First or second line — what to choose
First line (up to 100 m from beach) — top prices, direct sea views, maximum rental yield. Best for short-term rental via Booking, Airbnb. From $70,000 for a studio.
Second line (100–500 m from beach) — optimal price/comfort ratio. 5-minute walk to sea, prices 25–40% lower than first line. Sea views from upper floors. From $35,000.
Best seaside districts
- New Boulevard — first and second line skyscrapers, investment apartments
- Old Boulevard — historic seafront, restaurants, nightlife
- Makhinjauri — premium complexes with private beach and infrastructure
- Gonio — quiet suburb, villas and townhouses by the sea, clean beach
- Green Cape — panoramic views, near the botanical garden
Hotel-style apartments — passive income
Most new developments on the first line operate as aparthotels: you buy the apartment, a managing company rents it to tourists and pays you a guaranteed 6–8% annual yield in USD. No need to find tenants, handle cleaning or repairs — everything included.