- We provide comprehensive care in terms of purchase, finishing, equipment as well as further rental service
- We look after the apartment service, finding tenants and cooperating with them
- We are fully responsible for your property
- Batumi's attractiveness is well proved by the fact that all major hotel chains have invested here, including Hilton, Sheraton, Kempinski, Radisson and of course our WYNDHAM – an international company associated with over 19 brands and owning about 7,600 hotels around the world.
Last year alone, the number of tourists increased by over 20%. According to statistics from the Georgia Department of Tourism, 6.3 million international guests came to Georgia. Hotel and housing resources cannot cope with the influx of tourists, therefore the demand for rental property in Georgia is higher than supply.
Experts from the International Investment analytical journal estimate the growth dynamics of the Georgian real estate market as one of the most intensive in Europe. At the same time, experts point out the internal problems of the Georgian real estate market related to the low solvency of the population. The rapid market growth is largely due to the state land registration programme and the high demand for real estate in Georgia among foreign buyers. The real estate market in Georgia shows growth for the fourth year in a row. In percentage terms, the increase ranged from 15 to 34.1% per year. Such numbers are quoted by the National Agency of Public Registry of Georgia.
Many Georgians and foreigners invest money in real estate – they buy apartments, guesthouses, mini-hotels and hostels, but demand is still higher than supply. According to expert forecasts, this situation will persist for some time, and the real estate market in Georgia will develop for at least 5 to 7 years.