Useful information about Batumi and Georgia
Acquisition of real estate in Batumi: a sunny city for business and life
Georgia is one of the most promising areas for investment in real estate in Europe. For life and doing business, foreigners most often buy housing in Batumi. Potential buyers are attracted by affordable cost, high profitability, new buildings and infrastructure facilities.
The advantages of buying an apartment in Batumi
This city is famous not only for its wonderful climate and cultural heritage. Why is it worth buying property in Batumi:
developed infrastructure;
no property tax;
operation of a simplified registration system for commercial and residential facilities;
development of the tourism sector;
the growth of the real estate index (an annual increase of 20-40%);
simplicity of the procedure for obtaining a residence permit.
Batumi This is a popular resort with amazing nature, huge beaches and healing air. In addition, the city is famous for its architecture and unique national cuisine. Therefore, every season, which lasts from May to October, tourists come here from all over the world. The property owner can rent it to vacationers and have an income of 6-10% per annum.