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Investment apartment definition
Investors buy investment apartments to earn income through rent or appreciation, leasing them for extended periods or as short-term vacation rentals to achieve a return on investment.
What is ROI?
ROI, or Return on Investment, is a financial measure used to assess the profitability of an investment. It compares the net profit generated by an investment to its initial cost, expressed as a percentage. A high ROI indicates a favorable return relative to the investment's cost, while a low or negative ROI suggests lower profitability or potential losses.
Is it possible for foreign citizens to purchase real estate in Georgia?
Yes, foreign citizens can purchase real estate in Georgia.
How can I purchase the apartment remotely?
To purchase an apartment in Georgia remotely, follow these steps: - Choose a project. - Select your desired apartment from the available options. - Review and understand the contract thoroughly. - Provide consent to the agreed-upon terms. - Present your identification card. - Make a 30% initial deposit to register the property in your name at the House of Justice.
How can I purchase the apartment offline?
To purchase the apartment offline, meet with our dedicated sales manager. Upon arrival, you'll receive comprehensive information, witness the property's location and construction firsthand, proceed with the purchase, and complete registration through the appropriate legal channels at the house of justice.
Can I pay with crypto?
Yes, you can pay with crypto for your investment in Tower Group's Panorama.
How to manage the renting of an apartment remotely?
Tower Group offers a management company service that will rent out your apartment.
Can you provide more info about taxes on real estate?
There are no taxes on real estate in Georgia; it's TAX FREE! For more details, explore investment information.
Where is your project located?
Currently, we have 3 real estate projects: Panorama Batumi - Investment apartments located in one of the most prime locations of Batumi, on the first line of black sea coast, standing 50 meters from the beach. Piazza Residence - Residential and investment apartments located in the center of Batumi, also known as Old Batumi, one of the most prestigious and prime areas of the city. Panorama Lisi - Land plots located 15 minutes from Georgia's capital, Tbilisi, near one of the most sought-after locations - Lisi Lake - amidst tranquil and verdant surroundings.
What payment terms Tower Group offers?
Our payment terms and offers are always flexible - we aim to create offers and terms that are best suited to your needs. To learn more, please fill out the contact form, and we will reach out to you with the most compelling offers!
Our manager will contact you within 15 minutes