Artex Parkline, Batumi, for an Israeli Buyer

Artex Parkline carries the lowest published entry price among the Batumi projects most often raised by Israeli buyers. This guide sets out what is published, and the trade-offs that come with that entry price.

The project in outline

Artex Parkline sits in Batumi's Airport district, at 35B Angisa Street, developed by Artex Group, the same developer behind Gate by Artex elsewhere in the collection. The project comprises three towers of roughly 26 storeys, with studios and one- and three-bedroom units. Shared amenities include a pool, a gym, a spa and a cinema. The entry price is USD 59,856, delivery is announced for 2029, and the project is currently off-plan. Project locations shown on marketing material are approximate; your adviser confirms the exact plot.

Delivered as a "white frame": what that means for your budget

Units at Artex Parkline are delivered as a "white frame," meaning without finished flooring, kitchen or other interior fixtures. That is a materially different starting point from a furnished project like Radisson Blu Residences Gonio or Wyndham Residences Batumi elsewhere in the collection: the lower entry price here needs to be weighed against the cost of completing the interior afterward, typically through a local contractor. The developer offers its own financing and instalment terms on top of this; the exact structure is confirmed directly with Artex Group rather than assumed.

The payment plan and delivery horizon

The project page does not publish a specific percentage-based payment plan the way some other Batumi projects do; the current instalment or credit terms are requested from the developer. The 2029 delivery date is the longest horizon among the Batumi projects most commonly compared by Israeli buyers in this guide series, which has implications both for construction risk and for how long funds are committed before handover.

Where this sits against Georgia's residence permit threshold

Georgia's law on the legal status of foreigners, article 15.j, sets the threshold for a short-term residence permit through property at a market value exceeding USD 150,000 equivalent in GEL, established by an accredited certified expert, renewable one year at a time, subject to conditions confirmed with the Georgian authorities; it is not a nationality and not an automatic right. At USD 59,856, a single unit at Artex Parkline sits well below that threshold. A buyer pursuing the residence permit route through this project alone would likely need to combine it with another unit or additional property, with the final figure always set by a certified expert's valuation rather than the catalogue price. See our guide to Georgia's residence permit through property for the full rule.

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Registration and tax

Letting out an Artex Parkline unit once its white frame interior is finished brings it under Georgia's tax code: article 81 paragraph 2 sets a 5% rate on gross rental income for an individual owner, with no deductions, while article 82 paragraph 1(f.a) exempts a sale from the 5% capital gains rate once you have held the unit for more than two years. Current rules are confirmed with a tax adviser, separately from whatever your own Israeli adviser tells you about the same income. Before any of that, the purchase itself is registered with Georgia's National Agency of Public Registry (NAPR) through a Public Service Hall, at an official fee of GEL 150, 270 or 350 depending on how fast you need processing, with the paying party fixed in the sale contract; a local Georgian lawyer verifies the title before you sign.

What still needs confirmation

• The current instalment or credit terms offered by Artex Group.
• Interior completion costs and timeline after handover, given the "white frame" delivery.
• Current availability by layout and tower.
• Any flight route or schedule between Israel and Batumi, a matter for the airlines and Batumi International Airport, not something Orven quotes.

Working with Orven

Orven requests current unit availability and financing terms directly from Artex Group and connects you with a local Georgian lawyer for title verification. For the full project write-up, see Artex Parkline guide. Orven's Israel page lists Artex Parkline among the lower-budget Batumi projects most requested by Israeli buyers.

Message Orven on WhatsApp at +971 52 776 1939 or by email at sales@orvenproperties.com with the layout you want, and your adviser follows up with current availability and financing terms.

FAQ

What is the entry price for Artex Parkline? USD 59,856, for a "white frame" unit, with the current instalment or financing terms confirmed directly with Artex Group.

What does "white frame" mean here? Units are delivered without finished flooring, kitchen or fixtures; interior completion is a separate step after handover.

When is delivery announced? 2029, the longest horizon among the Batumi projects most frequently compared in this guide series.

Does Artex Parkline qualify for Georgia's residence permit through property? Not on its own at this entry price. The threshold depends on a certified expert's valuation reaching USD 150,000 equivalent, which a single unit here does not reach alone.