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Apartments in Batumi from USD 65,000

New builds in Georgia's largest resort on the Black Sea. Tell us your budget and we will send the options on sale right now, with floor plans, prices and an instalment schedule.

  • Interest-free instalments from the developer
  • Rental yield can reach 10-⁠16% a year
  • 5% tax on rental income in Georgia

Get Batumi properties with floor plans, prices and an instalment schedule

Answered by Inga Iesalniece, board member of Vertex Capital and president of the BNI Jufess chapter.Answered by Inga Iesalniece, BNI Jufess president

BNI
What is your budget, USD? Step 1 of 3
What is the property for? Step 2 of 3

Where should we send the options? Step 3 of 3 Inga will send properties for your budget with floor plans and prices.

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New-build project in Batumi, visualisation

Vertex Capital SIA, Reg. no. 40203541794. Inga Iesalniece, president of the BNI Jufess chapter. +371 29 375 444

New-build apartment complex in Batumi with pools and a view of the Black Sea, visualisation
New-build project in Batumi, visualisation

What happens after you enquire

  1. Inga contacts you by WhatsApp or phone and sends properties for your budget, with floor plans, prices and an instalment schedule.
  2. Before the contract we look together at which projects the developer has completed and whether they were delivered on time. Our partners in Batumi show the properties in person.
  3. Once you have chosen, we help with the reservation, the contract with the developer, the payments and the registration of ownership.

Why buyers choose Batumi

Batumi lives on tourism. Many travellers rent a flat instead of a hotel room, so good short-term rentals are in demand all season. A property that is let can yield 10-16% a year. That depends on the location, the complex and the occupancy.

Taxes in Georgia are low. Registered rental income is taxed at 5%. If you sell after owning the property for two years, the gain is not taxed.

You do not need a large sum up front. Developers offer interest-free instalments: a small down payment and the rest in stages during construction. A foreign citizen can register an apartment in Georgia in their own name.

Four price segments

In Batumi you can buy a small studio or a first-line penthouse.

SegmentWhat it isWho it suits
BudgetStudio flats on the second or third line from the seaSummer holidays or a rental property
Mid-rangeFurnished one and two room flats by the New Boulevard or 5-10 minutes' walk from the sea, the best ones with rental managementFamilies who live there in season and let it the rest of the year
PremiumSpacious sea-view flats in a complex with a pool, spa, fitness centre and restaurantsBuyers who want the view and the facilities
LuxuryFirst-line penthouses with a view of the sea and the mountainsLong-term investors and those who want a home in Georgia

Want to know what is on sale within your budget right now?Get options and prices

Apartments in hotel complexes

A hotel apartment belongs to you but is run by the hotel operator, who takes bookings, receives guests, cleans and sets the nightly price. A complex with a pool, spa and reception is usually busier than a separate flat, and depending on the contract you can live there yourself for part of the year.

What to expect

Prices are in USD, so the euro to dollar rate affects what the property costs you. A new build carries the risk of a late handover, so before the contract we look together at which projects the developer has completed and whether they were delivered on time. Rental income varies by season, and the value of the property can also go down.

Inga Iesalniece, board member of Vertex Capital SIA

You will be talking to Inga Iesalniece

Inga is the board member and owner of Vertex Capital SIA. She answers enquiries herself, asks what the property is for and how much you are prepared to pay, and then sends specific properties with prices.

In Georgia and Bulgaria Inga works with local partners. They show the properties in person and handle the paperwork with the developer.

BNI

Inga is a member and the president of the BNI Jufess chapter.

Vertex Capital SIA, Reg. no. 40203541794. More about Inga and the company

Inga Iesalniece on how Vertex Capital helps you find a property (in Latvian)

Frequently asked questions about Batumi

How much does an apartment in Batumi cost?

New-build apartments cost from USD 65,000 to 500,000. The cheapest are studios on the second or third line from the sea, the most expensive are first-line penthouses.

Can a foreign citizen buy an apartment in Georgia in their own name?

Yes. A foreign citizen can register an apartment in Georgia in their own name.

How is it paid for, and do I need a bank loan?

No loan is needed. Developers offer interest-free instalments: a small down payment and the rest in stages during construction. We send the instalment schedule for each property together with the offer.

How much can I earn by letting the apartment?

A property let in Batumi can yield 10-16% a year. That depends on the location, the complex and the occupancy, and it is not guaranteed.

What taxes are paid in Georgia?

Registered rental income is taxed at 5%. If you sell after owning the property for two years, the gain is not taxed. Ask your accountant about taxes in your home country.

Will I have to manage the letting myself?

No, if you choose an apartment in a hotel complex or a property with rental management. The operator then handles bookings, guests and cleaning.

What happens after I fill in the form?

Inga Iesalniece contacts you by WhatsApp or phone and sends properties for your budget, with floor plans, prices and an instalment schedule. Once you have chosen, we help with the reservation, the contract with the developer, the payments and the registration of ownership. Our partners in Batumi show the properties in person.

Still thinking? Ask a question or request options

Get options and prices +371 29 375 444 info@vertexcapital.group