What can you buy for €60,000: housing in Georgia, Turkey, and Montenegro

Elite and affordable real estate

In every country, there is a segment of luxury real estate that is inaccessible to the majority of the population, as well as apartments suitable for a wider audience, which in theory can be purchased by almost anyone interested. If a potential buyer has around €60,000, what housing options are available in the most popular countries for investment? For example, what can be purchased in Georgia, Turkey, or Montenegro? Depending on the region, this amount can vary: in one place, you might be able to buy a small studio, while in another, you could get spacious apartments with a stunning sea view.

Georgia: purchasing an apartment in Batumi for €58,500

In Batumi, you can find housing options starting from €58,500. This city has become attractive to foreign investors, especially among Russian-speaking populations, in just a few years. There is a steady increase in real estate prices in major cities, and this is particularly noticeable in Batumi, which is popular among tourists. In 2022, the housing price levels surprised even the most optimistic experts.

You can find apartments in Batumi starting from €30,000, but it's important to remember that for that price, you will likely have to invest in an old property that requires serious renovations. With a budget of €60,000, a wider range of options opens up. For example, for €58,500, you can become the owner of an apartment with an area of 43 square meters. This apartment has one bedroom and a spacious area that includes a kitchen. The description states that the apartment has been renovated to a high standard and features a fully equipped kitchen, including modern furniture and appliances. There are also two balconies: one with a sea view and the other with a mountain view. Notably, the beach is just a 5-minute walk away. The surrounding area has a well-developed infrastructure:

• schools
• kindergartens
• stores
• parks
• public transport stops

Georgia: apartment in Chakvi for €58,850

In the cozy village of Chakvi, located just 6 kilometers from Batumi, an apartment is for sale for €58,850. The size of this apartment is 105 square meters, and its price looks particularly attractive for investors, as Chakvi is considered a less densely populated suburb. Additionally, it is interesting to note that this area is where Georgian tea culture was born, and tourists can enjoy various types of tea.

For the specified amount of €58,850, you can purchase an apartment with an area of 105.7 square meters, making this offer particularly attractive for those looking for spacious housing. The proximity to the sea and the developed infrastructure make Chakvi an even more enticing option for real estate investment.

Property description in Chakvi

The owner of this property initially intended to use it as a rental, so he decided to divide the apartment into two separate studios. One of them has a separate bedroom, bathroom, and a cozy living room, while the other studio only has a bedroom and a bathroom. These two studios are connected by a shared corridor, which provides convenience.

In the smaller studio, the balcony is designed in a glazed version, while the two-bedroom apartment features a wide balcony that connects the two rooms and offers a beautiful view of the sea, as well as a panorama of the central part of Batumi. All rooms have been fully furnished and underwent a major renovation in 2019.

The infrastructure of Chakvi

Despite being a small village, Chakvi has a well-developed infrastructure. Here you can find:

• restaurants
• cafe
• stores
• children's playgrounds
• established public transportation system

The path to the sea with a beautiful pebble beach is only 150 meters away, making this place ideal for relaxation.

Advantages of real estate in Montenegro and Turkey

In close proximity to the apartments, there are various shops, cozy cafes, a post office, and a public transport stop. The distance to the sea is more than one kilometer. The program for obtaining Montenegrin citizenship through real estate investment attracts many interested parties, and the question of how much time remains to take advantage of such opportunities is becoming increasingly relevant.

In this context, it's also worth noting the real estate market in Turkey, where the opportunity to purchase an apartment in Alanya is available starting at€49,000.

Description of apartments in Turkey

This is about a two-room apartment, one of which is designated for sleeping, and the total area of the dwelling is70 square metersIn 2022, there was a noticeable increase in activity in the Turkish real estate market, driven by high demand for various types of properties. One of the most attractive destinations became the city of Antalya, where both locals and foreigners, including Russians, showed interest in purchasing housing.

In this city, a certain area has formed where the majority of apartment owners speak Russian — this isMahmutlarHere, the announcements and signs are predominantly presented in Russian.

Apartments in Mahmutlar

Apartments in Mahmutlar that are offered at a price€49,000occupy an area of70 square metersInside, there are two rooms: a cozy bedroom and a spacious living room combined with a kitchen area. The presence of a balcony and a roomy bathroom makes the accommodation more comfortable.

The renovation has been done to a high standard, although the color scheme is mainly presented in shades of pink, which may not suit all buyers. The seller emphasizes the main advantages of this property, such as:

• Successful location
• Availability of a pool with a steam room

Despite the noisy surrounding area, the house itself has a calm and soothing atmosphere.

Second apartment in Alanya

Another apartment in Alanya, offered for€50,000The property is located in the heart of Mahmutlar and has similar characteristics. It is a two-bedroom apartment with a total area of60 square metersis located in a modern townhouse, which is situated in a prestigious residential complex, just a few minutes walk from the sea.

The complex offers its residents several outdoor swimming pools, including an aqua park, and provides excellent leisure facilities with restaurants, cafes and bars, not forgetting sports and entertainment areas.

Amenities in the residential complex

Among the additional amenities in the residential complex is the presence of:

• Spa center with Turkish bath
• Finnish sauna
• Massage parlors
• Fitness room
• A private beach for residents

This place will be a true oasis of tranquility for those who wish to enjoy all the necessary amenities without leaving the grounds of their home.

Comfortable apartment for €50,000

An apartment worth€50,000Offers one bedroom, separate living room, kitchen and dining area. The balcony offers spectacular views of the surrounding mountains. The interior of the apartment includes new furniture and modern appliances.

Thus, housing in this complex is ideal for both permanent residence and for recreation, providing a high level of comfort and coziness.

Conclusion

In this article we have covered various offers on the real estate market in countries that attract the interest of foreign and Russian-speaking investors. Georgia and Montenegro have proven to be not only good places to invest, but also attractive places to live, thanks to their picturesque landscapes, climate and developing infrastructure.

Examining the bid information, we see that for an amount of up to€60,000You can find quite interesting housing options that can meet the needs of different buyers. Batumi and Chakvi provide attractive apartments that are not only conveniently located, but also have modern design and necessary amenities. This is especially pleasing for those looking for accommodation for rentals or vacation days, as both of these cities have a rich tourist infrastructure.

Prospects for buying real estate

It is worth noting that potential buyers can take different routes in these countries to find the most comfortable housing for themselves. In Georgia for reasonable money it is possible to buy well-maintained apartments with good repair, and even with the possibility of further renting.

Montenegro, in turn, offers a unique opportunity to live in places known for their natural beauty and history. Apartments for sale in Petrovac and Budva become an excellent acquisition not only for vacation, but also for lifestyle. The proximity to the sea and the high level of service in these towns create ideal conditions for comfortable living and recreation.

Key points

• Variety of offers:There are a variety of apartments in different styles and with different amenities.
• Reasonable prices:For up to €60,000 you can find interesting options.
• Developing infrastructure:These countries offer quality living and recreational facilities.

Thus, by investing in real estate in Georgia or Montenegro, you are not only buying a home, but also opening up all sorts of prospects for yourself. Let your desire to improve the quality of life lead you to a choice that will provide stability and joy in the future.