Real estate in Georgia
Certified audit-based real estate assessment
Certified real estate appraisal based on audit is necessary for an objective analysis of the market value of property, identification of potential risks, and provision of independent expertise. It is used in various situations including purchase and sale transactions, mortgage operations, legal proceedings, tax reporting, insurance, as well as it serves as a document required to obtain a residence permit (based on ownership of real estate, provided that the cost of owning real estate is equivalent to or exceeds 100,000 USD).
Certified real estate appraisal based on audit is necessary for an objective analysis of the market value of property, identification of potential risks, and provision of independent expertise. It is used in various situations including purchase and sale transactions, mortgage operations, legal proceedings, tax reporting, insurance, as well as it serves as a document required to obtain a residence permit (based on ownership of real estate, provided that the cost of owning real estate is equivalent to or exceeds 100,000 USD).
The real estate market in Georgia, and in Batumi in particular, is experiencing fantastic development, with a fast increase in prices and a guaranteed rent yield of 8%.
Our specialists will help you find the perfect real estate option that is beneficial both for rental income and future resale.
€100
Assistance in searching and selecting apartments
€100
Here are examples of furnished apartments for sale to give you an idea of the approximate pricing in the real estate market.
Studio apartment
45 sqm
32nd floor
Super complete furnishing
(Air conditioning, heating, 2 refrigerators, washing machine, high-quality furniture, immediately available only for living purposes)
View as fantastic as in photos
Price - €80,000
Studio apartments (33 sqm), one-bedroom apartments (45 sqm) and two-bedroom apartments (78 sqm), starting from €50,000, €75,000 and €120,000 respectively, ready to be inhabited, including air conditioning, heating, furnishings, all details covered, possibility to entrust management to a well-known rental company and obtain a guaranteed yield of 8%.
To obtain a Georgian residence permit through official employment in a Georgian company, you must have a salary of at least 1,700 GEL per month before taxes or at least 1,200 GEL per month net.
When initially obtaining a Georgian residence permit through employment, approval most often comes for a period of 1 year. When extending a residence permit through employment in a Georgian company, approval most often comes for the duration of the employment contract (from 1 to 3 years).
After receiving a decision on approval of a Georgian residence permit through employment, you must apply for a binadoba (ID card) within 30 days and register (get registered) at any address in Georgia. If you are the owner of a residential property in Georgia, you can register at your place. If you need help with registration, you can use our service.
After the approval of the residence permit for real estate and receiving the ID card, your family members can apply for a residence permit through family reunification.
You can confirm kinship and apply for a residence permit for your entire family for the period of your approved residence permit.
