property management · tbilisi
we run your property. you get the income and the numbers.
Short-term or long-term rental, a fixed monthly rent from us, or commercial space leased and managed. Every month you get a statement with each booking, expense and receipt.
what could it earn?
Long-term and short-term side by side, after our fee.
long-term · 8%
- rent
- our fee
- utilitiestenant pays
short-term · 20%
- bookings
- platforms
- our fee
- utilities
- slow month
- busy month
Before your income tax, for a furnished, renovated flat. Short-term figures come from our own flats at VeraNest in Vera, December 2025 to September 2026, including the slow first months after launch. Long-term rents are a starting point; your free estimate checks current listings. A one-off tenant placement fee of one month’s rent applies to long-term lets.
vacant, or let below market?
Offices, ground floors for HoReCa, retail. We lease it, run it or take it whole on a master lease.
what we do
pick what you own.
Five ways to work with us. Each has its own page with what is included and what it costs.
apartments
For owners in Tbilisi, living in Georgia or abroadshort-term rental
Airbnb and Booking run end to end: photos, pricing, guests, cleaning, repairs, reviews.
highest income in central districts how it works 8%of rent collectedlong-term rental
We find and vet the tenant, collect rent, handle repairs and the handover inventory.
steady income, least effort how it works fixedmonthly payment to you, 2–3 year termguaranteed rent
We rent the flat from you and pay the same sum every month. Vacancy and bills are on us.
no risk, for flats that pass our checks how it workscommercial and investors
Offices, HoReCa, retail, whole buildings, development sitescommercial property
Tenants found and managed, arrears chased, the building’s costs brought under control. Or we take the whole space on a master lease.
697 m² at Rustaveli since 2017 how it works per engagementor annual retaineradvisory and development
Market analysis, off-market sourcing, due diligence, residual valuations and development management in Georgia, the UK and the Czech Republic.
for investors and developers how it workshow it starts
four steps from first message to first payout.
- free income estimateOne page for your flat or space within 48 hours: long-term and short-term side by side.
- viewing and inventoryIn person or on video. We photograph everything and note what needs fixing before launch.
- contract and launchContract in English, Georgian or Russian. Listings, tenant search or lease marketing start the same week.
- monthly statementStatement by the 5th, payout by the 10th, everything visible in your owner portal.
- statement
- by the 5th of every month
- payout
- by the 10th of every month
- exit
- 30 days’ notice, no penalty
- handover
- photo inventory on entry and exit
owner portal
see what your property did this month.
This is the report our partners at VeraNest get: real September figures for three flats in Vera. Your portal shows the same for your property.
- Income by month, channel and apartment
- Every expense with its receipt
- Occupancy, average nightly rate, reviews
- Payouts and your share if you own with partners
- For commercial: tenants, leases, arrears, key dates
gross by month, Dec 2025 – Sep 2026
statement
- gross bookings
- $6,936
- platform fees
- −$971
- Solid fee, 20%
- −$1,193
- to owner
- $4,772
results
assets we run.
VeraNest, Vera
Three flats bought as a shell and launched as five listings. $36,883 gross in the first ten months, 84% occupancy in September, 4.95★.
see the project
Optima, Rustaveli 17
About 697 m² inside the Rustaveli National Theatre, leased from the state since 2017 and sublet to two restaurant operators.
see the project
20,000 m², 40+ tenants
Where the practice was built: leasing, operations and the building budget for two office properties.
see the project
where we work
tbilisi.
Rental management covers central Tbilisi. Commercial mandates and advisory also run in Prague and the UK.
Also working in Prague (BIA restaurant, Solterra Group s.r.o.) and the UK (development appraisal and planning).
questions owners ask
before you call.
Which areas do you cover?
Tbilisi: Vera, Vake, Sololaki, Mtatsminda, Old Tbilisi, Saburtalo and the centre generally. In Prague and the UK we work on advisory and selected commercial mandates.
I live abroad. Can you handle everything without me?
Yes. Most of our owners are not in Georgia. We do the viewing and photo inventory on a video call, sign the contract in English and send a statement every month. One person stays your contact, in English, Georgian or Russian.
Short-term or long-term: which is better for my flat?
It depends on the district, size and finish. Short-term usually earns more in central Tbilisi but moves with the season. Long-term is steadier. The calculator above shows both, and our free estimate puts real numbers on your specific flat.
How do I get paid, and when?
By bank transfer by the 10th of the following month. The statement with every booking, expense and receipt arrives by the 5th.
What about taxes?
Rental income tax stays the owner’s, but we help you register with the Revenue Service so you pay the reduced rate for individuals who rent out property, and we prepare the figures you need.
Can I leave if it doesn’t work for me?
Management contracts end with 30 days’ notice and no penalty. Guaranteed-rent contracts run for a fixed term, usually two to three years.
Can I still use the flat myself?
With short-term rental, yes: block the dates you want and we keep them free. With long-term rental and guaranteed rent the flat is let for the term.