ITALIAN STANDARDS · GEORGIAN MARKET

Invest in Georgia.Italian standards.Zero compromise.

Premium real estate agency for foreign investors.

Tbilisi, Georgia
One of Europe's fastest-growing real estate markets
PREMIUM MARKET
$4.3B
MARKET VOLUME 2024
8.6%
AVG RENTAL YIELD
17%+
FOREIGN BUYERS
1–4
DAYS TO REGISTER
MG
5+
YEARS IN TBILISI
FOUNDER & MANAGING DIRECTOR

Matteo Gaffarelli

Italian Entrepreneur · Based in Tbilisi, Georgia

Former founder of Gaffarelli Export LLC — B2B commercial operations across Georgia's HoReCa segment. Deep local network: developer relationships, legal contacts, and investor community built over years on the ground in Tbilisi.

European professional standards applied to a Georgian-market operation — rare in this space.

✓Deep developer network
✓Legal contacts
✓Foreign investor focus
✓European standards
🇮🇹 Italian — Native
🇷🇺 Russian — Fluent
🇬🇧 English — Working
TBILISI LIFESTYLE TOUR
TBILISI LIFESTYLE TOUR
Discover Tbilisi's premium real estate
A city of culture, growth, and opportunity.
2:45
OUR DEVELOPERS

Georgia's most trusted builders.

We partner exclusively with vetted developers. Hover a card to see their projects.

01
Archi
Residential · Tbilisi
Georgia's leading residential developer. Known for modern design, quality construction, and on-time delivery.
3 active projects
→
Archi — Active Projects
Archi Horizon · Ortachala
Archi Alley Block C · Didi Dighomi
King Tamar by Archi · Saburtalo
View All Projects →
02
Developer B
Mixed-use · Tbilisi
Large-scale mixed-use developments across key Tbilisi districts with strong rental yield history.
3 active projects
→
Developer B — Active Projects
Project Delta · Didi Dighomi
Project Epsilon · Isani
Project Zeta · Nadzaladevi
View All Projects →
03
Developer C
Luxury · Tbilisi
High-end luxury segment specialist with premium finishes and exclusive locations.
2 active projects
→
Developer C — Active Projects
Project Eta · Mtatsminda
Project Theta · Vera
View All Projects →
FILTER BY DISTRICT

Find projects by location.

All Districts
Ortachala
Didi Dighomi
Saburtalo
Mtatsminda
Vera
Isani
Nadzaladevi
Vake
FEATURED PROJECTS

Curated developments.

Contact us for pricing and availability.

NEW
Archi Horizon
by Archi
Ortachala, Tbilisi
8.6%
YIELD
2025
DELIVERY
1–3BR
UNITS
FEATURED
Archi Alley Block C
by Archi
Didi Dighomi, Tbilisi
9.1%
YIELD
2026
DELIVERY
Studio+
UNITS
LUXURY
King Tamar by Archi
by Archi
Saburtalo, Tbilisi
7.8%
YIELD
2026
DELIVERY
2–4BR
UNITS
TESTIMONIALS

What our investors say.

Real experiences from foreign investors who trusted Gaffarelli Estate.

★★★★★
"Matteo handled everything remotely. I signed the deal from Milan — the whole process took less than 3 weeks. Exceptional service."
LR
Lorenzo R.
🇮🇹 Milan, Italy · Investor
★★★★★
"The best investment decision I made in 2024. 8.4% rental yield in the first year. I was skeptical about Georgia — not anymore."
AS
Alexei S.
🇷🇺 Moscow, Russia · Investor
★★★★★
"Professional, transparent, and genuinely helpful. Unlike other agencies, there were no hidden costs and no pressure whatsoever."
MK
Marcus K.
🇩🇪 Berlin, Germany · Investor
WHY GEORGIA

Structural advantages. No other market matches.

Georgia offers foreign investors what no other European market can.

OWNERSHIP
Full foreign ownership rights
All nationalities, no restrictions. No local partner required. Buy, own, and earn remotely.
TAXATION
No stamp duty. No purchase tax.
Flat 5% rental income tax only. One of the most investor-friendly tax regimes in Europe.
PROCESS
Remote purchase possible
Full power-of-attorney for non-resident buyers. NAPR registration in 1–4 business days.
HOW IT WORKS

Four steps. Zero stress.

We handle everything — from first call to post-sale management.

01
Discovery call
We understand your budget, goals, and investment profile.
02
Curated selection
We match you with vetted projects from trusted developers.
03
Transaction & legal
Legal support, notarization, and NAPR registration in 1–4 days.
04
Post-sale support
Property management, tenant sourcing, and resale advisory.
INVESTMENT CALCULATOR

Calculate your potential return.

