Tbilisi or Batumi: Where Should You Invest in Georgia?

Georgian real estate has emerged with a tremendous amount of opportunities for real estate investors. After overcoming all the obstacles such as wars with Russia or Russian cyberattacks, Georgia has successfully become a popular spot in world tourism and a primary location for real estate investors. The country not just encourages foreign investment but also makes it feasible for investors to buy a property with its lenient government policies.

However, where should one invest in Georgia? It is the first question that comes to the mind of every investor and that is what we are going to discuss in this article. Let’s get started.

Georgian Real Estate in Brief

Before we start talking about the contrast between real estate opportunities in Tbilisi or Batumi, it is essential that we learn about Georgian real estate in general.

According to UNWTO, Georgia is the fifth fastest-growing tourist destination in the world and first in Europe. Also, it has a cost-effective lifestyle and stands among the topmost destinations in terms of safety. That’s why tourism is growing to be one of the biggest shares in the Georgian economy.

Furthermore, Georgia has a location that places it in the center of the two biggest continents, i.e., Asia and Europe. Its geographical location and great historical and cultural significance awards its investors with more promising real estate investment opportunities.

Also, it is connected by three international airports, i.e., Tbilisi, Batumi, and Kutaisi, and also connected by a modern railway. Getting visas for Georgia is also quite easy and it has a Visa-Free Regime with the citizens of 94 countries.

Real estate in Tbilisi

Tbilisi is the capital city of Georgia and one of the hotspots for real estate investments for obvious reasons. Its real estate prices are going high every year and in a mere span of 2-3 years, you can observe an increase of up to six or seven times depending upon the location within the city.

The main reason for investing in Tbilisi is its ever-increasing tourism culture. Tbilisi is the center of the Georgian tourism business and gets the biggest number of tourists in the country. It gives you an opportunity to invest in hospitality management in nearby tourist centres. The city is also popular for its historical importance and features a friendly neighborhood befitting for foreign travelers.

Real Estate in Batumi

The very first reason to invest in Batumi’s real estate is - it is a beautiful place with so many places to visit. Its real estate prices are progressing and are showing great potential as well.

The number of airports has also increased significantly in the last few years and boosted the number of tourists incoming to the area. So, if you are planning a long term trip to Georgia, you should definitely invest in Batumi. In the upcoming years, the city is going to become one of the most important tourist destinations in the region.

A feasible method of investing in Batumi is owning a small part of the hotels in the city. These are premium hotels that offer you great investment opportunities.

Another reason for investing in Batumi is that its real estate prices are extremely cheap as compared to other nearby areas and the rest of the European regions. So, if you invest early, you can generate more money in the future.

Final Words

Here we have discussed the reasons why you should invest in any of these two prime cities in Georgia. Both the regions promise you great investment results and depending upon your investment goals, such as short term or long term, you can invest in the country.

Another thing that you can do for settling in a successful real estate investment is - follow Georgian real estate experts such as John Dodelande. His profound knowledge about Georgian real estate will help you in making the best decisions and earning more out of your investment.

I'm a professional writer and author of many sites. I want to explore the world through my writing.