Myth or reality: buy real estate in Georgia for cryptocurrency

18 May 2021

Today, when the whole world is successfully using cryptocurrency for transactions, the GIM real estate agency is one of the first to conduct profitable transactions for their buyers using bitcoin and other altcoins in Georgia. The House of Justice of Georgia, as a state regulator, began to use a decentralized blockchain system, which speeds up the process and gives reliability.

Since 2018 we have been actively selling apartments in Batumi overlooking the sea for people who have cryptocurrency in their wallet. Crypto ATMs are located in cities such as Tbilisi, Batumi and Kutaisi. It is also possible to exchange cryptocurrency for Georgian lari in two banks and in specialized exchange offices.

It has become much easier to buy an apartment in Batumi. Renting out an apartment in Georgia is becoming more relevant and profitable for investors, who are becoming more and more every year. Today, buyers are in demand not only for apartments on the seashore, but also for the purchase of land plots.

Our company has a large base of both apartments and land on the territory of Georgia.