Batumi Yachts & Marina for an Israeli Buyer

Batumi Yachts & Marina is the largest-scale project in Orven's Batumi collection by a wide margin, and the only one developed through a joint venture between an international master developer and the Georgian state. This guide sets out what is published for an Israeli buyer weighing it against the collection's smaller, single-building projects.

The masterplan in outline

Batumi Yachts & Marina sits in Gonio, developed by Eagle Hills Georgia, a joint venture in which Eagle Hills of Abu Dhabi holds 66.7%, alongside the Georgian state. The masterplan covers roughly 260 hectares and includes a marina of 180 berths with a yacht club, a beach, lagoons and a promenade. Across its full build-out, the developer plans more than 9,300 apartments, 150 villas, 110 townhouses and two five-star hotels, delivered in phases over roughly a decade. Price is on request, and the project is currently off-plan. Project locations shown on marketing material are approximate; your adviser confirms the exact plot and phase for any unit you are considering.

The payment plan: 10% on purchase, 30% during construction, 60% on handover

The published structure is 10% at purchase, 30% during construction split across three instalments of 10% each, and 60% due on handover. Because the price is on request and delivery dates vary by phase, the actual amounts and dates attached to each instalment are confirmed directly with the developer for the specific phase and unit you are looking at, rather than assumed from the percentages alone.

Scale changes the questions you ask

A masterplan delivered in phases over roughly a decade raises different questions from a single building with one delivery date: which phase your unit sits in, what has already been completed versus what remains announced, and how the marina, beach and hotel components are sequenced relative to residential handovers. None of these questions are answered by the headline percentages above; they are confirmed phase by phase with Eagle Hills Georgia as your adviser requests current information on your behalf.

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. With price on request at Batumi Yachts & Marina, whether a given unit clears that threshold depends entirely on the unit and phase chosen and the expert's eventual valuation, not a published catalogue figure. See our guide to Georgia's residence permit through property for the full rule.

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Registration and tax

Registration runs through Georgia's National Agency of Public Registry (NAPR) via a Public Service Hall, at official fees of GEL 150, 270 or 350 depending on processing speed, with the paying party set at contract stage; a local Georgian lawyer should verify the title for the specific phase before you sign. If you let a completed unit out, Georgia's tax code sets a 5% rate on gross rental income earned by an individual, under article 81 paragraph 2, with no deductions; a sale after more than two years of ownership is exempt from the 5% capital gains rate under article 82 paragraph 1(f.a). Current rules are confirmed with a tax adviser, and your own Israeli tax position is a separate question for your own adviser.

What still needs confirmation

• Current price for the phase and unit type you are considering.
• The exact instalment amounts and dates within the 10/30/60 structure for that phase.
• Which parts of the masterplan, including the marina, beach and hotels, are completed versus still announced.
• 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 pricing, phase status and the detailed instalment schedule directly from Eagle Hills Georgia and connects you with a local Georgian lawyer for title verification on the specific unit. For the full project write-up, see Batumi Yachts & Marina guide. Orven's Israel page lists this masterplan among the 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 phase or unit type you want, and your adviser follows up with current availability and pricing.

FAQ

What is the price for Batumi Yachts & Marina? Price is on request; it depends on the phase and unit type, confirmed directly with Eagle Hills Georgia.

What is the payment plan? 10% on purchase, 30% during construction across three 10% instalments, and 60% on handover, as published; exact amounts depend on the price confirmed for your unit.

Who develops Batumi Yachts & Marina? Eagle Hills Georgia, a joint venture between Eagle Hills of Abu Dhabi, holding 66.7%, and the Georgian state.

Does this project qualify for Georgia's residence permit through property? It depends entirely on the unit and the certified expert's eventual valuation; there is no published catalogue price to assess against the USD 150,000 equivalent threshold.