Georgia is a great investment opportunity.
The economy of Georgia is on the 9th place in the ranking of countries in terms of ease of doing business.
Georgia is in the top 10 safest countries for doing business.
In just eight years – from 2010 to 2017 inclusive, 4,398,831 residential real estate transactions were completed in Georgia. Approximately every fifth of them took place in 2017.
The real estate market of Georgia shows its growth during last four years in a row. Last time a slight decline in the Georgian real estate market was observed in 2013 and was only -2.55%, after which the market has grown in four years by almost 80%.
Over the past year, a record number of foreigners visited Georgia – about 8.7 million, which is 9.8% more than it was in 2017. Of the total number of international visits, 4.8 million were made to Georgia for the purpose of tourism – an increase is 16.9%.
In the second quarter of 2018, the number of international visitors to the country amounted to 1.678.436 people.
Batumi ranked second among tourists in attendance, 27.5% of the total number of visitors rested here.
An expert group of analysts of the magazine International Investment during a survey of the real estate market in Georgia concluded that primary real estate prices will rise by 10% in Batumi in 2018-2019, hotel and housing cannot cope with the influx of tourists, because of what demand for real estate in Georgia is above supply.
Why just in Georgia it is worth starting your own apartment management business:
Georgia is developing dynamically, the real estate market is growing. According to experts, this situation will be observed for another 15-20 years.
Georgia has achieved very high levels of security: for both general and business. This ensures the safety of investment.
There is no property tax in Georgia.
Low prices for real estate (in comparison with the same in Europe)
