Buying at Lagoon Resort: FAQ
Can a foreigner buy an apartment in Georgia?
Yes. Foreigners buy homes in Georgia on the same terms as citizens. Only a passport is needed for the contract.
Can I buy remotely?
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.
How do installments work?
20% down, then the balance over up to 36 months: monthly, quarterly or every six months. For example, about $1,516 a month for an apartment at $68,200. We will send the exact schedule for your apartment and contract date.
When is completion?
Blocks B and C in May 2027, block A in December 2027.
In what condition are apartments sold?
Turnkey: finished, furnished and with appliances.
Who will rent out the apartments?
The management company HSC Group. Rental income is split 60% to the owner and 40% to the management company.
What taxes apply when buying?
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.
Does buying give a residence permit?
Buying property of a certain value lets you apply for a residence permit in Georgia. We will tell you whether your choice qualifies.
Can I see the resort?
Yes. We can show you the site in Batumi in person or give you a video tour.
How is the name spelled: Lagoon Resort or Lagoon Batumi?
The name is Lagoon Resort. It is also written as Lagoon Resort Batumi or Lagoon Batumi. The resort is in the Adlia district of Batumi, Georgia.
Choose your apartment by the lagoon.
We will send the price list, floor plans and an installment plan of up to 36 months.
- Price list and available apartments
- Floor plans with areas
- An installment plan for your budget
- A tour on site or by video