Real Estate Developers in Georgia: Profiles, Projects and Portfolios

Developer directory · Georgia

Real Estate Developers in Georgia: Profiles, Projects and Portfolios

Compare fifteen real estate developers in Georgia side by side: where each has its office, which cities and resorts it builds in, which projects are completed or ongoing, how payment plans are printed and how a purchase works.

15Developers profiled
101Distinct Georgia listings
4Languages: EN, RU, PL, FA
13 Nov 2026Last checked

Area
Delivery

Developers shown: 15

  • Across Georgia

    Archi Group

    Tbilisi, GeorgiaEst. 2006

    Tbilisi-based developer with 19 listed projects in Tbilisi, Batumi, Rustavi, Sioni and Bakuriani.

    Partly completed
    Projects listed: 19View profile
  • Across Georgia

    NEXT Property

    Batumi, GeorgiaEst. 2018

    Apartments in Batumi, Gonio, Kvariati, Kobuleti and Tbilisi, with 0% instalment plans per the developer.

    Off-plan projects
    Projects listed: 12View profile
  • Batumi and the Adjara coast

    Orbi Group

    Batumi, Georgia

    Hotel-managed apartment complexes in Batumi and Central Park Towers in Tbilisi.

    Partly completed
    Projects listed: 6View profile
  • Tbilisi

    X2 Development

    Tbilisi, GeorgiaEst. 2014

    Tbilisi developer with six completed and four current projects in Tbilisi and Bakuriani.

    Partly completed
    Projects listed: 10View profile
  • Tbilisi

    BLOX

    Tbilisi, GeorgiaEst. 2016

    Eleven residential projects in Tbilisi, from completed buildings to phased complexes on Agmashenebeli Avenue and Sheshelidze Street.

    Partly completed
    Projects listed: 11View profile
  • Tbilisi

    W2 (Tetri Kvadrati / White Square)

    Tbilisi, GeorgiaEst. 2021

    BK Holding member building apartment blocks in Tbilisi and Kutaisi, priced in USD per square metre.

    Partly completed
    Projects listed: 10View profile
  • Tbilisi

    Monolith Group

    Tbilisi, GeorgiaEst. 2013

    Residential buildings in Saburtalo, Vake, Ortachala and Varketili, completed 2015 to 2021.

    Completed projects in Georgia
    Projects listed: 6View profile
  • Tbilisi

    Domus Group

    Tbilisi, GeorgiaEst. 2006

    Tbilisi residential developer with five current projects and 13 completed buildings per its website.

    Off-plan projects
    Projects listed: 5View profile
  • Batumi and the Adjara coast

    Gumbati Group

    Batumi, GeorgiaEst. 1998

    Batumi-based developer with five current apartment and apart-hotel projects in Batumi and Gonio.

    Off-plan projects
    Projects listed: 5View profile
  • Tbilisi

    m2 Real Estate

    Tbilisi, GeorgiaEst. 2006

    Residential complexes in Didube, Saburtalo and Okrokana, sold as white-frame flats with in-house instalments.

    Partly completed
    Projects listed: 3View profile
  • Batumi and the Adjara coast

    Mardi Holding

    Batumi, GeorgiaEst. 1991

    Batumi-based group with Accor-branded and apartment projects in Batumi, and buildings in Tbilisi and Bakuriani.

    Partly completed
    Projects listed: 5View profile
  • Batumi and the Adjara coast

    Horizon Batumi (Horizons Group)

    Batumi, GeorgiaEst. 2013

    Hotel and residential complexes in Batumi's New Boulevard area, with a management company.

    Partly completed
    Projects listed: 3View profile
  • Batumi and the Adjara coast

    European Village

    Batumi, Georgia

    Batumi developer of the Wyndham Grand Batumi Gonio complex: hotel suites, townhouses and villas in Gonio.

    Off-plan projects
    Projects listed: 4View profile
  • Tbilisi

    Mira Developments

    Tbilisi, GeorgiaEst. 2023

    Dubai-based developer with one Georgian project, Mira Verde in Tbilisi Hills, handover Q3 2029 per the developer.

    Off-plan projects
    Projects listed: 1View profile
  • Batumi and the Adjara coast

    Silk Development

    Tbilisi, GeorgiaEst. 2005

    Tbilisi-based member of Silk Road Group building Silk Towers on the Old Batumi waterfront.

    Off-plan projects
    Projects listed: 1View profile
On this page
  1. A directory of real estate developers in Georgia: what it is and how to use it
  2. The map of real estate developers in Georgia at a glance
  3. Where the real estate developers in Georgia build, area by area
  4. Completed and ongoing projects across the real estate developers in Georgia
  5. How to read claims made by real estate developers in Georgia
  6. Payment plans printed by real estate developers in Georgia
  7. Buying from real estate developers in Georgia: the rules in one place
  8. Residence-permit conditions in the profiles of real estate developers in Georgia
  9. How we research and verify the real estate developers in Georgia
  10. Other real estate developers in Georgia
  11. Frequently Asked Questions

A directory of real estate developers in Georgia: what it is and how to use it

This page is the overview layer of our directory of real estate developers in Georgia. Above it sit fifteen developer cards, and each card opens a long, sourced profile of one company: Archi Group, NEXT Property, Orbi Group, X2 Development, BLOX, W2 Tetri Kvadrati, Monolith Group, Domus Group, Gumbati Group, m2 Real Estate, Mardi Holding, Horizons Group, European Village, Mira Developments and Silk Development. A profile sets out who stands behind the company according to its own website, which projects it shows as completed and which as ongoing, which of its projects we list, and how a purchase from it fits the Georgian buying sequence. The text you are reading does a different job. It lines the fifteen up side by side, explains where each one builds, compares the payment plans they print, and gives a way to read the claims that appear in brochures, project pages and listing pages.

