Elite class villas for sale, in a gated complex on the Georgian Black Sea coast, within the city of Batumi, in the lower Kvariati. Villa within walking distance from the beach

Only if you want to change something. If you do not have such a desire, then all external work is completed by us. And you get a courtyard fully landscaped and equipped for relaxation. In addition to the fireplace in the house, you get an outdoor fireplace-barbecue, landscaping, parking, tiled areas, planted trees and flowers, lawns.

The complex of elite villas is located in an ideal place for relaxation. The direct road to the beach is 500 meters. The villa is located away from the noisy transnational highway and outdoor activities. This allows you to relax in silence, enjoying nature, clean air and beautiful views, and if you wish, walk ten minutes and find yourself in the very center of active recreation with nightclubs and other entertainments. The road to the center of Batumi is 15 minutes by car, or 25 minutes by a regular bus. The ancient fortress of Gonio, which has a history of about 2,000 years, is located 2 kilometers from the complex. The airport is 9 km from the complex. Near the complex there are shops, cafes, a pharmacy, restaurants, a school, a kindergarten.

Buying a villa gives you the right to obtain a residence permit in Georgia. If you wish, we will help you to arrange it.

In most markets in Europe and Asia, villas are not a very profitable investment project, because there are a lot of them and the market is oversaturated with them. They are often heavily taxed and incurred maintenance costs.

And the demand for their rent is not as great as for economy class apartments, because renting a villa is a pleasure for wealthy people. The large selection satisfies the demand of those wishing to rent a villa for a year or more. And daily rentals have their own problems: for example, in Turkey it is forbidden for individuals to rent out villas or apartments for short-term rent. In Spain a license is required and in Montenegro a special registration is required.

But in Georgia, and especially in Batumi, the situation is completely different.

In Batumi, there is little elite housing for long-term rent and the demand for homes of this level is consistently high if they are adapted for year-round living. An increasing number of representative offices of large international companies are opening in the city, whose top managers are interested in renting comfortable housing.

Also, villas are in demand in the area of daily rent. Out of one and a half or two million holidaymakers every year at least 40,000 customers are interested in the elite class villas on the Batumi beaches. Suppose there are up to 10 of them in one villa at a time (a company from several families). Suppose they rest only 5 days. The high season lasts 90 days. So to meet the demand you need 222 villas. But today here are no more than two dozen villas near the sea, the normal quality of construction and repair. And having a pool is just a few for the whole city, as a pool is not a cheap pleasure.

Maybe there is a risk that villas will be built soon? This is likely because there is a demand for villas. But while a couple of similar objects (though without a pool, without a sea view, with other quality parameters) are being built away from the sea, since the land near the coast is expensive and it is more profitable for developers to use it for building apartment buildings or apartment hotels. Moreover, in Batumi, the coastal strip of buildings has almost exhausted itself. In Kvariati there is still a resource of unused land, but the chances that developers will prefer to build villas instead of multi-storey houses on it are not high - their interests are for sale, not for rent, so why should they earn less?

In Georgia, there are no taxes on real estate, and the maintenance of the villa will cost you minimal expenses due to the low cost of local utilities and labor.

Citizens of 96 countries (including the United States, European Union countries, Ukraine, Russia, Belarus, Armenia, Azerbaijan, Turkey, Israel and others) can stay in Georgia 365 days a year without issuing visas or residence permits. But if you want to get a residence permit, buying a villa will give you this right, since such an investment in real estate, under Georgian law, allows you to get a residence permit.

Georgia is one of the most liberal and comfortable countries in the world with regard to the visa regime. Here you will not have any visa or tax problems that arise with foreign property owners in Montenegro or EU countries, including Bulgaria and Spain.

Kvariati is already included in the city line of Batumi and the tourist infrastructure is actively developing, new hotels and residential apartment houses and restaurants are being built. There is a diving center on the beach of Kvariati. There are a lot of places for recreation around. One of the main attractions of Adjara is the Gonio fortress is within walking distance.

As for the infrastructure of the house itself - for each cottage, there is a plot of land with individual parking for 1 or 2 cars, a recreation area (arbor, brazier, children's area), lawns and fruit trees. The individual plot is fenced with a separate fence.

There are a recreation area and a playground for barbecues, cleaning and protection of the territory, individual parking in addition to other services for residents and guests of the villa. If desired, you can place another small pool directly on the terrace of the cottage.

Next to the villa there is a heated swimming pool and a mini-swimming pool with jacuzzi with “children's” depth for guests and residents. Also, guests will be able to visit the nearby recreation center with billiards, Japanese, Russian, Turkish and Finnish saunas, a bar, a restaurant with the option to buy the all-inclusive option for a rest period, and a playground.

There are no restrictions in Georgia on the purchase of real estate by foreigners. The purchase of real estate is registered with the Ministry of Justice and the procedure takes several hours. The costs of buying for a transaction are less than fifty dollars.

Unlike the EU countries, Georgia does not have a real estate tax. This makes buying a house near the sea in Georgia more profitable than similar offers in such countries popular for investment as Spain, Bulgaria, Montenegro, and others.

