Georgia’s land market is maintaining steady upward momentum in 2026, with increasing transaction volumes and rising prices driven by both domestic activity and growing foreign demand.
Irma Elbakidze, founder of Binarea, stated that land transactions are expanding at an average annual rate of 5–6%, with even stronger growth recorded in main regions
In the first quarter of 2026, transaction activity showed notable growth across several regions: Kakheti transactions increased by 17%, while Black Sea coast: growth reached 12%. Overall, market activity has risen by approximately 15–20%, reflecting strong demand for land assets across both agricultural and development-oriented areas.
A main driver behind this growth is heightened interest from international investors, particularly from the Middle East. Elbakidze notes a significant increase in buyers from countries such as Israel, as well as investors linked to Dubai, where investment activity in Georgia had already been established in previous years.
Geopolitical developments in the region have further intensified this trend, contributing to rising demand and increased competition for available land.
As demand continues to outpace supply, land prices are climbing sharply. In some cases, property owners are delaying sales in anticipation of further appreciation.
Elbakidze mentioned the example in the suburbs of Tbilisi, where land that sold for approximately $12 per square meter two years ago is now being listed at around $120, illustrating the scale of price increase in certain segments.
