So you finally bought your perfect Gudauri real estate for personal or rental purposes. Congrats on that! However, normally such properties require renovation (it was either bought in “black” / “white” / “green” or “purple” frame (purple frame doesn’t exist)). And here starts the headache. Below we state a few problems you might face when starting the renovation on your own and not using the services of professionals who deal with these renovations permanently (US – RI.GE!).
1. Lack of proper design
Normally, real estate that is sold in Gudauri has little space. 30 / 40 / 50 sq m. When you are competing with other landlords – your apartment must have something that would make your apartment special. Otherwise, it might never be rented or never be rented at the price you desire. Because these apartments are small – everything must be planned smartly, so the real estate shall not feel small, but spacious. At the same time, it must have all the necessities that are in demand in Gudauri. This is why it is highly recommended to hire a professional who would provide interior design service, oriented on apartments in Gudauri.
2. Restrictions on renovation
There are certain periods of year and day when the renovation is prohibited. Gudauri has a very harsh winter, during which construction is very limited, in addition in the winter season there are many tourists, and the blocks are not allowed to conduct renovations in this period. In addition, certain renovation things are prohibited from being conducted by the new owner of the apartment (changes in the facade or other). Therefore, you might end up missing the season of renting out the apartment (oh, no!). So, all the steps of the proper renovation services shall be planned accordingly in advance.
3. Language barrier with workers
Normally, the handymen do not speak any other language, but Georgian. Thus, it is often hard to explain or get information to/from them. In addition, the workers might try to get an advantage when they work for foreigners (trying to overprice their service, take 100% of payment in advance, and conduct the work longer than needed).
4. Logistics, Logistics, Logistics…
Most professional workers live in Tbilisi. 99% of the materials that will be used in renovation shall be bought and transferred from Tbilisi. The time needed from Tbilisi to Gudauri is 2,5 – 3 hours. This makes the sourcing of materials and manpower pretty difficult. a) Hard to find committed workers b) Those workers demand pretty high fees c) Delivery of materials takes more time and money.
5. Maintenance
Once your renovation is complete, maintaining the property can be another hurdle, especially in a location like Gudauri. Due to the harsh weather conditions, properties are more prone to wear and tear, particularly during the long winter season. Snow, ice, and low temperatures can affect everything from plumbing to exterior finishes. Furthermore, because Gudauri is a relatively remote location, quick fixes for urgent issues may not be feasible. You’ll need a reliable maintenance plan in place, which includes regular checkups and prompt repairs. Having a local contact who can respond swiftly in case of emergencies is essential.
Why Professional Services Are the Smart Choice
While it’s tempting to save money by managing everything on your own, the reality is that renovations in Gudauri require local expertise. Hiring professionals who are familiar with the challenges of renovating and maintaining properties in this region can save you from a lot of unexpected headaches. At RI.GE, we have a dedicated team that specializes in Gudauri property renovations, especially in RedCo. We know the market, understand the restrictions, and have built strong relationships with trusted suppliers and workers. Let us take care of your property, so you can enjoy your investment stress-free and maximize your rental income without the hassle.
Frequently Asked Questions:
What is the current state of the Gudauri real estate market?
The Gudauri real estate market has seen significant growth in recent years, driven by the increasing popularity of this ski resort destination. As more tourists and locals are drawn to the area, the demand for properties – especially vacation homes and rental properties – has risen.
How do Gudauri real estate rentals compare to other ski resort destinations?
Gudauri real estate rentals are quite competitive compared to other ski resorts in the region. The area offers a variety of options ranging from cozy apartments to luxurious ski-in/ski-out properties. The rental market caters to tourists, seasonal workers, and those seeking long-term stays, making it a vibrant and diverse rental market.