Yes, residential and commercial property freely; agricultural land is reserved for citizens.
Costs on top of the price
0.6-1.1% · No transfer tax or stamp duty; registry fee 50-200 GEL, notary under 0.1%, legal 0.5-1%; agent 2-3% if buyer-paid.
Yearly property tax
Only for tax residents: 0.05-1% of value depending on household income; non-residents generally exempt.
Tax on rental income
5% of gross rent on residential property (long- or short-term), residents and non-residents alike.
What holiday rentals earn
No sourced STR gross yield. Airbtics (Feb 2025-Jan 2026): Batumi 53% occupancy, ADR US$43, median revenue ~US$8k/yr, listings +46% YoY, graded D and ranked in the lowest 4% for STR yield in Eastern Europe.