What does modern Batumi offer?
The main seaside city – Batumi is one of the best and most developed tourist destinations in Georgia. With its old or new architectural buildings, cultural heritage monuments, museums, ancient port of strategic importance, 7 km seafront boulevard, European squares and streets, botanical garden, dolphinarium, world-class high-class hotels and cafes, Batumi is the best image of modern Georgia.
Batumi is becoming more beautiful day by day, the city has been developing rapidly in recent years. Batumi is trying to keep pace with modernity and at the same time preserve its history and culture.
Stable, business environment, EU Association Agreement, low taxes, liberal economic legislation and strategic geographical location – these are the reasons why Batumi is a real discovery for investors.
Why Batumi – Reason for investing:
Tourism business card in Georgia
- Due to its strategic location, Batumi hosts many international events, business meetings and conferences in addition to tourists, so the demand for real estate here is high at any time of the year;
- International awareness of Batumi is growing every year. With the development of infrastructure and the coastline, Batumi is becoming even more attractive to both Georgian and foreign tourists;
- According to 2019 data, 3.6 million people visited Batumi;
- One of the most popular travel cities at Airbnb in 2019;
- “Europe’s leading growing tourist destination” World Travel Award 2019;
- One of the safest tourist destinations in Europe, European Best Destinations 2020.
Liberal economic legislation
- Georgia – EU Association Agreement – The EU-Georgia Association Agreement makes the European market accessible to Georgian companies;
- Low tax rates and benefits – New taxes can be imposed or increased only as a result of a referendum;
- Liberal Economic Legislation – Georgian legislation is investor-oriented. The laws are designed to promote and stimulate the activities of both local and foreign investors. Georgia is one of the leading countries in the world in terms of ease of starting a business – registration procedures;
- Strategic geographical location – Batumi is one of the fastest-growing cities in Georgia. It is a bridge connecting Europe and Asia. Batumi is located in the west of the Transcaucasian Corridor, between the Black and Caspian Seas, at the crossroads of the historic Silk Road connecting Asia and Europe;
- Reasonable investment, 10% annual return on TBC Capital 2019;
- 7th place in terms of ease of doing business Doing Business 2019;
- High level of security Numbeo 2020;
- One of the best cities in Europe for investment, Forbs 2020.
Positive investment climate
A positive investment climate is primarily determined by how attractive and comfortable it is for both large and medium-sized investment projects and investors. In this regard, Batumi is a real discovery for everyone. You can find an interesting project for both large and medium-sized investors. Everyone who wants to invest money needs to get the highest possible return on investment. If we look at it this way, the best solution is to invest money in resort areas.
Buying your own apartment in Batumi today is both prestigious and profitable. The city is growing, the tourist flow is also increasing. New houses are being built using modern construction technologies. Batumi is full of elite apartments with sea view, five-star hotels, cobbled streets hidden in the green, musical fountains, parks, alleys …
The city boasts with the longest boulevard in Europe! In summer, the beaches of Batumi are crowded with tourists. Clean and benevolent Batumi attracts tourists with its beauty.
Apart from tourists – Due to its strategic location, Batumi hosts many international events, business meetings, and conferences in addition to tourists, so the demand for real estate here is high at any time of the year.