Buy cheap secondary in Batumi

The developing city is teeming with new buildings, there are billboards everywhere and calls to invest in a developer who will exactly fulfill your dreams. But, as in any other country, here you can run into scammers or unscrupulous developers. Therefore, we decided to focus on the selection of real estate in the secondary market of Batumi.

The advantages of secondary housing include:

• The opportunity to work directly with the owner and get an additional discount. Brokers (realtors) in Georgia take a commission, and when making a transaction directly, the owner saves up to 3%. Therefore, he can agree to a discount.
• Prices on the secondary market are cheaper. Most developers indicate prices without taking into account repairs, as a result, the apartment costs much more.
• There is no cheating on the footage. In new buildings, the square footage is taken on a “black frame” – together with a balcony and without partitions. After internal work, it can significantly decrease.
• The opportunity to see housing with your own eyes, talk to neighbors, learn the features of communications and the presence of a management company.
• See the courtyard and the view from the window. Sometimes new buildings are built right next to each other, there is no adjacent territory, nor the promised beautiful view.
• Look at the quality and reliability of the building. Houses that have been standing for several years and are still not overgrown with mold will stand for as long. But in new buildings you will be able to see the result only in 3-5 years.

Of course, there are reliable developers who have already earned an excellent reputation. These include the companies Orbi and Alliance. The value of their real estate is higher, but you can be sure that you will not be deceived. In their case, you will definitely be satisfied with the result.

When buying a home in any country, it is better to consult with local residents, it is great if you have Georgian friends who will help with negotiations and checking the apartment before buying. Otherwise, you will have to spend money on additional services of an interpreter and a lawyer. It will cost 50 – 500 liras, depending on what services and how long they will be provided.

There are a lot of billboards with phone numbers of developers in Batumi. Residents selling second homes post ads on the windows and balconies of their apartments. Therefore, just walking around the selected area of the city, you can find a suitable accommodation.

In addition to such advertising, there are various websites and newspapers with ads. Among the most popular are batumiFlats.ge , geo-home.com , batumimania.com , myhome.ge, saqme.ge. The latter site has the newspaper of the same name Saqme. If there are mostly realtors on the Internet, then the owners usually give ads to the newspaper. But it's in Georgian. We'll have to resort to the help of an interpreter again.

So, you have decided on the area of Batumi, found a suitable apartment. What to do next?

1. Request an extract of the selected property in the Public Register. Examine the existing debts, loans, the number of owners and registered residents. It is necessary to minimize such risks not only in Georgia, but also when buying a home in any other country. Keep in mind that the statement is issued only in Georgian. Here you will definitely need help in translation.
2. Check the footage and redevelopment. All changes, if any, must be coordinated with the neighbors. If the housing is located in a historical place, then with the supervisory authorities.
3. Pay attention to the walls of the house. Housing on the seashore is always accompanied by high humidity, and mold is common here. But high-quality ventilation solves this problem.
4. Find out who is servicing the house, what is included in the services of the management company. See if she is fulfilling her duties. Sometimes the lack of proper care turns a dwelling into an unkempt crumbling building. Buying real estate, I want to believe that life in this house will bring joy and pleasure for more than one year.
5. Find out the cost of utilities and the availability of heating. For residents of Russia, it is very surprising that not all houses have heating in Georgia. Here they manage with individual gas columns, air conditioners and radiators. Depending on the quality and reasonable connection, the cost of utilities varies.
6. Look at the territory near the house and the view from the window. This is often the determining factor when choosing an apartment in an apartment building. I am not very happy about the absence of any territory, Parking and a playground near the house. And talking and drinking tea with a neighbor from the house opposite, sharing sweets right through the window (they are so close), also not everyone will like it.

A luxury apartment in Batumi on the secondary market can be bought inexpensively. The main thing is to approach the choice seriously and responsibly, not to make rash spontaneous purchases.

The procedure for transferring real estate to ownership in Georgia is very simple and does not require the collection of a huge amount of papers and time. There are no special restrictions for foreigners. Everything you need can be collected in 1 day, and after 4 days you can already become a full owner of your own home in the resort town of Batumi on the seashore.

Documents that a foreigner will need for registration:

• Passport – a notarized copy with a translation into Georgian. Translation and notary services are paid separately and in advance.
• The contract of sale - 3 copies, one in the buyer's native language. They are assured free of charge in the House of Justice. For drafting, you can pay for the services of a lawyer, or you can use primitive contracts in the House of Justice. But it is impossible to make changes there and prescribe special terms of the transaction. Again, the services of an interpreter are mandatory.
• State duty – depending on the urgency, the amount of duty depends. If you want to get the property documents on the same day, pay 200 GEL. The next day – 100 GEL. For the rest, you will have to wait 4 days and pay only 50 GEL.
• Power of attorney, if you are not present at the transaction – in Georgian, issued to a representative.

In conclusion, I would like to talk about the advantages and bonuses that the owner of real estate in Georgia receives, even if he is a non-resident of the country.

The main thing, of course, is the opportunity to obtain a residence permit and citizenship of Georgia. Given the cheap cost of housing, you can not only buy real estate by the sea, but also invest in the future. The laws of the country do not prohibit renting out purchased housing or using it for other commercial purposes.

An advantage, of course, is also interest-free installments, including for foreign citizens. And over time, the percentage really remains 0, and there are no price increases per square meter over time. Of course, you need to carefully read the contract in the bank.

Thus, it is possible to realize the dream of housing on the seashore. And Georgia, like no other country, besides the coast, offers incredible natural landscapes and ancient history, which is infinitely interesting to study.