А premium residential complex Batumi Riviera is under construction оn Noviy (New) Boulevard, at a distance of only 400 meters from the sea. This is a unique project that is attractive with its design and rich infrastructure. After the completion of construction (deployment is scheduled for the 2nd quarter of 2021), the apartments in this complex will not only rise […]
New real estate objects continue to appear at a privatization auction in Georgia, which may be of interest to investors. Now we will consider a large plot of land without buildings in the village of Akhalsopeli in the Khob municipality. An attractive feature of this lot is its location in relative proximity to the sea and the […]
Apartments on the 12th floor in a prestigious location right in the capital of Georgia will certainly be a profitable investment opportunity. Tentatively, rental of such property can generate income in the amount of $ 10,000 per year, which corresponds to 6% return on investment per annum. In addition, price of the apartment – about 144,000 US dollars, entitles […]
One of the most prominent and at the same time controversial buildings in Tbilisi is put up on sale at a privatization auction organized by the Georgian government. It is the building of Rike concert hall. Located in Rike Park, the building shape resembles traditional Georgian wine horns. The project design is developed by famous […]
Many people dream that one day they would go out onto their home terrace and enjoy the view of their own picturesque vineyards that stretch to the mountains over the horizon. And this dream can come true with Schuchmann Wines Luxury Villas in Kakheti. The buyer of the villa not only obtains a comfortable housing, but also vineyards in the Alazani Valley; thanks to […]
In Batumi, as in Georgia overall, tourism industry has recorded another highest level in tourist inflow figures: thus, more than 2 million people visited the city in 2019 (+ 3.7% growth from the previous year). Moreover, according to estimates, the inflow of travelers in the region will only continue to grow in the coming periods. The development […]
The good news is privatization auction in Georgia will be extending to 2020 as well. For the period of two months since its launch, several attractive real estate properties have already been acquired by investors. To complement the sold lots, the Georgian government put up several other attractive properties on the auction list; one of the […]
If you are looking to allocate your available funds so that they can generate stable passive income in USD in the amount of 5% per annum, then investing in Georgian real estate can be a lucrative option for you. Exactly for this reason, the demand for residential properties in Georgia is very high, especially among foreigners. Comfortable and cozy […]
The government presents at the investment auction in Georgia new objects of real estate in replacement of already sold ones. Attractiveness of this project is due to chances of purchasing property at fair prices along with the simplified procedure of privatization. Owing to this, investors who want to open a company in Georgia or expand […]
The privatization auction in Georgia within the governmental initiative “100 investment offers for business” is a real opportunity for investors to purchase property under very beneficial terms. Apart from available prices, a winner at the auction may also execute the ownership right under the simplified procedure. With the purpose of establishing advantageous terms and increasing […]