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Batumi and Tbilisi · since 2018

Levan Tabidze

Verify first.
Then recommend.

In any deal, we represent one side — never both.

Before recommendation

Key checks.

Before any recommendation, we check the property, the documents and the deal terms.

06 key checks

Property

The building itself, common areas, infrastructure, and the actual view from the window — not the render.

The gap between what was promised and what you actually receive.

Methodology

Developer

Previous projects, delivery track record, legal standing, operational team.

Delayed construction, bankruptcy, unmanaged building after handover.

Methodology

Documents

Fresh NAPR extract, owner, designation, encumbrances, consents and permits.

Buying into a mortgage, seizure, disputed title or document mismatch.

Source

  • Art. 183: Civil Code: ownership of real estate passes on registration in the Public Registry.
  • Art. 312: Civil Code: a registry entry is presumed accurate until proven otherwise — so we refresh the extract before signing.
  • Art. 289: Civil Code: a mortgage takes effect on registration — which is why it shows in the extract.
  • Registry: Extract: Public Registry (napr.gov.ge). Owner's debts: debtor registry of the National Bureau of Enforcement (debt.reestri.gov.ge).
Methodology

District

Who lives or stays in the area, how demand changes through the year, and the risk of excess supply.

Buying for a goal the district doesn't support.

Methodology

Income · Liquidity

A realistic yield under your specific plan — not the city benchmark — and the exit time from the property.

The gap between advertised yield and the actual one; capital locked into an illiquid asset.

Methodology

Deal Risk

Contract, payment flow, encumbrance release, key handover, registration and tax treatment.

Funds are sent, but the title, property or terms are not what was agreed.

Source

  • Art. 323: Civil Code: a contract to transfer real estate must be in writing.
  • Arts. 421–423: Civil Code: earnest money. If the party that received it breaks the contract, it returns double the amount.
Methodology

A good review does not promise a purchase. It shows where to proceed and where to stop.

Verification in practice

Two decisions from our work.

Project names are not published — that is a condition of client work. The numbers and dates are real.

We said “yes”

Late 2024

$1,000/m², 150 metres from the sea

The location looked weak: no infrastructure, a district not considered investable. But the sea was 150 metres away, and municipal planning information pointed to a road and infrastructure development in the area. We recommended the purchase.

Now

The municipality is building the road and infrastructure. Prices in the project are up by roughly $300/m².

We said “no”

Around the same time

Construction funded by buyers’ money

The clients arrived with a project already chosen. The financing check showed the developer’s own funds were insufficient — most construction costs were covered by sales. We did not recommend it.

Now

The project is a year behind its construction schedule.

Facing a similar decision? Start with a consultation, before the viewing.

Discuss your situation

How we work

No black boxes.

  1. We understand your goal

    Tell us what matters — investment, living in Batumi, or selling. Your goal shapes everything.

  2. We find the right options

    We match properties to your goal, district, and budget. We don't show everything — only what fits.

  3. We check the property

    Legal history, developer track record, management company. If something doesn't pass — we say so.

  4. We support the transaction

    From price negotiation to signing. We stay with you through every step.

  5. We plan the next steps

    After closing, we help with rental setup, management, and what comes next.

Market

The latest market briefing.

A monthly note based on open sources: what changed, what stayed the same and which question remains open.

Market movement · Batumi

Market value · apartment transactions

$81M

Aug · 2026

+2.9%

2026 / 2025

$0M$42M$84M$125MJanFebMarAprMayJunJulAugSepOctNovDec
20262025Source: Recov by Colliers Georgia

2026 data is available through August.

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