Forbes Magazine put Batumi in the list of Best European Cities to Invest In For 2020. The publication writes that Batumi is the third largest city and a popular Black Sea resort in Georgia.
According to Forbes, they are no restrictions on the construction of multiple-storey buildings and developers and buyers are increasing their possibilities to the maximum.
Forbes writes that 22 752 apartments were built in Batumi in 2018-2019 and that investors, including from neighbouring Turkey, are attracted by relatively affordable prices on land plots.
The list of Best European Cities to invest in for 2020 also includes Rotterdam (Netherlands), Naples (Italy), Megève (France), Székesfehérvár (Hungary), and Porto (Portugal).
