the coronavirus pandemic had a negative impact on almost all sectors of the
economy, demand for land plots in suburbs
increased keeping the prices stable.
is supply in various price segment on
the market - the price depends on factors such as the proximity of the land
plot to the main transport arteries,
public transport stops, the state of infrastructure in the district and uninterrupted
supply of electricity, gas and water.
cost of the land plots in the most prestigious districts starts at $ 6 and ends at $ 100 per square
statistics on the site of free ads ss.ge also shows a growing demand for
suburban land plots - as it turned out, in March 18 126 people watched the ads
for the sale of land, in April - 22 051 and 25 994- in May.
the words of the head of the real estate agency modern real estate and the head
of the Georgian Real Estate Association Nata Modebadze, the pandemic has significantly increased demand for this land.
interviewed real estate companies and private brokers and the study showed that the demand for land
outside the city has really grown. If before the pandemic, 10 people in a week asked
us to help buy a land plot, now their number reached to 100, ”she explains.
the same time, demand for land plots for construction in large cities has decreased
as developers cannot predict how the
situation will develop and refrain from buying the land.
demand for agricultural land has also grown due to the COVID-19 outbreak as many want to have
their own land plots to grow products for their own consumption in case of
shortages,” Nata Modebadze notes.