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Mardi Residence in Old Batumi for an Israeli Buyer

Mardi Residence offers studio, one- and two-bedroom units in Old Batumi, sea, partial sea or mountain views, 30% down with interest-free instalments to 36 months, or cash with a 5% discount. What Mardi Holding publishes.

· By Orven Properties · 5 min read
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Mardi Residence, Old Batumi, Batumi
Pictured: Mardi Residence, Old Batumi, Batumi

Mardi Residence sits in the centre of Old Batumi, developed by Mardi Holding, a Georgian group the project page describes as active in Georgian real estate since 2010. For an Israeli buyer weighing a central, non-beachfront position against the Gonio hospitality cluster, this guide covers what Mardi Holding publishes and what still needs confirming.

The project in outline

Mardi Residence offers studio, one-bedroom and two-bedroom units in central Old Batumi, with a choice of sea view, partial sea view or mountain view depending on the unit. The entry price is not published on an official source available to Orven. The project is currently off-plan, with delivery not yet announced. Locations shown on marketing material are approximate, and your adviser confirms the exact unit before you reserve.

Two payment routes, not one

Mardi Holding publishes two distinct ways to pay for a unit at Mardi Residence: a 30% down payment followed by interest-free instalments running up to 36 months, or a full cash payment that carries a 5% discount off the list price. Which route suits you depends on your cash position and your timeline, not on which one is marketed more heavily. Ask your adviser to request the exact instalment dates behind the 30% plan and the precise price the 5% discount applies to, since neither is itemised publicly at the level this guide can confirm.

Choosing a view, not just a layout

Unlike many Batumi projects that publish a single standard layout per bedroom count, Mardi Residence differentiates by view: sea view, partial sea view and mountain view units likely carry different prices, though Mardi Holding has not published a breakdown by view type. If a sea view matters to your decision, confirm the price difference for that specific orientation before you commit to a unit based on floor plan alone.

Old Batumi as a setting, without assuming distances

Old Batumi combines several of the city's heritage streets with a growing cluster of new residential towers, including Alliance Centropolis and The Parallel elsewhere in Orven's collection. The area suits a buyer who wants city life on their doorstep rather than a resort setting; Orven does not quote distances or travel times between Mardi Residence and any landmark, since none of these figures are published on an official source for this project.

Georgia's residence permit and an unpublished price

Georgia's law on the legal status of foreigners, article 15(j), allows a short-term residence permit, renewable one year at a time, for a foreign owner, a spouse and children, once a certified expert values the property above USD 150,000 equivalent in GEL. With Mardi Residence's price not published, whether a specific unit clears that threshold is a question for the price list and the valuation, not an assumption either way. Our guide to Georgia's residence permit for Israeli property owners sets out the rule in full, always subject to conditions confirmed with the authorities.

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Tax on rent and on a future sale

Georgia's tax code taxes rental income earned by an individual at 5% of the gross amount under article 81 paragraph 2, with no deduction for expenses. A capital gain on a sale after more than two years of ownership is exempt from the 5% rate under article 82 paragraph 1(f.a). Rules in force are confirmed with a tax adviser, and your Israeli tax position on the same income is a separate matter for your own adviser.

Registering the title

Ownership registers through Georgia's National Agency of Public Registry (NAPR), via a Public Service Hall, with official fees of GEL 150, 270 or 350 depending on processing speed. Who pays this fee is set at contract stage. A local Georgian lawyer should verify the title and review the sale and purchase contract before you sign, a step Orven coordinates for you from outside Georgia.

Questions to settle before you pick a payment route

  • Under the 30%-down route, what are the exact dates and amounts of each instalment to month 36, rather than the headline percentage alone.
  • Under the cash route, what base price the 5% discount is calculated against, and whether that price matches the figure quoted for the instalment route for the same unit.
  • Whether the view classification, sea, partial sea or mountain, is confirmed in writing for your specific unit before you sign, rather than relying on a general floor plan.
  • What Mardi Holding's track record looks like on previous releases, since the project page states the group has been active in Georgian real estate since 2010.

A ten-year-old developer, still an off-plan buyer's due diligence

Mardi Holding's own description places it in Georgian real estate since 2010, which is longer than some of Batumi's newer entrants, though this guide does not treat that history as a substitute for the standard checks any off-plan buyer should make. Ask for the developer's registration details and, where available, references from buyers at any prior Mardi Holding release, in addition to the contract review a Georgian lawyer carries out on Mardi Residence itself.

Working with Orven on Mardi Residence

Orven requests the current price list for each view type, the exact instalment dates behind the 30% plan, and the base price the 5% cash discount applies to, directly from Mardi Holding. See our guide to Old Batumi for an Israeli buyer for how this project sits among its Old Batumi neighbours, and the Batumi destination page. Orven's Israel page covers Batumi ahead of Dubai for buyers from Israel.

Message Orven on WhatsApp at +971 52 776 1939 or at sales@orvenproperties.com with the view and layout you want, and your adviser follows up with current pricing at Mardi Residence.

FAQ

What is the entry price for Mardi Residence? Not published on an official source available to Orven. Your adviser requests the current price list from Mardi Holding.

What payment routes are available? A 30% down payment with interest-free instalments to 36 months, or a full cash payment with a 5% discount.

Do all units have a sea view? No. Units are offered with sea view, partial sea view or mountain view, at prices that likely vary by orientation.

When is delivery expected? Not yet announced by Mardi Holding. Your adviser requests a current estimate before you reserve.

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ORVEN PROPERTIES

Talk to an Orven adviser

Leave your number: an adviser calls you back or replies on WhatsApp, in your language. No commitment.

Phone (WhatsApp)

Frequently asked questions

What is the entry price for Mardi Residence?

Not published on an official source available to Orven. Your adviser requests the current price list from Mardi Holding.

What payment routes are available?

A 30% down payment with interest-free instalments to 36 months, or a full cash payment with a 5% discount.

Do all units have a sea view?

No. Units are offered with sea view, partial sea view or mountain view, at prices that likely vary by orientation.

When is delivery expected?

Not yet announced by Mardi Holding. Your adviser requests a current estimate before you reserve.

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