Multiple reasons that will persuade you to buy apartments in Batumi, Georgia
Investing in foreign countries is a smart option to increase fortune. Each foreign country has its advantages and disadvantages. Among these countries, Georgia is prominent because of the free and transparent atmosphere. Georgia is 7th among 190 countries in the World Bank Doing Business 2020 ranking. That’s the reason for the high demand on apartments in Georgia.
Batumi is the second-largest city in Georgia. It’s the center of the region and known for its touristic potential and harbor, which is playing an important part in Georgian economy.
In this article, we will uncover why you should buy Apartments in Batumi and what advantages it has.
Center of region
Batumi is one of the oldest cities in Georgia. It has always been distinguished by a favorable natural and strategic location. After the construction of the Baku – Batumi railway system in 1883 and the reconstruction of the Batumi harbor, the city Batumi became one of the most important sea terminals along the Black Sea coast.
The strategic location has always been a reason for global empires to conquer Batumi. Because of many empires and cultures, Batumi’s architecture is very unique, with Soviet, contemporary, novelty, and modern styles.
Since Batumi is usually called “the Las Vegas of the Black Sea”, the city is the region’s tourist and gambling capital. A regional party hub, Batumi has a vibrant nightlife, hosting increasingly big-name international DJs and pop concerts. In the last 5 years, Batumi has seen Snoop Dogg, Lauryn Hill, Macy Gray, Jamiroquai, Robert Plant, Maroon 5, etc.
Batumi is located on the coast of the Black Sea in Georgia’s southwest. It is situated in a subtropical zone at the foot of the Caucasus. The boulevard and the city itself are full of palm trees. There is also one of the largest botanic gardens in the Caucasian region. All these details give you a chance to buy real estate on the black sea coast with magnificently beautiful nature.
Although the city’s advantage is, Batumi apartments at the best prices. In the center of Batumi, you can buy comfortable apartments for under 40000 USD. The price range is very wide. There are Apartments in Batumi for 700$ per square meter in suburbs as well as for 1200$ in the center. Of course, the location and the quality of the property affect its price greatly, It all depends on your priorities: may it be apartments with sea view, or with other advantages.
Take into consideration that buying apartments in Batumi at an early stage of construction can save you a fortune. When the house is completed and connected to all the utilities, the price is rocketing.
Incredible renting possibilities
Apartments in Batumi can be a way to earn money. Renting flats in Batumi is a very demanding service and mostly has 2 types of customer: People on business trips and tourists.
People on business trips usually go to Batumi because of its harbor and importance: Batumi is the largest city in west Georgia. Georgia is a beloved place for tourists. The number of visitors is rising year after year and in 2019 was above 8 million. They are the main lessees. One of the major parts of touristic locations has Batumi. The city is a favorite sea resort for Georgians and foreigners as well.
Every year hundreds of thousands of people are visiting and renting apartments in Batumi which is one of the reasons why you should start searching Batumi apartments for sale.
Tourism from all over the world and all year long
Batumi is a sea resort but lately tourists also like to see snowy Batumi in winter. You won’t have the ability to swim, but Batumi apartment with sea view is as important in winter as in the summer: There is nothing more beautiful than seeing white Batumi and it can be another motivation for you to start searching for apartments for sale.
As we already mentioned, Batumi is the region’s tourist and gambling capital. That’s the reason why there are so many world’s largest hotels: Sheraton, Hilton, Radisson, Kempinsky, Marriot, Wyndham, LE Meridien, etc.
Even if you are worried about climate changes there is one very important piece of news: There are new anti-hail and anti-rain systems installed in Batumi, which will guarantee dry summer and sunny weather. So even the rainy days are no longer an issue.
No bureaucracy quality of public services
Buying Batumi apartments is very easy. The process of purchasing the real estate in Georgia is fast and transparent. Georgia is 7th among 190 countries in the World Bank Doing Business 2020 ranking.
Property rights are registered at the House of Justice or via an agent, which can be a bank, a notary public, or a realtor. The registration process takes between one and four days only. The amount of the state duty that you choose to pay has a direct bearing on the speed of property rights registration:
- 50 Gel — 4 business days;
- 150 Gel – 1 business day;
- 200 Gel – the property rights are registered on the day of application.
These are multiple reasons why you should consider searching for apartments for sale right now. Buying property in Batumi is a great investment and privilege as well. It can be a way of making money and a place where you can enjoy yourself.