New-build apartment sales in Tbilisi rose 30% in July 2026

Georgia · September 14, 2026

According to HomesOverseas, new-build apartment sales in Tbilisi rose 30% in value and 17% in square metres in July 2026, while lari mortgage lending grew by almost 27%.

According to HomesOverseas, citing the National Bank of Georgia, new-build apartment sales in Tbilisi grew noticeably in July 2026: by 17% in square metres and by 30% in value. Analysts at Galt & Taggart link this to a recovery in buyer interest and higher activity in the capital's primary housing market.

Experts also note a change in how deals are financed: the share of purchases with a mortgage fell from 85% in 2023 to 74% in the current period. This may suggest that more buyers pay with their own funds, including foreign investors who buy without a loan.

According to the National Bank of Georgia, mortgage loans issued in the national currency (lari) in January–July 2026 totalled GEL 2.45 billion, 27.3% more than in the same period last year (GEL 1.92 billion). Growing mortgage lending together with higher new-build sales may point to a general revival of the Tbilisi housing market.

For property buyers in Georgia, including foreign investors, these figures can help assess current market conditions and plan purchases, but the specific mortgage terms and buyer requirements should be confirmed directly with banks and developers.

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