Hello dear redditors my first post here, i am from the EU and currently found a good project in georgia its an artifical island project like palm jumeirah also with sky high residences and yacht club etc, prices are pretty cheap compared to dubai currently. Since its my first time investing in properties what should look out for or what should i (not) do. The apartment is gonna cost me around 200k$ for 1br. Someone have experience with real estate in georgia? The apartment can be rented out by the developer itself so i would receive a 60-70% share. Considered the ongoing war in middle east and the projects getting build in georgia i think this is a good deal. I couldnt really do a background check on the developer itself they have already few 5 star hotels. Thanks im advance!
Posted by Ok_Case5741