INVESTOR PAGE
Why Georgia?
Georgia is a safe, politically stable, and economically fast-growing country; the Crime level is low in the country that guarantees peace;
The country has easy, fast, and cheap procedures for registering property. Getting official documents is quite simple because governmental institutions work on a digital platform. Registration can be done online. The registration fee is 30 USD and it takes only one day which is quite convenient for a real estate investor.
Tax system is quite flexible in Georgia with low tax rates; for example: if selling an apartment after two years from purchase, no taxes are charged; if selling the property within 2 years the tax rate is only 5%; tax on rental income is only 5%.
Rental market of Georgia is limited which causes prices to rise. By renting you get a high annual profit with a low recovering period. Due to high demand, it is easy to find a tenant. This is an excellent opportunity for investors interested in real estate. The rate of ROI is quite high which allows us to return the investment in 8 years.
Georgia is an attractive country in terms of the overall quality of life. People are peaceful and friendly. People of different nationalities peacefully co-exist in the country. Education level is high which determines the flow of a large number of foreign students.
Georgia is an attractive country for launching a business. The country annually improves its index of fighting against corruption. Georgia ranks 24th according to the World Bank's Doing Business Index. Georgia signed Agreement on Deep and Comprehensive Free Trade Area (DCFTA) with the EU in 2014. According to the agreement, products produced in Georgia can be exported to the EU without customs taxes.
Why Tbilisi?
Tbilisi is the capital of Georgia, and it is a city of constant activities. Mobility is always very high here.
Tbilisi with its historical texture and untouched historical architecture is a city that represents all centuries. It seems time has stopped in this city. That is why, it is one of the most interesting cities in the world.
Tbilisi has the best investment conditions in Georgia and the revenue from rentals is high. The time needed for the return of your investment is quite short which is very satisfying for investors.
Tbilisi, like other cities in Georgia, is one of the most reliable cities in the world. It is a calm city with an active nightlife. The city is clean and tidy. Living is quite budget-friendly and is cheaper than in many other countries.
Why Prestige Kostava?
Prestige Kostava is one of the exceptional projects of Mikhail Neprintsev, the famous Georgian architect of the 20th century. Another advantage of the project is its location. As mentioned, it is located in the city center.
Prestige Kostava has all the best architectural features of the period, for example, a high ceiling that lets the visitor feel the space.
Kostava Street, where the project is located, allows you to travel through time because you will encounter other historical buildings as well. In other words, you will keep feeling brilliance of the history even in the street after leaving your house.
