Useful information about Batumi and Georgia
9 reasons to buy property in Batumi
Developed infrastructure, fresh healing air, beautiful nature, legal & laquo; living & raquo; casino, swimming season from May to October and ski holidays in winter not the only virtues of Batumi, the city of the sun, love and skyscrapers.
Choosing Georgia (and Batumi in particular), you get at least 9 serious advantages:
Profitable investment. A square meter is estimated at $ 350-3000. The cost of finished real estate is growing at an average of 25-35% per year.
No additional costs for the purchase. Unlike European cities, in Georgia there is no compulsory insurance, notary fees, legal fees. In Europe, these costs, as well as VAT, consume more than 13% of the transaction amount.
No property tax. Homeowners in Europe annually pay taxes, reaching up to 3-5% of the value of the property.
Simple entry into ownership. The registration will require a maximum of 2-4 days (but you can also day to day), and not 20-40 days, as in Europe, and only $ 30-120.
Modest utility bills. An average of $ 600-800 per year!
Living in a native environment. 90% of the population of Batumi speaks Russian.
The right to a residence permit. To apply for a permanent residence permit, it is enough to buy real estate or invest $ 35,000 in it.
Hospitality. The famous Caucasian hospitality invariably delights city guests.
Opportunity to rent housing. Tourists are attracted by both summer and winter vacations in Georgia. Citizens of more than 40 countries can stay in the country without a visa for 90 days.
The Black Sea resort is popular with tourists and is undoubtedly interesting to potential buyers of apartments, townhouses and cottages. Common practice in Batumi purchase of two apartments at once on credit: while one is leased and & laquo; pays & raquo; installments, in the second the owners live.