New builds in Poti
City on the map
Poti is an ancient city in western Georgia, in the Samegrelo-Upper Svaneti region. It is located at the mouth of the Rioni River, on the Black Sea coast. It is the largest port on the east coast.
Why is it profitable to buy an apartment from the developers in Poti?
Poti is called the sea gate of Georgia. The city was built on the site of Phasis, one of the Greek colonies. The Rioni River divides it into two functionally different parts. The port, high-rise buildings and areas with private houses are located on the north bank. On the south, there are supermarkets, banking institutions, cafes and a cozy park. The humid subtropical climate is comfortable. There are hot summers and not cold winters.
New developments in Poti from the developers give the industrial and resort city a modern dynamism, stimulating new demand. Investors are beginning to show interest in primary real estate, as the secondary housing stock is gradually deteriorating. It is now possible to buy an apartment in Poti in the new builds for sale at affordable prices with potential for growth in the medium term. Investments in real estate in Poti in the new homes can bring passive income from resale at a higher price and rental the housing.
An apartment in the new home for sale of Poti, as an investment project, requires constant attention and control. It is advisable for investors to sign an agreement for a certain percentage with a management company, whose services include finding tenants, paying for utilities and depreciation costs. Although an additional item of expense arises, there is no need to waste time personally controlling the entire process and physically being in the country.
According to the real estate search engine GEOLN.COM, the minimum price per square meter of space in residential complexes of Poti is $650, which is not expensive (apartments in black frame condition).
Where is it better to buy an apartment from the developers in Poti?
Residential complexes in Poti are being built within the city limits. There are modern apartments with convenient layouts and new communications. European standards and the latest regulations of Georgia are observed during the construction process. The developers here offer installment payments and discounts.
Conditions for the acquisition of apartments by foreigners
Foreigners can purchase apartments in Poti from the developers without restrictions.
Highlights of the city and surroundings
- Church of the Most Holy Theotokos, year of creation - 1907;
- Poti Tower - the remains of a Turkish fortress (1640);
- a monument to Dumas-father who visited Georgia and wrote the book "Caucasus";
- Poti lighthouse built in 1862 - brought from Great Britain, its height is 38 meters.
- Lake Paliastomi - the pearl of the national park, creates unique conditions for observing migratory birds.
Investments in real estate in an industrial and at the same time resort city are promising, since they are based on both complementary factors of development. Business interest in new developments in the region is just a matter of time, which has already practically come.