With at least ten big casinos and as many as thirty smaller ones, Batumi has certainly earned its nickname “The Las Vegas of the Black Sea”. Situated 15 kilometers from Turkey, where gambling is illegal, the draw of this town is strong for those keen to roll dice late into the night. At Ruebush Group we have several very clearly defined principles to minimize risk when investing in Batumi real estate – some of which are very specific to this city – which we have learned over ten years here, and our dealings with hundreds of properties.
Ruebush Hospitality Group started its business during the peak of the real estate boom in Batumi. We advised our clients in selecting optimal properties to invest in, we carried out all finishing construction works, and provided a full rental management service. Well into our third year of operations we started to observe several factors that encouraged us to change strategy for future development and shift our focus from daily rental apartments to developing boutique hotels.
Thinking about buying a share of a hotel room? We’ve got answers to your most asked questions about hotel room co-ownership. What is a hotel room share? How do I buy one or more? What kind of return on my investment can I expect?
If you’re looking for a safe, high-yield low-risk real estate investment that will yield a fast return, buying a hotel room is the best choice you can make.
Looking for a profitable investment? Investing in Batumi real estate is smart. But to earn more, there is a much smarter investment that can produce dependable hands-free passive income.
Do you want to start buying short-term rentals, but you have limited capital and experience? Investing in hotel rooms may be the perfect solution!
Five solid reasons you should buy a hotel room in Batumi instead of an apartment, if you are thinking of investing in real estate to generate income.