High Rental Demand
Batumi's year-round tourism and Tbilisi's growing expat community create consistent tenant demand that underpins rental income projections.
Institutional-grade acquisition, management, and reporting infrastructure — built for private investors seeking structured exposure to Batumi and Tbilisi.
A rare convergence of low entry cost, high tourist demand, and zero capital gains tax — positioned at a fraction of comparable Mediterranean markets.
Batumi's year-round tourism and Tbilisi's growing expat community create consistent tenant demand that underpins rental income projections.
Georgia welcomed record international visitor numbers in recent years. The Black Sea coast and Tbilisi's Old Town consistently attract high-value leisure and business travelers.
Premium Batumi units start from $55,000 — equivalent entry-level properties in comparable European coastal markets can cost 4–8× more, with far lower net yields.
Georgia imposes 0% capital gains tax on foreign real estate investors. Combined with managed rental programs, our portfolio may offer attractive rental income and asset appreciation.*
Returns are estimates only and are not guaranteed. Past performance is not indicative of future results.
Resort city. Hotel-managed residences. 10%+ projected yield.
Long-term residential demand. Expat & corporate tenant base. 7–9% projected.
Expanding operations to the UAE market in 2025–2026.
Mediterranean EU member market planned for mid-term expansion.
Greek golden visa market and island properties in long-term pipeline.
* Expected yields. Not guaranteed. Subject to market conditions and occupancy rates.
We source and vet every unit — analyzing developer track record, project location, building specifications, and projected rental demand before presenting options to investors.
Full legal coordination from contract signing to title registration in Georgia. Notary services, power-of-attorney, and banking setup handled by our on-ground legal partners.
Complete interior fit-out from raw delivery: flooring, tiling, fixtures, electrical, plumbing, and painting — executed to a defined premium standard by our Batumi and Tbilisi team.
Full furniture and appliance packages — sourced, delivered, and installed. Every unit handed over rental-ready within our defined delivery timeline, with no investor involvement required.
Tenant sourcing, lease coordination, rent collection, maintenance response, and occupancy optimization. Full ongoing management — you receive income, not operational tasks.
Detailed monthly income statements, occupancy rates, maintenance log, and performance vs. projection. Annual portfolio reviews with Hasan directly — full transparency at every stage.
Every asset under management generates structured monthly and quarterly reporting. Investors receive full operational transparency — income data, occupancy metrics, and performance vs. benchmark.
Income collected, occupancy rate, maintenance log, utility costs, and net income per unit. Delivered on the 1st of each month.
Full P&L per unit, market comparison, occupancy trends, and forward yield projection. Reviewed directly with the advisory team.
Batumi and Tbilisi occupancy benchmarks, pricing movement, tourism data, and development pipeline updates. Contextualized for investor decisions.
Each investor receives structured onboarding, a dedicated point of contact, and systematic reporting. The platform is built for accountability — not relationship management.
Covalent Bond operates through a structured dual-office model — investor-facing operations in Israel and on-ground execution in Georgia. Every transaction is legally coordinated, every asset operationally supervised.
Investor onboarding, portfolio consultation, legal coordination, reporting delivery, and client communication. Primary interface for new and existing investors.
On-ground project execution, renovation management, property handover, tenant placement, asset maintenance, and local legal liaison. Permanent team presence in both cities.
Covalent Bond is not a brokerage or an agency. It is a structured investment management system — built to source, acquire, operate, and report on residential assets in the Georgian market.
Pre-market access to premium Batumi and Tbilisi units through direct developer relationships. Investors receive curated opportunities before public availability.
Full legal coordination from contract review through title registration and banking setup. Foreign investor compliance handled end-to-end.
Renovation, furnishing, tenant placement, and ongoing property management executed by permanent in-market teams. No outsourcing.
Monthly income statements, quarterly portfolio reviews, and coordinated exit management. Full lifecycle accountability from day one.
Covalent Bond is personally led by Hasan Shhade — not managed by a remote team. Every investor relationship is handled directly, with full continuity from initial consultation through acquisition, operations, and exit.
With a permanent presence in both Haifa and Batumi, and operational experience spanning 400+ investors across the Georgian market, Hasan brings the institutional depth of a fund manager with the responsiveness of a direct advisor.