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Real estate in new builds from developers of Gori

Gori Palace
Gori Palace
From 950$ / m2
ID: 7989 | 8 floors

Gori. Hot real estate deals

Gori Palace
Gori Palace
From 950$ / m2
ID: 7989 | 8 floors

Real estate in Gori

Location, climate, economy, and infrastructure

Gori is a city in the eastern part of Georgia, located in a valley, at the confluence of the Kura River and its tributary, the Bolshaya Liakhvi, 86 km from the capital of the country, Tbilisi, surrounded by mountains from the south and west. The climate is humid continental with hot summers and mild winters.

There are two universities in Gori. There is a railway station in the city. Public transport is represented by buses. There is a supermarket of the national network Populi, a mobile phone store Telefon and gas stations of the SOCAR network. The economy of the city is based on the provision of services in the field of tourism (Uplistsikhe, Ateni Sioni, Gori fortress are very popular among tourists) and trade. A project for the construction of wind, solar, hydroelectric power plants is being implemented. Gas pipeline networks are being built (the Baku-Tbilisi-Ceyhan pipeline, financed by the International Finance Corporation, passes through the country). The city has a drama theater named after G. Eristavi; interesting exhibits are stored in the Gori Historical and Ethnographic Museum.

Market and real estate prices in Gori

This is a big city by the standards of Georgia, but little is known about it to foreigners. However, here you can also buy an apartment, providing yourself with comfortable living conditions. Investments also provide an opportunity to receive income from the provision of real estate for rent, and its resale. The city is visited by tourists; there are few hotels here, so rent in the residential sector will find its consumer. The range of prices is large, since the objects are offered in different conditions and the operating time is different. Minimum prices in Gori:

  •  an apartment on the secondary market - from 300-400 USD per sq.m,
  •  an apartment in a new building in a residential complex - from 950 USD per sq.m,
  •  commercial real estate - about 1,000 USD per sq.m.,
  •  a detached house - from 800 USD per sq.m.

 Property types for sale

Real estate in Gori is represented by primary and secondary housing, a commercial fund, development at the design or construction stage, and free land plots for development. Investing in commercial real estate is an effective solution that will make it possible to earn money, create new jobs, and improve the economic performance of the city. There are few new buildings in Gori, developers offer apartments with modern layouts for sale, provide for various promotions in the form of discounts, and installment payments. Construction standards are observed during the construction of the projects. The resale is largely represented by apartments in the old buildings.

Real estate website in Gori (catalog)

It is safer to use the information of experts and follow their recommendations. Investors and buyers can use the GEOLN.COM website, where there are a lot of objects for sale presented.

Sale of real estate in Gori (nuances)

Since the statement and the transaction are drawn up in Georgian, it is important to find an interpreter. Many developers offer interest-free installments. Real estate can be bought for cryptocurrency. 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 of the apartment buys on his own.

Foreign citizens can purchase any residential property in Gori, except for agricultural land. If the cost of the purchased housing is one hundred thousand dollars or more, the foreigner has the right to obtain a residence permit.

Buying property in Gori is beneficial for the purpose of generating income from renting the housing out, reselling it at higher prices, living in a city where infrastructure and clean mountain air are being developed.

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FAQ

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