New buildings in Kutaisi
Kutaisi on the map
Kutaisi is an ancient town, historical and economic center of Western Georgia, the capital of the Imereti region. It is located along the banks of the Rioni River. 22 km south-west from the town, there is an international airport, reconstructed in 2012, from where inexpensive low-cost airlines fly to Europe.
Why is it profitable to buy an apartment from the developers in Kutaisi?
Investors are showing particular interest in the city's primary real estate. It is now possible to buy an apartment in the new buildings in Kutaisi at affordable prices with potential for growth in the medium term. Investing in real estate in Kutaisi in the new buildings can bring passive income from the resale of housing at a higher price.
It is profitable to buy several apartments at the same time for their subsequent rent. At the same time, it is advisable to use the services of a management company, which undertakes to find tenants, pay utility bills and depreciation costs. They charge a certain percentage for the work. This may be an additional item of expenditure, but you do not need to waste time personally controlling the whole process and physically being in the country. This option is ideal for foreign investors.
Kutaisi and its surroundings have subtropical humid climate. In winter, the average temperature ranges from 0 to +4 ° C, and in summer - + 25 ... + 27 ° C, which is rather comfortable.
The growing demand for new buildings in Kutaisi from the developers is also associated with the liberal migration legislation of Georgia, hospitality, safety and friendly attitude towards tourists.
The pavements of the central part are paved with stone, you can feel the atmosphere of a real old European town, clean and well-groomed, immersed in flowers and greenery of parks. Low-rise old buildings have been restored.
Residential complexes in Kutaisi offer modern apartments with convenient layouts and new communications. European standard and the latest Georgian regulations are observed during the construction process. Developers offer various promotions in the form of discounts and payment by installments.
According to the real estate search engine GEOLN.COM, the minimum price per square meter of space in the residential complex of Kutaisi is $350, which is not expensive at all (apartments in black frame condition).
Where is it better to buy an apartment from the developers in Kutaisi?
The city is located on a high coast. The river has divided the town in half. The right bank is where historical buildings are found and the left bank with the concentration of new housing constructions. Both districts are connected by colorful bridges. Several dozen residential complexes are being rented out every year, so there is plenty to choose from.
Conditions for the acquisition of apartments by foreigners
Foreigners can purchase apartments in Kutaisi from the developers without restrictions.
Highlights of the city
Kutaisi is a cozy city with rich history and architectural monuments included in the UNESCO World Heritage List.
What to visit:
- Bagrat Cathedral - the residence of the Georgian kings;
- Gelati Monastery - the tomb of David the Builder, the cultural and spiritual center of the country;
- Motsameta Monastery;
- Martvili canyons (73 million years ago dinosaurs lived here);
- Sataplia is a protected area with bizarre tropical plants, some of which are listed in the Red Book;
- Colchids fountain;
- Houses of Parliament;
- Kutaisi city square;
- White Bridge;
- Historical Museum.
And much more to see!
Living and investing in new buildings in the city of “May and Roses” is profitable and promising.