Apartments from $45 000 with profitability up to 12% per annum
Down payment of 20%, internal 0% installment plan for 40 months
Apartments from
$45 000 with profitability
up to 12% per annum
Down payment of 20%, internal 0% installment plan for 40 months
OKTO ART HOUSE residential complex is located 500 meters from the sea, in the actively developing tourist part of the new boulevard in Batumi.
The private territory of the complex with the area of 6000 m2 provides all necessary infrastructure, as well as areas for recreation and sports.
TERRITORY
APARTMENTS
FLOORS
BLOCKS
UNDERGROUND PARKING
CONSTRUCTION COMPLETION
Purchasing an apartment under construction in Batumi offers numerous advantages: modern design, new technologies, energy efficiency, and investment potential. Newly built residential spaces in Batumi often offer better locations and views, increasing their appeal for both living and investment purposes.
Also, consider that Batumi has been named among the top 10 investment destinations in Europe.
It is possible to acquire real estate for residency purposes upon application of a foreign or local authorized or eligible representative at the Public Services Development Agency, any territorial service, branch of the House of Justice, community center or electronically from home through the website: http://sda.gov.ge.
In order to register the sale and purchase agreement, you need to have a document proving your identity and the necessary amount of money to pay the property price, according to the agreement.
Cost of services and terms of registration in a public registry:
It is possible to book a flat with us for a period from 2 weeks, the cost is $1000 (equivalent in GEL).
To register the ownership of an apartment/unit, contact the House of Justice or the territorial service of the National State Register. The required documents include:
- Application (can be completed electronically, certified by an authorised officer upon receipt of the application);
- An identity document;
- A legally certified agreement on the ownership of the apartment/unit;
A legally certified power of attorney for representation (if you are representing an interested party).
When buying an investment apartment in Batumi, consider: location (proximity to the coast, views), infrastructure, rental potential, price growth trends in the specific area, seasonality impact, and the overall economic situation in the region.
Under-construction apartments in Batumi are often cheaper than ready-made ones and allow you to change the interior according to your taste. However, their purchase requires more patience until construction is completed.
Ready apartments don't require waiting to move in and carry less risk in terms of construction-related uncertainties (the latter is easily resolved by choosing a reliable company).
To select the best developer, consider the following factors: the company's experience and reputation, the quality of completed projects, adherence to construction deadlines, and the level of customer satisfaction. It's also important to check their legal status and financial stability.
For more advice, check out the blog: How to Choose a Reliable Construction Company in Batumi
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