Useful information about Batumi and Georgia
Real estate in Batumi: selection rules
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In recent years, investor interest in real estate in Batumi has increased significantly. This is facilitated by a rapidly improving standard of living, a high safety index, affordable housing prices and excellent climatic conditions. People come to work in Batumi, constantly live, do business.
When choosing a home, it is important to consider a number of points:
district features (availability of shops, social facilities, remoteness from public transport)
condition of the house
apartment layout
number of owners
Registration of real estate ownership by foreigners is carried out on special conditions. There is a preferential tax rate, an accelerated procedure for submitting documents, and the possibility of buying on credit. Moreover, residents of other states have the right to apply for a residence permit if they have invested more than 30 thousand dollars in Georgian real estate.
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Apartments in Batumi are often purchased not only for personal use, but also for renting to tourists. Travelers come here all year round, and in winter, life in the city is no less eventful than in summer, at the height of the beach season.