In Georgia, there is only property tax on real estate for tax residents, those people who receive income in the territory of Georgia. It is 0% of the value of the property, if you receive up to 40 000 GEL a year in Georgia (about $ 16 000). 0,5% -0,8% - if your income in Georgia is from 40,000 GEL to 100,000 GEL (from $ 16,000 to $ 41,700), 0,8% -1% if your annual income in Georgia is higher than 100,000 GEL (from $ 41,700). If you do not have income in Georgia, or it is below $ 16,000 a year, then you are free from taxation on real estate and nothing should be paid, unlike in many other countries.

Guaranteed rental income

Buying a villa is not only making the dream "House by the Sea" come true but also a profitable investment: when renting a cottage on a daily lease, you can get a 14% to 21,5% annual income in US dollars. As a result, you are buying not just a elite class villa, but a constantly profitable business. The investment in the villa provides a higher income than a deposit in a reliable bank or than an investment in real estate in the countries of southern Europe, Israel or the CIS countries.

Any house requires care and protection. Especially if you rent it out. We can recommend you a reliable management company, which, if you desire, will take all the issues related to house security, cleaning, current repairs, leasing, attracting customers, paying utility bills and other cares about the house. The company can also guarantee you getting a rental income, regardless of the changes in the market, having concluded a special agreement with you, which guarantees the receipt of income.

The return on investment in real estate in southern European countries, less taxes and utility payments, rarely exceeds 4%. At best, you can qualify for 6%. In Israel, at best, 2% -3%. In Turkey, daily rental in 2017 was banned to individuals, and the market is oversaturated with villas with low liquidity and low profitability.The yield from renting apartments in Batumi also does not exceed 6% at the best. Villa will bring its owner from 8% to 15% interest.

Our villa is located in the only gated comfortable complex by the sea in all of Batumi.

Representatives of various international companies, including those from the CIS, European Union countries, Israel and the United Arab Emirates, work in Batumi today. Their top managers often look for elite housing for long-term rent and are deficient in it. The cost of renting a house of this level as a villa for long-term rent is $2500-$4000 per month. And no less demanded such villas near the sea and for daily rent.

Investment Security

There are no restrictions on the purchase of real estate by foreigners in Georgia. The purchase of real estate is registered with the Ministry of Justice and the procedure itself takes several hours. The purchase costs for the transaction is less than thirty dollars. Due to this, you can be completely confident in the legality of the transaction.

The contract of purchase is in two languages - Georgian and your own (your choice), so you will know what exactly you sign.

The object you acquire has high liquidity, as there are no similar offers on the market. Demand for rental of cottages and villas by the sea in Batumi and its suburbs is high, but it is not able to fully satisfy the local real estate market.

In addition, the buyer is assisted in obtaining an insurance policy for the villa and residence permit in Georgia (optional).

Similar offers in other countries have their own nuances: for example, the Turkish real estate market is overloaded, so houses and apartments lose annually in price, their liquidity decreases, it is very difficult to find a buyer. Since Turkey is a country of package tours, Turkish real estate, as a rule, does not bring the promised income from leasing. Leasing in Turkey has strict legislative restrictions, as the state supports the hotel business and tries to save it from the competition of private apartments. Now renting an apartment or house for rent to owners is virtually prohibited. Difficult situation in many other countries.

There are a few things that you need to know before you buy property in the EU or Montenegro (not in the EU): for you there will be real estate taxes (which are not in Georgia), living costs, utility bills will be expensive, possible difficulties in confirming the legality of the origin of your money. It should also be noted that the real estate markets of these countries have been developing for a long time and they are already loaded with various offers that exceed demand. So the real estate liquidity there and its profitability have become lower than they were 12-15 years ago. And in Georgia, the market is only developing and actively growing due to its youth, which makes it more attractive for investments.

We created a table that displays spending money on real estate so you can compare. The data are taken from open sources - the Prian website..

The yield on real estate investments in these countries, net of taxes and utility bills, rarely exceeds 4%. At best, you can qualify for 6%. Minus taxes on profits. And as you know, in the EU countries, they range from 10% to 35%. In Georgia, the tax on income from rental housing is only 5%. The yield from rental apartments in Batumi also does not exceed 6%. Our villa will bring its owner 8% to 15% interest.

Representatives of various international companies work in Batumi today, including from the CIS, EU countries, Israel and the United Arab Emirates. Their top managers are often looking for luxury housing for long-term rent and are in short supply. The cost of renting a house of such a level as our villa for a long-term lease is $ 2500- $ 4000 per month.

Villas near the sea and among tourists for daily rent are no less in demand, which is clearly confirmed by statistics.

In 2017-2018, the increase in the number of tourists in Georgia was 18.8% and 10%, and over eight years the increase was 327%. The growth in the number of tourists determines, in turn, an increase in the attractiveness of investments in real estate, its sale, resale and rental.

Many tourists do not want to stay in a hotel, but to rent an elite villa or private cottage by the sea. But, unfortunately, there are practically no such proposals.

