Useful information about Batumi and Georgia
The advantages of real estate in Batumi
Among all the Black Sea resorts of Georgia, Batumi occupies a special place. By purchasing real estate in this city, each investor makes a profitable and reliable investment. The price of housing in this region is increasing by 20-30% every year. Buying a property in Georgia does not incur any additional costs in the form of tax.
The hospitality of local residents attracts thousands of tourists to Batumi in each holiday season, so the presence of an apartment or a house here will be a great way to earn money by renting a house. In addition, if you buy real estate for more than $ 35,000, the country's authorities will provide the newly-made owner with a residence permit, and after several years of residence, you can apply for Georgian citizenship.
Customer reviews that invested money in the purchase of housing in Batumi claim that it will be possible to return the spent amount in 3-4 years, depending on the rental price. Documents for real estate in Georgia can be issued in one day, and for a small surcharge, the opportunity to purchase turnkey & laquo; apartments & raquo; renovated and furnished. There is no risk when investing in real estate, especially if it is not a question of housing at the construction stage.