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“Terraces: The Ultimate Must-Have in Today’s Property Market” In the evolving real estate market, terraces and balconies have become more than just nice-to-have features—they’re now dealmakers. Since the pandemic, demand for outdoor spaces has surged by 70%, making terraces a key factor in property desirability, particularly in urban areas and resort destinations. Apartments with terraces offer far more than just extra square footage. They provide a private escape, a touch of nature, and a place to relax—all of which contribute to better mental well-being. In fact, properties with terraces or balconies can command 5-20% higher prices than those without. Whether you’re buying for personal use or investment, apartments with outdoor spaces are a top choice. For buyers seeking resort locations, this trend is even stronger. Sea views coupled with a terrace are considered luxury features, especially in coastal cities like Batumi, where these properties consistently attract international investors.

victoria tomashevich, [03.09.2024 16:01] I never imagined I would live by the sea. I had always seen myself as someone who thrived on the hustle of city life—more at ease among towering skyscrapers than in nature, even in the company of friends. My life was rooted in the city, tethered by a demanding job and countless responsibilities. Yet, there comes a moment of inner transformation when you begin to reassess everything, recalibrating the coordinates of your life. Then one day, a restlessness stirred within me—a yearning to change the view in front of my eyes, to rediscover beauty in the world, to feel the rush of joy, the thrill of something new, as if I were 15 again, dashing to a first date. I could almost feel the brisk air rushing past as I descended into the subway, anticipation sparking with each step. I asked myself, “What’s the first thing I’d do if I lived by the sea?” The answer was simple yet powerful: “I’d start each day with a walk on the beach.” That thought began to nag at me like a daring whisper, “Why not take regular beach walks on weekends?” Even if I wasn’t living directly on the coastline, it would still connect me to my vision. So, I began spending my weekends in a nearby coastal area, letting the sea breeze fill my lungs and fuel my imagination. Have you ever really smelled the sea? For me, it’s a heady mix of salt, iodine, a slice of ham, and an icy cucumber cocktail—a bizarre yet intoxicating blend of elements. Along with my weekend escapes, I moved to an apartment with a rooftop terrace, boasting panoramic views of the sea. Every day, I witnessed the ever-changing mood of the Black sea, its colors shifting like the sky’s temper. Living on the roof had its challenges—during heavy rains, it was like heavy metal drumming above and beneath me, and I was completely exposed to hurricanes and ferocious winds. But the visual beauty of the sea anchored me, even when the windows couldn’t withstand the Batumi rain, and water seeped into every corner of the apartment. Despite the poor soundproofing and flimsy windows, I remained a devotee of the Black Sea’s raw, natural beauty. Eventually, I moved to another apartment, but my connection to the sea deepened. I continued to nurture my vision and emotional world, growing with each wave and gust of wind, as the sea became both my reflection and my escape. 🌊 Dreaming of Living by the Sea? Make It Happen with These Self-Coaching Strategies 🌊 For those of us who crave the serenity and adventure of seaside living, turning that dream into reality requires more than just wishful thinking—it takes focus, planning, and actionable steps. Here are a few self-coaching exercises that can help you get there: ### 1. Vision Crafting Objective: Bring your seaside dream to life by clarifying and articulating your vision. Exercise: Describe your ideal life by the sea in vivid detail—what do you see, hear, smell, and feel? Spend 10–15 minutes daily visualizing this dream, imagining your daily routine, the environment, and the emotions that come with it. The more real your vision, the more achievable it becomes. ### 2. Goal Setting Objective: Break down your dream into clear, actionable goals. Exercise: Set **SMART goals**—Specific, Measurable, Achievable, Relevant, and Time-bound. For example: - Specific: Save $10,000 for a down payment. - Measurable: Track savings progress monthly. - Achievable: Research affordable seaside locations. - Relevant: Align these goals with your long-term vision of seaside living. - Time-bound: Commit to saving $10,000 within 18 months. ### 3. Action Planning Objective: Develop a roadmap to make your dream a reality. Exercise: - Create a detailed action plan with steps like: - Research: Explore trends in real estate and the cost of living in your ideal locations. - Financial Planning: Budget for a down payment and ongoing expenses. - Location Scouting: Plan visits to potential areas to get a feel for the environment. - Networking: Connect with locals or online communities for insights and advice.

victoria tomashevich, [03.09.2024 16:01] ### 4. Overcoming Obstacles Objective: Anticipate and strategize around potential challenges. Exercise: Identify possible roadblocks—whether they’re financial constraints, job relocations, or high living costs—and brainstorm solutions. For example: - Challenge: High cost of living in seaside towns. - Solution: Research less expensive alternatives or explore ways to increase income. ### 5. Reflection and Adjustment Objective: Regularly assess your progress and refine your plan. Exercise: -Schedule monthly check-ins to evaluate your journey. Ask yourself: - What have I accomplished this month? - What challenges have I faced, and how did I overcome them? - What adjustments do I need to stay on course? ### 6. Gratitude and Motivation Objective: Stay motivated and maintain a positive mindset. Exercise: - Gratitude Journal: Reflect on small wins and milestones along your journey to seaside living. - Motivational Quotes: Surround yourself with inspiring words that keep you focused on your dream. 💡 Whether you're just starting your journey or already taking steps toward your dream of living by the sea, these self-coaching exercises can help you stay on track and make your vision a reality. Remember, every small step counts, and with the right mindset and strategy, your dream can become your everyday life. "Your dream of living by the sea isn’t just about changing your location – it’s about embracing the waves of possibility. Every new horizon holds the power to transform not just where you live, but how you live. Trust the journey, and let the sea inspire your courage to change" (Victoria Tomashevich).

