Why Batumi? Explained in the language of "numbers"

Why Batumi? Explained in the language of "numbers"

The economy of Georgia is characterized by a developing free market economy.

Batumi is the city chosen by investors. Here they seek to buy real estate for recreation, life and a stable passive income.

Batumi is experiencing strong growth in real estate. Real estate prices here are relatively low compared to other resort regions, which makes it attractive for investment in residential or commercial real estate.

Batumi is a popular tourist destination attracting more and more visitors every year. This creates a need for apartment rentals, which can provide you with an additional source of income if you decide to rent out your apartment to tourists.

We would like to present you the indicators for the state of 2023, which will help shape your impression of Batumi.

- Average growth in the value of real estate per year - 18% - Property ownership tax - 0% - Profitability from apartments - from 10% and above. - 4 in the world in the ranking of the safest countries according to Numbeo. - GDP growth - 10,1% - Ease of doing business - 7th place in the world out of 190 countries. - Award "tourist Oscar" World Travel Awards - twice. - Inflation 8,5%

Georgia has achieved significant economic growth in recent years and Batumi is one of the country's key economic centers. This can be a positive factor in the decision to buy an apartment in Batumi, as economic development will lead to an increase in the value of real estate in the future.