Together the fifteen profiles are linked to 101 distinct listing pages on our site. They cover studios, apartments, penthouses, townhouses, villas, aparthotel units, offices and retail space, and they stand in Tbilisi, in Batumi, at Gonio and Kvariati, in Kobuleti, in Rustavi, at Sioni, in Kutaisi and in Bakuriani. That spread makes a side-by-side look at real estate developers in Georgia useful, because a buyer who starts from a city or a resort often meets several developers there. For the wider picture of the country read our Georgia country page; for the legal sequence of a purchase read the guide on how to buy property in Georgia and the guide on whether foreigners can buy property in Georgia. This hub does not repeat those guides. It adds the directory, the comparison and a description of how the profiles are prepared.

Three conventions apply throughout. Every statement that comes from a company is attributed to it (“according to the developer” or “per the developer”). Prices are shown in the currency the developer or the source prints, which is US dollars for the majority of the fifteen, lari for X2 Development and for the lari band of Domus Group, and euros per square metre for European Village, and nothing is converted. Each profile ends with the date it was last checked, and the profiles and this hub were checked on 13 November 2026.

A sensible way to use the directory:

  1. Start with the comparison table in the next section to see where each developer has its office, which towns it builds in and what stage its listed projects are at.
  2. Read the area-by-area section to see which developers share a district or a resort and what each one offers there.
  3. Use the completed and ongoing section to see which projects carry a delivery target or a progress figure printed by the developer.
  4. Read the table of claims before you rely on a figure or a label on a project page.
  5. Open the profile of any developer that interests you, read its reservation checklist, and compare its payment plan with the table in the payment section below.

The map of real estate developers in Georgia at a glance

Developer Head office as stated Main towns Projects we list Completed or ongoing Link to profile
Archi Group Tbilisi: office and gallery at 1 Melikishvili Avenue (Philharmonic building), per archi.ge; founded 2006, according to the developer Tbilisi, Batumi, Rustavi, Sioni, Bakuriani 19 Both: the About page counters read 55 completed and 31 ongoing projects; of the 19 we list, Archi Dialog Kokhta is shown at 100% and the others carry progress per block Archi Group Georgia profile
NEXT Property Batumi, where the company history starts in 2018 per the developer; offices also in Tbilisi, Dubai, Warsaw and Kenya Batumi, Gonio, Kvariati, Kobuleti, Tbilisi 12 Both: NEXT Downtown is in the developer’s completed list; targets for the others run from December 2026 to December 2031 NEXT Property Georgia profile
Orbi Group Tbilisi and Batumi among the offices listed on orbi.ge; 28+ years of operations, according to the developer Batumi, Tbilisi 6 Both: Orbi City Mall opened in 2026 per the developer; the developer’s projects page names 20 projects Orbi Group Georgia profile
X2 Development Zhiuli Shartava Street 29, Tbilisi, per the Contact page; founded 2014, according to the developer Tbilisi, Bakuriani 10 Both: 4 current and 6 completed X2 Development Georgia profile
BLOX 19 Agmashenebeli Alley (Dream Tower), Tbilisi; operating since 2016, according to the developer Tbilisi 11 Both: 7 cards at 100% and 4 at a lower completion figure BLOX Georgia profile
W2 Tetri Kvadrati Vazha-Pshavela Avenue N70, Tbilisi, per the contact page; part of BK Holding, according to the developer Tbilisi, Kutaisi 10 Both: homepage counters read 11 ongoing and 6 completed projects W2 Tetri Kvadrati Georgia profile
Monolith Group 71 Vazha-Pshavela Avenue, Tbilisi; history begins in 2013, according to the developer Tbilisi 6 Completed: all six listed buildings date from 2015 to 2021; the developer shows nine completed and four ongoing projects Monolith Group Georgia profile
Domus Group Tbilisi, 3 Kavsadze Street per the website footer; founded 15 September 2006, according to the developer Tbilisi 5 Both: 5 current projects and 13 completed projects on domusi.com Domus Group Georgia profile
Gumbati Group Batumi; established in 1998, according to the About page Batumi, Gonio 5 Both: 5 current and 10 completed entries on gumbati.ge Gumbati Group Georgia profile
m2 Real Estate m² Gallery, 118 A. Tsereteli Avenue, Tbilisi; founded in September 2006, according to its bond prospectus Tbilisi 3 Both: 3 current projects and 13 completed projects m2 Real Estate Georgia profile
Mardi Holding Batumi-based group; established in January 1991 as LLC Imeri, according to the developer Batumi 5 Both: the Completed projects page lists 17 entries and six current projects are described Mardi Holding Georgia profile
Horizons Group Sheriff Khimshiashvili 49, Batumi, as printed on the developer’s site; building in Batumi since 2013, according to the developer Batumi 3 Both: 2 current and 3 completed projects on the projects page Horizons Group Georgia profile
European Village Batumi, Adjara, per the contacts page, with a sales office on Andrei Pirveltsodebuli Highway in Gonio Gonio 3 Both: villa complexes completed in 2019, 2022 and 2023 on the company site, and a Gonio complex of five projects in sale European Village Georgia profile
Mira Developments Dubai, UAE (Art of Living Mall, Umm Suqeim Street); founded in 2023, according to the developer Tbilisi (Tbilisi Hills) 1 Off-plan: handover quarter Q3 2029, per the developer Mira Developments Georgia profile
Silk Development 1 Republic Square, Tbilisi, per the website footer; active since 2005, according to the developer Batumi (Old Batumi) 1 Under construction; the developer shows Green Cape Botanico and Telegraph at 100% completed Silk Development Georgia profile

Three points frame the table. One: the fifteen real estate developers in Georgia work at different scales on our site, from the 19 projects of Archi Group and the 12 of NEXT Property to the 3 of m2 Real Estate and the single projects of Mira Developments and Silk Development. Two: they work in different formats. Archi Group lists apartment complexes, an aparthotel tower, a resort at Sioni and a 62-storey tower in the Downtown Tbilisi masterplan. Orbi Group lists hotel-managed apartment complexes, a shopping mall and a business-district tower. BLOX, X2 Development, W2 Tetri Kvadrati, Monolith Group and Domus Group list residential buildings and complexes in Tbilisi, with offices and commercial floors in some of them. Gumbati Group, Mardi Holding, Horizons Group and European Village list aparthotel and hotel-operated schemes on the coast, and European Village also lists villas. Silk Development lists a mixed-use waterfront project, and Mira Developments lists a branded community of apartments, townhouses and villas. Three: the cities overlap. Tbilisi appears in ten profiles and Batumi with its southern coast in eight, and the next section sets out who builds where.

