- $190,000
Apartments for sale in Batumi
How can I buy an apartment in Batumi?
Purchasing an apartment in Batumi starts with determining your budget and preferences. You can choose an apartment in a new building or on the secondary market by contacting the developer or owner directly with the help of the ATLAS agency. We will conduct a preliminary market analysis, identify preferred neighborhoods and inspect potential properties.Buy an apartment in Batumi: from the developer or from the owner
When buying an apartment in Batumi, potential owners are faced with the choice of buying directly from the developer or from the owner on the secondary market. Each of these options has its own advantages and peculiarities. Buying from the developer has such advantages:- Newness of the object – when you buy an apartment from the developer, you get a brand new dwelling in which no one has lived yet. This eliminates the risk of encountering deterioration of communications and infrastructure, which is common in the secondary market.
- Warranties and guarantees – Developers usually provide warranties on their properties, which gives added security to the investment.
- Choice – when buying an apartment under construction, you can often choose the most suitable layout, floor plan and window view.
- Price – sometimes buying from a developer can be more favorable, especially in the excavation or early construction phase when prices are most attractive.
- Readiness of housing for living – apartments in the secondary market are often sold with ready-made repairs and furniture, which allows you to move in immediately and live without additional investments and time for finishing.
- Proven infrastructure – when choosing an apartment in an already built building, you can personally assess the infrastructure of the neighborhood, the level of service of the building, as well as learn the feedback of people living there.
- Quickness of the transaction – as a rule, buying an apartment on the secondary market takes less time, as you do not have to wait for the completion of construction.
- Legal cleanliness – when buying an apartment from the owner, it is important to carefully check the legal cleanliness of the object and the absence of encumbrances.
What types of rent to buy condo rentals are there?
In Batumi there are such types of housing as “white frame”, which means that the apartment is finished without furniture and appliances, and “black frame”, which means that the apartment is provided without interior decoration. It is also possible to buy an apartment with renovation without appliances and furniture and with “turnkey” which includes renovation, appliances and furnishings. The choice depends on your preferences and willingness to repair.Is investing in an apartment in Batumi profitable?
Investment in Batumi real estate can be profitable for several reasons. Batumi is a popular tourist destination, attracting visitors with its beaches, cultural and historical saturation, which provides a high demand for rental housing.Also, the city is actively developing, improving infrastructure, which positively affects the cost of real estate. In recent years, Batumi has shown a steady increase in real estate prices, which makes investment in this region attractive in the long term. High tourist demand provides good opportunities for rental income, especially in high season.How can a foreigner buy an apartment in Batumi?
Foreign citizens can purchase real estate in Batumi under the same conditions as locals without the need for special permits. Here are a few steps to be taken:- Market Research – Before buying, it is important to research the market to determine what type of property and what neighborhood will be the most advantageous and suitable for your goals.
- Property search – you can use the services of local real estate agencies or search for suitable options yourself through online platforms.
- Due diligence – it is important to conduct a thorough due diligence check of the property to ensure there are no encumbrances or legal impediments to purchase.
- Transaction formalization – a real estate purchase transaction in Georgia can be finalized within one day at the House of Justice. All documents must be notarized, and foreign buyers must provide translated and certified copies of their documents.
- Title registration – after the transaction is finalized, the new owner must register the title of ownership with the National Agency for Public Registration.
