Features of buying apartments in new buildings

Dear customers, in the current period, the real estate market in Georgia is growing rapidly. The most attractive are the proposals for the purchase of real estate in the capital of Georgia Tbilisi and a popular resort on the Black Sea coast Batumi. The main thing you need to know about buying an apartment for foreigners is that there are no restrictions for foreign property buyers in Georgia. The associated costs are not high and the procedure for processing the transaction takes place as soon as possible. - Georgia is a recognized leader in the simplicity of bureaucratic procedures. 

Features of buying apartments in new buildings

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To register housing in a new building, you only need a passport and a certain amount of time that will have to be spent at the developer's office to sign the contract, properly execute and register the transaction in the electronic real estate registry of Georgia. The processing time and cost of this service also depend on the degree of its urgency. All if necessary can be issued within a day, the next day or four business days.

In Batumi, until recently, a lot of tourism-oriented housing was built for rent. An impressive number of new buildings with a small area of ​​​​apartments - “studios” were erected. But recently there has been another trend strong demand for permanent housing. This was the reason for the construction of more comfortable housing. Many are looking for spacious apartments for family living, with one or more bedrooms. There are several well-known categories of housing: economy, comfort and premium class houses and apartments. Apartments of the first two categories, as a rule, are offered without repair, and their prices are much lower. Prices for new buildings differ from their location according to the usual logic - the closer to the city center and the beach, the more expensive the property.

Catalog of apartments in new buildings

Before purchasing an apartment in a ready-made house or in a house under construction, we advise you to carefully read all available information about the developer company and reviews from former customers. If you are buying property from a private person, it is recommended in this case as well assemble owner informationto make sure it matches what you want.

It is worth mentioning that in Georgia there is no property tax, and there is no corresponding annual tax.

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