Where the real estate developers in Georgia build, area by area

The table counts the projects each profile files under a town or resort. It follows the place names used in the profiles, so each project appears in one row, and the counts are projects we list rather than the developer’s full portfolio. Gonio and Kvariati lie inside the Batumi city boundary, as our Batumi city page explains, and are shown as separate rows because the developers describe them as separate coastal settlements.

Town or area Developers and the number of projects each lists there
Tbilisi Archi Group 15; BLOX 11; X2 Development 9; W2 Tetri Kvadrati 9; Monolith Group 6; Domus Group 5; NEXT Property 4; m2 Real Estate 3; Orbi Group 1; Mira Developments 1
Batumi city Orbi Group 5; Mardi Holding 5; NEXT Property 4; Gumbati Group 4; Horizons Group 3; Archi Group 1; Silk Development 1
Gonio European Village 3; NEXT Property 2; Gumbati Group 1
Kvariati NEXT Property 1
Kobuleti NEXT Property 1 (a joint development with Archi Group)
Rustavi Archi Group 1
Sioni Archi Group 1
Kutaisi W2 Tetri Kvadrati 1
Bakuriani Archi Group 1; X2 Development 1

The Tbilisi row adds up to 64 projects across ten developers. All figures below are the developers’ own, as read on their project pages on 12 and 13 November 2026, unless a sentence names another source.

Tbilisi: districts and developers

Tbilisi is the capital and the city where ten of the fifteen developers list projects; our Tbilisi city page describes the districts and the transport network. The developers print street addresses and area names more often than statistical districts, so the groupings below follow the profiles.

Saburtalo has the widest mix. Archi Group lists Archi Universe (two 26-storey blocks), King Tamar by Archi, Archi Nutsubidze 2, Archi Lisi Sunrise and Archi Panorama. X2 Development lists Kazbegi Residence on Kazbegi Avenue and the two completed Shartava Street buildings, Shartava Fusion and Shartava Pool House. W2 Tetri Kvadrati lists Mindeli (six blocks, with Blocks 1 and 2 marked Completed), Filigreen 2 and Jikia, a 19-storey building with 283 apartments. Monolith Group lists Monolith Tabidze, completed in 2020, and Monolith Twins, completed in 2015. Domus Group lists Domus Gazapkhuli, a 21-storey complex with 230 apartments, and m2 Real Estate lists m2 Highlight on Marshal Gelovani Avenue, two glass towers of 36 and 26 floors. Orbi Group places Central Park Towers in Saburtalo, 200 metres from Central Park on Kazbegi Street, with two towers of 42 floors and 1,150 units according to the developer.

Didi Dighomi and Dighomi, in the north-west, hold projects by Archi Group (Archi Alley, Archi Dighomi 3 and Archi Rivertown), X2 Development (ZenX Dighomi and Dighomi Residence) and BLOX (two Didi Digomi buildings, on Demetre Tavdadebuli Street and Teimuraz I Street). Didube is the district of the two RiverFront projects and Tsereteli Deluxe by X2 Development, and of m2 at Mirtskhulava, where m2 Real Estate shows ten residential buildings on a plot of 25,365 square metres. Nadzaladevi holds Grand Avenue by Archi on Tsotne Dadiani Street, Archi Kikvidze Garden and Archi Guramishvili in Sanzona, and the Sanzona project of W2 Tetri Kvadrati on Chargali Street. Gldani and Mukhiani hold Archi Akhmeteli and Archi Lilacs, and BLOX places BLOX Sarajishvili, a district of four phase-one buildings with 1,262 flats in the developer’s selector, on Sheshelidze Street.

Ortachala, on the Mtkvari, is shared by four developers: Archi Group with Archi Horizon on Vakhtang Gorgasali Street, BLOX with BLOX Ortachala, Monolith Group with Monolith City and Monolith Residence on Kalandadze Street, and NEXT Property with Tbilisi Oriental. Avlabari, in the historic centre, holds BLOX Avlabari, which the developer built together with a Hampton by Hilton hotel, Domus Avlabari, a mixed-use project with a 23-storey residential block, and Tbilisi Downtown by NEXT, a complex of 217 apartments in five blocks. Vake holds Domus Sera on Paliashvili Street, Domus Trees on Chavchavadze Avenue, Monolith Bagebi on the Tskneti Highway and X2 Mtskhetaze, and Domus Nea stands on Kavtaradze Street in the city centre.

The east of the city is the area of W2 Tetri Kvadrati, which lists Isani Park in Isani, Urban East on the Kakheti Highway in Samgori and Varketili IV, V and VI around Shuamta Street, while BLOX lists BLOX Varketili and Monolith Group lists Monolith Varketili there. Krtsanisi holds BLOX Krtsanisi, and Mira Developments places Mira Verde in Tbilisi Hills on the slopes overlooking the Krtsanisi district. The Mtatsminda district holds m2 at Mtatsminda Park in Okrokana, with six five-storey buildings and 190 apartments per the developer, and NEXT Property lists Cinema City by NEXT and NEU Tbilisi by NEXT on the left bank of the Mtkvari. In Downtown Tbilisi, Archi Group lists Trump Tower Tbilisi, a 62-storey tower beside Central Park that the developer presents as the opening tower of a six-tower masterplan.

Batumi city

Batumi is the capital of the Autonomous Republic of Adjara on the Black Sea coast, and our Batumi city page describes its neighbourhoods. Eight developers list projects in the city or along its southern coast. Orbi Group lists five: Orbi City, a hotel-and-apartment complex of five towers near Heroes Alley, Orbi City Mall, Avenue by Orbi, Orbi Continental on the seafront and Orbi Millennium on the New Boulevard. Mardi Holding lists five, three of them under Accor brands: Novotel Living Batumi on Tamar Mepe Avenue, Mercure Aquapark Batumi at Ahalgazrdobis 3, Mardi Hills, Mardi Stadium and Mardi City Center on Pushkini Street.

