Buying property in Batumi from Saudi Arabia: budget and legal framework

Why Batumi, alongside Dubai

Investors in Riyadh and Jeddah already know Dubai well; many are now also looking at Batumi, on Georgia's Black Sea coast, as a second address rather than a replacement. Our guide on buying property in Dubai from Saudi Arabia covers the established route; this guide covers Batumi on its own terms, since the two markets sit under different rules and different authorities. Our guide on Dubai versus other markets for Gulf investors sets out the comparison principle. Batumi's collection spans 18 projects across six zones, with entry prices published in US dollars or Georgian lari (GEL), never converted here. The Batumi destination page and the destinations overview list the full collection.

Entry prices and suitable projects

Several projects publish an entry price a first-time Batumi buyer can compare directly, each in its own currency:

Project	Entry price	Payment plan
Artex Parkline	From USD 59,856	On request
Gate by Artex	From GEL 94,000	20% down, interest-free instalments to December 2029
NEXT Gardens	From USD 65,000	On request
Olympus Residence	From USD 62,000	30% down, 24 interest-free months
Radisson Blu Residences Gonio	From USD 149,500	20% / 40% / 40%, delivery May 2027
Wyndham Residences	From USD 151,200	10% + 50% + balance, delivery December 2026

Radisson Blu and Wyndham are fully furnished branded residences developed by NEXT Group; the other projects are sold on a white-frame or request-finish basis, confirmed project by project. Current availability and unit-specific terms are confirmed by your adviser.

Georgia's legal framework for a foreign buyer

A foreigner can buy an apartment in Georgia. Agricultural land is reserved under the Georgian Constitution (Article 19) to the state, a self-governing unit, a Georgian citizen or an association of Georgian citizens, with exceptions only by organic law, so it sits outside the scope of an apartment purchase. Ownership is registered with the National Agency of Public Registry (NAPR), under the Ministry of Justice, through its Public Service Halls. Registration fees are published at GEL 150 for a four-working-day service, GEL 270 for one working day, and GEL 350 for same-day processing; who pays is settled in the contract. None of Dubai's mechanisms, the Dubai Land Department, Oqood registration, its escrow account or RERA, apply in Georgia; the Georgian equivalent of payment protection on an off-plan purchase is confirmed in the contract and with a local lawyer. Title, land and contract verification with a local lawyer is always recommended before you sign.

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The residence permit tied to a property

Georgia's law on the legal status of foreigners and stateless persons, Article 15.j, allows a short-term residence permit for a foreigner, their spouse and children, where they hold an ownership right over a non-agricultural property with a market value exceeding USD 150,000 equivalent in GEL, as set by an accredited certified expert. The permit is issued for one year and is renewable. It is not a nationality and not an automatic right; conditions are confirmed with the Georgian authorities. Among the projects above, Wyndham's published entry price (USD 151,200) sits above the threshold, while Radisson Blu Gonio's entry price (USD 149,500) sits just under it; the figure that counts is the expert's valuation, not the catalogue price. This is a separate regime from the UAE Golden Visa, and the two should not be compared as if one were an upgrade of the other.

Tax and transfers from Saudi Arabia

Under Georgia's Tax Code, rental income earned by an individual from residential letting, without deducting expenses, is taxed at 5% (Article 81.2); the standard personal income tax rate is 20% (Article 81.1). A capital gain on the sale of an apartment is exempt after more than two years of ownership (Article 82), and taxed at 5% otherwise (Article 81.3). Local property tax depends on household income, without a published rate here. All of this is confirmed with a tax adviser, and how it interacts with your tax position in Saudi Arabia is a separate question to check with a local adviser; this guide does not state a Saudi tax rule. A transfer from a Saudi bank to Georgia depends on your own bank's conditions for amounts, fees and timing; ask your bank directly, since this guide quotes no exchange rate between GEL, USD and SAR.

Moving forward with Orven

Send your budget and objective, whether a pied-à-terre, a furnished branded unit or a delivered apartment, on WhatsApp at +971 52 776 1939 or to sales@orvenproperties.com.
Your adviser points you to projects across Gonio, the New Boulevard or the airport district based on your budget.
You review the contract and the published payment plan for the unit you select.
Your adviser follows up registration with NAPR, working alongside a local lawyer, on your behalf.

FAQ

Can a Saudi buyer own an apartment in Batumi? Yes, foreign ownership of an apartment is permitted; agricultural land is reserved under the Georgian Constitution. Registration goes through NAPR, and a local lawyer should verify title, land and contract before you sign.

Does buying in Batumi grant a UAE Golden Visa? No. Georgia's residence permit under Article 15.j is a separate regime tied to a Georgian property above USD 150,000 in value, confirmed by a certified expert; it has no connection to the UAE Golden Visa.

How is rental income from a Batumi apartment taxed? Georgia's Tax Code sets 5% on rental income from residential letting without deducting expenses (Article 81.2). Confirm current rules with a tax adviser, and check separately how this interacts with your position in Saudi Arabia.

Can I transfer funds from Saudi Arabia without visiting Georgia? Many buyers do, by bank transfer and remote documentation agreed with their adviser; ask your own bank about its conditions for an international transfer of this kind before you commit.

How do I start? Message us on WhatsApp with your budget and objective; an adviser proposes suitable units and follows each step with you.