Frequently asked questions
Payment with Cryptocurrency
Payment can be made with the following Cryptocurrency:
Bitcoin, Ethereum, Litecoin.
Payment is applicable at the time of payment by currency exchange rate. You need an electronic wallet and a corresponding address for your payment.
Bitcoin, Ethereum, Litecoin.
Payment is applicable at the time of payment by currency exchange rate. You need an electronic wallet and a corresponding address for your payment.
What are the procedures of buying an apartment in Georgia?
BUYING AN APARTMENT IN A BUILDING UNDER CONSTRUCTION
1. 1. SIGN THE PRELIMINARY CONTRACT OF PURCHASE AND SALE BETWEEN THE SELLER – COMPANY-BUILDER AND THE BUYER.
2. 2. MAKE THE PAYMENT ON THE ACCOUNT OF THE SELLER, PURSUANT TO THE AGREEMENT OF PURCHASE AND SALE.
3. REGISTER THE PROPERTY IN A PUBLIC REGISTER. WHEN BUYING AN APARTMENT IN A BUILDING UNDER CONSTRUCTION, TWO AGREEMENTS ARE SIGNED _ PRELIMINARY AND PRIMARY. PRELIMINARY AGREEMENT INCLUDES:
-THE COMPANY’S COMMITMENT IS TO HAND OVER A HOUSE IN A CERTAIN TIME AND IN A CONDITION THAT IS DESCRIBED IN THE SAME AGREEMENT (REPAIR STATUS, THE WALLS, FLOOR, WINDOWS, DOORS, COMMUNICATIONS, ETC)
- OBLIGATIONS OF THE PARTIES TO SIGN A MAJOR CONTRACT IN THE FUTURE.
SINCE SIGNING THE PRELIMINARY CONTRACT AND BEFORE SIGNING THE MAIN CONTRACT _ THE BUYER SHALL REGISTER IN THE REGISTER AS THE FUTURE OWNER OF THE APARTMENTS UNDER CONSTRUCTION. AT THE TIME OF SIGNING THE MAIN CONTRACT, BOTH PARTIES SHALL PERFORM THEIR OBLIGATIONS UNDER THE PRELIMINARY CONTRACT. THE COMPANY _ TO BUILD AND HAND OVER AN APARTMENT AT THE TIME AND IN THE CONDITION, UNDER CONTRACT, THE BUYER _ TO PAY THE FULL PRICE OF THE APARTMENT. WHEN SIGNING THE MAIN CONTRACT, APARTMENT SHALL BE AGAIN REGISTERED IN THE REGISTER, TO THE BUYER AS TO THE OWNER.
REQUIRED DOCUMENTS FOR REGISTRATION IN THE REGISTRY::
1. APPLICATION (ONLINE APPLICATION IS FILLED BY THE RECEIVING OPERATOR).
2. COPY OF IDENTITY CARD.
3. THE AGREEMENT.
4. A COPY OF THE BUILDING PERMIT.
5. CERTIFIED LAYOUT OF INDIVIDUAL ROOMS AND COMMON PROPERTY OF THE FLOORS.
6. TECHNICAL PLAN OF THE APARTMENT.
7. DOCUMENT CONFIRMING PAYMENT OF THE COST OF THE REGISTRATION SERVICE (PAYMENT SERVICES AVAILABLE ON-SITE). IF YOU ARE A TRUSTEE OF THE PERSON CONCERNED, WE MUST ADDITIONALLY SUBMIT A POWER OF ATTORNEY CERTIFIED BY THE PROPER ORDER AND A COPY OF YOUR IDENTITY CARD.
BUYING AN APARTMENT IN A BUILDING UNDER CONSTRUCTION
1. SIGN THE CONTRACT OF PURCHASE AND SALE BETWEEN SELLER — COMPANY-BUILDER AND BUYER.
2. MAKE THE PAYMENT ON THE ACCOUNT OF THE SELLER, PURSUANT TO THE AGREEMENT OF PURCHASE AND SALE.
3. REGISTER THE PROPERTY IN A PUBLIC REGISTER.
REQUIRED DOCUMENTS FOR REGISTRATION IN THE REGISTRY:
