ELT Group: Redefining Investment Real Estate in Georgia
Georgia’s real estate landscape is undergoing a massive transformation, with ELT Group leading the charge as one of the country’s fastest-growing and most dynamic property developers. By shifting the market focus from traditional residential construction to highly structured, revenue-generating investment products, ELT Group is redefining how local and international investors view Georgian real estate.
With over 3,700 apartments sold and more than $200 million in sales generated to date, the company's rapid growth reflects deep market trust and a clear strategy: creating real estate that performs.
The Power of Branded Residences & Professional Management
At the core of ELT Group’s success is a simple yet vital philosophy: real estate acts as a true investment only when managed professionally. Rather than just constructing buildings, ELT Group builds a complete ecosystem—integrating development, long-term operations, and revenue generation under one roof.
Specializing in hotel-style apartments and branded residences, the company collaborates with world-renowned hospitality leaders, including:
- Wyndham Hotels & Resorts
- Barceló Hotel Group
- IPM (International Property Management)
The 10-Year Commitment: A Competitive Edge
What truly sets ELT Group apart in the Georgian development sector is its long-term operational model. ELT Group remains actively engaged in property management for at least 10 years post-completion. This long-term commitment guarantees high occupancy rates, operational efficiency, and consistent, stable returns for property owners.
Connecting Global Investors to Georgia’s Growing Market
Today, ELT Group acts as a strategic bridge between international investors and high-yield local opportunities. By introducing world-class hospitality standards to Georgia, the developer is actively positioning the country as an emerging top-tier destination for global capital.
Key Leadership:
- Founder: Elguja Turmanidze
- CEO: Mamuka Makharadze
Vision for 2026: Large-Scale Expansion Across Georgia
ELT Group enters 2026 with an ambitious roadmap, expanding its footprint across Georgia’s key economic and tourism hubs—Batumi, Tbilisi, and Kakheti.
Batumi Developments
- Occidental Batumi: A fresh international collaboration in partnership with a leading Spanish hospitality group. This project seamlessly combines a luxury hotel with branded residences.
- New Multifunctional Hubs: Two major new multifunctional developments are scheduled to break ground in Batumi by the end of 2026.
Tbilisi Expansion
Capitalizing on rising demand in the capital, ELT Group is initiating two flagship projects in Tbilisi during 2026:
- A premier development located on the Left Bank of the Mtkvari River.
- A high-end residential complex near the U.S. Embassy.
Both projects will feature international brand partnerships throughout the entire development lifecycle.
Innovation in Kakheti
By the end of 2026, ELT Group will launch a unique hospitality and residential concept in Kakheti, introducing infrastructure, premium services, and lifestyle amenities never before seen in the Georgian wine region.
As ELT Group continues its aggressive growth trajectory through 2026, it remains a dominant force for investors seeking secure, turnkey, and high-yield real estate assets in Georgia.



