Developer instalment plans in Batumi: how they work
· 5 min · Nikita Naftulovich
Typical terms
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.
What to check in the contract
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 sample calculation
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.
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