Real estate investment in Georgia

Overview: what a property manager does, reducing vacancy, optimizing costs, improving tenant mix and pricing, reporting, choosing a reliable management partner.

Key points: demand drivers, promising locations, property types, risks and currency aspects, legal due diligence, practical investor steps.

• Check ownership and property status
• Understand tax and reporting obligations
• Prepare clear guest agreements and rules
• Ensure safety, amenities and guest communication
• Choose platforms and manage pricing by season
• Organize cleaning, check-in and maintenance
• Consider insurance and deposit policies
• Get professional help for accounting and property management

• Why seaside apartments attract investors
• Rental income potential and seasonality
• Maintenance, management and liquidity risks
• Choosing location: beachfront vs outskirts
• Apartment types and target renters
• Financing, taxes and legal checks
• Practical buying checklist
• Ways to reduce risk and improve returns

- What gross and net rental yield mean
- Step-by-step calculation method
- Common expenses: management, utilities, maintenance
- Short-term vs long-term rentals: seasonality and occupancy
- Example scenarios to illustrate yields
- Effect of mortgage and down payment on returns
- Ways to increase yield: renovation, staging, pricing
- Risk management: diversification, insurance, reliable agent
- Practical checklist for choosing property in Batumi

1) Simple purchase rules and friendly legal framework; 2) Tax and residency incentives for investors; 3) Growing tourism and rental demand; 4) Variety of assets: apartments, houses, land; 5) Relatively low entry barriers and transparent market; 6) Income potential from rental and resale; 7) Need for document checks and local support; 8) Practical steps: research, visit, lawyer, management.