1. APPLICATION (ONLINE APPLICATION IS FILLED BY THE RECEIVING OPERATOR).
2. COPY OF IDENTITY CARD.
3. DOCUMENT CONFIRMING ACCEPTANCE DATE (ACCEPTANCE INTO SERVICE) APARTMENT/BUILDING-CONSTRUCTION.
4. TECHNICAL PLAN ACQUIRED OBJECT.
5. DOCUMENT CONFIRMING PAYMENT OF THE COST OF THE REGISTRATION SERVICE (PAYMENT SERVICES AVAILABLE ON-SITE). IF YOU ARE A TRUSTEE OF THE PERSON CONCERNED, WE MUST ADDITIONALLY SUBMIT A POWER OF ATTORNEY CERTIFIED BY THE PROPER ORDER AND A COPY OF YOUR IDENTITY CARD.
1. 1. SIGN THE PRELIMINARY CONTRACT OF PURCHASE AND SALE BETWEEN THE SELLER – COMPANY-BUILDER AND THE BUYER.
2. 2. MAKE THE PAYMENT ON THE ACCOUNT OF THE SELLER, PURSUANT TO THE AGREEMENT OF PURCHASE AND SALE.
3. REGISTER THE PROPERTY IN A PUBLIC REGISTER. WHEN BUYING AN APARTMENT IN A BUILDING UNDER CONSTRUCTION, TWO AGREEMENTS ARE SIGNED _ PRELIMINARY AND PRIMARY. PRELIMINARY AGREEMENT INCLUDES:
-THE COMPANY’S COMMITMENT IS TO HAND OVER A HOUSE IN A CERTAIN TIME AND IN A CONDITION THAT IS DESCRIBED IN THE SAME AGREEMENT (REPAIR STATUS, THE WALLS, FLOOR, WINDOWS, DOORS, COMMUNICATIONS, ETC)
- OBLIGATIONS OF THE PARTIES TO SIGN A MAJOR CONTRACT IN THE FUTURE.
SINCE SIGNING THE PRELIMINARY CONTRACT AND BEFORE SIGNING THE MAIN CONTRACT _ THE BUYER SHALL REGISTER IN THE REGISTER AS THE FUTURE OWNER OF THE APARTMENTS UNDER CONSTRUCTION. AT THE TIME OF SIGNING THE MAIN CONTRACT, BOTH PARTIES SHALL PERFORM THEIR OBLIGATIONS UNDER THE PRELIMINARY CONTRACT. THE COMPANY _ TO BUILD AND HAND OVER AN APARTMENT AT THE TIME AND IN THE CONDITION, UNDER CONTRACT, THE BUYER _ TO PAY THE FULL PRICE OF THE APARTMENT. WHEN SIGNING THE MAIN CONTRACT, APARTMENT SHALL BE AGAIN REGISTERED IN THE REGISTER, TO THE BUYER AS TO THE OWNER.
REQUIRED DOCUMENTS FOR REGISTRATION IN THE REGISTRY::
1. APPLICATION (ONLINE APPLICATION IS FILLED BY THE RECEIVING OPERATOR).
2. COPY OF IDENTITY CARD.
3. THE AGREEMENT.
4. A COPY OF THE BUILDING PERMIT.
5. CERTIFIED LAYOUT OF INDIVIDUAL ROOMS AND COMMON PROPERTY OF THE FLOORS.
6. TECHNICAL PLAN OF THE APARTMENT.
7. DOCUMENT CONFIRMING PAYMENT OF THE COST OF THE REGISTRATION SERVICE (PAYMENT SERVICES AVAILABLE ON-SITE). IF YOU ARE A TRUSTEE OF THE PERSON CONCERNED, WE MUST ADDITIONALLY SUBMIT A POWER OF ATTORNEY CERTIFIED BY THE PROPER ORDER AND A COPY OF YOUR IDENTITY CARD.
