ESTECO cottages is an aesthetic, comfortable life in harmony with nature, at the same time as close as possible to the city and infrastructure benefits. Living Comfort The cottages are designed according to the best European design practices. The windows are optimally arranged to the angle of the sun and the direction of the wind. Land plots up to 9 acres ensure the privacy of each cottage. Exclusive location Ideal south-western location of the land-plot: maximum amount of sun, panorama view of the Meskheti-Shevsheti ridge, sea and city views, stunning sunset. The wide gorge is regularly refreshed by the sea breeze, which is important in the subtropics. Yield In Batumi, there are few luxury and premium housing for long-term rental. Demand for houses of this level is consistently high, especially if they are adapted for year-round living. Quality & Technologies The latest technologies and modern materials are used, taking into account all the peculiarities of the local climate and the seismic zone of the region. Simplicity of Purchase There are no restrictions on the purchase of real estate by foreigners in Georgia. The process of buying a property takes several hours. After the purchase, it is possible to obtain a residence permit. ESTECO | 2 Construction experience 9 years 3 years In Russia, Belarus In Georgia
The cottage complex includes 9 houses of 2 types 157 m² Total Area 127 m² Usable Area 97 m² Terrace >300 m2 Own Plot 154 m² Total Area 130 m² Usable Area 66 m² Terrace >300 m2 Own Plot Completion of complex – in the end of Year 2022 VILLA DEX ORTA ORTA ORTA ORTA DEX DEX DEX DEX DEX
National Mtirala Park Unique location from a logistical, geographical, historical and environmental point of view. Close to Batumi. A lot of markets in the area Highway Turkey - Sarpi - Batumi - Tbilisi - Azerbaidjan 10 km to the city centre 5 km to the restaurants and fish market 7 minutes to the private farmland 1 km 127 meters above the sea level ESTECO Cottages Google Earth
This keeps your home warm in winter & cool in summer. ESTECO | 19 Insulated double glazing Glass Air chambers Desiccant 1st layer of sealing (butyl tape) 2nd layer of sealing (sealant)
DEX The price per cottage is without interior trim Interior Trim «turnkey» interior trim is carried out by agreement $147 500 $138 300 Design Project as a Gift If full payment for cottage is made before the construction starts, The design-project will be given to you as a gift Cryptocurrency payment possibility
the specifics and range of local building materials, allows us to develop a design project and bring it to life as it planned. Designer Choice We provide several interior designers with a portfolio in order to choose. All designers know the local market, which allows them to accurately implement the designed solutions.. 1 Design-project Development The design project is designed by experienced designers considering the specifics of the local market for building materials, furniture, and equipment. If full payment for cottage is made before the construction starts, The design-project will be given to you as a gift. 2 Finishing according to the design project Finishing is carried out under the author's supervision of the designer. Only high-quality finishing materials are used. The result will definitely exceed your expectations! 3
A stunning sunset, sea and mountain views from the windows of each cottage Unique nature: mountains, sea, plains, caves, fortresses Delicious and inexpensive seasonal fruits and vegetables, farm products sunny days per year Advantages of living in the suburbs: • Fantastic views, which will not be covered by new buildings • No problems with car-parking • The purest air & water 280
in other countries (f.e. Croatia, Montenegro, Greece), we see a significant increase in prices for quality properties. For example, properties that cost $200,000 at the dawn of the market are now valued at 2-3 million euros. In Georgia, many processes that have long passed in these countries are only developing. ESTECO | 24 Current Development of the Region Batumi is the main resort on the Black Sea Cost, in Georgia. It is the most developing city with growing international investments. The development of suburban areas is just only gaining momentum. But already in 2022, building permits have been received to build more than 100 country cottages in the suburbs of Batumi. So far, Batumi has little luxury and premium housing for long-term rental. Demand for houses of this level is consistently high, especially if they are adapted for year-round living terms. Location and quality of construction – the reason of investment attractiveness of ESTECO cottages
