What does the ideal apartment in Batumi look like?
Aug 19, 2022
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To have real estate in Georgia, and even near the Black Sea – is not it a dream. What does an ideal apartment in Batumi look like and what characteristics does it have?Georgia in the literal sense of the word has become a place of pilgrimage not only for tourists, but also for freelancers and all kinds of entrepreneurs from all over the world. The country experienced a particularly large influx after February 2022. Tens of thousands of people from Russia and Belarus moved to Georgia – some for a short time, and some for a long time. It is most convenient for those who already own real estate there. The rest have to solve the problem with housing "in the course of the play."
Many rent a house, but there are also many who prefer to buy real estate - if, of course, finances allow. Buying a home is indeed a win-win. Having an apartment abroad is profitable in any case. You can live in it, or you can rent it out and earn money - this is an excellent source of passive income. Elite real estate in Georgia should be bought if there are savings and it is necessary to invest them somewhere in order for them to bring income, and not lie dead weight on a bank account.
But how to choose an apartment that is convenient for life for renting or for subsequent resale? In other words, how to choose liquid real estate? The most popular are houses in popular resorts. In Georgia, this is the region of Adjara near the Black Sea. An apartment in Batumi will never be idle and, in case of anything, it can be easily and quickly sold. Real estate in Batumi is widely represented - apartments, penthouses, private houses, townhouses, villas. Everyone will find a suitable option.
The main factor determining the value of the area is the proximity to the sea. The closer, the better. But in general, chasing the first coastline is not necessary. The second line of houses is also located near the sea (200-300 meters from the beach), so you should not always overpay for an extra hundred meters.
The cost per square meter is also affected by the view from the window. Under the same conditions, a house with a sea view will cost more than a city view. Whether it is worth overpaying for this is up to you. On average, a small apartment with an area of 40-50 square meters in a new turnkey building in Batumi can be bought for an amount of $60 thousand and above - while buying at the construction stage will cost less than finished housing.
For $100 thousand you can buy apartments in a premium residential complex on the first coastline overlooking the sea. Agree, this is a more acceptable price than, say, in Sochi, where, after the announcement of a moratorium on the construction of high-rise buildings, the price per square meter soared to fabulous figures. So Georgia is a place where you can wait out difficult times. Having your own corner in the country of sea, sun and heat is a feasible dream and a profitable investment.