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Outlook

  • Floors 6
  • APARTMENT NO.19
  • AREA84.4
  • PRICE 185680
apartment outlook
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AMENITIES

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Parking for 335 cars
reception
Nature-inspired 250 luxury residences
commercial
Commercial and office spaces
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Recreational facilities for all age groups
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Cutting-edge security measures
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Walking and hiking trails

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Outlook Forest is a luxury residential and hotel complex located in the historic and eco-friendly Krtsanisi area of Tbilisi.
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Why Georgia Is Your Ultimate Destination for Real Estate Investment?

Coveted EU Membership

With the 30% uptick in foreign direct investment in the real estate sector as a response to the EU accession process, Georgia emerges as the hotspot destination for domestic and international investment ventures. This surge is indicative of the growing confidence in Georgia’s economic stability and the perceived benefits of EU membership.

EU membership promises to unlock new avenues for real estate development, as it fosters regulatory harmonization and adherence to European standards. The alignment with EU norms ensures a transparent and investor-friendly environment, bolstering confidence in the market. Furthermore, the integration into the EU’s Single Market facilitates cross-border investments, offering a broader scope for diversification and higher returns.

For savvy investors, Georgia’s evolving real estate sector, coupled with the impending EU membership, presents a unique window of opportunity. As the country positions itself on the cusp of a European future, the real estate landscape becomes not just a market but a gateway to prosperity and innovation.

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Booming Economy

Georgia’s economy is experiencing a remarkable boom, positioning itself as a regional economic powerhouse. Fueled by diverse sectors, such as technology, agriculture, real estate, and logistics, Georgia has consistently attracted a surge of domestic and international investments and businesses. 

Georgia’s strategic location at the intersection of Europe, Asia and Middle East Asia enhances its appeal. With a business-friendly environment, competitive tax incentives, and a skilled, competitively-priced and productive workforce, Georgia continues to witness robust growth. This economic upswing has elevated Georgia’s standing on the national economic stage.

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Investment Affordability

With a favorable cost of living and a variety of investment opportunities, Georgia stands as an accessible and promising environment for those looking to capitalize on the real estate market. Georgia’s real estate ecosystem is contributing substantially towards its overall GDP. 

The Georgian real estate ecosystem encompasses affordable residential properties, cutting-edge commercial and hospitality destinations as well as best-in-industry luxury establishments. Georgia offers a narrow timeline for starting a business, registering a real estate property and getting construction and other allied permits, making it an easy and lucrative investment destination. 

 

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Ease of Business

Georgia, complete with natural abundance, stunning mountain terrain and pine slope views, breathtaking lake views, is the perfect place for starting businesses too. Entrepreneurs in the real estate, commercial and hospitality sectors can start a business in Georgia in just 92 days, get their property registered within 24 business days and attain necessary construction permits within 90 days. 

This ease of starting and doing business has positioned Georgia as a hotspot destination. The state’s pro-business policies, streamlined regulations, and low taxes create an attractive landscape for startups and established enterprises alike. In Georgia, the convergence of business-friendly policies and strategic advantages fosters a climate where companies can flourish with ease.

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Growth Potential

Strategically sharing crossborders with Europe, Asia and Middle East Asia, Georgia enjoys more than 8 million non-resident international travelers a year. This paves the way for consistent revenue growth in terms of tourism, which accentuates Georgia’s already phenomenal GDP. 

Real estate being the third largest sector that contributes towards Georgia’s economy has successfully attracted domestic and foreign investments in all sectors – residential, luxury & leisure destinations and commercial entities alike. With flexible and minimalist taxation systems, no real estate ownership restrictions and less than an hour timeline for real estate registrations, Georgia is all set to be the next big thing in terms of real estate growth.

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Natural Beauty

For nature enthusiasts, seclusion-lovers and those who have a sophisticated yet minimalist approach towards life’s finest things, Georgia is the go-to destination for residential, business and commercial purposes. Nestled amidst lush green surroundings, perfectly-scaped mountain terrains and several world-famous lakes and waterbodies, Georgia’s natural beauty is incomparable. 

