Developer instalment plans in Batumi: how they work

The down payment is 20–30% of the price. The remainder is split into equal instalments over the construction period — most often 12–24 months, occasionally up to 36.

The developer charges no interest, but the price per metre under an instalment plan is usually 5–10% higher than for a full upfront payment. That premium is the hidden cost of money.

A fixed price in the contract's currency, the payment schedule, the penalty for your own late payments, and the developer's liability for delayed completion.

Always check whether your claim right is registered in the public registry — without that, you're not protected against a double sale.

A 30 m² studio at $1,400 per m² costs $42,000. A 30% down payment is $12,600. The remaining $29,400 over 24 months is $1,225 per month.

By completion, such a unit near New Boulevard is typically valued at $50,000–55,000, and in-season daily rental brings in $35–60 per night.

The developer's standard down payment is 20–30% of the property price, with the remainder split into equal instalments over the construction period.

The schedule usually runs 12–36 months, is tied to construction milestones, and is fixed in the contract as a separate schedule.

The developer's instalment plan is interest-free, but the price per metre is usually 5–10% higher, whereas a mortgage for foreigners from a Georgian bank runs at 11–14% per year with a 30–40% down payment.

The choice depends on the time horizon: an instalment plan works better for the construction period, while a mortgage may be needed to spread payments over a longer period after handover.

Some developers also offer instalment plans on already-completed apartments within their own complexes, usually over a shorter period of 6–12 months.

On the resale market, instalment plans from private sellers are less common and require especially careful checking of terms and ownership registration.

Before signing the contract, check the construction permit, the land ownership title, and the developer's track record of completing previous projects on time.

It's also worth comparing the stated completion date against actual delivery times on that developer's already-built complexes to see how realistic the timeline is.