What is the "Bogus Property Investment Pitch" scam in Batumi?

Question

Accepted Answer

Batumi has seen rapid real estate development and some developers target tourists — particularly Israeli, Russian, and Arab visitors with known investment interests — with high-pressure pitches for off-plan apartment purchases. Properties are oversold relative to delivered value, and developer insolvency has left buyers without completed units. Never commit to real estate investment during a tourist visit without independent legal review by a Georgian attorney. Verify developer registration with the National Agency of Public Registry before any deposit. Research completed projects by the same developer.

Online Scams in Batumi

Bogus Property Investment Pitch

Experienced a scam here?