Question 1

What is the projected ROI on Wyndham Residence?

Accepted Answer

Wyndham Residence offers a projected annual ROI of 10–12%, 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 Wyndham Residence?

Accepted Answer

Wyndham Residence is offered with interest-free instalment payment terms, starting from $115,000. Payments are structured in milestone instalments tied to construction progress, with completion scheduled for Q4 2026. Full payment schedules, milestone breakdowns, and available apartment types are provided during a private consultation.

Question 3

When does Wyndham Residence complete?

Accepted Answer

Wyndham Residence is scheduled for completion in Q4 2026. Buying off-plan allows investors to lock in the starting price of $115,000 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 Wyndham Residence?

Accepted Answer

Prices at Wyndham Residence start from $115,000, with a projected ROI of 10–12%. The Gonio location combined with a Q4 2026 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. Rental income is taxed at a flat 5% for individuals. There is no annual property tax for owners with annual household income below GEL 40,000 (approximately $14,500). Capital gains are tax-exempt if the property is held for more than two years. There is no inheritance or wealth tax.

Wyndham Residence

Key Features

Amenities

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Location

Gallery

Frequently Asked Questions

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