each builds and how many projects we list, as plain figures from our developer hub. The hub lists all of them.
| Developer | Based in | Projects we list | Towns of the listed projects | Profile |
|---|---|---|---|---|
| m2 Real Estate | Tbilisi | 3 | Tbilisi | This page |
| Archi Group | Tbilisi | 19 | Tbilisi, Batumi, Rustavi, Sioni, Bakuriani | Archi Group profile |
| X2 Development | Tbilisi | 10 | Tbilisi, Bakuriani | X2 Development profile |
| W2 (Tetri Kvadrati) | Tbilisi | 10 | Tbilisi, Kutaisi | W2 profile |
| BLOX | Tbilisi | 11 | Tbilisi | BLOX profile |
| Monolith Group | Tbilisi | 6 | Tbilisi | Monolith Group profile |
| Domus Group | Tbilisi | 5 | Tbilisi | Domus Group profile |
The developers in this table work in the same city, and each profile uses the same structure, so a reader can compare unit types, sizes, printed prices and delivery targets project by project.
What to prepare when reserving with m2 Real Estate Georgia
Reservation day with m2 Real Estate Georgia follows the usual routine of a developer sale in Tbilisi. A buyer normally brings or prepares the following:
- a valid passport, and a power of attorney certified in Georgia if a representative signs;
- the reservation form for the chosen flat, stating block, floor, flat number, area and price;
- the draft sale or pre-purchase contract, read with the delivery date and the payment schedule written in;
- the payment plan chosen (single payment, mortgage or in-house financing) and the bank details used for transfers;
- the NAPR extract for the flat or the plot and, once registered, the cadastral code;
- the specification of the white-frame finish for the flat;
- the tax details of the buyer, where a return is needed, and the details of any bank loan application.
The sales office of the developer at m² Gallery handles the reservation; its address and hours are on the contact page of m2.ge.
Frequently Asked Questions
What does m2 Real Estate Georgia build?
m2 Real Estate Georgia builds residential complexes in Tbilisi. Its “Completed projects” page lists 13 finished projects, and its “Current projects” page shows three complexes with flats for sale: m2 at Mirtskhulava, m2 Highlight and m2 at Mtatsminda Park.
Where are the projects of m2 Real Estate Georgia?
The three current projects are in Tbilisi: m2 at Mirtskhulava in the Didube district, m2 Highlight on Marshal Gelovani Avenue in Saburtalo, and m2 at Mtatsminda Park in Okrokana. The developer’s head office and sales office are at 118 A. Tsereteli Avenue.
What do flats from m2 Real Estate Georgia cost?
The asking prices on the developer’s grids, read on 13 November 2026, run from USD 164,736 at m2 at Mirtskhulava to USD 613,599 at m2 at Mtatsminda Park. m2 Highlight starts at USD 193,141. The developer prints all prices in US dollars, and the grid on each project page is the current reference.
What payment plan does m2 Real Estate Georgia state?
m2 Real Estate Georgia states three ways to buy: a single payment, a mortgage, or in-house financing. The in-house terms printed on the project pages are 0 percent annual interest, a minimum down payment of 10 percent, a term until the end of the building and the purchased flat as collateral.
What finish do flats from m2 Real Estate Georgia have?
The project pages print white frame for all three projects, with a plus sign on m2 Highlight and m2 at Mtatsminda Park. The specification tab of each page and the sale contract state exactly what the finish includes.
Can a foreigner buy a flat from m2 Real Estate Georgia?
Yes. Under Article 32 of the Law on the Legal Status of Aliens, foreigners may own property in Georgia, and the main restriction concerns agricultural land. Apartments in residential buildings, such as those of m2 Real Estate Georgia, are not agricultural land, and ownership is registered at NAPR.
How is ownership registered after buying from m2 Real Estate Georgia?
The buyer applies to NAPR to register the right. The fee is GEL 150 in 4 working days, GEL 270 in 1 working day or GEL 350 on the day of filing, and the registry then issues an extract with the cadastral code showing the buyer as owner.
Which tax applies to a flat bought from m2 Real Estate Georgia?
The Tax Code lists annual property tax for owners. Since 30 September 2026 a natural person’s property other than land is exempt if the family’s income in the previous year did not exceed GEL 100,000, and above that the tax is 0.8 to 1 percent of market value. Our property tax guide has the dates and examples.
Does a purchase from m2 Real Estate Georgia lead to a residence permit?
A purchase does not itself grant a permit. The SDA issues a short-term residence permit on a separate application to an alien who holds property other than agricultural land with a market value exceeding USD 150,000 equivalent in GEL, as determined by a certified assessor. Our residence permit guide sets out the conditions.
Last checked: 13 November 2026. Sources: m2.ge About; m2.ge current projects; m2.ge completed projects; m2.ge news; m2.ge offers; bond prospectus; IFC disclosure; ADB; NAPR fees; SDA; Tax Code; Revenue Service.
