00:00 Introduction
01:00 Highest ROI properties in Batumi
04:00 How to buy luxurious property for Cheap in Batumi?
06:40 English-speaking real estate brokers in Batumi
The two most popular property type for investment in rental income is seaside flats and condos. If you know Batumi's real estate number, you would notice how many skyscrapers are built every year. Most of the flats are condos. Supply is increasing every year. That was my concern when I was thinking of my real estate investment in Batumi. On the other hand, Villas are undersupplied. We have invested in Villa, the rental market is undersupplied. It is much easier to Rent this type of property throughout the year. We generate on average 15% of return annually. Sometimes as high as 25% too. Apart from the current advantage, we believe villas will outperform flats for several reasons. When buying a property there are two types of income to take into consideration - rental is usually taken into consideration but property appraisal is often underestimated. Due to the nature of Villas, there is a limited supply of land and hence will always be a limited supply of Villas in contrast to flats. Apart from that, if you compare it to European countries, you can now purchase Villa for a price of a flat in Europe.
