Useful information about Batumi and Georgia
Buying a property in Batumi
Batumi It is a resort town located on the Black Sea coast. The healing air and beautiful nature make tourists come back here again and again. Investing in resort town real estate is a pretty good investment.
Housing prices are increasing annually by 20-40%, so in the future housing can be profitably sold, or rented out to tourists on a regular basis at any time of the year and have a stable income. With the end of summer, the season does not end, because from autumn until January the sea is quite warm, so many tourists continue to swim and relax on the Black Sea coast.
Buying real estate in Batumi, the buyer does not bear any associated costs, as, for example, when buying a home in Europe. In Georgia, there is also no tax on the purchase of real estate, as in most European countries. Apartments in Batumi are relatively inexpensive, about 450-1,200 dollars per 1 sq. Km. meter. Unlike other resort countries and cities, real estate prices are optimal here, so buying a house is profitable and safe. Most of the apartments are built according to the latest and most modern projects with a unique architectural design, so Batumi can be confidently called a modern and dynamically developing resort.