Buying at Radisson Blu Residences: FAQ

Yes. Foreigners buy homes in Georgia on the same terms as citizens. Only a passport is needed for the contract.

Yes. The contract is signed by notarised power of attorney and payment is made by bank transfer. The manager will send videos and guide you through the deal.

20% down, then the balance in parts on the developer's schedule: monthly or quarterly. For example, for an apartment at $155,381 the down payment is $31,076. We will send the exact schedule.

Turnkey completion is planned for 2027. The manager will confirm the exact date.

Finish, furniture and appliances. Apartments are handed over ready to live in and to rent out.

No. Radisson Blu Batumi operates in the city centre. Radisson Blu Resort & Residences is being built in Gonio, on the first line by the beach, and will be the second Radisson Blu in Batumi.

The apartments are part of the Radisson Blu Resort & Residences hotel. The owner sees bookings and income in the NEXT Property app. We will send the rental programme terms.

There is no separate tax on buying a home in Georgia; you pay for registration in the Public Registry. Tax on rental income depends on your situation.

An owner of property worth $150,000 or more can apply for a residence permit in Georgia. We will explain the conditions at a consultation.

The project is Radisson Blu Residences; the hotel is Radisson Blu Resort & Residences, Batumi Gonio. People also search for Radisson Blu Gonio or Radisson Residences Batumi. The tower stands in Gonio, Batumi, Georgia.