Guide for Foreigners: Buying Property in Batumi, Georgia

Many foreign investors ask, “Can foreigners buy property in Georgia?” The answer is yes—Georgia welcomes international buyers and offers a straightforward purchasing process. This article explains how to purchase real estate in Batumi, the documents you need and key considerations for a smooth transaction.

Property Ownership Rights

Foreign nationals can own 100 % of residential and commercial property in Georgia (except for agricultural land). You do not need to be a resident or have a special permit to buy an apartment or house in Batumi.

Steps to Purchase Real Estate

1. Find a property: Work with a trusted local agent to identify suitable apartments, villas or commercial spaces that meet your budget and goals.
2. Reserve the property: Sign a preliminary agreement and pay a deposit to secure the unit. Make sure the contract outlines the price, payment schedule and completion date.
3. Due diligence: Your lawyer should verify the seller’s ownership rights, check for any encumbrances and ensure the property is compliant with planning regulations.
4. Sign the purchase agreement: At the Public Service Hall (Justice House), both parties sign the final agreement. A translator is available if needed.
5. Register ownership: Submit the purchase agreement and your passport to the Public Registry to register the property under your name. Registration typically takes one to five days.

Costs & Taxes

Expect additional costs such as a 0.1 % registration fee, notary fees and a small service charge for translation. There is no property transfer tax in Georgia. Annual property tax applies only if the property is worth more than 100,000 GEL or used for commercial purposes.

Buying property in Batumi is a straightforward process for foreigners, and our experienced team can guide you through every step. For insights into investment opportunities in Batumi, check our Investment Opportunities page, and for assistance with residency permits, see our article on residency by investment or contact us directly.