Are penthouses in Georgia a good luxury investment?
I’ve been eyeing penthouses in Georgia as a luxury investment, particularly in Tbilisi or Batumi. While they look stunning, I’m curious if they generate enough rental income to justify the cost. Are they primarily for short-term luxury rentals, or do they attract long-term tenants as well?
For anyone targeting the luxury market, Penthouses in Georgia offer incredible returns. I purchased one in a high-rise overlooking the Black Sea, and its panoramic views and upscale amenities make it highly desirable among wealthy tourists and expats. These properties are ideal for short-term luxury rentals but also attract long-term tenants looking for premium living spaces. While the initial investment is higher, the appreciation potential and rental income make them a solid choice for diversifying a real estate portfolio.