We find houses, guest properties and plots in Ureki, check the documents and run the deal through to the registry extract. We calculate the real yield of a seasonal property and check what is usually hidden under fresh finishes.
What we check
The registry extract: owner, encumbrances, attachments; the actual buildings and floor area against the documents; the land designation, the boundaries and the access; the foundation and plinth — waterproofing, traces of flooding; the engineering of a guest property, with an instrument inspection where needed.
What we take into account in Ureki
Sandy ground and a high water table are the first theme. A damp plinth and a foundation without waterproofing are common here, and a moisture meter shows it before any stains appear. For a buyer that is a direct argument in negotiation.
The second is houses built quickly and without a design, for rental. Self-built electrics, a water heater that cannot cope with several bathrooms, a roof with no ventilation gap. In summer the property works at full capacity, and things like that fail at the most expensive moment. The third is the yield: the resort is a family one, bookings are long, and the season is dense but short. We give a month-by-month calculation.
The deal
Negotiation, deposit, contract, the Public Service Hall, registration, handover of keys. For buyers from outside Georgia — a power of attorney, settlement through a bank or a notary’s escrow account.
After the purchase: renovation, outfitting, management. All services: Ureki; general terms: property search.