Cottages in Batumi
Comfortable weather, developed infrastructure and affordable prices for accommodation in hotels and private cottages attract tourists. Investors also dream of buying a cottage in Batumi. Foreigners like the rich local culture and color. The city is located on the Black Sea coast: a pleasant climate promotes year-round recreation. The flight takes several hours, so Batumi is popular among residents of neighboring countries.
Advantages of buying a cottage in Batumi
Searching for real estate to buy in the city is associated with several features at once. For several years, the city has maintained favorable prices for everything you need, including transportation and food.
There is also an incentive to buy a private cottage in Batumi for wealthy investors. The city is visited by 1 million tourists annually. Due to the high demand for hotel rooms, the payback period for the owner's investment is no more than 7 years. Due to the popularity of the city, the sale of cottages in Batumi is regularly updated with new offers.
How to profitably invest in cottages in Batumi?
The peculiarity of the region is that investments in housing on the coast of Georgia are in high demand among investors. A wide range of options allows you to select inexpensive premises for the purpose of renting out rooms or reselling them. Deciding to buy a cottage in Batumi (secondary, new building) is stimulated by:
- year-round flow of tourists;
- cheap maintenance costs (about $ 75 per month);
- active development of the secondary and other real estate market;
- affordable cost of living;
- increase in real estate prices by 15-20% annually.
Selling a cottage in Batumi from the owner is not uncommon. Often, local residents and investors are interested in expanding their own tourism business.
Cottage prices in Batumi
The rise in real estate costs does not affect the availability of housing. To answer the question of how much a cottage costs in Batumi, consider several important characteristics:
- total area of living spaces;
- location;
- new building or secondary.
Analysis of current prices on the market shows that the minimum cost is from $ 30,000. Low maintenance costs confirm the profitability of investments. At the same time, a cottage in Batumi, which you can buy for yourself and the tourism business, can cost up to $ 798,500
How to buy a cottage in Batumi with GEOLN.COM
Buying a cozy residence in Batumi will not cause inconvenience with the support of GEOLN.COM experts. Use the international search engine to find the best options to your taste. Spending a minimum of time on property registration helps:
- providing high-quality photos and online broadcasts;
- coordination of details for concluding a purchase and sale transaction;
- preparation of necessary documents;
- remote service for foreign investors.
You can buy a cottage in Batumi inexpensively, as well as other elite suburban real estate in Georgia, thanks to the service of experts.
Questions and Answers
Can foreigners buy a cottage in Batumi?
Foreigners have the legal right to purchase real estate in the Georgian city. You can also register apartments in your name remotely (by proxy).
How much do cottages cost in Batumi?
The price of real estate in Batumi depends on the location, total area and other requirements. The minimum cost is from $30,000.
Is it expensive to live in Batumi?
High quality of life is combined with affordable cost. A family of four needs about $1,000 for living for a month.
Is it profitable to buy a cottage in Batumi?
Buying houses in the city is profitable for investors intending to build a tourism business.