Natural and climatic features of Georgia are the country's main wealth
Georgia is rich in beautiful beaches, developed ski resorts, historical landmarks, and mineral water springs. All this and much more attracts many foreign tourists and makes them want to buy an apartment in Georgia.
Climatic conditions
The most popular resort in Georgia is Batumi. It has the highest ratings for real estate sales, primarily due to its unique climate – a combination of sea and mountain air.
Winter in Georgia is quite mild, with an average temperature of +5-6 degrees. This is also an important factor for our compatriots who do not like harsh winters.
Visa-free regime and residence permit
The absence of a visa regime and the possibility of staying in Georgia for 180 days increases the number of people wishing to acquire housing here every year. It is also not difficult to obtain a residence permit in this country. Foreigners who have been in Georgia for 180 days a year for the last 5 years or have invested at least $30,000 in the economy or real estate have this right.
Many are attracted by the fact that a Georgian residence permit grants foreigners all the rights that local residents have, except for the right to vote. After 5 years of permanent residence in the country with a residence permit, foreigners can apply for Georgian citizenship.
Rise of the real estate market
In the last few years, active development of Georgia with modern projects has been carried out. Many resorts have seen the emergence of numerous world-class hotels and residential complexes.
Having an apartment or house in Georgia, during periods of absence from the country, this property can be rented out. For locals, this is one of the most profitable types of investment. The average annual income from renting out one's own housing in Georgia is several thousand dollars.
Also important is the fact that most of the population speaks Russian. This circumstance greatly facilitates the process of buying real estate and living in the country. In addition, the Georgian people are famous for their delicious dishes with spicy seasonings.
If you are attracted to this country, do not refuse to purchase your own housing. The best options for real estate in Georgia can be found at redco.com.ua.