New buildings in Batumi: what matters
WSE.AM is an official partner of the developer One Development in Batumi. The section covers 4 projects: SportCity, Radisson RED, ONE Tower, Home. Together they hold 2,249 apartments and townhouses, 1,038 of which are available in the latest export. Prices start at $46,637, the square metre from $1,450, with completion between 2026 and 2030.
The lowest entry point is SportCity from $46,637. Closest to the sea is Radisson RED — 435 metres to the shore. The earliest handover is Home in Q4 2026. All projects offer interest-free instalments of up to 48 months, the purchase can be completed remotely under a power of attorney, and the price for the buyer is the same as in the developer’s own sales office.
We have been in real estate since 2019: we run a rental and sales catalogue in Yerevan, new buildings in Yerevan and this Batumi section. We will match an apartment to your goal — to live in, to let, or to resell before completion — send the current price list with live availability and go through the contract with you before any money is paid.
Questions and answers
The same answers we give a client in chat
Can a foreigner buy an apartment in Batumi?
Yes. Foreigners buy residential property in Georgia on the same terms as locals: no residence permit, no local company and no special approvals are required. The restrictions in Georgian law apply to agricultural land, not to apartments. Ownership is registered in the Public Registry of Georgia in the buyer's name.
Do I need to travel to Georgia to buy?
No. The purchase can be completed remotely through a notarised power of attorney: you sign it with a notary in your own country, and we handle the reservation, the contract and the registration. A visit makes sense for handover and finishing works, but even that is optional.
What taxes does a property owner pay in Georgia?
Georgia has no property purchase tax. Annual property tax applies only to households with an annual income above GEL 40,000; the municipality sets the rate, which never exceeds 1% of market value. Rental income earned by an individual from residential property is taxed at 5%. Rates and thresholds should be re-checked with a tax adviser at the time of the transaction.
Does buying an apartment give a residence permit?
Buying property worth USD 100,000 or more is grounds for applying for a short-term residence permit in Georgia; it can be extended, and after several years of ownership permanent residence can be sought. The permit is not automatic: it is a separate application decided by the Public Service Development Agency. The threshold and the rules change, so they must be confirmed with an immigration lawyer before the purchase.
What protects the buyer while the building is under construction?
Georgia has no escrow scheme for off-plan construction, and that is worth knowing upfront. Buyer protection works differently: the contract is registered, and once half of the price is paid the buyer may be recorded in the Public Registry as the future owner of that specific apartment, after which it cannot be sold to anyone else. Registration terms, delivery dates and the parties' liability are set out in each project's own contract; we share the draft contract before any money is paid and go through it with you, including the inconvenient clauses.
What does WSE.AM charge the buyer?
Nothing. We are an official partner of the developer and our fee is paid by the developer. The price you pay is the same as in the developer's own sales office — there is a single price list. On the buyer's side only the usual transaction costs remain: notary, registration and document translation.
Why buy through WSE.AM instead of directly from the developer?
The price is the same; the work is not. A developer's sales team sells its own buildings; we compare projects against each other and will tell you plainly when one does not fit your goal. We keep current availability and price lists, run the purchase remotely from reservation to registration, review the contract and help with finishing and letting after handover. We have been in real estate since 2019 and we answer to you, not to the developer.
What does it cost to maintain the apartment after handover?
It consists of the building's service charge plus utilities. The developer approves the service charge for each building separately, and we request it in writing before the purchase along with a list of what it covers: without that figure a yield calculation is meaningless. Be sceptical of any projection that leaves this line out.
Can the apartment be rented out, and who manages it?
Yes, and for most buyers in Batumi that is the main scenario. The developer's projects come with a management company that handles check-ins, cleaning and maintenance; its terms and its share are set out in a separate management agreement. You can also let the apartment yourself or through any other agency — using the management company is not compulsory.
Where do I start if I decide to buy?
Send us a request — we will share the current price list with live availability for the project you like and go through layouts, floors and views with you. Then comes the reservation, the draft contract to review, the down payment and registration. From the first conversation to a signed contract usually takes one to two weeks if your documents are ready.
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