New Boulevard in Batumi: A Prime Opportunity or Overcrowded Market for Foreign Investors? New Boulevard, Batumi, has become a hotspot for foreign real estate investors, thanks to its luxurious beachfront developments, booming tourism, and strategic location. But is it the perfect investment destination, or are there hidden challenges? While the area promises high rental yields and appreciation potential, investors should also consider some key concerns: 1. Over-Supply and Competition As development in New Boulevard accelerates, the market is seeing an influx of new residential complexes. This surge has led to increased competition among property owners, potentially impacting rental income and resale values. 2. Market Saturation With the growing popularity of Batumi, especially New Boulevard, the market is edging towards saturation. As a result, property values may not rise as quickly as expected, and returns could be lower than anticipated. 3. Property Management Challenges Many investors rely on local companies to manage short-term rentals. However, issues like hidden fees, inconsistent quality, and lack of transparency can create hurdles for foreign owners seeking smooth management of their properties. 4. Regulatory and Legal Concerns Georgia is known for its investor-friendly policies, but unfamiliarity with local laws, taxation, and the residency-by-investment process may deter some buyers. Navigating these regulations without proper guidance can be tricky. 5. Economic and Political Risks Although Georgia’s economy is stable, some investors remain cautious about potential long-term risks. Fluctuations in the political landscape or economic conditions could affect the property market in the future. 6. Infrastructure Development While New Boulevard boasts modern amenities, concerns linger about the development pace in nearby areas like the Airport District. How these areas evolve could significantly influence the appeal and value of investments in the region. 7. Seasonal Tourism Dependence Batumi’s peak tourism season mainly falls in the summer months, which raises concerns about rental income during the off-season. Investors seeking consistent returns must account for the seasonal nature of the market. 8. Currency Fluctuations Transactions are often conducted in Georgian lari (GEL), exposing foreign investors to currency risks. Fluctuations in the exchange rate could impact profits when converting earnings or selling properties. Final Thoughts New Boulevard in Batumi offers undeniable potential, but as with any investment, it comes with its own set of challenges. Foreign investors must weigh the opportunities against these concerns and consider both short-term gains and long-term sustainability. For those ready to navigate these waters, New Boulevard remains a vibrant and dynamic market—ideal for those looking to capitalize on Georgia’s growing real estate sector. But for others, exploring emerging areas around Batumi, like the Airport District, might be a strategic alternative with untapped potential. Invest wisely, and you could secure a profitable slice of Batumi’s future!

Batumi: Your Gateway to Thriving Real Estate Investments in Georgia Why is Georgia, and particularly Batumi, becoming a magnet for foreign real estate investors? Georgia is a country known for its exceptional hospitality, rich cultural heritage influenced by Orthodox Christianity and Islam (particularly in the southwestern region of Adjara), breathtaking landscapes, and ancient wine traditions. Nestled at the crossroads of Europe and Asia, Georgia offers visa-free or visa-on-arrival access to citizens of 94 countries, with further flexibility for multi-visa holders. This ease of entry, combined with Georgia’s growing tourism appeal, has made it a prime destination for travelers and investors alike. In fact, international visits increased by 25% in the first quarter of 2024 compared to the previous year. Why Invest in Georgia’s Booming Real Estate Market? Georgia, especially Batumi, is on the path to becoming a world-class tourism destination, and the country is already reaping the benefits. Batumi, situated on the Black Sea, boasts scenic beaches, luxury resorts, and an energetic casino scene, attracting tourists and creating demand for short-term rentals. In 2023, residential sales in Batumi soared to over 374,000 square meters, with a market valuation of $328 million, marking a sharp rise from 2022. 8 Key Reasons to Invest in Georgia and Batumi’s Real Estate: 1. Favorable Tax Policies: Foreigners enjoy a 0% property ownership tax and capital gains exemptions if selling after two years. Non-resident rental income is taxed at a minimal 5%. 2. Ease of Doing Business: Georgia ranks high in the World Bank’s ‘Ease of Doing Business’ index, with quick and simple property registration processes. 3. No Foreign Ownership Restrictions: Unlike many countries, Georgia allows foreigners to purchase property freely, without limitations. 4. Booming Tourism Industry: With its growing popularity as a tourism hub, Batumi presents ample opportunities for investors to capitalize on the rising demand for hospitality and short-term rentals. 5. Rising Property Values: Real estate in Batumi is still relatively affordable, but prices are climbing as infrastructure improves, making it an ideal location for capital appreciation. 6. Strategic Location and Airport Growth: Batumi’s Black Sea location and its proximity to Europe, Asia, and the Middle East make it a strategic hub for trade and tourism. Development in the Batumi airport area further enhances its investment appeal. 7. Residency and Citizenship Incentives: Investors purchasing real estate worth $100,000 can obtain temporary residency, leading to permanent residency after five years. For a fast track to permanent residency, an investment of $300,000 is required. 8. Stable and Safe Investment Environment: Georgian government actively encouraging foreign investment, ensuring a secure environment for international buyers. Whether you’re a young professional, a digital nomad, or a seasoned investor, Georgia’s growing real estate market offers a unique blend of opportunity, lifestyle, and financial benefits. Whether you’re seeking high returns, a new lifestyle in a dynamic market, or a secure path to residency, Batumi has it all. Don’t miss out on this golden opportunity to invest in one of Europe’s fastest-growing real estate markets. Contact us today to explore available properties and start your journey toward a profitable and rewarding investment in Georgia’s thriving real estate sector. The time to invest is now!

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