New residential complexes in Gori
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Mariam Sarkisyan
Korter Real Estate Consultant
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How to choose a new development in Gori?
Gori, located in the heart of Georgia, is becoming one of the most attractive cities for real estate investment. Known for its rich historical heritage and cultural landmarks, Gori offers a unique blend of tradition and modern living, making it a great place to live and invest. The new developments in Gori are modern residential complexes that meet all the standards of comfort and safety.
One of Gori's key advantages is its strategic location. The city is close to major transport routes, providing easy access to other regions of Georgia. This makes Gori an ideal choice for those who value convenience and connectivity. Investing in new developments in Gori is a promising opportunity. As the city continues to grow and attract new residents, property values are on the rise. Buying an apartment in a new development in Gori can be a smart choice, whether for personal living or rental income.
New developments vs. Resale properties
| Parameter | New developments in Gori | Resale properties in Gori |
| Construction quality | New developments are built with modern technologies and materials, ensuring durability and energy efficiency. They often include advanced security systems and engineering solutions. | Resale properties may need repairs and upgrades. The materials and technologies used may be outdated, leading to lower energy efficiency and security compared to new developments. |
| Infrastructure | New developments are often in growing areas with new infrastructure, including nearby shops, schools, and medical facilities. This provides convenience and comfort for residents. | Resale properties are typically located in established neighborhoods with settled infrastructure, which can be an advantage. However, updates and modern amenities may be less frequent. |
| Layout and design | New developments offer modern, functional layouts with spacious kitchen-living areas and balconies. The design aligns with contemporary standards and trends. | Layouts in older buildings may be less convenient and functional. The design and finishes are often outdated and may require updates. Spacious rooms are less common. |
| Maintenance costs | New developments generally have lower maintenance costs due to new engineering systems. Energy-efficient solutions help reduce utility bills, and overall upkeep is more affordable thanks to modern technology. | Resale properties might have higher maintenance costs due to the need for repairs and upgrades. Utility bills can be higher because of outdated systems, and older buildings often require more frequent maintenance. |
| Security | New developments often feature video surveillance and security services. Gated areas and concierge services add extra peace of mind. | Resale properties may lack modern security features. Safety depends on the condition and equipment of the building, often requiring additional measures for security. |
| Legal clarity | Buying a new development usually comes with clear, straightforward legal documentation, reducing the risk of issues like encumbrances or ownership disputes. | Resale properties can have a complex legal history, with potential issues related to ownership or unresolved disputes. Thorough checks of documents are essential before purchasing. |
| Investment potential | New developments in emerging areas may appreciate in value more quickly. High demand for new housing makes them attractive to investors, with potential for higher rental income. | Resale properties may offer stable but slower value growth. While demand for resale properties is consistent, rental income might be lower. Investment potential depends on the property’s condition and location. |
| Living comfort | New developments offer a high level of comfort with modern amenities and infrastructure, often including extra features like fitness centers and playgrounds. | Resale properties can offer comfort due to established infrastructure. However, some may require modernization to meet current comfort standards. The comfort level largely depends on the property’s condition and maintenance. |
Key factors to consider when choosing a new development
- Location: Make sure the new development is in a convenient area with good access to transportation.
- Developer’s reputation: Research reviews and the track record of the developer’s past projects.
- Construction quality: Ensure that modern technologies and high-quality materials are being used.
- Apartment layout: Choose an apartment with a practical and functional layout.
- Energy efficiency: Check for energy-efficient systems that can help lower utility bills.
- Local infrastructure: Consider the proximity to shops, schools, and medical facilities.
- Transportation access: Look into the availability of public transportation and easy access to major roads.
- Security systems: Verify that the building is equipped with modern security features like video surveillance and guards.
- Parking: Check if there is adequate underground or surface parking.
- Completion timeline: Confirm the expected completion date and handover schedule.
- Legal clarity: Ensure there are no legal issues with the property’s documentation.
- Maintenance costs: Find out the monthly maintenance fees for the building.
- Soundproofing: Ask about the quality of soundproofing in the apartments.
- Apartment size: Compare the available apartment sizes and pick the one that suits your needs.
- Ceiling height: Check the ceiling height for a more spacious feel.
- Balcony or terrace: Make sure the apartment includes a balcony or terrace.
- Landscaping: Look for well-maintained green spaces and courtyards.
- Heating system: Verify what type of heating system is installed in the building.
- Developer guarantees: Inquire about the guarantees provided by the developer on construction quality.
- Ventilation and air conditioning: Ensure that the ventilation and air conditioning systems meet modern standards.
- Fire safety: Check that the building has up-to-date fire safety systems.
- Entrance and lobby: Pay attention to the condition and appearance of the entrances and lobbies.
- Building height: Choose a building height that matches your comfort preferences.
- Elevators: Ensure the building has modern, reliable elevators.
- Mortgage and payment plans: Explore options for financing the purchase through a mortgage or installment plan.
- Future development: Find out about the developer’s plans for future projects in the area.
Prices for new buildings in localities near Gori
| Manglisi | from 2 658 ₾ per m2 |
| Bazaleti | from 2 671 ₾ per m2 |
| Saguramo | from 4 110 ₾ per m2 |
| Bakuriani | from 3 302 ₾ per m2 |
| Gudauri | from 5 138 ₾ per m2 |
| Borjomi | from 2 633 ₾ per m2 |
| Tbilisi | from 3 759 ₾ per m2 |
| Rustavi | from 2 258 ₾ per m2 |
| Telavi | from 2 044 ₾ per m2 |
| Kutaisi | from 2 663 ₾ per m2 |
| Gurjaani | from 9 865 ₾ per m2 |
| Zugdidi | from 2 581 ₾ per m2 |
| Kobuleti | from 3 518 ₾ per m2 |
| Shekvetili | from 3 754 ₾ per m2 |
| Ureki | from 2 614 ₾ per m2 |
| Chakvi | from 3 617 ₾ per m2 |
| Poti | from 2 055 ₾ per m2 |
| Makhinjauri | from 3 408 ₾ per m2 |
| Batumi | from 4 118 ₾ per m2 |
| Gonio | from 7 056 ₾ per m2 |
Prices for apartments in localities near Gori
| Manglisi | from 130 248 ₾ |
| Bazaleti | from 81 525 ₾ |
| Saguramo | from 986 526 ₾ |
| Bakuriani | from 54 149 ₾ |
| Gudauri | from 120 794 ₾ |
| Borjomi | from 86 096 ₾ |
| Tbilisi | from 68 508 ₾ |
| Rustavi | from 70 254 ₾ |
| Telavi | from 58 427 ₾ |
| Kutaisi | from 72 756 ₾ |
| Gurjaani | from 260 442 ₾ |
| Zugdidi | from 93 514 ₾ |
| Kobuleti | from 64 321 ₾ |
| Shekvetili | from 121 191 ₾ |
| Ureki | from 94 268 ₾ |
| Chakvi | from 84 950 ₾ |
| Poti | from 104 571 ₾ |
| Makhinjauri | from 79 141 ₾ |
| Batumi | from 64 321 ₾ |
| Gonio | from 70 218 ₾ |