Adjust the sliders to estimate ROI, property appreciation, and Georgian mortgage payments. Want exact numbers based on real projects? Contact us below.

ROI & Rental Yield
Property Projection
Georgian Mortgage
PROPERTY PRICE$150,000
MONTHLY RENT$900
OCCUPANCY RATE90%
ANNUAL EXPENSES$2,400
GROSS ROI
7.2%
per year
NET ROI
5.6%
after expenses
GROSS RENT/YEAR
$9,720
before tax
NET INCOME/YEAR
$5,862
after 5% tax + costs
Annual gross rent$9,720
Georgia rental tax (5%)-$486
Annual expenses-$2,400
Vacancy loss-$972
Net annual income$5,862
Payback period26 yrs
PROPERTY PRICE$150,000
ANNUAL APPRECIATION8%
MONTHLY RENT$900
PROJECTION PERIOD10 years
PROPERTY VALUE
$323,838
in 10 years
CAPITAL GAIN
+$173,838
appreciation
TOTAL RENT
$108,000
gross income
TOTAL RETURN
$281,838
gain + rent
PROPERTY VALUE OVER TIME
Initial investment$150,000
Final property value$323,838
Total ROI187.9%
Annualized return16.7%
PROPERTY PRICE$150,000
DOWN PAYMENT30% · $45,000
INTEREST RATE (GEO)9.5%
LOAN TERM15 years
MONTHLY RENT INCOME$900
MONTHLY PAYMENT
$1,097
principal + interest
CASH FLOW/MO
-$197
rent minus mortgage
LOAN AMOUNT
$105,000
borrowed
TOTAL INTEREST
$92,460
paid over loan life
PRINCIPAL vs INTEREST OVER TIME
Principal Interest
Down payment$45,000
Total cost of loan$197,460
Break-even rent$1,097/mo
Yield on equity24.0%
WANT REAL NUMBERS?
These are estimates. We can give you exact figures.
Based on current projects, actual 2025 rental data from Tbilisi, and Georgian bank rates — Matteo will send you a personalised investment calculation within 24h.
Projections are illustrative estimates. Actual returns depend on market conditions, occupancy, and local regulations. Not financial advice.
INVESTMENT CALCULATOR

Calculate your return.

Estimate your ROI, rental yield, property appreciation and Georgian mortgage — adjust the sliders to match your investment profile.

ROI & Rental Yield
Property Projection
Georgian Mortgage
PROPERTY PRICE$150,000
MONTHLY RENT$900
OCCUPANCY RATE90%
ANNUAL EXPENSES$2,400
GROSS ROI
7.2%
per year
NET ROI
5.6%
after expenses
GROSS RENT/YEAR
$9,720
before tax
NET INCOME/YEAR
$6,948
after 5% tax + costs
Annual gross rent$9,720
Georgia rental tax (5%)-$486
Annual expenses-$2,400
Vacancy loss-$972
Net annual income$5,862
Payback period17 yrs
PROPERTY PRICE$150,000
ANNUAL APPRECIATION8%
MONTHLY RENT$900
PROJECTION PERIOD10 years
PROPERTY VALUE
$323,838
in 10 years
CAPITAL GAIN
+$173,838
appreciation
TOTAL RENT
$108,000
gross rental income
TOTAL RETURN
$281,838
gain + rent combined
PROPERTY VALUE OVER TIME
Initial investment$150,000
Final property value$323,838
Total ROI187.9%
Annualized return16.7%
PROPERTY PRICE$150,000
DOWN PAYMENT30% · $45,000
INTEREST RATE9.5%
LOAN TERM15 years
MONTHLY RENT INCOME$900
MONTHLY PAYMENT
$1,097
principal + interest
CASH FLOW/MO
-$197
rent minus mortgage
LOAN AMOUNT
$105,000
borrowed from bank
TOTAL INTEREST
$92,460
paid over loan life
PRINCIPAL vs INTEREST OVER TIME
Principal Interest
Down payment$45,000
Total cost of loan$197,460
Break-even rent$1,097/mo
Yield on equity24.0%
Projections are illustrative estimates. Actual returns depend on market conditions and local regulations. Not financial advice.
WANT REAL NUMBERS?
These are estimates. We can give you exact figures.
Based on current Tbilisi projects, actual 2025 rental data and Georgian bank rates — Matteo will send you a personalised investment calculation within 24h.
GET IN TOUCH

Let's talk about your investment.

Tell us your budget and goals. We'll match you with the right projects and handle everything from there.

WHATSAPP / TELEGRAM
+995 599 906 920
EMAIL
info@gaffarelliestate.com
LOCATION
Tbilisi, Georgia
Message sent!
Matteo will contact you within 24 hours. Thank you for your interest in Gaffarelli Estate.
Ready to invest in Georgia?
Tell us your budget. We handle everything else.