What are 7 simple reasons to buy an apartment in Batumi named by residents of the city?

The real estate search platform GEOLN.COM provides statistics on the reasons for the acquisition of real estate in Georgia by non-resident citizens.
Published at 08/07/2022

The real estate search platform GEOLN.COM provides statistics on the reasons for the acquisition of real estate in Georgia by non-resident citizens. Today we will highlight the main advantages that users of the service told us about.

What are 7 simple reasons to buy an apartment in Batumi named by residents of the city? — Advices from experts and reviews of real estate on GEOLN.COM. Photo 1

This is Georgia ...

Georgia is a beautiful country. A special flavor is present in everything here: lifestyle, attitude towards guests, traditions, culture, and absolutely stunning nature. Crystal clear air, about which they say: “It can be spread on bread”, it prolongs life, in fact, this is evidenced by the data of the World Health Organization: the average life expectancy of men is 74.4 years, women - 78.3 years.

Water is the source of life!

Georgia is lucky in the sense that it has the purest water in springs, rivers and lakes; almost Borjomi flows from a tap. Over the past decade, the topic of ecology, environmentally friendly food products has been relevant all over the world. In Georgia, products are grown naturally without chemical interventions, and besides, their cost is very affordable. Food, clear waters, a unique microclimate and much more attract more and more people to visit and subsequently stay in this hospitable, wonderful country.

What are 7 simple reasons to buy an apartment in Batumi named by residents of the city? — Advices from experts and reviews of real estate on GEOLN.COM. Photo 2

There are enough reasons for visiting Georgia and buying a home there, let's look at some of them:

  1. Georgia is the safest country in Europe. According to EU experts, the crime rate is very low, and the population's trust in the local police is high. The low crime rate and the ease of doing business have positively affected the country's investment image, as well as the development of tourism.
  2. Citizens of 94 countries can enter the country on a visa-free basis and have the right to stay in the there throughout the year.
  3. No real estate tax; the purchase of real estate provides for a residence permit. And even more reasons to buy an apartment in Batumi.
  4. The active growth of the economy indicates a growing market, the development of the country; the annual capitalization is 15% per annum for real estate.
  5. The dynamic development of the country's economy, structural changes, contribute to progress in other sectors, on which much depends in the life of the country and its prospects. The economic development of society is a multifaceted process covering all spheres of economic activity. The compound average annual GDP growth rate over the past 5 years, from 2011 to 2016, reached 4.9%. Georgia will maintain steady growth in the coming years. Here are the data on the main criteria for the convenience and ease of doing business in Georgia http://russian.doingbusiness.org/data/exploreeconomies/georgia
  6. Worldwide, tourism is growing annually by 2%. In Georgia, compared to last year, the figure increased by 15%. This indicator is constantly growing and contributes to being another important criterion for purchasing an apartment in Batumi. The growing flow of tourists indicates that you can earn extra on real estate by renting it out. Earlier we talked about what nuances you need to consider when purchasing commercial real estate in Georgia.

In this article, we have provided important facts that will help you in making a decision about buying an apartment in Batumi. But there are still many factors such as

  • personal attitude to the country,
  • interest in the people,
  • acceptance of peculiarities and cultural traditions,
  • and much more.

In conclusion, we note that Georgia is a wonderful country for life. Having seen it, it is impossible to remain indifferent!

Free visit to Georgia - a special service from GEOLN.COM

GEOLN.COM service allows you to visit Georgia for free on a real estate tour of new buildings. With the help of our search technology and unique filtres, it is possible to find the property you want to buy and add it to the list to visit on the tour.

Especially for you, we form a tour program that will include a meeting, transfer, hotel accommodation, sightseeing tours, sightseeing and visiting new buildings for purchase. Both individual and group tours are available. See details on the page https://geoln.com/ru/tour

Allow yourself the joy of visiting the most hospitable country. We will take care of your vacation and profitable investment in real estate.

  (c) GEOLN.COM Team

Diana Kabakci

The leading expert of the real estate market in Georgia
Education: MBA
Sphere: Real estate / Investments / Lawyer
Consultations made: 250
Expert on countries: Cyprus, Georgia, Kazakhstan, Poland
Known languages: Russian / Georgian / English / Turkish
Experience: 16 years
Expert publications: 681