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Apartment 85 m² - street Mezgvaurta, Chakvi

Price: $ 75 700

ID 1222

Created: 05.02.2019

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About the apartment
Total area, m²: 84.98
Layout: separate
Condition: after builders
Furnishings: unfurnished
Bathroom: adjacent
Number of bathrooms: 1
Number of balconies: 1
Natural gas: yes
Heating type: centralized
Windows type: metal-plastic
Walls type: monolithic
Elevator: 2
Rooms: 3
Floor: 4
Stories: 11
  • City: Chakvi
  • Located on the intersection of: street Mezgvaurta- street Mezgvaurta
  • to the airport: > 10 km
  • Distance to the sea: 0 - 200 m
  • View: sea view
  • to the old city: > 10 km
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Useful information about Batumi and Georgia

Profitable business

Batumi & mdash; one of the most popular resorts located on the Black Sea. Vacationers from all over Georgia and neighboring countries come here, and investors from Europe and Asia prefer to invest in the development of local business.

The city is constantly growing, developing, improving service and infrastructure. For this reason, buying property in Batumi this is a profitable investment, which can give you your own corner for an annual summer vacation or a constant source of profit if you rent housing to tourists and guests of the city.

5 reasons to buy an apartment in Batumi

Since the time of the Soviet Union, the Georgian resort has been very popular. Many years have passed since then, but the city still & laquo; holds the brand & raquo; attracting the attention of guests with a high level of service, security, a large number of places for recreation or entertainment.

Buying an apartment in Batumi has several advantages that make the acquisition extremely profitable:

The annual increase in property prices is 10-25%.
For several years, Georgia has been leading in the ranking of favorable business environment, which affects the attraction of foreign investment and the registration of new companies.
The buyer does not pay a lot of taxes common for European countries. There is no real estate tax in Georgia, which in neighboring states amounts to 10% of the market value of an apartment. This reduces maintenance costs.
Property registration does not exceed four days, so you do not need to spend several weeks waiting, breaking away from other matters.
Foreign investors buying property in Batumi receive a permanent residence permit in the country.

For these reasons, investing in real estate is highly liquid. For Georgia, the refund time is only 4 years, when for European countries the indicator approaches 10-15 years.

If you plan to purchase an apartment in Batumi for subsequent rent, this will allow you to make a profit all year round. In summer, thousands of tourists come to the city who want to admire the beauties of the resort, visit the sights, appreciate the hospitality of the local population. In winter, the attention of guests switches to legal casinos, trips, excursions or visits to the neighboring ski resort.

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