Useful information about Batumi and Georgia
Investing in foreign real estate - benefits of Batumi
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Today, many experts agree that the purchase of real estate in Batumi on the Black Sea is a profitable investment. This is due to the fact that the modern metropolis is developing rapidly, and from the usual port city it has also become the economic center of the country, a tourist mecca and a vacation spot. Even many foreigners are trying to buy real estate here. Particularly popular are apartments of different classes, in second place are houses and in third building plots.
This city has become popular thanks to:
a good economy and numerous business centers where important contracts are concluded for the whole country;
good environmental conditions, historical sights, resort area and tourist routes;
low cost of apartments ranging from economy class to premium segment, a large selection of offers for every taste and budget.
Even any foreigner can buy real estate here, and if its price is more than 35 thousand dollars, then he automatically receives a residence permit in Georgia. In addition, if you do not use the apartment for a long period, you can rent it to other visitors, and this is a good plus to the budget. That is why many investors are buying dozens of apartments in Batumi and making good money on them.