International real estate - Worldestate.homes

International real estate - Worldestate.homes

2/4/2025, 6:50:27 PM

💎Where Is It More Profitable to Buy Property in Batumi — City Center or First Line?💎 Batumi is a city where you wake up to a sea view and end your day enjoying the lights of skyscrapers. But if you're considering buying real estate here, the main question is: should you choose the first line by the sea or the city center? Let's break down the pros and cons of both options. 1️⃣ First Line: The Sea at Your Feet Pros: — Sea view – the main reason people buy property on the first line. Panoramic windows, mesmerizing sunsets, and the feeling of being on vacation all year round. — High rental demand. Tourists are willing to pay more for accommodation by the water. If you plan to rent it out, this is a great investment. — Proximity to the promenade. Morning runs, restaurants, beaches – everything is within walking distance. Cons: — Higher price. The closer to the sea, the more expensive – both for purchasing and maintaining the property. — Seasonal noise. Summer brings a lot of tourists, meaning the area can be quite lively. — Not always ideal for permanent living. The area is mostly filled with hotels and short-term rental apartments, and infrastructure is often tailored for tourists. 2️⃣ Batumi City Center: The Heart of the City Pros: — Developed infrastructure. Schools, hospitals, shops – everything is nearby. — More affordable prices. Apartments in the city center can cost less than similar ones on the first line. — Convenient for living. If Batumi is not just a resort for you but a second (or even primary) home, the center may be a more comfortable choice. Cons: — Fewer sea views. To watch the sunset, you’ll need to walk to the promenade. — Can be noisy. Traffic, cafés, and nightlife – city centers are always bustling. — Lower demand for short-term rentals. However, for long-term rentals, this can be an advantage. So, Which Is More Profitable? If your main goal is investment and rental income, the first line is the best choice. Occupancy rates and rental prices are higher there. If comfort for living is a priority, the city center offers better infrastructure, convenience, and more reasonable prices.

International real estate - Worldestate.homes

2/6/2025, 8:16:44 AM

🏡 Georgia vs Turkey: Where to Buy Real Estate and Where to Invest? 🌍 If you're considering investing in seaside real estate, Georgia and Turkey both offer unique opportunities. From the stunning Black Sea coast of Georgia to the captivating Mediterranean shores of Turkey, each destination has its own charm and investment potential. Georgia boasts a rapidly growing economy, low taxes, and a friendly business environment, making it appealing for investors. On the other hand, Turkey's established market and diverse property options attract many buyers looking for holiday homes or rental properties. But which country is truly the better investment? 🤔 To explore the nuances of these two markets and make an informed decision, check out our detailed article on our website! Read more here: https://worldestate.homes/en/news/georgia-vs-turkiye-where-is-it-more-profitable-to-invest-in-seaside-real-estate/

International real estate - Worldestate.homes

2/13/2025, 4:30:17 PM

🔝 Northern Cyprus – a fantastic opportunity 🔝 You simply can't find such prices in Europe anymore. But Northern Cyprus is an exception. An apartment just 800 meters from the sea, with a warm climate all year round. What do the developers offer? ☄️ Studios – starting from €65,000 ☄️ 1+1 apartments – starting from €84,000 ☄️ Residency permit included with purchase; Why choose Northern Cyprus? ☄️ Affordable prices – property costs are 2-3 times lower than in Southern Europe; ☄️ Safety – one of the lowest crime rates; ☄️ Tax advantages – low property taxes; ☄️ Scenic beaches and nature – excellent ecological standards comparable to the best global resorts; This is your chance to buy property by the sea without overpaying. See property in Cyprus at developer prices on our website: worldestate.homes/en

