All real estate in Kobuleti, Georgia

Real estate in Kobuleti

Location of the city, climate, economy, and infrastructure

Kobuleti is a resort town in Georgia. It is located on the Black Sea coast, 21 km north of Batumi. The climate is subtropical: in winter the temperature is only sometimes below +4°C (almost no snow falls), in summer - up to +28°C.

Kobuleti has been known as a seaside resort for over a hundred years. There is no large-scale industry in it, only small enterprises involved in the packaging of tea, the manufacture of canned products, and the processing of agricultural and fish products.

The city lives on tourism. Many Georgian citizens and foreign guests come here, because there are good conditions for a beach holiday: there is no heat, the sea is warm, the beaches are equipped for a good rest at sea. Pines, eucalyptus, cypress trees complete the landscape picture. The proximity to one of the largest botanical gardens in Europe, the reserves of Tikeri and Kintrishi, the presence of a historical attraction - the Petra Fortress can be considered successful for the city.

The proximity of mineral springs contributes to the development of a system of services (procedures) in the field of balneology: modern sanatoriums and boarding houses offer a wide range of health improvement programs. Transport links are developed: a highway of international importance passes through Kobuleti, connecting Tbilisi, Batumi, and Sarpi (on the border with Turkey). There is also a railway station in the city through which trains from Tbilisi and Yerevan pass. In addition, a line of shuttle buses connects Kobuleti and Batumi. Since 2010, Kobuleti has been declared a free tourist, economic zone, which means: exemption from income and property taxes, building permits, preparation of a master plan, provision of engineering networks, related infrastructure.

Market and real estate prices in Kobuleti

Residential and commercial real estate, as well as land plots are attracting more and more attention from investors. The real estate market in Kobuleti is only showing its potential, so the prices are moderate, but will become higher as the infrastructure continues to improve.

The minimum cost of real estate in Kobuleti (per sq. m):

•  new living quarters - 800 USD,
•  commercial building - 700 USD,
•  non-agricultural land plot 120 USD.

Property types for sale

Real estate is represented by primary and secondary funds, commercial premises (warehouse, retail, office facilities, etc.), development at the design or construction stage, and vacant land plots for development.

You can buy residential real estate in Kobuleti on the primary market in the residential complexes at different stages of construction:

• black frame condition (with the completion of work on concrete or cement),
• white frame condition (plumbing, electrical work),
• green frame condition (finished housing with cosmetic repairs without furniture and equipment),
• turnkey condition (with furniture and equipment).

The green frame is the most common purchase option by foreign investors, as is the turnkey option. Customer reviews confirm the compliance of the constructed facilities with building standards.

Investing in commercial real estate is an effective solution, as it has obvious advantages in terms of location attractiveness.

Residential real estate in Kobuleti as low-rise buildings of increased comfort (detached houses and villas) is a new promising direction for Georgia.

Real estate website in Kobuleti (full catalog)

It is safer to use the information of experts, follow their recommendations. Investors and buyers can search the real estate website GEOLN.COM, where many objects for sale are presented.

Selling real estate in Kobuleti: the nuances of choice

Since the statement and the transaction are drawn up in Georgian, it is important to find an interpreter. Some developers offer a discount, interest-free installments, provide an opportunity to purchase real estate 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 acquire any real estate, except for agricultural land. If the value of the purchased property is one hundred thousand dollars or more, a non-resident has the right to obtain a residence permit.

It is profitable to buy real estate in Kobuleti in order to receive income from renting it out, to relax and live in a seaside resort town by the sea.