Location
Batumi (the capital of resorts and tourism)
Property Type
Luxury apartments of various sizes, fully furnished and equipped, including all electrical appliances
prices start from
48,900$
Property Appreciation
20% by project completion
Management Company
Yes
About the Batumi Terrassa project
The Batumi Terrassa residential tower is a premium property in Georgia’s resort capital of Batumi, within walking distance of the seashore. When completed, the building will have 29 floors and 525 apartment units.
The building will combine commercial, hotel and residential space, with amenities, such as 24-hour security, cleaning service and property management. An underground parking garage will accommodate 80 cars, and outdoor parking will also be available. The tower will have 4 elevators. The ground floor will feature commercial space, for the convenience of residents and visitors.
Investors in the project are expected to enjoy an approximate 20% increase in the value of the property upon completion of construction.
The development company is proud to offer properties for low equity, enabling investors to make profitable transactions in ‘the Las Vegas of Georgia’.
About Georgia
Georgia – A decade of growth and a magnet for entrepreneurs and companies
- World Bank Rankings for 2020: Georgia ranks second in the world as the best place to do business!
- Among the indices that were weighted: a score of 92.9 in the registration of assets, a score of 85 in providing credit to businesses and entrepreneurs, a score of 99.6 in opening businesses.
- Average annual growth in the last 5 years is 3.86%!
- GNP 6% per year
- 6th place in the world with ease of doing business (Israel is ranked 39th on the list)
- Meteoric real estate growth in recent years
- A country friendly to Israel
- Accessibility: Close to Israel (just about a two-hour flight)
Batumi - Las Vegas of Europe
The city of Batumi is considered one of the most popular tourist destinations and resort capital of Georgia. Only a two-hour flight from Tel Aviv, the city is located on the spectacular shores of the Black Sea, with a breath-taking view of the snow-capped Caucasus Mountains on the other side. The city offers interesting landmarks including incredible architecture, cultural sites like the Alphabetic Tower and leisure centers.
The famous port of Batumi is today the main port of Georgia. Batumi is known as the Las Vegas of Europe, due to its exclusive casinos, impressive luxury towers, outstanding restaurants, spectacular beaches, vibrant nightlife, enchanting Georgian culture and cuisine. The city is one of the most visited cities in the world and is especially popular with European and Israeli tourists.
The low real estate prices create an opportunity for investors to enjoy particularly high annual returns.
Opportunity to invest in the tourism industry in Batumi
- A meteoric rise in tourism demand over the past decade and the city’s rise to status of the resort capital of Georgia.
- Shortage of hotel and holiday rooms >> Rise in real estate prices.
- High rental yield in relation to low real estate prices and continued price increases - a one-time real estate opportunity.
- The unstoppable development of the city which is considered as one of the most attractive destinations in the world
Why IMAX?
Your success is our success!
- Representing a range of real estate investments abroad
- Producing steady returns, high profit
- Identifying properties thanks to our experts, with over 15 years of international real estate investment experience
- Providing professional assistance at all times
- Offering investment opportunities with low equity requirements - starting at only $40,000!
- Holding exclusivity to market projects of major development companies abroad
- Supporting investors through the expertise of a large, respected law firm in Israel
- Providing investors with an escrow account, collateral and guidance throughout
- Managing projects from A to Z: The company works in collaboration with the best local property management companies in each area
