This studio apartment is located in the premium area of Batumi, on the seafront and within walking distance from the beach and offers wonderful direct guaranteed view to the sea, city, boulevard promenade and mountains. This apartment is fully equipped and is ready for living and can be used for personal needs as the ownership is fully transferred to the buyer and it is also a perfect option for rent, as the apartment is located in a hotel complex with all the infrastructure needed for a 5* hotel service.
Owning real estate in Georgia is among the BEST investments as there is no real estate tax, income tax for rental property is 5%, and utility bills will add up to less than 1% of the income you make (calculated by usage).
Georgia is among the ten easiest countries in the world to invest in as there are no restrictions for citizens of any country, as the law is the same for all. Some of the advantages are: -
Liberal legislation and NO TAX on property
-Developed tourism as the number of tourists grow every year.
-Minimum formalities as purchase of property is available by visiting the country for a day or two or remote purchase is also a popular choice today, as a purchase agreement can be signed distantly.
-liberal visa laws-investment of 100,000$ gives you the chance to get a residency
-Good business climate as the country offers business friendly environment
-one of the safest countries in Europe
With us you are in the hands of local agents, who know better than anyone else how to choose the right investment for you, so let us go that extra mile to ensure that all of your needs are successfully met in a professional and honest manner.