NEXT Property lists four: NEXT Address on the Alley of Heroes, NEXT Magnolia near the New Boulevard, NEXT Collection at Green Cape and NEXT Downtown in Old Batumi. Gumbati Group lists four: Strada, a 31-storey mixed-use development, Midtown, Boulevard Point and Portline in the Old Part of Batumi. Horizons Group lists Horizon Deluxe, Horizon Grand Residence and Horizon Elegance, all in the Airport district area. Archi Group lists Archi Ramada Batumi, a 30-storey aparthotel on Inasaridze Street, and Silk Development lists Silk Towers on the Old Batumi waterfront next to the Alphabetic Tower, with a master plan by Kengo Kuma and Associates, per the developer.

Gonio, Kvariati and Kobuleti

Gonio is a settlement and beach district at the southern end of the city boundary, about 15 kilometres from Europe Square by road according to our Batumi page. European Village builds here the Wyndham Grand Batumi Gonio complex of five projects, three of which we list: Aqua, a 20-storey hotel building, Family Club, a five-storey club-style building, and Villas, a row of 16 two-storey villas of 173.5 square metres. NEXT Property lists two Gonio complexes of 576 apartments each, Radisson Blu Apartments and Wyndham Residences, and Gumbati Group lists Montemar, a 16-storey hotel-type complex of three blocks. At Kvariati, NEXT Property lists NEXT Gardens, 253 apartments 50 metres from the beach per the developer.

Kobuleti, a coastal town in the Adjara region covered by our Kobuleti city page, is the site of Kobuleti Beach Resort, which NEXT Property presents as a joint development with Archi Group. The developer’s page describes three interconnected towers with 38 above-ground floors, and the announcement published by Archi names a total investment of USD 300 million and Chapman Taylor’s Madrid office as planner.

Rustavi, Sioni, Kutaisi and Bakuriani

Outside Tbilisi and the coast, Archi Group lists Archi Rustavi in New Rustavi, a plan of eight residential houses around a central space, and Sioni Lake Resort and Spa, an aparthotel resort 1,100 metres above sea level and about 50 kilometres from Tbilisi per the developer, with a design by Chapman Taylor’s Madrid studio that lists five aparthotel blocks with 450 keys and 25 villas. W2 Tetri Kvadrati lists a 15-storey block with 307 apartments on Lado Asatiani Street in Kutaisi, which the developer says has a panoramic view of Bagrati Cathedral; our Kutaisi city page describes the city.

Bakuriani is the mountain resort of Borjomi Municipality, at about 1,700 metres, and our Bakuriani city page covers the ski areas and access. Archi Group lists Archi Dialog Kokhta, a five-storey aparthotel on 9 April Street shown by the developer as completed at 100%, with units of 26.9 to 64.6 square metres. X2 Development lists Bakuriani 4Rest, four residential blocks of five floors with 214 apartments, completed in June 2022 per the developer, 500 metres from the ski track near the Kokhta-Mitarbi road. The completed-projects pages of Mardi Holding and Gumbati Group and the project list of Orbi Group also name Bakuriani buildings, which the profiles describe as part of each developer’s wider record.

Completed and ongoing projects across the real estate developers in Georgia

Every status label below is the developer’s own. The fifteen companies use different words and different measures: “Completed”, “Current”, “Ongoing”, “Sold out”, a percentage per block, a countdown date, a handover quarter and a handover status. The table sets the labels beside the dates the developers print.

