Property Investment Company Batumi: 6 Best Investments

Discover Property Investment Company Batumi Georgia That Delivers Results

Due to the country’s rapid economic growth, foreign investors are attracted to Georgia. This is because the country’s favorable living environment and business environment are ideal for individuals who are looking to make a quick buck.

Due to the city’s well-developed infrastructure, the real estate market in Adjara has been experiencing a boom. This is because the construction of new buildings has increased in the central areas of the city. Entrepreneurs and tourists are also contributing to the country’s growing real estate market.

The rising prices of real estate are also contributing to the increasing number of tourists visiting the city. This has led to a huge increase in the number of people who are looking to buy a home in Batumi. Right now, the average cost of a property in the city is around $800 per square meter. However, it is expected to increase by around 15% in the next year.

Testimonials

What mass media say about the attractiveness of Batumi for tourists and investors

BBC -Black Sea city aims to be ‘Las Vegas of the Caucasus’ Batumi: One Square Mile of Georgia
Forbes 24 Hours in Batumi Benefits of owning a property in Batumi

Due to the high demand for real estate in the city, it is easy to predict the profits that will be generated by renting out your property in either the city center or coastal areas. According to homeowners, the full payback period for their property is only around 5-6 years.

6 Reasons To Invest in Batumi

International Casinos

One of the countries that allows gambling is Georgia. This has led to the increasing number of people visiting the city and playing at the various casinos in Batumi. It is regarded as the “Las Vegas of Georgia.”

Black Sea Beach Vacation

The swimming season in Batumi is from May to October. During this period, the city’s beautiful beaches and warm sea provide the ideal environment for tourists. The high season for this activity is from July to August.

Positive Business Climate

The country’s low taxes and lack of corruption are also contributing factors to the increasing number of foreign investors in Batumi. This is because the country’s business environment is very easy to operate.

Safe Place To Live

A survey conducted by GALLUP World revealed that Georgia is one of the safest countries in the world when it comes to security. This is significantly different from other resort areas in other countries.

Quick Real Estate Deals

Getting the necessary documents required to officially own a property in the Black Sea coast can be done in just around 1 day. This is because the deal can be done remotely.

Low Maintenance Expenses

In terms of apartment maintenance, in Georgia, it is cheaper than in other CIS countries. Also, the quality of service provided by real estate companies in the country is very high.

Buying under-construction real estate: Tips from experienced investors

Stable annual income of 10% and more investors
Full payback in 5-6 years to investors
A deal is closed in as little as one day for investors
High rental demand investors
Minimum maintenance costs investors
Obtaining a residence permit in Georgia Batumi is your new direction for profitable investments

Another advantage of buying under-construction real estate is that it is cheaper than buying a property that’s already moved in. This strategy is also beneficial for investors due to the low risk involved in investing in this type of property. Builders in Batumi are very committed to completing projects on time, which makes this type of investment a no-risk choice.

It is also very profitable to rent out your property in Batumi all year round. The city’s beautiful beaches and the magnificent views of the mountains provide the ideal environment for tourists. During the winter season, the capital of Adjara is a popular gambling destination.

The rising cost of real estate in Batumi has also attracted many investors. In just a year, you won’t be able to find an apartment in the area that’s priced at around $420 per square meter. By investing a small amount of money and selling it in two to three years, you can earn a profit of around 70%.

One of the most important advantages of investing in coastal property is that it can provide you with a monthly passive income. This type of investment doesn’t require a lot of effort on your part, and you can easily rent out your apartment while you’re away. You can also get a residence permit in Georgia if you’re planning on investing in this country.

If you’re planning on establishing a business in Georgia, investing in real estate can provide you with the necessary groundwork to succeed. Even if you’re not familiar with the area’s real estate market, this strategy will allow you to start building a successful business.

TOP 5 REASONS TO INVEST IN BATUMI REAL ESTATE

Stable & Developing Market

The laws in Georgia protect foreign investors in the country. Due to the country’s rapid growth in both tourism and population, the region’s real estate market is expected to continue developing.

2. Georgian-EU Relationship

The relationship between the European Union and Georgia has also improved since the two countries signed an Association agreement. This agreement allows companies in the country to access the European market.

3. Low Taxation

In addition, Georgia has some of the lowest taxes in the region for foreign investors. The country’s constitution also states that it can only increase its tax rates through a referendum. This means that foreign investors in the country enjoy some of the lowest tax rates in the country

4. Low Property Prices

The average price of a fully finished property in Batumi is less than $1300 per square meter, making it one of the most affordable places in Europe. In some cases, you can even buy a modern property for less than a thousand dollars

5. Good Return on Investment

Proprietas, a property investment company Batumi, has experienced a steady increase in its annual return on investment due to the company’s consistent performance. Through the company’s rental income and the growth of its resale prices, it has been able to generate an average annual return of over 20%.

