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The sales rate of yachts in Georgia is a record. The main demand is for medium-sized yachts, varying from 10 to 15-16 meters. The price starts from 150 thousand euros and it is determined by the model and specification of a yacht. It should be noted that the first re-export of yachts from Georgia was recorded this year and it was sold in a neighboring country.
Giorgi Chikvaidze, the Head of the representative office of the yacht importing company "Azimut Yachts Georgia", stated that yachts are mainly bought by locals in Georgia.
"Most of the buyers, 99%, are Georgians, which makes us very happy, because the development of this industry will bring us great success. As for the competition, I don't know if it's bad or good, but so far, we are the first company that started developing this field and bringing the yachting industry to Georgia. Nowadays, Georgia is at the stage of development that the more companies appear, the better it is for us in order to emerge the competing companies to compare with," - Giorgi Chikvaidze explained.
To be informed, Azimut Yachts is an Italian yacht manufacturing company, which has a branch in Georgia since 2017.
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One US dollar trades at GEL 2.7172
09/07/2025