
Date added: 25.09.25
Article outline — mirrored brief for clarity
Premium apartments appeal to buyers and tenants seeking higher standards, concierge services and prime locations near the sea. They often perform well in tourist seasons and attract longer-term tenants out of season. Clarify whether you prioritize cash flow, capital preservation, or personal use before looking at options.
Focus on areas with developed infrastructure: promenade access, restaurants, healthcare and shops. Closer proximity to the coastline and public transport tends to increase demand and prices. Also research planned public works or private developments that can raise a neighborhood's profile.
Request land titles and construction permits. Review the developer's previous projects for on-time delivery and finishing standards. Visit model apartments to confirm materials, layout, and on-site services such as security and maintenance.
Hire a local lawyer to check title, encumbrances, and permitting. Ensure the purchase contract specifies payment stages and the process for registering ownership. For foreign buyers, confirm any residency or tax requirements tied to property ownership.
Estimate rental income conservatively and factor in seasonality. Account for utilities, homeowners' fees, management, repairs and local taxes. Compare short-term and long-term rental strategies — short-term can yield higher rates but needs more hands-on management.
Explore payment options: full payment, local mortgages or developer financing where available. Be mindful of currency volatility in income and liabilities. Consult a tax advisor to understand filing obligations and potential incentives.
If you won’t be local, consider a professional property manager to handle bookings, maintenance and guest communication. Good management preserves asset value and reduces vacancy periods.
For more context, review related pages on the site: /investing-premium-apartments-batumi and /investicia-premium-bina-batumi. Proceed step-by-step and rely on local experts when needed.