Batumi is the second largest city of Georgia. located on the coast of the black sea in Georgia’s southwest. It is situated in a subtropical zone at the foot of Caucasus. Much of Batumi’s economy revolves around tourism and gambling (It is nicknamed “The Las Vegas of the Black Sea”), but the city is also an important sea port and includes industries like shipbuilding, food processing and light manufacturing. Since 2010, Batumi has been transformed by the construction of modern high-rise buildings, as well as the restoration of classical 19th-century edifices lining its historic Old Town.
Batumi’s climate:
Batumi has a humid subtropical climate (Cfa) according to Köppen’s classification. The city’s climate is heavily influenced by the onshore flow from the Black Sea and is subject to the orographic effect of the nearby hills and mountains, resulting in significant rainfall throughout most of the year, making Batumi the wettest city in both Georgia and the entire Caucasus Region.
Earlier this year, Batumi received the title of “Europe’s Top Emerging Tourism Destination” at the World Travel Awards.
Amy Dobson, a senior member of Forbes, has described the seaside town of Batumi by the Georgian Black Sea as “one of the best European cities to invest in the year 2020”.
Dobson did some research to find out which cities were showing signs of real estate growth but had not yet surpassed the profit margin.
The research was conducted at a global consortium of 565 real estate brokers in 70 countries.
Dobson told Chris Dietz, Executive Vice President of Global Operations for LeadingRE:
“Despite the large number of lands in batumi and the limited constraints on development, New projects are emerging in the city to meet their demand. ”
She also noted:
“Investors, from neighboring countries like Turkey, with a 2000 year history and culture And also the favorable prices are attracted to Batumi compared to other more well-known European seaside centers. ”
Source: agenda.ge
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