Developer Shown as completed or delivered Shown as current, ongoing or off-plan Dates printed by the developer
Archi Group Index of 46 entries on archi.ge with 20 marked Completed; Archi Dialog Kokhta at 100%; early blocks completed in Archi Lilacs, Archi Dighomi 3 and Archi Kikvidze Garden Progress per block, for example Archi Guramishvili 87%, Archi Ramada Batumi 75% and Archi Panorama 33% on 13 November 2026 Founded 2006; Trump Tower Tbilisi launch event 15 September 2026; delivery date for a unit set in its sale contract
NEXT Property Home page names NEXT Orange, NEXT White, NEXT Apartments, NEXT Green and Villa Park as sold out; NEXT Downtown in the completed list The 12 projects on the Under Construction in Georgia page Wyndham Residences December 2026; Radisson Blu Apartments May 2027; Tbilisi Downtown September 2027; NEXT Gardens December 2027; NEXT Address, NEXT Magnolia and Tbilisi Oriental December 2028; Cinema City and NEU Tbilisi December 2029; Kobuleti Beach Resort December 2031
Orbi Group Orbi City Mall shown as opened in 2026; a Korter page shows four of five Orbi City houses delivered Orbi Continental, construction launched 17 September 2025; Central Park Towers, full-scale launch scheduled for September 2027 Avenue by Orbi Q4 2026 and the last Orbi City house Q4 2026, as shown by Korter
X2 Development 6: Shartava Fusion, Shartava Pool House, Tsereteli Deluxe, Dighomi Residence, X2 Mtskhetaze and Bakuriani 4Rest 4: ZenX Dighomi, RiverFront Residence, Kazbegi Residence and RiverFront C Block Completed 2020 (two buildings), June 2022, September 2022 and 2026 (two buildings); targets June 2028, December 2028 (two projects) and December 2029
BLOX 7 cards at 100%: Krtsanisi, Avlabari, Beliashvili 68a, Beliashvili 84, Didi Digomi on Teimuraz I Street, Nutsubidze and Varketili 4 at a lower figure: Kheivani 1%, Ortachala 41%, Sarajishvili 46% and Didi Digomi on Demetre Tavdadebuli Street 49% Project ends in the developer’s flat records: December 2027, September 2028, December 2028 and December 2030
W2 Tetri Kvadrati Homepage counters: 6 completed projects and more than 2,500 completed apartments; Mindeli Blocks 1 and 2 Mindeli Blocks 3 to 6, Filigreen 2, Jikia, Isani Park, Urban East, Varketili IV, V and VI, Sanzona and the Kutaisi block Isani Park Blocks C and D December 2027 and Blocks A and B June 2029; Varketili IV March 2028; Urban East, Varketili VI and Sanzona December 2028
Monolith Group Nine on the completed page, from Monolith Nutsubidze (2014) to Monolith Bagebi and Monolith Varketili (2021); all six we list Four on the ongoing page: Green City, Ethno City, Dighomi City and New Depo Ethno City December 2026; Dighomi City June 2027; New Depo September 2029, per the developer’s FAQ
Domus Group 13 projects on the completed page, from the Hippodrome series to Domus Chavchavadze 29 5 current projects Countdown dates on the project pages: 1 January 2027 (Trees), 30 December 2027 (Gazapkhuli), 30 April 2028 (Avlabari), 15 June 2028 (Nea) and 30 December 2028 (Sera)
Gumbati Group 10 entries marked completed, including Gumbati Residence in Gonio 5 current: Strada, Midtown, Boulevard Point, Portline and Montemar Delivery per the sale contract; company history 1998, development from 2005, hotel-type services from 2019
m2 Real Estate 13 projects, from m² at Chubinashvili (September 2012) to m² at Chkondideli (2023) 3 current projects with 2,791 homes, of which 2,638 are marked sold on 13 November 2026 Mirtskhulava Buildings I to VIII completed and IX and X in 2026; Highlight Buildings XI and XII in 2027; Mtatsminda Park Buildings I to VI in 2026
Mardi Holding Eleven apartment buildings dated 2013 to 2024 on the Completed projects page Six current projects described on mardi.ge Accor release of 30 November 2023 states a 2026 opening target for the Mardi Hills hotel
Horizons Group Horizon Comfort, Horizon Club and Horizon Elegance Horizon Deluxe and Horizon Grand Residence Korter shows 2017, 2019 and 2020 for the completed three, Q1 2027 for Horizon Deluxe, and Q1 2028 and Q1 2029 for the two blocks of Horizon Grand Residence
European Village Villa complexes of 11, 8 and 4 villas (2019, 2022, 2023) and a 24-room family apartment complex (2025) The five-project Wyndham Grand Batumi Gonio complex; Villas shown as Presale Open Preliminary agreement with Wyndham reported for 11 July 2022; complex announced 13 September 2023
Mira Developments None shown for Georgia Mira Verde, Trussardi Residences, off-plan Handover Q3 2029 per the developer
Silk Development Green Cape Botanico and Telegraph at 100% on the developer’s pages Silk Towers: pre-sales from August 2025, pile installation reported on 30 April 2026 Municipal park completed September 2025

Four observations help in reading the table. One, a status label describes a page and a sale contract describes a unit. Archi Group and BLOX print progress as a percentage per block or per card, so a complex can show a completed block beside a block at 0 percent, and the profile of Archi Group reads Archi Rivertown, Archi Lilacs and Archi Kikvidze Garden in exactly that way. Two, a delivery date is a target until it is written into the sale contract. Domus Group prints a “Time left” countdown, NEXT Property prints a handover target or a handover status on each page, W2 Tetri Kvadrati prints completion dates by block, and Gumbati Group leaves the date to the contract. Three, the developers publish counters that measure different things. Archi Group counts projects and square metres, Orbi Group counts years, square metres and visitors, W2 Tetri Kvadrati counts projects and apartments, and Mardi Holding counts projects, built apartments and developed square metres. Projects, apartments and square metres are different units, so the figures are compared like with like or not at all. Four, a unit count describes the whole scheme, such as the 10,800 units the developer gives for Orbi City or the 1,262 flats in the BLOX Sarajishvili selector, and does not say which units remain available.

The evidence in each profile differs in kind, and the profiles say so. Monolith Group publishes a completed page and an ongoing page with a completion year for each building. X2 Development and m2 Real Estate print a completion date or a building schedule on each project page. BLOX serves a flat selector with a start and end date for each project. Silk Development and Mira Developments describe a single scheme each, with dated news items and a stated handover quarter.

How to read claims made by real estate developers in Georgia

Developer websites, brochures and listing pages use a small set of recurring statements. Each is a statement by the seller, and the useful step is to know what it describes and which document records it. The table is process-oriented and applies to every one of the real estate developers in Georgia, including the fifteen profiled here.

Claim What it usually means What to ask for
“Founded in 1991 / 1998 / 2006 / 2013 / 2016” or “28+ years of experience” The company’s own account of its history, which the profiles quote “according to the developer”; a group may build each project through a separate company The name of the legal entity that signs the sale contract and the registered owner shown in the NAPR extract
“Completed”, “100%” or “Sold out” A status label or a progress percentage on the project page, often per block or per building The block and floor of your unit, the handover date in the contract and, after registration, an extract that shows you as owner with the cadastral code
“Delivery in December 2028”, “Time left” or a handover quarter The developer’s planned handover date for the project or the block The delivery date for your unit written into the sale contract, with the payment schedule that leads to it
“White frame”, “black frame”, “green frame”, “near-completion” or “turnkey” A finish stage; the developers define the terms differently, for example near-completion as 70% of the repair work in the Gumbati Group Montemar page The finish specification annex to the contract, unit by unit
“From USD 95,000” or “from EUR 5,808 per m²” An entry figure printed for a type or a project, which does not always name the unit The unit number, area, floor and total price in the reservation form, and whether VAT is included
Price per square metre quoted from a portal A figure the portal prints on a date, which changes with availability and is not an offer from the developer The developer’s current price for the unit and the date it was issued
“0% instalment” or “interest-free plan” An in-house schedule agreed directly with the developer, without a bank loan A table in the contract with each instalment’s amount, due date and receiving account, and the currency in which each amount is stated
“1,630 units” or “10,800 units” The size of the whole scheme across its phases, according to the developer The block and phase of your unit and its plan with internal and external areas shown separately
A hotel brand such as Radisson Blu, Wyndham, Novotel, Mercure or Swissotel, or a fashion brand such as Trussardi A brand or licence named by the developer; the profiles name the developer as the seller and the brand as operator, licensor or interior partner The seller named in the contract, the management agreement and the owner’s rights under it
“Management company” or “rental programme” An optional service run by the developer, its group or an operator around the building The management agreement with its fees, term and reporting
“Registered at NAPR” or “pre-registered” The Law on the Public Registry allows a right to be pre-registered on the basis of a signed agreement, according to our guide A current extract that shows the entry, and a new extract after registration
“Residence permit with purchase” A property can support a permit application; the permit is a separate application to the SDA decided on an appraised market value The report of an accredited appraiser and the extract that proves ownership
Distances and travel times Minutes or kilometres printed by the developer from a stated starting point The starting point and the mode of transport, so that figures from different developers can be compared

