How to buy Real Estate in Georgia - Guide to buying and registering property

Buying a new home is one of the most important and exciting decisions in our lives. It’s not just about choosing walls and square meters - it’s about finding the space where a new chapter of your life will begin, where your most precious memories will be made, and where you’ll always feel comfortable and secure.

However, at first glance, the process of buying real estate can seem complicated and confusing. Finding the ideal location, properly evaluating the property, and navigating the legal procedures are all matters that demand special attention and know-how.

That’s why we’ve set out to make this path easier. In this guide, we’ll walk you through the full process of purchasing real estate, step by step - from searching for the right option to its official registration. Our tips will help you move through each stage with confidence and make an informed decision that fully meets your expectations.

How Does Property Valuation Work?

Once you’ve chosen the real estate you’re interested in, the next crucial step is its valuation. This process helps determine the property’s exact market value - an essential step both for your financial security and for the bank, if you plan to use a mortgage loan.

The valuation is conducted by a certified, independent appraiser. The specialist examines the property on-site and prepares an official report based on several key criteria:

Location: This is one of the most important factors. The price is directly influenced by the neighbourhood’s prestige, proximity to the city center, accessibility to public transport, environmental conditions, and even the view from the windows.

Infrastructure: The appraiser evaluates how well-developed the surrounding area is - whether there are nearby schools, kindergartens, parks, shopping centers, and other public facilities.

Building Type and Condition: This factor is assessed differently for completed and under-construction buildings. For an already completed property, the appraiser considers its age, the construction materials used, and the overall condition (including the entrance, elevator, and façade).

In the case of an apartment still under construction, the valuation is based on the developer’s reputation, the construction project, the quality of materials, and the estimated completion date - allowing the appraiser to forecast its future market value.

Apartment Condition and Size: The appraiser examines the interior condition - whether it’s in a black, white, or green frame apartment, or a fully renovated home. Naturally, the total area, number of rooms, and efficiency of the layout are also taken into account.

Market Comparison Method: The appraiser studies recent sales of similar properties within the same neighbourhood. This is considered the most accurate method for determining an objective and realistic market value.

After analyzing all these factors, the appraiser prepares an official valuation report - a legal document that reflects the property’s worth. An accurate valuation protects you from financial risks and ensures that your choice of investment apartment is well justified.

The Process of Buying Real Estate in Georgia

After searching for and evaluating a property, the next step is the most exciting and the most responsible one: buying real estate.

But before diving into the legal details, it’s important to understand that this stage is, above all, about choosing your future lifestyle.

After all, this decision answers a fundamental question: What does your ideal home look like?

Perhaps you dream of having your own house outside the city - a place that offers privacy, peace, and a closer connection to nature. It’s a path where you shape your surroundings and define your unique way of living.

That’s exactly the vision behind modern residential developments like our project “Tabakhmela Estates” by Materia. The concept is simple: we create a fully developed infrastructure - a secure area with proper communications, sports, and recreation zones - and you build your dream home on this ready-made “foundation.”

On the other hand, your lifestyle might be more aligned with the city’s rhythm, where you value high-end services and maximum comfort. In that case, your ideal home might be a modern apartment in a premium-class complex.

Our project "Outlook Forest” in Krtsanisi embodies exactly that vision - it offers direct access to the Botanical Garden and five-star hotel-level services that bring a new standard of living to the heart of the city.

Once you’ve made this fundamental choice and found the concept that suits you best, the process of purchasing real estate becomes much simpler and more enjoyable. From there, you can move on to the practical steps that will lead you to the final stage - registering your property with the Public Registry.

Property Registration and Legal Procedures in Georgia

Once you’ve chosen your dream home and signed the purchase agreement, you reach the final, yet most crucial, stage: the official registration and legalization of your ownership rights. This procedure is what transforms your purchase into a full, legally recognized property.

In Georgia, the process of registering real estate is transparent, straightforward, and among the fastest in the world. It is fully managed by the National Agency of Public Registry under the Ministry of Justice of Georgia.

The process consists of the following steps:

Preparation of the Sale Agreement:

A written contract is signed between the buyer and the seller. It outlines detailed information about the property, the identities of both parties, the purchase price, and payment terms.

Visit to the House of Justice:

To finalize the contract and register ownership, both parties (or their authorized representatives) must visit any branch of the House of Justice. There, they can notarize the agreement and submit the registration application on-site.

Required Documentation:

In standard cases, you’ll need only the following:

Identification documents of both parties

The signed sale agreement

Service Fees and Timeframes:

The Public Registry offers several service timeframes, with fees varying accordingly. Standard registration takes up to 4 business days, but for an additional fee, the process can be expedited; in some cases, ownership can be registered on the same day.

Receiving the Extract:

Once the registration is complete, you will receive an official extract from the Public Registry. This legal document confirms that the property is officially registered in your name.

It’s worth noting that Georgia has consistently ranked among the top countries in the World Bank’s Doing Business index for the ease of property registration. This reflects the country’s minimal bureaucracy, efficiency of procedures, and strong protection of ownership rights.

With the issuance of the ownership extract, the full cycle of buying and registering real estate is officially complete.

As we’ve seen, buying real estate is a multi-stage yet fascinating process. From searching for the perfect home and accurately assessing its value, to completing the purchase and finalizing registration, each step plays a vital role in ensuring your peace of mind and a secure future.

The key is to stay informed and make well-considered decisions along the way. At Materia, our goal is not only to build walls but to create a reliable foundation for your future life, and to make this important journey as smooth and stress-free as possible.

We hope this blog serves as a helpful guide to investing in Georgia's Real Estate, gives you a clearer understanding of every stage and helps to make your path toward your dream home more confident and enjoyable.