Real Estate Investment In Batumi:
One Of The Best Places in Georgia
Real estate investment in Batumi is one of the best Georgian cities where investing. Reasonable prices and very high occupancy rates during the high season between May and September. But, we can see now that more and more international visitors visit Batumi, in Adjara, even in autumn and winter. It is a new trend. Batumi, little by little, becomes a 4 season destination. Ice on the cake, Georgia is one of the fastest-growing touristic destinations in the World.
Real Estate Investment In Batumi: The Main Drivers
Georgia’s liberal investment environment is a key factor for real estate investment in Batumi.
- Good return on investment: 8-13% and even more, up to 20% in some cases in Batumi, driven by tourism growth.
- The Property Tax rate is 1% maximum for legal resident
- There is no tax on capital gains once a real estate property is detained for more than two years
- Rental income tax is as low as 5%
For more info about the real estate environment in Georgia and Batumi, please read our article here.
Real Estate Investment Georgia Country Opens Up The Doors To Get A Legal Residency
The government offers Residency in Georgia Country to real estate investors through real estate investments. A legal residency offers very nice advantages for those who plan to live either medium or long term. There are two types of Residency through real estate investment in Batumi.
Real Estate Investment Georgia Country To Get 1-Year Residency
for those who own immovable property whose market price is above 100,000 USD equivalent in GEL.Read more about this 1-year Residency through real estate investment in Georgia Country.
Real Estate Investment Georgia Country To Get 5-Years Residency
Those who own immovable property whose market price is above 300,000 USD, equivalent GEL. Read more about this 5-year Residency through real estate investment in Georgia Country.
Real Estate Investment In Batumi: Buy With Cryptocurrencies.
More than anywhere else in Georgia, Batumi real estate developers are willing to sell real estate in exchange for cryptos. So it’s a good time if you have cryptocurrencies and are now looking for real estate investment opportunities in Batumi. Buying a real estate property with crypto-currency. Whether you want to buy an apartment for your personal use or for hosting to get rental income, Batumi could be a good place where to find the best properties in the most sought-after locations of this incredible seaside resort.
Do you want more info about a real estate investment through crypto? Please get in touch with our property consultants.
Do you want more general information about crypto’s legal environment in Georgia? It’s here.
What Are The Best Place For Real Estate Investment In Batumi Adjara?
Batumi is known as Georgia’s premier seaside city. Celebrated as the Las Vegas of the Black Sea for its vibrant nightlife, Batumi is an extraordinary city on the rise.
Old Batumi is now blending with the ultra-modern side of the city, where global hotel brands are rapidly expanding not only in Batumi but all along the northern coast in Kobuleti, Gonio, Kvariati, Sarpi, Chakvi, Anaklia, Ureki, Shekvetili, and Grigoleti.
These resorts, which attract millions of visitors and an ever-increasing international clientele in search of fun and entertainment, are the setting for the most exciting investment projects.
Real Estate Investment In Batumi: Investment In A Room Hotel In The New Holiday Inn
This New 36-storeys residential and hotel complex is located near the prestigious Sea Boulevard & the new UEFA Stadium. Your guests enjoy a 1500m2 shopping mall area – A casino, a spa center, a swimming pool, a Fitness center, a Georgian, a European, a Kosher restaurant, and a Café – Parking. It includes Concierge 24H service & Security & Video control.
A Professional Management
Holiday Inn Offers turnkey apartments with a ready-made full European renovation that includes high-quality furniture, equipment, accessories, and interior items.
Holiday Inn Management takes care of everything: rentals, bookings, technical maintenance, housekeeping, and guarantees a minimum of 8% yearly net.
Investment in a room Hotel in Batumi – Availability
- On the 19th Floor and 20th Floor, 58 apartments are for sale: forty-two studios and 16 with one bedroom.
- Price for a view of the sea and Alley of Heroes: Studio – 1725 $ / With one bedroom – 1700 $
- Price for the old town – Batumi views: Studio – 1675 $ / With one bedroom – 1650 $
- Minimum 28 sqm to Max 66 sqm.
- Total area 2176 sqm
- On the 29th Floor and 30th Floor, 58 apartments are for sale: forty-two studios and 16 with one bedroom.
- Price for the old town – Batumi views: Studio – 1775 $ With one bedroom – 1750 $
- Price for a view of the sea and Alley of Heroes: Studio – 1825 $ / With one bedroom – 1800 $
- Min 28 sqm and Max 66 sqm
- Total area 2176 sqm
- On the 34th floor,15 apartments are for sale. 11 studios and 4 with one bedroom.
- Price for the old town – Batumi views: Studio 1800$ / with one bedroom – 1825$
- Price for a view of the sea and Alley of Heroes: Studio 1900$ / With one bedroom 1925$
- 28 sqm to Max. 66 sqm
- Total Area 581 sqm
- + 220 sqm terrace at 800$ (total :176 000$)
- On the 35th floor,15 apartments are for sale. 11 studios and 4 with one bedroom.
- Price for the old town – Batumi views: Studio 1800$ / with one bedroom – 1825$
- Price for a view of the sea and Alley of Heroes: Studio 1900$ / With one bedroom 1925$
- 28 sqm Max 66 sqm
- Total Area 581 sqm
Real Investment In Batumi, Pros & Bonus Of Investing In Th New Holiday Inn Hotel.
8% net and Tax-Free guaranteed by Holiday Inn
You can get one or several apartments without any limitations.
Thirty days are reserved for you, your family, guests, and friends throughout the year.
Crypto and Cash payment are accepted.
Real Estate Investment in Holiday Inn Batumi : Our Opinion
A good location, good brand, good construction company and all in all, a good and serious project. The management is professional and reliable. Investing in room hotels has been a nice trend in Batumi for a few years. Hollyday Inn guarantees a minimum of 8% net income yearly. Investors can probably expect more in the coming years. Thanks to a progressive purchase policy, you can pay in cash or cryptocurrencies, and you have 30 days free for you, your friends, or new clients to improve the Return On Investment if you wish to. Well, this real estate investment in Batumi is quite good, ultimately.
If you have a question, please feel free to contact us. Happy Georgia will be pleased to provide you with our advice about this real estate investment in Batumi.
Real Estate Investment In Georgia, Other Good Place For Investing
Tbilisi is a key destination for tourists and business travelers. A well-connected destination, Tbilisi is the cultural, economic, and political center of Georgia Country. The city benefits from growing international, regional, and local visitors, and International Brand Hotels successfully operate in the city: Biltmore, Radisson, Tbilisi Marriott, Courtyard Marriott, Holiday Inn, Apart-hotel Citadines, Best Western, Mercure. Tbilisi remains a hot spot for real estate investment for Hospitality and Tourism.
Real Estate Investment In Winter Ski Resorts
The mountains of the Great Caucasus represent 80% of Georgia’s territory. The main mountain resorts of Georgia are Gudauri, Bakuriani, Mestia (in Svanetia), and Goderdzi (in Adjara). Most of the mountain resorts have 5-6 months of snow cover. The infrastructure has been considerably improved and developed in the last few years, attracting an international clientele. The ski resort sector is in development, very dynamic, and remains a good investment opportunity.
If you want to know more about good real estate options and real estate investment Georgia Country, don’t hesitate to contact one of our consultants.
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