The common thread is that the sale contract is the document that fixes the terms for a given unit. The profiles repeat the point for each developer: the contract states the unit, the price and its currency, the payment schedule, the finish and the delivery date, and the Georgian text is the binding one where a contract is bilingual. A buyer comparing real estate developers in Georgia gets the clearest picture by putting the delivery date, the payment schedule, the finish description and the total cost side by side in the draft contracts rather than in the brochures.

Payment plans printed by real estate developers in Georgia

Developer instalment plans are a common way to pay for a home in a building under construction, and the profiles show how differently they are described. Some developers print percentages and a number of months on each project page; others state the structure in general terms and leave the schedule to the reservation form and the contract. Bank loans are a separate track, and our guide to mortgages in Georgia for foreigners sets out the National Bank of Georgia limits.

Developer Structure printed or described Where it appears
Archi Group Schedule set in the reservation form and sale contract; launch events in 2023 and 2025 mention instalment offers of up to 12 years with no initial contribution News items on archi.ge
NEXT Property 0% instalment plans of 12 to 45 months, and 56 months at Kobuleti Beach Resort; initial payment 10%, 15% or 20% by project; reservation deposit of USD 1,000 to USD 3,000 holding the unit for one week or up to one month Project pages and the buying steps on next-property.com
Orbi Group Full payment, a mortgage, or an interest-free plan offered by the developer; Orbi Millennium shows a 12-month plan with an initial payment of USD 4,000 Developer’s FAQ and the Orbi Millennium article
X2 Development Internal 0% instalment with a 10% co-payment: 24 months at ZenX Dighomi, 32 at RiverFront Residence, 36 at Kazbegi Residence and 40 at RiverFront C Block; advertised monthly figures from GEL 1,130 to GEL 1,270 The four current project pages
BLOX Cash, instalments agreed with the developer or a mortgage; the route for a flat is set in its contract Reservation form and sale contract
W2 Tetri Kvadrati A Full Payment plan of 100% in advance and a Custom Plan arranged with the developer Unit pages, for example at Sanzona and Varketili VI
Monolith Group Ethno City offer of 7 November 2025: 10% down, a further 10% interest-free over 36 months and the remaining 80% after three years; interest-free in-house instalments or a partner-bank mortgage per the FAQ News and offers page; FAQ
Domus Group “Interest-free loan, flexible terms and individual schedule of payment” with an instalment line of 32 months (Nea), 30 (Sera and Avlabari) and 20 (Trees and Gazapkhuli) The five project pages
Gumbati Group Strada: 25% initial payment and a 48-month instalment; Montemar: 20% initial payment and a 48-month instalment; other pages leave the schedule to the contract Strada and Montemar project pages
m2 Real Estate A single payment at a discount, a mortgage, or in-house financing at an annual rate of 0%, a minimum 10% down payment and a term to the end of the building, with the flat as collateral Project pages
Mardi Holding Interest-free instalments of up to 36 months with a 30% down payment, and a 5% discount for a single payment Home-page FAQ on mardi.ge
Horizons Group 30% down with interest-free instalments over 18 months (Deluxe), 48 months (Grand Residence) or 10 months (Elegance); 20/20/60 or 15/15/70 splits; a 75/25 option; a cash discount Project pages
European Village 30% initial payment with 42 months (Aqua and Family Club), 24 months (Villas and Riviera) or 60 months (Sky Castle) Project pages on the complex site
Mira Developments 60/40: six instalments of 10% before completion and 40% on completion; a refundable USD 10,000 deposit for an expression of interest Project page and brochure
Silk Development Various plans, with smaller down payments up front or higher up-front payments with discounts English landing page for Silk Towers

Three patterns appear. X2 Development, Gumbati Group, Horizons Group, European Village, Mardi Holding and Mira Developments print percentages and months on project pages. NEXT Property prints an initial payment and a number of months on every project page and states the range of 12 to 45 months in general terms. Archi Group, Orbi Group, BLOX, W2 Tetri Kvadrati, Monolith Group, Domus Group, m2 Real Estate and Silk Development describe the framework, such as in-house financing, a custom plan or an offer tied to one project, and leave the amounts to the reservation form and the contract. In every case the plan that applies to a unit is the one written into its contract.

To see how percentages translate into amounts, take a hypothetical home priced at USD 100,000. This is arithmetic, not a quotation from any developer. Under a 30% down payment with the remainder in 48 equal instalments, USD 30,000 is paid at the start and USD 70,000 is spread over 48 months, which is about USD 1,458 a month. Under the 60/40 structure that Mira Developments prints, six payments of USD 10,000 are made before completion and USD 40,000 is paid on completion. Under a 20/20/60 split over 18 months, USD 20,000 is paid at the start, USD 20,000 at the final payment and USD 60,000 over 18 months, which is about USD 3,333 a month. A buyer reads the schedule for the actual unit in the contract.

Amounts are paid in the currency the contract states. Our guides note that domestic payments in Georgia are settled in lari at the National Bank of Georgia rate on the payment date, so a price printed in US dollars is converted on the day of each payment, and the official rate is published on the National Bank of Georgia currency page. This hub shows prices as printed and does not convert them.

Buying from real estate developers in Georgia: the rules in one place

The legal sequence is the same whichever of the real estate developers in Georgia sells the home. Our buying guide sets out the steps in full; the summary below is drawn from the fifteen profiles, which apply the guide to each developer.

