Useful information about Batumi and Georgia
Is it profitable to invest in Batumi real estate?
This city is beautiful, it is amazing. I would like to live here forever or at least return here again and again. It is not surprising that Batumi is one of the most visited places in the world.
Tourists are attracted by:
warm sea and clear mountain air;
dozens of casinos that operate completely legally;
delicious food and excellent wines;
rich historical heritage;
achievements of modern architecture;
wonderful corners of nature.
Apartment by the sea buy or not?
Vacationers come to the capital of Adjara in winter and summer to spend an interesting weekend or their annual vacation. All these people need to live somewhere, so the demand for real estate is constantly growing. The popularity of the city as a tourist destination caused a real construction boom new skyscrapers are being erected, hotel complexes are opening.
On average, housing in the city rises in price by 15-30% every year, while its cost, even in new buildings, remains somewhere at the level of provincial towns in Russia. Having spent a relatively small amount, you can buy an apartment near the beach, created by a unique project and immediately lease it to recoup the costs.
Having invested in Batumi real estate, investors can be sure that their property will bring a steady income. And if necessary, you can always sell it profitably!