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Real estate in Georgia: why is it worth investing now?

Real estate in Georgia: why is it worth investing now?

25 May 2022

Today, real estate in Georgia provides excellent opportunities for investment, obtaining a residence permit and comfortable living.

5 reasons why investing in real estate in Georgia is worth it now:

  • Constant increase in real estate prices in Tbilisi and Batumi since 2017
  • Stable increase in demand from foreign investors since 2018
  • Limited number of business and premium class projects
  • In the first quarter of 2022, prices for new housing increased by 4.2% 
  • The rental price has also increased significantly in recent months

We remind you that when buying a property from $100,000, an investor can get a residence permit in Georgia. 

Advantages of a residence permit in Georgia:

  • Quick registration in 2-4 months
  • If you have a residence permit, you do not need to cross the border to reset the period of stay in the country (no more than 360 days per year)
  • You can get a visa to the Schengen countries and the UK directly in Georgia 
  • Permanent residence after 10 years of possession of a residence permit 
  • The possibility of making a deal remotely
  • An additional tool for confirming tax residence
  • Opportunities to open a business in Georgia

Georgia is not included in the list of “unfriendly countries”. Citizens of the Russian Federation can purchase real estate and transfer money to the developer’s account without restrictions.

Projects for investment and obtaining a residence permit — the choice of ARAVANA Multifamily Office experts

Apartments in a high-rise tower on the first coastline of Batumi

  • 6 types of layouts
  • Design finishing 
  • High ceilings of 3.2 m
  • 5 restaurants, fitness club and entertainment center
  • 100 meters to the equipped sandy beach
  • Management company from the developer

Completion date: Q2 2025

Price: from $115,000

Villas and townhouses in Batumi

  • Townhouses and villas ranging from 111 to 291 sq.m.
  • Modern renovation and functional layout
  • Parking space for 2 cars
  • Swimming pool on the territory of the complex, fenced territory and a spacious terrace

The project is completed 

The price of townhouses: from $160.950

The price of villas: from $265.200

Apartments by the sea in Batumi

  • The new complex is a 5-minute drive from the center of Batumi
  • Apartments with an area of 79.5 sq.m
  • Design finishing 
  • Infrastructure of the complex: restaurant, swimming pool, beach club, shops, SPA and fitness center
  • Price increase by 15% after signing an agreement with the management company Accor Hotel

Completion date: Q4 2023

Price : from $115,160

Apartments under hotel management on the seashore

  • 10 minutes drive from the center of Batumi, 5 minutes from the border with Turkey
  • Ready-made renovation and fully furnished
  • On the territory there is a restaurant, a bar, a recreation area
  • Panoramic sea and mountain views
  • The possibility of renting through . Hotel rating — 9.2

The project has been commissioned 

Guaranteed yield: 7%

Price: from $87.300

The list of services of ARAVANA Multifamily Office also includes customer support on all issues related to foreign real estate, such as: search and organization of financing for the purchase of real estate, real estate management, financial and tax planning in the field of ownership, purchase, sale and inheritance of real estate.

25 May 2022
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