All three activities
Eric Fankhauser
FFI partner · Strategic consulting · Advisory Board
Swiss entrepreneur based in Tbilisi. More than 25 years of experience, including over ten running his own company.
LinkedInFFI · Real Estate Asset Management
FFI, the leader in Georgian real estate investment
With FFI, the company I run with my partners Adrien Boucher and Léo Lawless, we have already supported more than 1,000 clients and invest several million every month in the Georgian market on behalf of private investors, family offices and investment funds. Our strategy adapts to each client, their needs and their specific situation, with one goal: growing their wealth.
My company
FFI, tailor-made international investment
FFI is the international investment and wealth management advisory firm in which I am a partner. More than 15 years of experience, over 1,000 clients supported and 13 countries explored: property abroad, holding structures, cross-border taxation and banking support.
Discover FFI ↗What we do
A real estate asset manager, not just a seller
A successful investment is won across the whole chain: buying well, managing well, selling well. We master each step and stay at your side after signing — for arbitrage, sales and reinvestments.
- 01
Acquisition
Rigorous selection of developer, project and location. Access to pre-sales and negotiation of terms: price, discount, payment plan.
- 02
Management
Turnkey furnishing, short- or long-term letting, monitoring of income and maintenance. You receive your rent without handling the day-to-day.
- 03
Resale & arbitrage
Choosing the right time to sell, reallocating the capital gain and reinvesting in new projects: your wealth keeps moving.
Why we do it
Investing with our clients and supporting them throughout their investment
Our mission is simple: invest with our clients and support them for the entire life of their investment — arbitrage, sales, reinvestments — with the sole aim of growing their wealth over the years and across projects.
The market
Georgia in figures
7–10%
annual GDP growth
9%
average annual property appreciation (national average)
15%
average annual property appreciation in Batumi
10–15%
annual net yield on short-term rentals
0%
capital gains tax after 2 years of ownership
5%
tax on rental income
0
property tax or council tax
33%
public debt to GDP
The seaside resort
Batumi
Black Sea resort and booming tourist destination: a market driven by short-term rentals and strong capital appreciation.
The capital
Tbilisi
The country’s economic and administrative capital: structural rental demand, driven by growth, businesses and incoming expatriates.
Our selection criteria
Three filters before any recommendation
The developer
Financial strength, delivery track record, build quality and reliability.
The project
Design, amenities, rental management services and resale potential.
The location
Tourist or residential appeal, accessibility, surroundings and neighbourhood prospects.
Financing
Three ways to buy
100% payment
Paying in full at signing allows you to negotiate the best discount on the price.
Payment plan
A down payment at signing, then the balance in interest-free monthly instalments directly with the developer during construction.
Bank loan
A down payment at signing, then the balance financed by a Georgian bank at delivery: leverage working for your return.
Payment methods
Pay easily, wherever you are
Bank transfer
International transfer in USD, EUR or CHF, directly to the developer.
Cryptocurrencies
Payment in cryptocurrencies is possible for all or part of your purchase.
Bank account in Georgia
We help you open a local bank account for your payments and rental income.
Simulator
Simulate your investment
100% payment, payment plan or bank loan, rental or buy-to-resell: estimate the capital required and the return of your project.
Get the full details of your simulation
Enter your details to see the complete results. Your simulation is sent to us so we can refine it with you.
The team
Partners and experts at your side
Each activity is carried by a team. You benefit from complementary skills and a network built over years.
AB
Real estate investment
Adrien Boucher
Partner · FFI
Eric’s friend and partner at FFI, an international investment and wealth management advisory firm.
LinkedInLL
Rental management
Léo Lawless
Partner · FFI
FFI partner and rental management specialist: letting, tenant follow-up and optimising the income from your properties.
LinkedIn
A high-level network in Georgia
Government and institutional decision-makers, banks, lawyers, tax advisors and developers: relationships established at the highest level, working for our clients.
Frequently asked questions
Investing in real estate in Georgia
Can a foreigner buy property in Georgia?
Yes. Foreigners can buy an apartment, a house or commercial premises freehold, with no residence permit or local partner. The only restriction concerns agricultural land. The purchase can be completed remotely, by power of attorney.
How are rental income and capital gains taxed?
For an individual, rent from a residential property can be taxed at 5%. Capital gains on the sale of a residential property held for more than two years are tax-free.
Batumi or Tbilisi: where should I invest?
Batumi, the Black Sea resort, is driven by tourism and short-term rentals. Tbilisi, the capital, offers structural rental demand driven by the economy, businesses and expatriates. We build the allocation around your goals: yield, capital growth or personal use.
Can I finance my purchase with a loan?
Yes. Georgian banks also lend to foreigners, usually when the property is delivered. Developers often offer interest-free payment plans during construction. The simulator lets you compare all three options.
Who handles rental management?
Our partner Léo Lawless, a rental management specialist, handles letting, tenant follow-up and maintenance. You receive your income without managing day-to-day matters.
Why invest with FFI?
FFI is the leader in Georgian real estate investment: more than 1,000 clients supported and several million invested every month for private investors, family offices and investment funds. We live on the ground and tailor the strategy to each client.
Let’s talk about your investment project
Pick a slot: we will review your goals, your budget and current opportunities.