  1. Choose a unit and request the current figures. The developer’s project page or flat selector shows the block, floor, area and price, and the reservation form confirms them. Prices are normally in US dollars, with exceptions noted in the profiles.
  2. Read the registry extract. A NAPR extract shows the registered owner, the land category and any recorded restriction. According to our guide an extract costs GEL 20 in one working day or GEL 75 on the day of filing, GEL 13 or GEL 52 when requested online, plus GEL 26 for an English version. The fees are listed on the NAPR information services page.
  3. Reserve or sign a pre-purchase agreement. For a building under construction the agreement fixes the price, the payment schedule and the conditions for moving to the sale contract, and a right can be pre-registered at NAPR on the basis of a signed agreement.
  4. Sign the sale contract. It is made in writing, as Article 183 of the Civil Code of Georgia provides, and is authenticated by a notary or signed before an authorised person at the registration authority. Contracts are drafted in Georgian, and the Georgian text is the binding one in a bilingual contract. A representative abroad needs a power of attorney certified by a notary.
  5. Pay as the contract states, by bank transfer to the account named in the contract.
  6. Register the buyer’s right at NAPR. Ownership passes on registration. The registration fee is GEL 150 for a four-working-day term, GEL 270 for one working day and GEL 350 on the day of filing, as listed on the NAPR registration fee page. A fresh extract shows the buyer as owner and carries the cadastral code of the unit.
  7. Take handover on the date in the sale contract, with keys, meters and building documents.

Who may buy is set out in our guide on whether foreigners can buy property in Georgia. Under Article 32 of the Law on the Legal Status of Aliens and Stateless Persons, foreigners may own, inherit and bequeath property, and the limit that matters for many buyers is agricultural land, which the Constitution and the Organic Law on Agricultural Land Ownership reserve for citizens, the state and local government with listed exceptions. Apartments, commercial premises and non-agricultural land lie outside that limit, and the apartments and aparthotel units in the fifteen profiles are units in buildings on non-agricultural land. Our guides note that Georgia has no ad valorem transfer tax or stamp duty on registration of a new owner, that the seller bears contract and registration expenses unless the contract states otherwise under Article 479 of the Civil Code, and that value-added tax at 18% applies where the seller is VAT-registered, so the contract should state whether the price includes VAT.

The table sets out the rates the profiles quote from our guides.

Item Rate or amount Source in our guides
NAPR registration of a change of right GEL 150 (4 working days), GEL 270 (1 working day), GEL 350 (day of filing) NAPR fee page
NAPR extract GEL 20 or GEL 75; GEL 13 or GEL 52 online; GEL 26 more for English NAPR information services fee page
VAT on a sale by a VAT-registered seller 18% Buying guide
Annual property tax, natural person, property other than land Exempt if family income in the previous year did not exceed GEL 100,000; otherwise 0.8 to 1 percent of market value at the end of the previous year Property tax guide, Law No 1874 of 30 September 2026
Loan-to-value limits set by the National Bank 90% for lari loans, 70% for foreign-currency loans, 80% for borrowers with income earned outside Georgia Mortgage guide

Property tax is covered by our property tax guide, which reads the Tax Code and Law No 1874 of 30 September 2026. Under that law a natural person’s property other than land is exempt from the annual property tax if the family’s income in the previous year did not exceed GEL 100,000, and above that level the Tax Code sets a rate of 0.8 to 1 percent of the market value of the property at the end of the previous year. According to the guide and the Revenue Service property tax page, the return is due by 1 November (2 November in 2026) and payment by 15 November, and land is taxed separately from buildings. The guide adds that income tax on a sale within two years is 5 percent of the surplus and that a sale of a residential apartment after more than two years is exempt, and that letting residential space can be taxed at 5 percent of gross rent.

Several of the fifteen developers sell hotel-managed or branded units, among them Orbi Group, Mardi Holding, NEXT Property, Gumbati Group, European Village, Horizons Group and Archi Group. For these the profiles point to two further documents: the sale contract, which states what is registered for the unit, and the management agreement, which sets out the operator’s role, its fees and the owner’s rights.

Residence-permit conditions in the profiles of real estate developers in Georgia

Residence is a separate process from the purchase. Our residence permit guide summarises the property-based route, and the Public Service Development Agency publishes its residence permit pages. The profiles of all fifteen real estate developers in Georgia restate the same conditions, summarised in the table.

Condition As stated in the guide
Threshold USD 150,000 since 1 March 2026, up from USD 100,000
What is measured The market value of non-agricultural property as established by an accredited appraiser, and not the price in the sale contract
Combined holdings The threshold applies to total holdings, so several properties can be added together
Type of permit Temporary, renewed annually while the qualifying ownership continues
Application A separate application to the SDA, decided by the authorities

Because the threshold is measured on an appraisal, the printed prices on developer pages are a guide to what a buyer might hold and not a measure of the permit value. Where prices are printed, BLOX shows flat totals from USD 62,660 to USD 284,735 in its selector, NEXT Property prints entry figures from USD 49,000 to USD 206,000 on project pages, Gumbati Group prints entry prices from USD 61,320 to USD 121,777, m2 Real Estate prints asking prices from USD 164,736 to USD 613,599, Mira Developments prints starting prices of USD 197,198 for a studio and USD 365,495 for a one-bedroom apartment, and Silk Development prints a starting price of USD 95,000. A starting price on a card applies to an unspecified unit, so the appraised value of the property you hold is what counts. A purchase from any of these developers is one input to an application, and the permit depends on the buyer’s own application and the conditions above.

How we research and verify the real estate developers in Georgia

Each profile is prepared from a fixed set of sources, and this hub uses what the fifteen profiles contain and nothing beyond them. The sources are, in order of use: the developer’s own website, including its About page, projects page and individual project pages, read on 12 and 13 November 2026; websites of group companies and project sites that the developer links; press reports named in the profile, such as Georgia Today on Archi Group, Caucasus Business Week on Domus Group, Entrepreneur Georgia on X2 Development and Monolith Group, Forbes Georgia on W2 Tetri Kvadrati and Accor releases on Mardi Holding; portal pages such as Korter where a figure is labelled as a portal figure; and Georgian primary sources, namely NAPR, the legislative portal Matsne, the Revenue Service, the SDA and the National Bank of Georgia. For the project lists the starting point is the developer’s own projects page, for example archi.ge, orbi.ge, x2.ge and the completed-projects page of monolith.ge.

