And the principles of our work
Striving for excellence
The beauty of our work lies in the process of finding matches – an outcome when you tell us that this is exactly what you were looking for. We have been striving to perfect our ability to assist you in defining your most subtle needs and we are honest about what we think is the best for you – even if it is against our short term interests.
If you are an investor – we will supplement your analysis with our local market specific knowledge and help finding property that satisfies your Batumi investment return expectations. If you are looking for vacation property, we will help defining what your summer dream home should be like and put all our efforts to find it.
We are a European origin real estate brokerage firm, now Batumi real estate brokers, driven by a team of passionate and hardworking individuals. Two core principles that guide our work are transparency and accountability. We aim to provide precise and up to date information combined with beautifully made media materials that give insights into every aspect of our Batumi realty listings.
From the moment you find us until you have the first breakfast on the balcony of your dream home .. you are covered – we take full responsibility. We will help defining your needs, find a matching property, navigate you through all financial and legal aspects, help with home renovation issues and much more. All this – independent of your location. You can count on us.
Find out what our clients think about our work
We are technology friendly and can adapt to any communication channel. In most cases we use Viber, WhatsApp, iMessages, Skype for instant chatting / video calls and mail, Youtube, Dropbox, GoogleDrive for heavy data transfers. Even if you are abroad – we know how to ensure that you participate in the real time.
Learn about the process of buying property in Batumi
The best investment conditions
Apartments in modern 17 fl. House Pushkin on the street Pushkin-Griboedov
Hotel complex on Batumi Boulevard “turnkey” 1250 $
Apartments in the finished residential complex ORBI Residence, 100 meters from the sea from 850 $ sq.m.
Apartments by the sea in the Belarusian-Georgian project "Horizon" on the street. Khimshiashvili (Batumi) from 550 $ sq.m.
Apartments in the newly built residential complex Dartown,
300 meters from the sea
Apartments in a newly built 30 fl. Residential building Horizont-2
For sale apartments with sea views in 38 floor complex Alliance Palace
Apartments in a newly built 25 fl. Residential building on the street Pirosmani 150 meters from the sea
Apartments for sale in a modern residential building NEXT (orange) on the street Inasaridze
Apartments in the built 25 fl. Residential building Nova on the street Inasaridze in 180 meters from the sea
Apartments in the house of high comfort Novus on the street. Gorgosali and Khimshiashvili
Apartments in the newly built hotel complex TWIN TOWER ,
90 meters from the sea
Residential apartments in apart-hotels of the Austrian-Georgian project “Dreamland Oasis in Chakvi”
Apartments in a new house in the coastal zone on the street Kobaladze
Take a step-by-step tour through the process of buying a property with Real Estate Batumi
You could start out by finding one suitable property from our listings. It would provide a rough insight into your preferences. Or you could write us what property you search for, which parameters are critically important, which preferable and where you are indifferent.
See the list of typical questions when you buy with Real Estate Batumi
We search our online and offline database, expand it with listings from new private sellers and partner up with brokers from other Batumi realtor agencies to find number of matching properties. As we discuss each new proposal with you, we polish our comprehension of what may be a perfect match.
Insights into matches
Either we find a match in our database or from our partners, we put all our efforts to provide deeply insightful and comprehensive information supported by rich media. Batumi properties that you find appealing are photographed and video recorded by a professional photographer. We aim to present our listing as if you were present and saw everything with your own eyes (ex. property itself, view from balcony, how does the building look from inside and outside, route to land plot etc).
To ensure that we could proceed with a sound deal, we check legal and financial background of each property in the State Real estate registry. Real Estate Batumi team has obtained basic legal consulting competencies and is equipped with well designed contracts for different deal types. Nevertheless, for complex deals we have partnered up with a trustworthy legal consulting firm in Batumi.
Transfer and meeting
We can meet you in Batumi international airport, bus or train station to take you to your accommodation. While being with Real Estate Batumi brokers, you should not worry about transportation – you are covered.
Ideally, we have narrowed down our search to 2-3 perfectly matching properties before you arrive. We have had occasions when we looked through tens of properties in Batumi, it took 3 months before you arrived and 4 hours before we closed the deal and opened champagne in your new home. Even if you reach us one day before your arrival, we will do our best to help defining your needs, find matching properties, check their legal and financial background and arrange viewing.
Property rights registration in Georgia is a simple and transparent process, thus, in the majority of real estate deals parties use simplified purchase agreement. If you prefer more complex purchase agreement and, for instance, escrow account, you will be assisted by Real Estate Batumi partners from a trustworthy local legal consulting firm.
In case of buying property in a building that has not been put into operation by local municipal authorities yet (building is under construction), parties will need co-investment or preliminary purchase agreement.
Find out details on different legal aspects here
Registration and payment
Registration of purchase agreement takes place in the House of Justice, Batumi. When you sign the agreement and pay the registration fee, ownership is considered to be transferred. Real Estate Batumi consultants will be there to assist you during the registration and payment stage – will guide you through all details and procedures to ensure you don’t get into a trouble.
Find out details on different financial aspects here
Did not decide to invest?
In Georgia, there are no restrictions on the ownership of real estate, and there are no restrictions for the return of the return on investment back to your country. In Georgia, there is no real estate tax, except for a 20% capital gains tax, which is 0% after owning property for 2 years.
In the last decade, there has been a dynamic growth in the number of foreign visitors in Georgia (see Chart). The Colliers International Hospitality Sector 2015 study suggests that an increase of 8-10% is expected over the next 5 years. According to the Ministry of Finance and Economy of Adjara, direct private investments increased by 41.5% (195 and 276 million US dollars respectively) from 2013 to 2014, and 75% of investments were directed to the construction and real estate sector.
In 2016, the number of foreign visitors in Adjara reached 4 million people (source: National Investment Agency of Georgia and National Statistical Office of Georgia)
Distressed property, co-investments with trustworthy developers, adding value through renovation and enhancements, rental income properties
Making smart real estate investment in Batumi is not as simple as choosing from dozens of online listings or the best price quotes in construction site billboards. To turn your investments into profits, you need to accurately evaluate all risks you take and that is some really hard work, especially, in a real estate and construction market, which is as unstructured and unregulated as in Batumi. As for a foreign investor, another critical component of a profitable investment is to minimize time spent attending the property.
If you conclude you need a diligent partner, who would: supplement your analysis with local market specific knowledge find undervalued, growth and rental income properties take full responsibility from the moment you invest till you collect your profits we believe, we might be your best choice for Batumi!