Shekvetili Forest-Beach

This tourism real estate project in the Black Sea region of Georgia, adjacent to the luxurious Paragraph Hotel, represents an innovative and unprecedented development. Spanning an area of 40,000 square meters and capitalizing on the region's unique climate, it is an attractive destination for both investors and tourists. The project features a private sandy beach and a pine forest, and is located close to various recreational and cultural facilities. It is being implemented in five phases, with the first phase currently showing significant progress in the construction of an 11-story building on an area of 5,500 square meters. This building offers fully furnished residential units ranging from 43 to 385 square meters, in addition to a variety of luxurious amenities.

Social Services :

• 24/7 security and surveillance cameras
• Sauna - outdoor pool - gym and health center
• Gardens, green spaces, and walking paths
• Café and restaurant
• Guest reception area and business lounge
• Smart home system
• Children's playgrounds
• Parking spaces
• Basketball, football, and tennis courts
• Cleaning service

Location Features :

The complex is strategically located, as the project :

• Is 3 minutes away from the bus station
• The nearest highway is 3 minutes away
• Directly on the Black Sea
• Is 50 minutes from Batumi Airport
• Hospitals, schools, universities, and markets are within 10 to 20 minutes.

Important Note:

• Value Added Tax (VAT) is applied to real estate in Turkey at progressive rates. A rate of 1% is applied to residential properties with a net area not exceeding 150 square meters, while it increases to 20% if the area mentioned in the title deed (Tapu) exceeds 150 square meters, according to real estate tax regulations.
• For home offices and commercial properties, the Value Added Tax (VAT) is calculated at 20%, regardless of the size.

Advantages of Real Estate Investment in Georgia

Georgia boasts several advantages that make it an attractive destination for real estate investment :

1. Strategic Location : Georgia is situated between Europe and Asia, making it a vital connection point. This feature facilitates the import and export of products, as well as attracting tourists and investors from various countries.
2. Stunning Nature : The diverse nature in Georgia plays a significant role in attracting tourists and investors, as the country is home to many beautiful tourist attractions and breathtaking natural areas.
3. Ease of Administrative Procedures : The administrative system in Georgia is characterized by simplicity and transparency, which facilitates investment processes and reduces bureaucratic obstacles.
4. Increasing Arab Interest in Georgia : In recent years, many Arab countries have established diplomatic relations with Georgia, opening embassies, which reflects a growing interest in trade and economic exchange.