Investment Property in Batumi

Invest in Real Estate in Batumi

Investment Property in Batumi
Investment Property in Batumi

Batumi property investment can be a worthwhile venture if you are selective with the areas you choose to invest in. If not, you could find that your investment suffers due to low rental yields, dwindling demand, and slow property price growth in many parts of Batumi .

Search Map of Batumi Investment Real Estate

Batumi (; Georgian: ბათუმი [bɑtʰumi]) is the second largest city of Georgia and the capital of the Autonomous Republic of Adjara, located on the coast of the Black Sea in Georgia’s southwest. It is situated in a subtropical zone at the foot of the Caucasus. Much of Batumi’s economy revolves around tourism and gambling (it is nicknamed “The Las Vegas of the Black Sea”), but the city is also an important seaport and includes industries like shipbuilding, food processing and light manufacturing. Since 2010, Batumi has been transformed by the construction of modern high-rise buildings, as well as the restoration of classical 19th-century edifices lining its historic Old Town.

The financial stability of Batumi has translated into a real estate market that rewards forward planning and a willingness to look beyond areas of traditional affluence.

 

Buy to Rent in Batumi

 

Renting out your Batumi buy-to-rent investment property can grow wealth and income.

 

Whatever your goals with investment property in Batumi are – preparation is key.

 

  • Set goals based on how much rental yield will be required and the local rental yield rates in Batumi and be prepared to change your initial outlook.
  • Thoroughly research the Batumi location with a special emphasis on fringe areas outside the main Batumi metropolis that may be valued lower than their better-known neighbors. Rental yields of around 5% are still attainable in certain areas of Batumi.
  • Ensure that your target investment property in Batumi appeals to professionals. This is a demographic that ensures maximum income and low voids.
  • Finding and vetting suitable tenants is a job ideally left to the professionals. Working with an established letting agent with local knowledge and experience of property legislation will give you the best chance of success.

 

With our expert guidance, investing in Batumi provides the secure knowledge that your money is working harder than it would in a local Batumi bank and that future generations of your family will be left with substantial capital growth assets.

 

We are always happy to advise on buying investment property in Batumi, where we have been established for over 35+ years. Physis Realty has been a firm fixture in the Batumi property market through good times and bad. Our experts have seen it all and our portfolios continue to outperform.

Flipping Investment Property in Batumi

Flipping property in Batumi

 

Flipping property is when we advise clients to buy a Batumi property below market value, renovate it and then make a profit by selling it at a higher price, all within a few months, and often before the Batumi market has a time to react to the renovation.

 

The Flipping Strategy in Batumi

 

Investment property flipping in Batumi is a simple strategy. You find a property that is in need of renovation from our list and purchase it for a low price. These type of Batumi real estate investments are sometimes referred to by professionals as ‘distressed’ Batumi real estate.

 

What is distressed Batumi property:

 

  • Batumi property in need of renovation
  • Batumi real estate with a change of purpose and use
  • Oversold Batumi property
  • Bank repossessions in Batumi

Put simply, long term investors in Batumi purchase the property, renovate it and make it a lot more attractive to potential buyers.

 

Calculate profit that you make from Batumi investment property flipping:

 

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

Batumi property purchase price: $220,000

Renovation costs: $20,000

Other costs: $25,000

Property sale price: $400,000

Profit: $135,000

 

Experienced property developers in Batumi use a minimum profit value of 22% when looking at potential Batumi projects.

 

The reason for this is because there are lots that can go wrong in Batumi property flipping and working on a potential margin of 22% should still leave a good margin of error.

 

Invest through a Fund in Batumi

 

Property Secured Investments is a Private Equity fund that invests in Batumi and many other towns and cities across Europe. The fund is only available to Sophisticated Investors and closed to United States Citizens. While this is not an offer or promotion of the fund, more information can be found at the website

Luxury Property in Batumi

For luxury property investors hoping to add a superb property in Batumi to their luxury real estate investment portfolio, Physis Realty is a trusted partner.

 

A world leader in luxury real estate with a portfolio comprising some of the most sought-after real estate in Batumi, Physis Realty caters particularly to high net-worth individuals and families. A luxury real estate investment in Batumi should be entrusted to only the highest-quality agency.

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