FAQ ABOUT ARMONIA

Eco Hotels Company is based on the principles of complete transparency, to ensure that it gains the trust of its customers and builds a reputation that lasts longer than the life of its real estate.

as this most FAQ real estate buyers think of, so we archiving “in the up to date section of Documentation” shows to the public every single document of our projects, permits, legalizations, and keep it updated daily.

  • The project includes 35 villas with (garden, parking, swimming pool “optional”.
  • Four-star hotel consisting of 138 units “studios” in 3 buildings, with integrated hotel management system.
  • this most FAQ asked to our sales consultant 🙂 
  • The frontage of Armonia resort is 185 meters, and the ground level has a slope of 7%, which provides a view to all units. All units, whether villas or hotel apartments, have panoramic sea and mountain views.
  • The unique gradient design of villas in armonia guarantee a great view as 1st line is only one floor, 2nd is 1+1/2 floors, 3rd villa lines are 2 floors, and apart hotels are 3 floors.
  • FAQ hot details.
  • Prices in Armonia changes due to type of villa, size of land, condition of delivery, and market value at time of buying.
  • However villas prices starting from 180,000$ USD and up. while apartments from 1200$ to 1350$ / per m².
  • Due to the fast growing of market, Prices of real estates units in Georgia regularly inflates annually 6% : 7%

Eco Hotels preparing a separate Hotel management corporate system that will handle the properties for owner of both villas & apartments.

  • The annual rental price of hotel units in Grigoleti has risen by
    30% in 2022 to reach $95/ night for hotel room & 185$ for villas.
  • while the value of housing units increased in the same area in the last
    quarter of 2022, by 20%.

The profits of rentals are divided as follows after paying the utility dues in full:

  • 60% net profit for the owner.
  • 40% of expenses are for administration, maintenance, and security services.
  • A public car garage with a capacity of 50 cars.
  • A floating restaurant and café, as well as a covered swimming pool, shop, and market.
  • Gym & spa
  • Recreational areas, gardens, and aqua park.

FAQ ABOUT GEORGIA real estate market

Georgia is subject to Freehold Law, which allow to all foreign citizens to own freely, and buy any kind of properties “expect agriculture lands”.

regarding FAQ about Georgian residency law, the country guarantee a life time residency to all buys who own properties valued over 100,000$ USD. this residency includes the owner, and his 1st relatives family.

  1. Strategic location between Europe and Asia.
  2. There are no taxes on real estate purchases or investments.
  3. Georgia ranked among the 15 best countries for real estate investment, according to Bloomberg 2022.
  4. cost of living in much low comparing to other countries in east Europe.
  5. ranked in top 10 safest countries around the world.
  6. The real estate sales price in Georgia increased by 8%, which guarantees one of the largest returns on investment in the real
    estate market in Europe.
  7. Georgia provides an investment
    environment suitable for
    business needs

Most asked FAQ when buying a property. so, Georgia offers the citizenship after 10 years of legal residency in the country. buying a property in Georgia guarantee for you a legal real estate permanent residency, which means after 10 years of owning a property you are qualified to apply for Georgian passport.