If you’re looking to buy apartments in Tbilisi, you should consider buying in the center of the city. Although prices there are higher, the rental income is good and you can get a decent return on your investment.
Apartments in Tbilisi are not only a good investment option, they are also a convenient place to live in. There are three main districts in the city: old Tbilisi, Vake and Saburtalo. Each district offers different kinds of housing and real estate, so you’ll need to do some research to determine which one is best for you. You’ll also want to keep in mind your personal needs and financial situation. квартиры в тбилиси купить
Prices for apartments in Tbilisi vary significantly depending on the neighborhood and the floor. For instance, a three-room apartment with 70 square meters of space costs around $50,000. In the suburbs, however, this amount is much lower.
Many foreign nationals are interested in the Georgian market and choose to purchase an apartment for a long-term stay or investment. The city is also popular among tourists. This is a sign that there is a demand for rental properties. It can be difficult to find a decent apartment, but you can rely on Airbnb to help. However, if you do decide to rent your property, be careful.
Foreigners are the biggest buyers of apartments in Tbilisi. They mostly buy for investment purposes. They are especially interested in new buildings with good construction standards.
Another good opportunity is in the city’s historic district. These neighborhoods are filled with beautiful houses, which have been restored and renovated. You’ll also find plenty of shops and entertainment facilities. Buying an apartment in Old Tbilisi allows you to immerse yourself in the historical atmosphere.
Among the most popular districts are Saburtalo, Vera and Mtatsminda. These areas are attractive for foreigners because they are close to the capital. Other districts with high rental rates include Vake and Rustaveli Avenue.
Buying an apartment in the suburban areas is also popular because they offer a higher price per square meter. But you’ll pay more if you purchase a luxury building with a good construction quality. Some apartments in the suburbs cost more than $30,000, while those in the city center are only a few thousand dollars more.
While renting an apartment in Tbilisi is a great way to earn a passive income, you’ll have to do some research before making a decision. In addition, the city has a limited rental market, so you’ll have to compete with other tenants. Fortunately, the turnover rate in the apartment rental market is high.
Whether you’re interested in a short-term rental or a long-term residential rental, you’ll have to consider a variety of factors when choosing a rental property. Aside from the location, you’ll also need to consider how close the apartment is to the city center, the number of people living in the neighborhood and the amenities offered in the area.
If you’re interested in purchasing apartments in Tbilisi, you should do some research and get advice from a real estate agent. Not all agents are knowledgeable about the market and properties.
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