BUYING AN APARTMENT IN A BUILDING UNDER CONSTRUCTION
1. SIGN THE CONTRACT OF PURCHASE AND SALE BETWEEN SELLER — COMPANY-BUILDER AND BUYER.
2. MAKE THE PAYMENT ON THE ACCOUNT OF THE SELLER, PURSUANT TO THE AGREEMENT OF PURCHASE AND SALE.
3. REGISTER THE PROPERTY IN A PUBLIC REGISTER.
REQUIRED DOCUMENTS FOR REGISTRATION IN THE REGISTRY:
1. APPLICATION (ONLINE APPLICATION IS FILLED BY THE RECEIVING OPERATOR).
2. COPY OF IDENTITY CARD.
3. DOCUMENT CONFIRMING ACCEPTANCE DATE (ACCEPTANCE INTO SERVICE) APARTMENT/BUILDING-CONSTRUCTION.
4. TECHNICAL PLAN ACQUIRED OBJECT.
5. DOCUMENT CONFIRMING PAYMENT OF THE COST OF THE REGISTRATION SERVICE (PAYMENT SERVICES AVAILABLE ON-SITE). IF YOU ARE A TRUSTEE OF THE PERSON CONCERNED, WE MUST ADDITIONALLY SUBMIT A POWER OF ATTORNEY CERTIFIED BY THE PROPER ORDER AND A COPY OF YOUR IDENTITY CARD.
How much does the registration in a public register cost?
COST OF SERVICES AND TERMS OF REGISTRATION IN A PUBLIC REGISTRY: 4 BUSINESS DAYS (INCLUDING THE DAY OF APPLICATION) - 50 GEL, 1 BUSINESS DAY (EXCLUDING THE DAY OF APPLICATION) - 150 GEL. REGISTRATION AT THE DAY OF APPLICATION - 200 GEL.
Can a citizen of the other country buy an apartment in Georgia?
TO BUY A PROPERTY IN GEORGIA, CITIZENSHIP DOES NOT MATTER. FOREIGN CITIZENS MAY ACQUIRE OWNERSHIP OF PROPERTY, REGARDLESS OF WHICH COUNTRY CITIZENS THEY ARE.
What documents are required for a foreigner to buy a property?
FOR REGISTRATION THE CONTRACT OF PURCHASE AND SALE, MUST HAVE A DOCUMENT PROVING YOUR IDENTITY AND THE REQUIRED AMOUNT TO PAY THE COST OF THE PROPERTY, UNDER THE AGREEMENT.
In which language is the deal issued?
PURCHASE AND SALE TRANSACTION IS IN TWO LANGUAGES - GEORGIAN-OFFICIAL LANGUAGE AND THE LANGUAGE OF THE BUYER. BOTH COPIES ARE LEGALLY BINDING, SIGNED BY BOTH PARTIES OF THE AGREEMENT AS WELL AS A TRANSLATOR, RESPONSIBLE FOR THEIR IDENTITY. THE DATA OF TRANSLATOR ARE STORED IN THE PUBLIC REGISTER WITH THE CONTRACT.
What documents are required to purchase through an attorney?
TO BUY A PROPERTY THROUGH AN ATTORNEY, A NOTARIZED POWER OF ATTORNEY IS NEEDED, AS WELL AS THE COPY OF THE PASSPORT OF THE PRINCIPAL AND CONTRACT INFORMATION OF THE NOTARY, WHO CERTIFIED THE POWER OF ATTORNEY (PHONE, E-MAIL). AT REGISTRATION PUBLIC REGISTER EMPLOYEES SHALL BE ABLE TO CONTACT THE NOTARY FOR ADDITIONAL AUTHENTICITY OF THE DOCUMENT.
What are the conditions of buying an apartment in your company?
PAYMENT OPTIONS:
1. 100% PAYMENT – THE FULL AMOUNT OF THE PURCHASE PRICE IS PAID WITHIN 10 DAYS FROM SIGNING THE CONTRACT.
2. WHEN YOU PAY FOR AN APARTMENT INSTALLMENT: AN INITIAL PAYMENT IS 30% OF THE PURCHASE PRICE, THE REMAINING AMOUNT IS PAID MONTHLY OR QUARTERLY DURING THE CONSTRUCTION PERIOD.
3. INDIVIDUAL PAYMENT TERMS ARE AVAILABLE.
1. 100% PAYMENT – THE FULL AMOUNT OF THE PURCHASE PRICE IS PAID WITHIN 10 DAYS FROM SIGNING THE CONTRACT.
2. WHEN YOU PAY FOR AN APARTMENT INSTALLMENT: AN INITIAL PAYMENT IS 30% OF THE PURCHASE PRICE, THE REMAINING AMOUNT IS PAID MONTHLY OR QUARTERLY DURING THE CONSTRUCTION PERIOD.
