For the past few years, Batumi has been casting a global investment net, enticing entrepreneurs with its promising real estate market. And the reasons behind this allure are truly captivating.

Airbnb, the property rental platform, has anointed Batumi as a fashionable European hotspot for travelers. This coastal gem on the Black Sea consistently draws an expanding wave of tourists from across the world each year. The result? A burgeoning demand for premium real estate, hotels, and apartments – all ripe for savvy investors to seize.

The resort has not only claimed the coveted title of ‘Rising Tourism Destination’ at the prestigious 2019-2020 World Travel Awards, often dubbed the ‘Oscars’ of the tourism industry but also earned a spot in Forbes magazine’s list of top real estate investment markets in 2020. These accolades serve as affirmations of the Georgian city’s soaring popularity.

In Batumi, it’s not just about a two-week retreat; it’s about temporary sojourns and finding a new place to call home. In 2022, a staggering 15,000 apartments found new foreign owners, a testament to the city’s allure. With a robust 10.1% GDP growth even amid global challenges, Georgia’s economic prospects shine. Notably, during the pandemic, the demand for upscale housing surged, soaring by a remarkable 339% in Batumi.

Furthermore, the nation has embarked on the development of high-quality premium real estate, capturing the attention of investors. Take a closer look at Gonio, Batumi’s most prestigious district, celebrated for its pristine beaches, where the Wyndham Grand Residences Batumi Gonio hotel complex is taking shape. This venture is set to become Georgia’s premier 5-star All-Inclusive destination, boasting 90 distinctively designed infrastructure facilities.

Within its bounds, you’ll find everything necessary for a lavish retreat and a life of comfort. The complex will boast 16 villas, a premier beachfront townhouse hotel, a 20-story hotel replete with a water park, wellness center, and a luxurious SPA complex, as well as spacious family residences.

Investors are presented with a range of lucrative pathways to explore. The one option secures an annual yield of 5% to 7%, firmly enshrined in the contract. Meanwhile, the second alternative promises a substantial effective return of 14% per annum. The property appreciation remains a robust 30% per year. These figures, meticulously crafted by analysts, draw from the fruitful history of previous ventures and insights gleaned from independent think tanks.