Why is it worth to buy property in Georgia?
Nature - the Black Sea, beaches, mountains, sub-tropical climate, the resort area in truly a heavenly place.
Prices - average prices in the secondary real estate Georgia market are 650-950$/m2. Prices for apartments in new buildings in Georgia are 350-800$/m2, and for the time of the construct completion are 1000-1500$/m2. These factors indicate a positive trend of growth in demand and a high degree of Georgia real estate liquidity. The most profitable options, from viewpoint of investment is the purchase of land, residential and commercial property, as well as investments in Georgian new buildings.
Guarantees - Georgia Government is eager to improve maximally the investment climate in country for the past few years. Owing to the decisive steps taken, nowadays for foreign investors, businesses and individuals more favorable conditions are created than for the local population. For foreign citizen it is much easier to buy real estate in Georgia, than in many other countries. The investment is fully protected by the current legislation. Foreigners do not need to declare the income sources that obligative for the citizens of Georgia.
Demand on property in Georgia is growing from year to year. Foreign investors are showing more interest in purchasing of Georgia real estate. According to the Economic Freedom Index, Georgia holds the 21th place among 185 countries in the world. Certainly, it is really hard to find more worthwhile and comfortable conditions of real estate purchase in the resort area.