3. INDIVIDUAL PAYMENT TERMS ARE AVAILABLE.
How much are Public utilities in Georgia?
- COLD WATER ~ 019 USD PER 1 TON.
- GARBAGE ~ 1,13USD (PER PERSON PER MONTH)
- GAS ~ 0,19 USD PER 1 CUBIC METER
- ELECTRICITY ~ 0,06 USD PER 1 KW/H
- GARBAGE ~ 1,13USD (PER PERSON PER MONTH)
- GAS ~ 0,19 USD PER 1 CUBIC METER
- ELECTRICITY ~ 0,06 USD PER 1 KW/H
Can I buy an apartment in Batumi, while not being in Georgia?
TO BUY AN APARTMENT IN GEORGIA, WHILE NOT BEING IN THE COUNTRY, FOREIGN CITIZENS SHALL SEND A GENERAL POWER OF ATTORNEY ON REGISTRATION OF OWNERSHIP OF THE PRINCIPAL TO A TRUSTEE IN GEORGIA BY MAIL, AS WELL AS PROVIDE NOTARY CONTACT PHONE NUMBER AND E-MAIL, FORMALIZED A POWER OF ATTORNEY ( THIS IS INEVITABLE FOR VERIFYING THE AUTHENTICITY OF DOCUMENTS).AFTER THAT, THE TRUSTEE IN GEORGIA SUBMITS AN APPLICATION IN THE PUBLIC REGISTER FOR REGISTRATION OF OWNERSHIP OF THE PRINCIPAL. VERIFICATION OF THE DOCUMENTS IN THE REGISTER OCCURS WITHIN TWO MONTHS (IN PRACTICE, AT LEAST TWO WEEKS.) WHEN THE EXTRACT FROM THE REGISTER IS READY, YOU CAN CHECK THE OFFICIAL WEBSITE WWW.REESTRI.GOV.GE. EACH EXTRACT FROM THE REGISTER HAS A UNIQUE BAR CODE, WET SEAL ASSURANCE IS NOT REQUIRED. GEORGIAN CITIZENS CAN MAKE THE POWER OF ATTORNEY BY SKYPE-CONFERENCE, IN THE PRESENCE OF TWO RELATIVES OR ACQUAINTANCES IN GEORGIA, WHO CAN CONFIRM THE IDENTITY OF THE PRINCIPAL ( THE DATA PASSPORTS ARE REQUIRED.) IN THIS CASE, IN THE PUBLIC REGISTER, ALL THE DOCUMENTS CAN BE FORMALIZED WITHIN ONE BUSINESS DAY. MONEY SHALL BE TRANSFERRED INTO THE DEVELOPER ACCOUNT. CONTRACTS ARE SIGNED IN SCANNED FORM, ON THE BASIS OF THIS PRELIMINARY CONTRACT, AN AGREEMENT OF PURCHASE AND SALE IS SIGNED.
What is «black» and «white frame»?
“WHITE FRAME” MEANS THE SPACE WITH FINISHED INTERIOR DECORATION ( SCREED, PLASTER), PLASTIC WINDOWS, METAL ENTRANCE DOORS, INTERNAL PARTITIONS ON YOUR PROJECT. MANY CONSTRUCTION COMPANIES IN THE “ WHITE FRAME” ALSO INCLUDE CENTRAL HEATING PIPES, TELEPHONE LINES, CABLE TV AND INTERNET. ADVANTAGES: PURCHASING A “WHITE FRAME” YOU SAVE TIME AND EFFORT, THAT GOES INTO THE BLACK WORK.
“BLACK FRAME” ASSUMES THE ABSENCE OF INTERNAL PARTITIONS. PLASTIC WINDOWS, ENTRANCE DOORS, COMMUNICATION FACILITIES PENCILED TO THE FRONT DOOR ARE INCLUDED. ADVANTAGES: LOWER PRICE, LAYOUT AND DECORATION SHALL BE DONE TO YOUR TASTE.
“BLACK FRAME” ASSUMES THE ABSENCE OF INTERNAL PARTITIONS. PLASTIC WINDOWS, ENTRANCE DOORS, COMMUNICATION FACILITIES PENCILED TO THE FRONT DOOR ARE INCLUDED. ADVANTAGES: LOWER PRICE, LAYOUT AND DECORATION SHALL BE DONE TO YOUR TASTE.