International real estate - Worldestate.homes

2/22/2025, 10:56:08 PM

☄️ How to Complete a Real Estate Purchase in Northern Cyprus ☄️ Buying property is always a significant decision, especially in a foreign country. However, the process of purchasing real estate in Northern Cyprus is straightforward and accessible. 1️⃣ **Choosing a Property and Document Verification** Before signing any documents, it is crucial to ensure that the property is legally clear. To do this: - Check the ownership documents from the seller (title for the land or building). - Request information from the land registry. - If it's a new property, verify the developer's documents. It is advisable to do this through a lawyer who operates in Northern Cyprus. 2️⃣ **Property Reservation** To reserve the property and take it off the market, a reservation agreement is signed, and a deposit is made (usually between £1,000 and £5,000). This amount is included in the total price. After this, the buyer and seller agree on the transaction terms: - The total price of the property. - Payment schedule (if purchasing in installments). - Timeline for the transfer of the property. 3️⃣ **Signing the Sale Agreement** Once all terms are agreed upon, the main contract is drafted. The agreement includes: - Details of the buyer and seller. - Total price and payment method. - Guarantees and obligations of both parties. - Deadlines for completing the transaction. The contract is signed in the presence of a lawyer. This is a mandatory requirement that protects the buyer's rights. 4️⃣ **Registering the Agreement with the Land Registry** After signing, the agreement must be registered with the land registry within 21 days. This step is important as it formalizes the buyer's right to the property and protects against potential resale to third parties. 5️⃣ **Obtaining Purchase Permission** Foreign citizens can own property in Northern Cyprus, but official permission from the Council of Ministers is required. To obtain this, an application must be submitted, including: - A copy of the passport. - Property documents. - A certificate of no criminal record. This process can take anywhere from a few months to a year, but it is a formality that does not prevent the buyer from using the property. 6️⃣ **Final Payment and Key Handover** After full payment, a property transfer deed is signed, and the buyer receives the keys. If the property is ready, they can move in immediately. 7️⃣ **Title Deed (Property Ownership) Registration** The final step is obtaining the title deed (Tapu) in the buyer's name. This official document confirms that the property now fully belongs to you. After receiving the title deed, you become the rightful owner and can manage the property without restrictions. 8️⃣ **Important Considerations** - It is best to conduct all payments through a lawyer or notary. - Always verify the existence of the title (temporary or permanent). - Work only with reputable developers and agents. See property in Cyprus at developer prices on our website: https://worldestate.homes/en/north-cyprus/terrace/

International real estate - Worldestate.homes

2/22/2025, 10:56:49 PM

💎 Mortgage in Georgia for Foreigners: Why is it Beneficial? 💎 Do you want to buy real estate in Georgia but aren’t ready to pay the full amount upfront? Good news: foreigners can get a mortgage on favorable terms! And yes, it’s much easier than you might think. 1️⃣ What are the advantages? - Minimal down payment Banks in Georgia require a down payment of only 20-30% of the property value. This is lower than in many other countries. - Interest rates from 6% per year For comparison: in neighboring countries, rates can reach 10-12%! - Simple borrower requirements You don’t need residency or citizenship. A valid passport, stable income, and a good credit history are enough. - Fast processing You can submit an application online, and the bank will make a decision within 3-5 days. The entire process, including signing the contract, takes up to 2 weeks. - Mortgage in foreign currency You can get a loan in **dollars, euros, or lari**—choose the one that suits you best. 2️⃣ Which banks offer mortgages to foreigners? There are several major banks in Georgia where you can get a loan without citizenship: - Bank of Georgia - TBC Bank - BasisBank Each offers its own terms, but generally, they are similar: - Loan term up to 20 years - Early repayment without penalties - A friendly approach towards non-residents 3️⃣ What documents are required? - Passport - Proof of income (or a bank statement) - Credit history (preferable) 4️⃣ Why Georgia? Georgia is one of the most investor-friendly countries. There is no property tax, and the purchase process is completely transparent. Moreover, property prices remain affordable, but they rise every year. This means buying real estate with a mortgage is not only a convenient step, but also a profitable one.