Is Buying Overseas Property in Georgia profitable for foreigners?
It is a hidden travel gem, as per https://travellemming.com/2020-emerging-destination-awards/ , which recently awarded Georgia the number one rank as an emerging destination in Europe. From the scenic beauties of the Caucasus to the vineyards, the old town spirit to the amazing delicacies, the green forest cover, the seas, and the rivers, Georgia has everything to be one of the top tourist destinations of the world. Not just that, as per Forbes.com , Georgia was listed as one of the best European cities for real estate investment. The findings were corroborated by the LeadingRE, an international consortium of real estate agents and brokers across seventy countries with 565 members. As per consensus from the organization members, Batumi in Georgia has been hailed as one of the best places to invest in a property in Georgia . The approximate construction costs in Batumi are about $37 per square foot . The availability of land with no restrictions per se on the height of t...