Over the past decade, Georgia has emerged as one of the more dynamic investment environments in the post-Soviet region, particularly in the real estate sector. Driven by stable governance, favorable tax laws, liberal visa policies, and relatively low entry costs, the country has consistently attracted interest from both domestic and international property investors.
Despite periodic fluctuations tied to global market conditions, Georgia’s real estate market has demonstrated long-term resilience and steady growth. However, in a market where price appreciation and rental yields vary widely by location, product type, and developer reputation, simply investing in real estate is no longer enough. The challenge and opportunity lies in identifying the projects that offer real, long-term value and outperform the averages.
Among the developments currently underway in Tbilisi, MAQRO CITY TBILISI, a large-scale, multifunctional complex by Maqro Development, is emerging as one of the most strategically positioned projects available to investors today. Combining location, infrastructure, design, and developer track record, it offers a compelling case for capital appreciation and above-market returns.
Georgia’s Real Estate Sector in Perspective
While Georgia may still be considered an emerging market, its real estate sector has matured significantly in recent years. With continued improvements in public infrastructure, a growing middle class, and increased tourism and foreign interest, the foundations for real estate growth are structurally sound.
In key urban areas like Tbilisi, Batumi, and Kutaisi, demand for residential and mixed-use properties has remained consistent, even during periods of global uncertainty. Local buyers are increasingly seeking modern, self-contained residential complexes, while international investors are targeting rental and resale opportunities in high-growth zones.
MAQRO CITY TBILISI is emerging as one of the most strategically positioned projects available to investors today
Yet, despite this growth, most projects in Tbilisi still deliver modest returns. Average rental ROI across the city remains below 10%, and annual price increases in established residential projects typically fall between 5–7%. These figures are respectable by regional standards, but they underline a crucial point: investors who want more than baseline returns must focus on location quality, project design, and most importantly, the developer’s performance history.
Maqro Development – A Proven Investment Track Record
In a market filled with short-term projects and speculative development, Maqro Development stands out for its structured, long-term approach and verifiable performance metrics. The company has successfully delivered multiple large-scale residential complexes in Tbilisi, all of which have shown significant post-completion value growth.
Two completed projects, Green Budapest and Green Diamond, provide clear evidence of the company’s ability to deliver investor returns well above market norms.
• In the case of Green Budapest, residential units were initially priced at $700/m². Today, units in the same complex are traded on the secondary market at approximately $2,750/m², reflecting a 293% price increase since launch.
• Similarly, Green Diamond, also launched at $700/m², now sells at $1,750/m² an increase of 150%.
These price increases are not the result of short-term speculation or volatile market behavior. Rather, they represent long-term, demand-driven growth, tied to the developer’s careful attention to location, functionality, and construction standards.
It’s this track record of both delivering projects on time and achieving consistent capital appreciation, that now positions MAQRO CITY TBILISI as a logical next step for investors seeking sustainable value creation.
MAQRO CITY TBILISI – A Comprehensive Urban Investment Opportunity
MAQRO CITY TBILISI is not just a residential development; it is designed as a self-sufficient urban center within a strategically expanding district of Tbilisi. The project introduces a multifunctional model that integrates residential, commercial, educational, and recreational infrastructure within a single master plan.
For investors, this combination creates a resilient, multi-use environment that supports both capital appreciation and consistent rental demand.
Location Advantage
One of the most important determinants of a real estate investment’s future performance is location and MAQRO CITY TBILISI is positioned in an area that is clearly aligned with Tbilisi’s urban growth trajectory.
The complex is located:
• Within close proximity to Tbilisi International Airport, one of the busiest transit hubs in the Caucasus
• Adjacent to East Point Mall, a major retail and entertainment complex
• Near kindergartens, medical institutions, and other essential urban infrastructure
• In an area where the Georgian government has announced major public infrastructure initiatives, including the planned development of a new airport
This district is already experiencing steady urban expansion and rising residential demand. As major infrastructure projects are completed and new transport links come online, further value appreciation is expected, making the location a critical asset for long-term investors.
Self-Sufficiency and Integrated Planning
Beyond its location, what makes MAQRO CITY TBILISI particularly attractive to investors is its integrated, self-sustaining design philosophy.
The project includes:
• Residential apartments built to modern specifications
• Commercial and retail spaces embedded within the complex
• Office buildings designed for flexible tenant use
• Educational facilities, such as kindergartens
• Sports and recreational zones for health, wellness, and community events
This all-in-one concept significantly increases the project’s desirability both for long-term residents and short-term tenants while also ensuring multiple income channels for investors.
In a market filled with short-term projects and speculative development, Maqro Development stands out for its structured, long-term approach and verifiable performance metrics
Where traditional residential-only projects rely heavily on fluctuating tenant demand, MAQRO CITY TBILISI creates a complete ecosystem, reducing vacancy risk and increasing the attractiveness of the development across multiple market segments.
Above-Market Returns and Investor Terms
In a city where the average ROI across residential developments typically does not exceed 10%, MAQRO CITY TBILISI stands out by offering an estimated ROI of over 15%. This higher return projection is based on several factors:
• The developer’s historical performance, as evidenced by prior projects
• The location’s future upside, especially with public infrastructure improvements
• The demand for integrated, mixed-use developments in urban districts
These factors combine to create a more stable, long-term investment structure that is positioned to outperform many conventional projects in Tbilisi’s current pipeline.
Flexible Financing Options
Maqro Development has also differentiated itself by offering financing terms that reflect investor realities, rather than rigid, one-size-fits-all models. Notably:
• A 15% discount is available for buyers who make a full, one-time payment; a policy that is virtually unmatched in the Georgian market.
• Buyers also have access to internal, interest-free installment plans, which are customized to individual buyer needs, allowing for flexible, structured payments over time.
MAQRO CITY TBILISI is not just a residential development; it is designed as a self-sufficient urban center within a strategically expanding district of Tbilisi
These options lower the financial threshold for entry while maximizing return potential, especially for international investors or those deploying capital across multiple markets.
A Project That Reflects Where Tbilisi Is Headed
Georgia’s real estate market continues to grow, but it is no longer in its speculative phase. Investors today must look beyond raw price charts and promotional promises, and instead focus on data-backed performance, urban strategy, and project resilience.
In this context, MAQRO CITY TBILISI is more than a new residential complex. It represents a modern, investor-aligned response to how Tbilisi is evolving a fully integrated, high-growth urban zone backed by a developer with a demonstrated track record of value creation.
For those seeking reliable long-term capital appreciation, stable rental yields, and flexible acquisition terms, MAQRO CITY TBILISI presents one of the most well-structured real estate investment opportunities currently available in Georgia.
By Kesaria Katcharava