apartment in the city in terms of: • High utility bills (up to 10%) • Management company commission (10-30%) ESTECO | 25 The purchase of suburban real estate will provide not only a comfortable life for the owner, but also permanent prosperity – whether it is purchased for permanent or partial rental. Renting a premium-class country house for a long-term is 2 TIMES BETTER THAN renting an apartment in the city for a long time The rental cost of country house* The rental cost of apartment* $2500 $1000 - $1300 * The average cost is given according to the results of the analysis of the real estate rental market in Batumi in 2022. or two apartments of similar size for year round living terms
foreign direct investment in Georgia in the IV quarter of 2021 was $299 million ($728.4 million was received in the I-III quarters), which is 1.4% higher than in the IV quarter of 2020. 21% 20% 12% 10% 8% 5% 5% 4% 4% 11% Great Britain Netherlands Czech Republic USA Turkiye Malta France Seychelles Russia Other Countries At the end of December 2019, Forbes magazine included Batumi in the list of the best European investment cities
the TOP-7 countries that will become the main tourist destinations after the coronavirus epidemic situation. Leading foreign-countries arriving to Georgia: Turkey 326 000 (-2%) Russia 212 000 (+2%) Armenia 164 000 (-36%) Ukraine 144 000 (+241%) Israel 100 000 (+291%) Georgia’s tourism income in 2021 1,2billion $ from different countries visited Georgia in 2021 1,9 million tourists compared to 2020 +7,7%
tax in Georgia, unlike from the European Union countries In Georgia, there is only property tax on real estate for tax residents of Georgia. It depends on the income received in Georgia. This makes buying a house by the sea in Georgia more profitable than similar offers in such popular investment countries as Spain, Bulgaria, Montenegro and others. You do not need to pay real estate taxation, if you have no income in Georgia or it is below $13,000 per year TAX FREE Your annual income in Georgia Tax, % of property value < $13 000 0% $13 000 - $41 700 0,5% – 0,8% > $41 700 0,8% – 1,0%
purchase of real estate by foreigners ESTECO | 29 The purchase of real estate is registered at the Ministry of Justice, the paperwork procedure takes several hours The transaction costs for the purchase of real estate are less than $50 In terms of ease of real estate registration into property 5th Place in the World 2nd Place in Europe Georgia We accompany all stages of the deals & help to optimize the process
real estate in Georgia worth from $100,000 House and land registered by a foreigner as private property in a country ,where he is not a resident Conditions for obtaining a residence permit in Georgia: or Georgia is a visa-free country for citizens of Russia, Ukraine, Belarus, Kazakhstan and more than 100 countries, if they stay in the country for no more than 360 days If necessary, we will advise and help you obtain a residence permit
of Europe • World Trade Organization • Organization of the Black Sea Economic Cooperation • Organization for Security and Cooperation in Europe • Communities of Democratic Choice • GUAM Organization for Democracy and Economic Development • Asian Development Bank ESTECO | 31 according safety 4th Place in the World 1st Place in the Europe Georgia in terms of simplicity of doing business 7th Place in the World 2nd Place in the Europe
any other, with a unique culture and traditions. From the beginning of time, the Georgian people have observed and passed down national traditions from generation to generation. When Georgia is mentioned, everyone immediately recalls the famous Georgian hospitality, grandiose feasts, songs and winemaking. Georgian cuisine deserves special attention - gastronomic tourism in this region is developing rapidly! The main religion in Georgia is Orthodox Christianity. However, the country has a loyal attitude towards other religions. Mosques can be seen in Tbilisi and other cities - about 500,000 people are Muslims. Tourists and guests of the country in Georgia are extremely friendly. Almost all residents speak Russian and know English well, so there will be no problems in communication. «Each guest – a gift from God» Georgian proverb
a residence permit Georgia is one of the world leaders in terms of ease of registration of property. However, the Georgian real estate market has a number of peculiarities. We fully accompany the deal, talk about the nuances that need to be taken into account. ESTECO | 33 The procedure for buying real estate in Georgia does not imply the mandatory presence of a real estate agent or a lawyer: all agreements can be discussed directly with the seller and the deal could be registered at the Justice Hall. But it is upon your choice! The process of concluding an agreement for the sale-buy of real estate in Georgia is one of the easiest in the world Justice Hall, Tbilisi
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