Question 1

What is the projected ROI on Radisson Blu Resort & Residences?

Accepted Answer

Radisson Blu Resort & Residences offers a projected annual ROI of 12%, based on current short-term rental rates, occupancy levels, and market conditions in the Gonio area. This figure reflects expected rental yield after the property is delivered and assumes professional rental management. Actual returns vary by apartment type, seasonal occupancy, and management strategy.

Question 2

What is the payment plan for Radisson Blu Resort & Residences?

Accepted Answer

Radisson Blu Resort & Residences is offered with interest-free instalment payment terms, starting from $140,000. Payments are structured as a down payment followed by dated instalments through to handover, with completion scheduled for Q4 2027. Full payment schedules and available apartment types are provided during a private consultation.

Question 3

When does Radisson Blu Resort & Residences complete?

Accepted Answer

Radisson Blu Resort & Residences is scheduled for completion in Q4 2027. Buying off-plan allows investors to lock in the starting price of $140,000 ahead of delivery — historical capital appreciation on Batumi off-plan projects between launch and completion has averaged 25–40%.

Question 4

What is the starting price at Radisson Blu Resort & Residences?

Accepted Answer

Prices at Radisson Blu Resort & Residences start from $140,000, with a projected ROI of 12%. The Gonio location combined with a Q4 2027 delivery makes the project competitive within the Batumi market. Exact pricing depends on apartment layout, floor level, and view orientation — a detailed price list is available on request.

Question 5

What is the rental demand like in Gonio?

Accepted Answer

Gonio has emerged as one of the strongest short-term rental markets in the Batumi area, driven by its quieter beachfront atmosphere, proximity to the Turkish border, and growing concentration of branded resorts. Peak summer occupancy regularly exceeds 85%, with average daily rates 20–30% higher than central Batumi for comparable apartments. Demand is increasingly year-round as more international hotel operators establish in the area.

Question 6

How far is Gonio from Batumi airport and the city centre?

Accepted Answer

Gonio is approximately 14 km south of central Batumi (around 20 minutes by car) and just 8 km from Batumi International Airport (around 12 minutes). The location offers a quieter, lower-density beachfront environment while remaining within easy reach of Batumi’s restaurants, shopping, and nightlife.

Question 7

Can foreigners buy property in Batumi, Georgia?

Accepted Answer

Yes. Georgia places no restrictions on foreign property ownership. Non-residents can buy residential property outright, in their own name, with the same legal rights as Georgian citizens. No residency permit, local partner, or company structure is required. Property registration is completed at the Public Service Hall and typically takes one business day.

Question 8

What taxes apply to property ownership in Georgia?

Accepted Answer

Georgia offers one of the most investor-friendly tax frameworks in the region. Residential property rented for residential use by a registered landlord is taxed at a flat 5% on rental income. Annual property tax ranges from 0% to 1% of assessed value depending on income — with no property tax at all for owners whose annual household income is below GEL 40,000. Capital gains on residential property are tax-exempt once it has been held for more than two years. There is no inheritance or wealth tax.

Question 9

Can buying property in Georgia lead to residency?

Accepted Answer

Yes. As of 1 March 2026, purchasing real estate in Georgia with a combined assessed value of at least $150,000 qualifies the owner for a renewable residence permit, covering the applicant, spouse, and minor children. The threshold is based on the accredited valuation, not just the registered purchase price, and the property must remain owned and above the threshold to renew. A separate $300,000 investment route leads to permanent residency after five years. There is no minimum-stay requirement for the property-based residence permit. (Tax residency is a distinct status requiring 183+ days per year in Georgia.)

Radisson Blu Resort & Residences

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