New builds in Batumi for Sale

New build properties in Batumi, both on the first line at the Black Sea and in the city center began to appear as a result of demand both in the domestic market of Georgia and from abroad. Investors strive to buy real estate in Batumi in order to earn money for renting an apartment and relax on the Black Sea coast.

It is easy to find verified developers, projects and additional information on the real estate search engine GEOLN.COM. A client has to decide on the format, price segment and purpose of the purchase: for rent, for resale, for creating a real estate rental business or buy for himself. Before buying a home in Batumi, real estate market experts recommend seeking advice from lawyers and industry professionals. The third opinion in real estate is the popular service GEOLN.COM, which is provided by the main experts of the Georgian market according to Forbes. You can choose an expert for the desired request by going to the catalog of real estate market experts in Batumi.

Advantages of real estate in Batumi

Experts highlight the advantages of the Batumi market:

• Prices are fixed in dollars. This gives the investor protection of possible volatility processes in the rate of the national currency of Georgia.
• Growing tourist demand in the city
• Recognitions by international organizations (Doing Business, World Travel Awards, Forbes, CNN)
• Forbes included Batumi in the list of investment cities in Europe (Number 1)

Real estate prices in Batumi

It is important to consider that the formation of real estate prices in Batumi depends on the location of the construction site. So, the residential complexes located on the coast of the Black Sea cost up to $1200 per m2, whereas the projects closer to the city center and populated areas will cost less. There’s a separate segment called the Old city of Batumi. The prices there are higher, because of the nice sea view from the apartment. The new boulevard is popular among foreign investors who prefer new builds built in accordance with the new regulations in Batumi. Also, the new boulevard is attractive because of the close proximity to the sea, access to new infrastructure, a shopping center in the city, the sea, casinos and the neighborhood surrounded by only new builds.

Conditions of the apartment handover in residential complexes of Batumi

Apartments in Batumi from the developer are handed over to clients in different conditions. It is worth paying attention to this issue, because, for example, developers in Europe prefer to hand over fully furnished apartments with completed renovation, but in Georgia they practice such conditions of delivery as:

• black frame
• white frame
• fine repair without furniture equipment
• turnkey apartment

Please find out what some differences between the conditions of the apartment delivery in Batumi are by reading the author's review of the leading expert in the real estate market of Georgia - Diana Kabakci.

Ways to buy real estate in Batumi

Purchasing housing in Batumi is not a difficult task. Georgia’s Ministry of Justice, which registers the ownership of the apartment, works on blockchain technology. This means that property rights are securely stored in the decentralized base of the House of Justice. The same technology is used by government agencies in the United States and the United Arab Emirates. You can buy real estate in Batumi online, remotely or upon arrival. You can transfer funds to the developer or seller by a usual bank transfer. Leading construction companies also accept cryptocurrencies as a payment method. Contact lawyers who can protect the interests of the buyer professionally, check the contract for errors or inaccuracies. In Batumi, developers offer payment by installments.

Services offered by GEOLN.COM when buying real estate in Batumi

Real estate in Batumi from different developers is presented on the search engine GEOLN.COM. Using this website, everyone can find not only primary objects, but also apartments from owners in Batumi on the secondary market. The site's features will help you find verified offers. Regional filters, catalog, map of new homes, sorting functions, lists will help to save suitable options for new builds for sale for a client's request and form a selection of real estate. You are able to read about the developer that is embodying the project, ask questions in the chat to the developer's managers, read customer reviews, check the construction chronology and video broadcast.

Convenient search and qualified selection of real estate by experts at GEOLN.COM is the service that we create for users. Today, together with investment in new developments in Batumi you can can experience new construction regulations, which oblige developers to use modern materials, the country's popularity, demanded rent, growing construction market, and of course, the minimum business tax in Georgia and the complete absence of real estate tax. Due to these factors, a new format of proposals has appeared on the real estate market of Batumi - it is profitable real estate.