In a dynamic area of real estate acquisition and wealth growth, the successful investor is always on the lookout for new emerging markets. Overflowing with economic energy and rich cultural life, a small country in the Caucasus region called Georgia has become called the “New Dubai”, a new worldwide hub for small and large property buyers. Flatiko.ge is your ideal gateway to the best off-plan opportunities in this vibrant country.
A few words on the fascinating story of Georgia’s economic rise. This country has attracted investors from all over the world for more than a decade for being one of the most tax-friendly economies. In the last few years, the real estate market has outdone itself with significant capital growth, showing an unprecedented average capitalization of 30% per annum, beating all the records starting from investments and ending with the inflow of tourists.
At the forefront of this exciting growth are two sparkling gems: Batumi and Tbilisi. Batumi is a modern and fast-growing city on the Black Sea coast, attracting everyone with a variety of emerging skyscrapers, while Tbilisi is a smooth fusion of past and future, the business center of the country.
In fact, capital growth is only part of the equation. In the ever-evolving real estate landscape, the potential for a steady and reliable passive income is equally, if not more, attractive. With Georgia’s growing reputation as a top tourist destination, short-term rentals are proving to be a lucrative opportunity. Do you have a vacant property? Turn it into Airbnb and watch it turn into a solid source of income!
When we think about real estate portfolios, diversification becomes a mantra for success! To that end, Georgia presents a range of opportunities, starting from self-managed studios or apartments to managed hotel rooms from world-known brands. These unique assets not only enrich your portfolio diversity but also provide a steady passive income with zero tax, making it a true lifehack.
In conclusion, whether you are looking to expand your business into the most business-friendly country, start a new venture, or make a step into real estate investing, Georgia should be on your radar.
