Paying for Batumi Property from Israel

Paying a Batumi developer from Israel follows the same broad shape as any international property payment: funds move from your bank to the developer in the currency the project publishes, with your bank setting its own terms for the transfer and any conversion involved. This guide covers what is published on the Georgian side; the terms your specific bank applies are confirmed with your bank directly.

The currency is fixed by the project, not by you

Batumi prices are shown in US dollars or Georgian lari, exactly as published on each project page, with Orven applying no fixed exchange rate to convert between them or into shekels. Radisson Blu Residences Gonio and Wyndham Residences Batumi, for example, are both priced in US dollars, while Gate by Artex and The Parallel are priced in Georgian lari. Your payment instructions follow whichever currency the specific project uses.

What your bank will likely ask for

An international transfer of this size typically involves your bank requesting documentation on the source of the funds before releasing the transfer, a standard part of anti-money-laundering checks rather than anything specific to Georgia or Batumi. The exact documents required, processing time and any fees charged for the transfer or the currency conversion are set by your bank, and should be confirmed with your bank directly rather than assumed from this guide or from another buyer's experience.

What the developer typically requires on its side

Beyond the transfer itself, developers in Orven's Batumi collection generally request confirmation of the payer's identity and, in some cases, documentation matching the source-of-funds information your bank may also request. This is a normal part of the process for an international buyer and not a sign that anything unusual is happening with your file; a complete and consistent set of documents tends to move the reservation along faster than a partial one.

Registration fees, separate from the purchase price

Once a sale proceeds to registration, Georgia's National Agency of Public Registry (NAPR) charges an official fee of GEL 150 for processing within four business days, GEL 270 for one business day, or GEL 350 for same-day processing. These fees are separate from the purchase price and from any developer charge; who pays them, buyer or developer, is set out in the sale contract rather than assumed to default to one party. Keep the registration fee and the purchase price as two separate budget lines when planning your transfers, since a single payment covering both is not how the official fee is structured.

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Instalment payments across a construction period

Several Batumi projects, including Radisson Blu Residences Gonio's 20/40/40 plan and Wyndham Residences Batumi's 10% down, 50% instalment structure, spread payments across the construction period rather than requesting the full price upfront. Each instalment is itself an international transfer following the same process described above, so plan for your bank's documentation requirements to recur at each payment point, not just at the first one.

Keeping a paper trail across multiple instalments

For a project with several instalments, such as Radisson Blu Residences Gonio's 20/40/40 plan, keep a copy of each transfer confirmation and the corresponding developer receipt. This paper trail is what your lawyer and your adviser rely on to confirm the full price has been paid by the time of handover, and it is also what a future buyer's bank may ask to see if you resell before the title is fully settled.

What this guide does not cover

This guide does not describe Israeli tax treatment of money sent abroad for a property purchase, nor any specific rule your bank in Israel applies to outbound transfers of this kind; both are confirmed with your own bank and your own tax adviser. It also does not quote a currency exchange rate, since none is fixed in Orven's sources, and it does not describe any payment route other than a standard bank transfer; Orven does not advise on or facilitate cryptocurrency payments for any Batumi project.

Working with Orven

Orven coordinates the payment timeline with the developer and flags each instalment date in advance, while leaving the transfer mechanics, documentation and fees to your own bank. Related reading: how to buy property in Batumi remotely and why Batumi prices are published in dollars or lari. Orven's Israel page lists the Batumi projects most requested by Israeli buyers.

Message Orven on WhatsApp at +971 52 776 1939 or email sales@orvenproperties.com with the project and payment stage you are preparing for.

FAQ

What currency do I pay Batumi developers in? Whichever currency the specific project publishes its price in, US dollars or Georgian lari; Orven applies no fixed conversion between them.

Does my bank in Israel need to approve this transfer first? Confirm directly with your bank. This guide does not describe any specific Israeli bank rule, since that varies by institution and account.

Who pays the NAPR registration fee? The sale contract sets out which party, buyer or developer, pays the GEL 150, 270 or 350 registration fee, depending on processing speed.

Can I pay with cryptocurrency? Orven does not advise on or facilitate cryptocurrency payments for any project in its Batumi collection.