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Lado Asatiani Street

Deadlock I No.25

+90 553 607 82 63

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Legal Process of Buying Real Estate in Georgia

Legal Process of Buying Real Estate in Georgia

In Batumi, real estates are registered in Justice House, building architecture is similar to an inverted bottle. Bureaucracy is minimized, all legal issues are resolved in a short time. Foreigners have the right to buy all types of real estate, except agricultural land. You need a valid passport for all registration procedures. All fees and […]

Mortgage and Inner Installment

Mortgage and Inner Installment

You can buy property with inner installment plan in Georgia but probably you can not get a mortgage. Applying for mortgage, you must have residence permit or prove that you have Georgian income. The existence of special requirements for applying mortgage is not a barrier for foreign investors. Because almost all construction companies offer installment plan […]

Georgia Real Estate Tax

Georgia Real Estate Tax

There is no rental income tax in Georgian Legislation, instead it is covered in personal income tax. Non-commercial income tax is %1 Commercial property income tax is %20 If you sell your non-commercial property after 2 years, no tax. before 2 years, it is %5 of your profit If you sell your commercial property after […]

Real Estate Prices in Batumi By Region

Real Estate Prices in Batumi By Region

Batumi is a very attractive and rapidly developing region for real estate investment. Averagely 85% of total apartments are sold until end of construction. We will try to explain you average sqm prices for Batumi, but do not let it mislead you. Prices are not only depend on region. There are also other factors such […]