A few rules govern how the facts are written. A fact that comes from a company is attributed to it, so a founding year reads “according to the developer” and a delivery date reads “per the developer”. Unit counts, sizes, amenities and prices are the developer’s printed figures, and a price is shown in the currency printed. A statement of law is attributed to the primary text or to our guide that cites it. Brand names are handled carefully: where a project carries the name of a hotel group or a fashion house, such as Wyndham, Radisson Blu, Novotel, Mercure, Ramada, Swissotel or Trussardi, the profile names the developer as the company that sells and the brand as the operator, licensor or interior partner. Where a company trades under several names, as W2, Tetri Kvadrati and White Square do, the profile records the variants so that a search under any of them leads to one page. Each profile ends with a “Last checked” date and, where the sources matter, a list of the pages that were read.

Where two sources give different figures for the same point, the profile either names each source next to its figure or leaves the point out of the comparison. That is why this hub states head offices as the developer prints them, uses the developer’s own status labels and keeps travel times, which developers measure from different starting points, to the profile of the developer that prints them. Unit-level terms, such as the price, the finish, the delivery date and the payment schedule, are fixed in the sale contract and the NAPR record, and the profiles say so each time.

A correction to a figure on this page or in a profile can be sent through the contact page of this website. A message that names the profile, the figure and the page of the developer’s website or the official text where the figure appears allows the point to be checked against the source and, where the source supports it, updated.

Other real estate developers in Georgia

The fifteen profiled companies are a selection and not a list of all real estate developers in Georgia. The directory covers the developers whose projects appear on our site and whose pages could be researched to the standard described above, and it makes no statement about companies outside it. A project in Georgia can also be built by a company that does not appear here, and the legal route of the purchase described in this hub is the same for it.

For a broader view of the market, our Georgia country page shows how the listed projects spread across the cities and resorts, and the city pages for Tbilisi, Batumi, Kutaisi, Bakuriani and Kobuleti list every project we carry in those places, whichever developer built it. The buying guide and the table of claims above apply to any developer a buyer meets.

Frequently Asked Questions

How many real estate developers in Georgia does this directory profile?

The directory profiles fifteen real estate developers in Georgia: Archi Group, NEXT Property, Orbi Group, X2 Development, BLOX, W2 Tetri Kvadrati, Monolith Group, Domus Group, Gumbati Group, m2 Real Estate, Mardi Holding, Horizons Group, European Village, Mira Developments and Silk Development. Together they are linked to 101 distinct listing pages, and each profile is available in English, Russian, Polish and Persian.

Which towns do the real estate developers in Georgia in this directory build in?

The fifteen real estate developers in Georgia profiled here build in Tbilisi, Batumi, Gonio, Kvariati, Kobuleti, Rustavi, Sioni, Kutaisi and Bakuriani. Tbilisi appears in ten profiles and Batumi with its southern coast in eight, and the area-by-area section above gives the number of projects each developer lists in each place.

Are the projects of these developers completed or still being built?

The real estate developers in Georgia in this directory show both. X2 Development lists 6 completed and 4 current projects, BLOX shows 7 cards at 100% and 4 at a lower figure, Domus Group shows 13 completed and 5 current projects, m2 Real Estate shows 13 completed and 3 current, Horizons Group shows 3 completed and 2 current, Monolith Group lists six completed buildings among nine on its completed page, and Archi Group reports 55 completed and 31 ongoing projects. The status labels are the developers’ own, and the delivery date for a unit is the one in its sale contract.

What payment plans do real estate developers in Georgia print?

Several real estate developers in Georgia describe interest-free instalment plans. X2 Development shows 24 to 40 months with a 10% co-payment, Gumbati Group shows 25% down and 48 months at Strada and 20% down and 48 months at Montemar, Mardi Holding shows up to 36 months with a 30% down payment, European Village shows 30% initial payment with 24, 42 or 60 months, Horizons Group shows 30% down with 10, 18 or 48 months, Mira Developments shows a 60/40 structure and NEXT Property shows 0% plans of 12 to 45 months. The other developers set the schedule in the contract.

Can foreigners buy from real estate developers in Georgia?

Foreigners may own apartments and commercial premises in Georgia, according to our ownership guide, and can buy from real estate developers in Georgia under the same written-contract and registration sequence as citizens. Title is acquired under Article 183 of the Civil Code by a written transaction and registration at NAPR, and agricultural land is the main category reserved for citizens. Our guide on whether foreigners can buy property in Georgia explains the rule.

Which taxes and fees apply when buying from real estate developers in Georgia?

A purchase from real estate developers in Georgia carries NAPR registration of GEL 150, GEL 270 or GEL 350 depending on the term, an extract fee from GEL 13 to GEL 75, VAT of 18% where the seller is VAT-registered, and notary fees where a notary authenticates the contract. Under Law No 1874 of 30 September 2026, annual property tax on a natural person’s property other than land is exempt up to family income of GEL 100,000 and is 0.8 to 1 percent of market value above it, as our property tax guide explains.

Does a purchase from real estate developers in Georgia lead to a residence permit?

A purchase from real estate developers in Georgia can support a property-based residence permit application, but the permit is a separate application to the SDA. Since 1 March 2026 the threshold is USD 150,000, measured on the market value set by an accredited appraiser, and the permit is temporary and renewed annually, as our residence permit guide explains.

How are the profiles of real estate developers in Georgia checked?

The profiles of real estate developers in Georgia are prepared from the developers’ own pages, group sites, press reports named in the text, portal pages labelled as such and Georgian primary sources. Each carries a “Last checked” date, which is 13 November 2026 for all fifteen, attributes company statements to the company, and leaves out a point when two sources differ.

Last checked: 13 November 2026.

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