Georgia – a small country with great potential

Your agency focuses on investments in projects with hotel brands. What distinguishes such projects?

Our flagship example is Wyndham Grand Batumi Gonio 5*, developed by European Village. This is the first luxurious Ultra All Inclusive complex in Georgia, including four hotels with full resort infrastructure – SPA & Wellness center, restaurants, swimming pools, recreational areas and conference facilities. The key is that Wyndham Grand Batumi Gonio 5* is a completely maintenance-free investment. The facility will be managed by Ambridge Hospitality – a global leader in the hotel industry, which supervises over 1,500 hotels around the world, including brands such as Hilton, Marriott, Radisson and Wyndham Hotels & Resorts.

This allows owners to receive regular profit payments without having to deal with the rental themselves. An additional advantage is access to the RCI program – the world’s largest holiday exchange network, enabling stays in over 4,500 hotels in 110 countries. It is a unique combination of a high rate of return with a luxurious lifestyle. Another project of a similar nature is Grand Life. WorldHotels Luxury 5*, which combines prestigious condo apartments with professional hotel management and the global recognition of the Best Western Hotels brand.

How do you assess the long-term potential of the real estate market in Georgia?

The early market means high rates of return. According to data from Cushman & Wakefield, the average annual rate of return (ROI) on branded hotel projects in Georgia ranges from 12 to 17 percent, and in the coming years the value of the properties may increase by another 30-40 percent. For investors looking for high returns and portfolio diversification, Georgia remains a real, undiscovered treasure.

What big projects are currently shaping the market?

Billions of dollars of investments are changing the region. The most visionary project is Batumi Island in Batumi – the first artificial island in the Black Sea. It will feature branded hotels, private marinas, luxury apartments and infrastructure based on sustainable energy sources. At the same time, Emaar Properties from Dubai announced an investment worth USD 6 billion, including the construction of exclusive marinas, five-star resorts and a completely new seaside district. These projects will significantly increase the prestige of the region and contribute to a further increase in real estate values.

How does My Place support investors throughout the entire process?

My Place is a trusted partner of international investors. We have been specializing in the Georgian market for many years and have completed hundreds of transactions. We provide comprehensive services to our clients – from investment analysis, through legal services and due diligence, to translations and real estate registration. The entire process is safe, transparent and convenient – also remotely, without the need to travel to Georgia.

Additionally, we organize monthly investment trips from Poland to Georgia, during which participants can see the projects in person, meet with developers and see for themselves the dynamic development of the region. This is the best way to understand why we say that Georgia is a small country with huge potential.