The rental price for such a villa ranges from $ 2500 to $ 4000. In this case, utility and maintenance costs are borne by the tenant himself. We take as the estimated rate $ 2750 for 8 months of the low season and $ 4000 for 4 months of the high season, and we get a yield of 38 thousand dollars.

With a long-term lease, compared to daily rent, the cost of maintenance, cleaning, etc. is reduced. increasing with daily rent.

But there is also a more profitable, albeit more troublesome option - daily rent.

We calculated the expected yield of the Villa in the daily rent. When calculating the real forecasts of the occupancy of the villa are given, we based on the analysis of this market together with realtors who have worked on the lease for many years. We also pushed away from the monitoring of offers, prices, and occupancy, which was carried out on the website booking (which you can do yourself, spending 4-5 days on it). We deliberately refused the frequent, unfortunately, practice, when the client seems to have inflated figures to convince him of the profitability of the purchase. Therefore, we give you real, not overestimated calculations. They can be higher than those listed in the table below. However, bringing a real average minimum we risk nothing. We give the data in the table below.

^* We specially made the calculation of the minimum number of days when renting out the villa since excessive optimism is the enemy of the adequacy of evaluation. According to our calculations, the minimum number of days in a year is 150 days, less than half a year. Off-season surrender ensures the availability of sauna in the villa and other conditions for off-season recreation. But such a number of days will get $53 050 of revenue per year.

Yield Options: Honest and Direct Offer

If investors want to receive a guaranteed and stable income, our company is ready to provide them on mutually beneficial terms. We are ready to take on any risks in return for the opportunity to receive a higher profit from the delivery of your villa.

We offer several income options for investors who will hand over the villa to us. From a maximum income of 11% -15% to a guaranteed profit of 8% depending on the option chosen. Which option to choose depends on whether the owner's priority is to minimize risks or maximize profits. The investor himself chooses what level of risks he wants to assign to the company and what kind of return he wants to receive.

Option #1 - maximum: rental throughout the year: projected income at the level of 11% -15% per year. Detailed reporting, maximum profitability*.

Option #2 - average: full delivery with a guaranteed profit of 8% per year. The amount of profit is fixed in the management agreement. All risks of a decrease in tourist flow are borne by the company, not the investor. The exception is unambiguous force majeure (lockdown, war, natural disasters)*. The company will capitalize on the difference between guaranteed profit and real profitability. In this case, the company will earn up to 7% of the price of the object, depending on the market situation. The investor will receive most of the profit even if the circumstances in the rental market are unfavorable.

* If you prefer to use the villa for your holiday, the period until the villa is rented out will be deducted from your income.

Often, in search of a villa by the sea abroad, residents of more northern countries do not take into account the nuances associated with the quality of construction, which then costs them very big problems. Some of them, we decided to describe:

1) Warming of the facade.. In the south, houses are built with thin walls. Locals are accustomed to write it off on a warm climate. The warm climate is good, but if in winter the temperature is +5 outside and +5 in the house too, then there is nothing good about it. It will be very expensive for you to heat such a house, since thin walls will let in heat and you will not only heat the house, but also the street. Because the facades of buildings must be insulated by special technology. But it is an expensive pleasure. And in many countries they do not do it at all, or do it cheaply and poorly. At the villa, these works were carried out according to the technology and materials of the leading European brand Terraco (Sweden). This is important in the summer too, so that the house does not heat up and the coolness is kept there, and the air conditioner does not wrap you up large electricity bills.

2) Roof insulation. The sun's rays heat the roof in the summer first. If you do not make insulation on the roof, then the house in the summer will turn into an oven, and in the winter it will be warm to throw it through it. In our villa, these works were also carried out using the technology and materials of the leading European brand Terraco (Sweden).

3) Waterproofing.. Want a house with mold, dampness and water leaks when it rains? And in subtropical zones, rain is especially strong compared to more northern countries. Especially on the coast. If not, the walls and roof should be protected from moisture. As well as the foundation. Few people spend money on this in poor southern countries, as they consider this not economical. We spent. The roof of the villa is protected, in addition to warming, with a triple (!) Layer of waterproofing, and the walls are protected by a double layer of moisture resistant putty and waterproof paint of the leading European brand Terraco (Sweden). Bottom floor is also protected by waterproofing during foundation work, and from the inside of the house the floor is covered with a heat-insulating and waterproofing layer, on which a heated floor is already installed on top.

4) Antiseptics and hydrophobic impregnations in the south are almost never used again because of the savings of developers. We deliberately brought them into the country, so that the internal repair of the house would be accompanied by protection from moisture and fungus before applying finishing coatings.

5) Heating. Do not believe the tales about his uselessness in a warm climate. The first winter will convince you of the opposite. No air conditioner will help you even with a little frost. And the electricity bill will make you sad. The villa has gas heating throughout the house - warm floors.

6) The list of exclusives can be continued, but it is better to make sure everything is in place ...

Want to get $ 1000 in prize money? We will give you this prize if you find a house, villa or townhouse with the same construction quality as ours for sale in Batumi.