Price Range: From to

Compare Listings

Development of New Apartments For Sale, Batumi, Georgia

Batumi, Georgia
Start from€37,000/to €180,000

Description

Development of New Apartments For Sale, Batumi, Georgia.

A new multi-functional 40-Storied Premium Class Residential Complex situated on the first line to the sea coast.

Development Overview:

  • Private and family relaxation space
  • Swimming pool
  • Café
  • Children’s’ space near the beach

During construction of this residential complex, modern ecologically pure fireproof and energy-efficient materials have been used. The complex, consisting of two towers, the East Tower and West Tower include well-developed infrastructure where any guests can find everything necessary for themselves or for the family.

The development offers comfortable relaxation in a safe residential environment just a short distance from the sea.

Various designs and accommodation options ranging from 33.29 sqm to 95.38 sqm.

Discount available based upon which Payment Scheme Option selected. Please ask for further information.

Batumi’s property market – A sound investment decision and great location to own a second home.

Batumi is the second largest city in Georgia, beautiful Black Sea city, very rapidly developing holiday destination and will be coming more and more popular second home location for many European citizens. Priced still very low compared to other similar locations, prices starting from £200 per sq m2! Tourism is growing yearly and very rapidly, first 6 months figures 2018, showed an increase by 28% for foreign visitors!

In Batumi recent years many very well known brands have seen excellent opportunity, they include soon opening Marriott hotel, there is already a Hilton hotel, Radisson hotel.

There are many casinos in the city, actually so many, that Batumi has earned nickname European Las Vegas, casino business in the city makes it a desirable destination all year round for European tourist ( in Europe, gambling mostly banned).

Property prices are set to rise: rising number tourist into the region and very strong support from the government to improve the tourism sector in and around Batumi, beautiful weather, excellent new amenities will show you probably double the property prices over the next few years.

Is very easy to buy property in Georgia, they have excellent property registry system, that allows very transparent and easy property registration, registering and purchasing property is a very quick procedure! All properties are sold FREEHOLD!

GEORGIA most liberal country in the Caucasus region…

Location

Georgia is strategically situated on the historical Silk Road between Asia and Europe.

Bordered by the Black Sea to the West, Russia to the North, Turkey and Armenia to the South and Azerbaijan to the East.

Georgia is a transit corridor with strategic access to the sea and a door to Europe, connecting China to the European Continent and creating a strategic and reliable alternative to playing the role of a reliable alternative to Russia’s land road.

Doing business is easier

Georgia is ranked 9th in the World Bank Doing Business Report– www.doingbusiness.org, ranking higher than countries such as Sweden, Estonia, Finland and Australia.

Low taxes

Taxes are low in Georgia, following some amendments; the tax code now sets the following taxes and rates:

– Income tax – 20% (flat rate)

– Corporate tax – 15%

– VAT – 18%

– Excise tax – on few selected goods

– Import tax – 0%, 5% or 12%

– Property tax – up to 1%

In addition companies that reinvest their profits or keep them in the country don’t pay profit tax.

Free Trade agreement with EU

The EU and Georgia signed an Association Agreement on 27 June 2014 it has entered into force since 1 July 2016.

The agreement introduces a preferential trade regime – the Deep and Comprehensive Free Trade Area (DCFTA). This regime increases market access between the EU and Georgia based on having better-matched regulations.

In addition Georgia has signed a Free Trade Agreement with China, Turkey and the countries of the Former Soviet Space; this means that Georgia has free trade with more than 2 billion people.

The property is priced and advertised in $USD and converted to Euro at the exchange rate at the time of listing. Interested parties should check the current exchange rate against the $USD to establish correct Euro price.

  • Address: 1st Line To The Sea, Batumi
  • Country: Georgia

Detail

  • Property ID: 62641
  • Price: Start from €37,000/to €180,000
  • Property Type: Apartment, Apartment - Ground Floor, Apartment - Middle Floor, Apartment - Penthouse, Penthouse, Penthouse Apartment
  • Property Status: New Development

Floor plans

Floor Plan 1

Floor Plan 2

Floor Plan 3

Floor Plan 4

Floor Plan 5

Floor Plan 6

Floor Plan 7

Floor Plan 8

This property listing comprises an advertisement, placed on behalf of a real estate agent/property developer or private individual, and does not constitute property particulars. Worldwide Property Sales will always endeavour to ensure the accuracy of the information provided by the advertiser, however it cannot check the information supplied, has no control over the content and therefore cannot be held responsible for any inaccuracies. This relates to property descriptions, measurements/sizes, location, accuracy of images, website content, linked, associated and any other information provided. Worldwide Property Sales makes no warranties or representations as to the accuracy, completeness, legality or suitability of any details or information provided and does not control and is not responsible for any services provided or promoted by third parties. You should seek your own independent professional advice and carry out your own research prior to making any decision to purchase or invest in overseas property.

No Review ( 0 out of 5 )

Write a Review

Login for Review