Real Estate Investment by the Sea in the Tourist City of Georgia - Batumi at the Prices of the Pit Stage.
An attractive investment project of foreign real estate by the sea “SEASIDE” in the developing tourist city of Georgia – Batumi
REAL ESTATE INVESTMENT
BY THE SEA
The Year 2012
Georgia’s Growing Tourist Attraction
One of the highest tourism growth rates in the world: according to the forecasts, by 2025 the number of foreign tourists will reach 11 million people a year.
In recent years, the demand for long-term rental housing has been increasing.
Due to this, the number of foreign investment projects in Georgia continues to increase.
Low Taxes and Business Freedom
In the international ranking with the lowest tax burden on real estate, Georgia took the 9th place.
According to the World Bank rating, Georgia ranks the third among 189 countries in the ease and simplicity of doing business.
The main directions are the restoration and the increase of tourist flow, the facilitation of obtaining a mortgage.
The Year 2019
REAL ESTATE IN GEORGIA IS STRONGLY “UNDERESTIMATED”
In comparison with other European countries – gradually increasing real estate prices are proof of economic stability.
The Year 2012
This is a good opportunity to save funds from inflation due to Covid-19, as well as through the purchase of the real estate at the prices of the pit stage.
The Year 2019
When buying foreign real estate you are not required to pay taxes in Georgia. And in some countries, for example in Russia, when you sell after 5 years, you are also exempted from the need to pay tax.
Rental income and potential for increasing capitalization. Due to the fact that Georgia is recognized by the whole world as the safest country from Covid-19 in the world and the state’s investment in the tourism sector “tourist boom” in 21-22s is expected.
Residential Complex "SEASIDE"
Land of 2865m² is owned by Seaside building. Turnkey project with building permit. Start of the construction on November 14, 2019, the construction period is 24 months.
(today the 8th floor is poured).
27 floors with parking, a heated pool, a playground are located next to New Boulevard, 400 meters from the beach. On the roof there is a solarium, fitness, restaurant.
Nearby is a park, casino Eclipse, the largest shopping center Metro City.
Total building area 27 303.5 m²
cost of the apartments
return on investment
We take on the task of renting finished apartments for additional profit. Batumi is a tourist city with an increasing flow of tourists. In winter, rental demand is provided by the ski resorts developing nearby.
The house is guaranteed to be built on time - its construction is fully paid. All the nuances are recorded in the contract and carried out through the "House of Justice" - the official body of the Government of Georgia, which ensures the security of the transaction.
Batumi is located on the Black Sea. It is almost always sunny due to the sub-tropical climate. The tourist season usually lasts 4 months - from June to September.
400 meters to the sea
The beach is located 400 meters from our residential complex.
You can enjoy the view of Batumi sunsets on the terrace of our complex.
The heated pool will make you cool in the summer and warm in the winter. The pool is accessible to residents of the complex and their guests.
For the children of our complex, we have prepared a playground. An animator and nanny service is available.
Park and entertainment
Near the complex there is a park, a shopping center which offers discounts on the Sea Side club card, as well as a casino and a night club.
Formalization of the contract
Stable income from 7%
fixed in the contract
The complex will be equipped with the modern, European standard fire safety system.
The complex is guarded 24 hours and equipped with the modern security systems.
The entrance will be finished with natural stone in a composition with granite.
Metal, fireproof, with electronic locker and one universal key.
We use quality materials and make sure that the house has thick walls.
Gas is supplied to all apartments in compliance with all safety standards.