All real estate in Chakvi, Georgia

Real Estate in Chakvi

Location, climate, and infrastructure

Chakvi is a village in Georgia, located on the Black Sea coast, on the banks of the Chakvistskali River, at an altitude of 30 m above sea level, between Kobuleti and Batumi (15 km).

The climate is subtropical: warm winters and hot summers with a significant amount of precipitation throughout the year. The average annual temperature is 13 degrees Celsius.

Sulphurous-hydrogen, chloride-hydrocarbonate and sodium-calcium mineral waters were found in the settlement. Today it is a seaside climatic resort, a place of tourism and recreation. The beach in Chakvi is quite wide and long, together with the beach of the neighboring village of Buknari, it occupies the entire 7-kilometer section of the coast from the Batumi Botanical Garden to the Petra Fortress. The water in the sea is clean, the entrance to the water is gentle; water activities are offered there. The beach turns into a coastal pine and eucalyptus grove, there are many parks and gardens.

Market and real estate prices in Chakvi

The real estate market in Chakvi is becoming more active due to the arrival of migrants in Georgia - citizens of Russia, Belarus, as well as a significant tourist flow from other countries. Experts note that the demand for real estate in Chakvi is growing, and, as a result, prices are increasing.

There is practically no housing in new buildings of the low segment in the village. The cost of real estate in Chakvi in residential complexes is from 600 USD per sq. m. (middle segment) and the premium segment is 1,001-2,500 USD per sq.m, a land plot can cost from 50 USD per sq.m, commercial real estate - from 500 USD per sq.m. It should be understood that price values are dynamic, only up-to-date information can be useful.

Property types for sale

All real estate is primary and secondary housing in multi-storey complexes, individual houses, commercial premises (warehouse, retail, office facilities, guesthouses), and free land plots for development. It is possible to buy residential real estate in Chakvi in the primary market in the residential complex at different stages of construction. Customer reviews confirm compliance with building standards.

Investing in commercial properties is a fairly profitable investment, as the number of holidaymakers in Chakvi tends to grow.

Villas - are a new direction in construction. Their prices are high, but later you can make good money on rent or capitalization due to the constant rise in land prices.

Real estate website in Chakvi (full catalog)

To reduce risks, it is advisable to use the recommendations of experts. Investors and buyers can find help on the GEOLN.COM real estate website, where there are many objects for sale all around the world.

Sale of real estate in Chakvi: nuances

Since the purchase agreements and transactions are drawn up in Georgian, it is important to find an interpreter. Some developers offer a discount, interest-free installments. The new buildings do not have centralized heating, they use gas water heaters, air conditioners with a heating function and other equipment that the owner buys on his own. It makes sense to study the surrounding infrastructure more carefully before buying. Proximity to the sea does not imply easy access to it. Citizens go to the surrounding villages to visit the beaches.

Foreign citizens can acquire any real estate, except for agricultural land. If the purchase price is one hundred thousand dollars or more, a non-resident has the right to obtain a residence permit.

Buying real estate in Chakvi is promising for obtaining a stable income from rent, recreation, living in a calm, comfortable environment in the climatic resort of Georgia.