Quick outline (article structure)
- Preparing and checking the property ✅
- Purchase agreement and payment terms 📝
- Notary process and translation requirements ✍️
- Registration of ownership at the Public Registry 📑
- Taxes, fees and likely expenses 💸
- Tips for foreign buyers and investors 🌍
- Common pitfalls and how to avoid them ⚠️
- Typical timeline and action plan ⏱️
Introduction
Registering a property purchase in Batumi is a key step for anyone buying for residence or investment. BuyHome helps you research the market, choose the right property and complete the paperwork with minimal risk.
1. Preparing and checking the property ✅
Before signing anything, verify the seller’s ownership and whether the property has any encumbrances.
- Request an extract from the National Public Registry — it shows owners, liens and restrictions.
- Check technical and cadastral documents: floor plans, building permits, handover certificates.
- Ask for a transaction history if available and any documents related to renovations or changes.
Practical tip: Have a lawyer or agent cross‑check registry data and documents to reduce the risk of fraud.
2. Purchase agreement and payment terms 📝
The contract should specify price, payment schedule, handover date, breach liabilities and termination conditions.
- Decide on deposit arrangements: escrow, bank transfer, or deposit with a notary.
- Specify who covers outstanding utility bills and what happens in case of defects.
- Ensure conditions for transfer of title after final payment are clearly stated.
Tip: Avoid relying on verbal agreements — put everything in writing.
3. Notary process and translation ✍️
Transactions are formalised by a notary in Georgia. The notary verifies identity and document authenticity.
- If you do not speak Georgian, prepare certified translations and consider hiring an interpreter for signing.
- Be ready to document funds source if requested by the notary.
Example: Many buyers sign a preliminary notarised agreement and the final deed is executed after full payment.
4. Registration of ownership at the Public Registry 📑
After notarisation, the notary submits documents to the National Public Registry for registration of ownership.
- Registration usually takes a short time but may require clarifications.
- After registration you will receive the official extract confirming ownership — keep it safe.
Tip: Monitor the registration status through your agent or online services to handle any registry queries promptly.
5. Taxes, fees and likely expenses 💸
Expect costs such as notary fees, registration fees, agent commission, translation and legal checks.
- Ask your notary and lawyer about anticipated fees in advance.
- Tax obligations are generally moderate, but confirm specifics for non‑residents with a lawyer or tax adviser.
Practical tip: Budget a small contingency fund for unexpected expenses or administrative clarifications.
6. Tips for foreign buyers and investors 🌍
- Register in the electronic registry system and obtain any necessary ID numbers if you plan long‑term investment.
- Consider property management via a local agency if you intend to rent the property.
- Use bilingual legal support or trusted translation services to avoid misunderstandings.
7. Common pitfalls and how to avoid them ⚠️
- Buying without registry verification — always check ownership and encumbrances.
- Poorly defined payment terms — ensure every instalment and condition is in writing.
- Ignoring tax or residency implications — seek advice early.
8. Typical timeline and action plan ⏱️
- Document collection and preliminary checks — a few days.
- Signing preliminary agreements and arranging payments — days to a week.
- Notarial deed preparation and submission — several working days.
- Registry processing and extract issuance — usually short, depending on workload.
Conclusion and useful links
If you are looking for properties in Batumi, explore listings and contact BuyHome for personalised assistance: https://buyhome.ge/en and https://buyhome.ge/en/search
We can help verify documents, draft a secure purchase agreement and complete registration. Contact us for friendly support in choosing and buying property in Batumi.