Real Estate Investment in Batumi Property

The country’s economy depends on various factors, such as the growth of its real estate market. This is why it’s important that investors in the country take advantage of the opportunities that the market has to offer.

One of the most important factors that the country’s economy depends on is the availability of foreign investment. This is because foreign investors are vital to the country’s development. Due to the country’s competitive nature, it’s very important that foreign investors are attracted to the country.

The country’s favorable business environment is also one of the main factors that foreign investors consider when it comes to investing in the country. Aside from its stable political situation, the country’s natural resources, low taxes, and skilled labor are also some of the factors that attracted foreign investors.

It has become fashionable to have a vacation in Georgia – statistics confirm.

The number of tourists visiting the country has increased significantly over the years. In 2017, about 7.5 million people visited the country, which is two times more than the number of people in the country. The number of people who stayed in the Adjara region has also doubled in the past couple of years. If in 2015, about 960 thousand tourists visited the area, then in 2017, there were already 1.63 million.

It is estimated to have just over 4 million tourists in 2022. The pandemic had really restricted tourists numbers but it seems to be rebounding now.

Due to the increasing number of tourists, the city of Batumi has become one of the most prominent tourist attractions in the Black Sea region. In response to the increasing number of visitors, the government has started to develop tourism in the area. This has led to the renovation of various types of real estate in the city.

Investment in Batumi is distinguished by the abundance of real estate properties

The city’s modern architecture and the abundance of apartments and buildings make it an ideal tourist destination. In 2019, an organization that focuses on hospitality science named Batumi as its best tourist destination in Eastern Europe.

One of the most challenging factors when it comes to investing in the tourism industry is finding an investor with the necessary funds to build a new hotel. Fortunately, Georgian developers have realized that it’s possible to build a joint venture. A large hotel can have several owners, each of whom owns at least one room.

Apart-hotels Idea Worked – It Started A Construction Surge in Batumi!

Due to the increasing number of tourists, the city has become one of the most prominent tourist attractions in the Black Sea region. Most of the new buildings that are being constructed are aparthotel-type complexes. These types of buildings are usually rented out to tourists on a daily basis.

Most of the time, foreign investors are the ones who buy real estate in Batumi. For instance, the Orbi Group, which is one of the leading real estate companies in the region, has clients from over 70 countries. Due to the high income level of foreign nationals, as well as the cheap prices of Georgian real estate, many of them are from Western Europe, Israel, and the Middle East.

The hotel room sold to the investor in full ownership.

One of the most common types of real estate investment that foreign nationals can make is by purchasing a fully-fledged apartment. This type of property includes a bathroom, a kitchen, and a swimming pool. If the property costs more than 300 000 GEL(about $100 000 USD) the foreigner can apply for a residence permit.

There Are Two Ways To Invest in Batumi.

One of the first steps is to get a property investment company Batumi to buy the property. The second step is to give the property’s management company a phone number. This company will then take care of all the details of your rental property.

If the property is owned by a professional management company, then the owner’s friends or family can still enjoy the room. However, it’s important to note that the visit should be arranged in advance.

Batumi is a beautiful seaside town in the Black Sea. It has become an amazing example of how the recovery from Russian occupation can happen.

The local real estate market has become very stable. Due to the low entry barriers and the high rental returns, the average profitability of established resorts has been significantly lowered.

Although there are risks associated with investing in real estate in Batumi, it’s important to keep in mind that the projects will need to be completed in the next five years to accommodate the increasing number of tourists.

If you’re not planning on investing in the tourism industry, then buying real estate in Batumi is a great option. It’s very affordable and provides you with the opportunity to own your own home on the Black Sea.

We at the Property Investment Company recommend that investors go to Batumi and see the amazing phenomenon that it has to offer. Due to the rapid pace of construction, the market for under-construction properties has become very popular.

Conclusion: Why Use A Property Investment Company Batumi?

Using a property investment company Batumi can solve a lot of issues for you. There is a lot of construction going on in Batumi and its hard to decide which project to buy a room in.

Once you have selected your room a property investment company Batumi can manage your room for you while you are out to the country.

Proprietas Property Management has been buying and selling vacation properties in Batumi for over 20 years and doing rental management for almost as long.

Give us a call today or send us an email to learn about the vibrant real estate market in Batumi Georgia.