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Advantages of Buying an Apartment in Seaside Resorts
Seaside real estate has always been of particular interest, as it is considered one of the most profitable destinations not only for living, but also for investment. In Europe: in Greece, Italy, Spain, Turkey and Cyprus - the purchase of an apartment in seaside resorts is associated with a high level of tourism and constant demand.
On the Greek coast, especially on the islands, apartment prices range on average from 1,500 to 3,000 euros per square meter. In Spain, on the Costa Blanca and Costa del Sol, prices are often between 2,500 and 4,000 euros, and in more prestigious tourist areas - even higher. In Italy, on the Amalfi Coast or Tuscany, real estate is particularly expensive and can exceed 5,000 euros. In Turkey and Cyprus, despite the high demand, prices are relatively affordable - within 1,200–2,500 euros.
Black Sea Coast and Shekvetili:
We see a similar trend in Georgia. For years, Batumi was the main center of attraction, although recently Shekvetili has been developing rapidly. Its popularity has significantly increased due to the improvement of infrastructure and the presence of such facilities as the Black Sea Arena and entertainment spaces. It is precisely being in the shadow of Batumi that has brought more attention to Shekvetili - there has been a demand in the market for quieter, family-friendly, less crowded resorts, where a seaside apartment can be used not only for relaxation, but also for a promising investment.
In terms of prices, buying an apartment in Shekvetili is still more affordable than in Batumi. The average price per square meter here is between $900-1,400, which increases its investment attractiveness - an apartment purchased today will gain much more value in the future.
The advantages of the seaside resort are:
- High seasonal rental yields;
- A cozy and peaceful environment for relaxation;
- Development of infrastructure and growth of tourist flows;
- Year-on-year increase in apartment values.
Shekvetili has already established itself as an alternative destination for those who want a quiet, yet investment-friendly space away from the hustle and bustle of Batumi. That is why purchasing an apartment in Shekvetili today will not only improve the quality of life, but also provide long-term financial benefits.
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