While natural aesthetics has been the primary driving force for Georgia’s growth potential, urban and classic residential and commercial properties with cutting-edge amenities and accessibility to popular destinations add to the charm of Georgia’s ways of life.

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FREQUENTLY ASKED QUESTIONS

Outlook forest is a premium luxury residential development and hotel complex project in the famous Krtsanisi administrative district of Georgia by the York Towers visionaries. Krtsanisi, nestled in Tbilisi, stands as a diplomatic and historic district. Steeped in rich history, this area has witnessed pivotal moments and hosts diplomatic missions. Its cultural significance, marked by historic landmarks, adds to the charm of Krtsanisi, making it a distinctive and revered part of the Georgian capital.   The eco-friendly luxury residentials can be perfect for those looking to redefine their ways of life and opt for a more secluded, peaceful and natural environment while still maintaining a proximity to Georgia’s capital - Tbilisi. Travelers with a business intent can find the best hotel complex in Outlook Forest to experience Georgian hospitality. 

Yes, Outlook Forest eco-friendly residences in the Krtsanisi region enjoy a close proximity to Tbilisi, the current capital of Georgia. Residents at Outlook Forest and non-resident travelers can easily commute to hotspot destinations and signature experiences - from guided wine tours in Saduni to Rustavi international motopark to Focus Mokus thematic entertain park, East Point and much more. 

While Tbilisi has a plethora of accommodation options, for a nature-inspired stay, you can opt for the premium hotel complex in Krtsanisi at Outlook Forest with 470 hotel rooms with terraces. Perched approximately 600m above the sea level, you get some of the stunning natural views and enjoy the rich cultural and culinary heritage of Georgia too.   

Georgia provides attractive investment incentives for real estate projects, fueled by the country's robust economic growth. With the real estate market flourishing, especially in districts like Mtatsminda, Vake, and Nadzaladevi, investors benefit from substantial year-on-year growth rates. The country's projected 6.64% market growth from 2024 to 2028, reaching a volume of US$257.20 billion, indicates sustained opportunities. The average price per square meter in Old Town (Mtatsminda) is estimated at $2,000 – $2,500, showcasing the market's potential for lucrative returns. Georgia's impressive economic recovery, boasting a 10.4% growth in 2021 and continued GDP expansion, reinforces its appeal as a rewarding real estate investment destination.

The Outlook Forest project is projected to offer exceptional historical investment performance, particularly given the value appreciation history of Krtsanisi, a top-performing district with a staggering YoY growth of 94% in transactions as per TBC Capital. Tbilisi's overall real estate market has thrived, witnessing a 33.7% increase in housing transactions and a 27.6% YoY rise in sales prices to $1,040 per sq.m in 2022. Despite pandemic challenges, 2018 recorded unprecedented growth in residential real estate sales. Projections indicate robust market expansion in 2022, fueled by a 5.5% and 25.5% YoY increase in new and old apartment sales in the capital. The positive trajectory aligns with Georgia's resilient economic recovery, boasting a 10.4% growth in 2021 and consistent GDP expansion in 2022. 

Outlook Forest's potential for sustained appreciation is driven by several key factors. The strategic location in a rapidly developing area, coupled with meticulous urban planning, positions the project for continual growth. Proximity to essential amenities, upcoming infrastructure projects, and a commitment to sustainable development further contribute to the property's long-term value. Additionally, our dedication to creating a vibrant community, coupled with top-tier facilities and amenities, enhances the overall lifestyle, making Outlook Forest an enticing investment with the promise of enduring appreciation over time.

The real estate market in Tbilisi has shown significant growth. According to the Global Property Guide, Mtatsminda district witnessed a remarkable year-on-year growth of 20.6% in flat prices in Q3 2022.

The real estate market in Georgia is expected to grow by 6.64% from 2024 to 2028, reaching a market volume of US$257.20 billion in 2028.  

As of August 2023, the average price per square meter in the Old Town (Mtatsminda) was reported to be in the range of $2,000 – $2,500.

The growth in the real estate market is in tandem with Georgia's robust economic recovery. The country experienced a notable economic growth of 10.4% in 2021, with a real GDP growth rate of 14.9% in Q1 and 7.1% in Q2 of 2022.
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