Developer REDCO in Batumi
Website
Complexes
1Apartments
3Year of foundation
2012address
Tbilisi, 1 Tengiz Abuladze StreetAbout the developer
REDCO is a Georgian real estate development company operating in the property market since 2012. The developer specializes in residential complexes, aparthotels, and resort properties in Tbilisi, Batumi, Gudauri, Bakuriani, and Tsikhisdziri. The company supports projects at different stages, from concept development and financing to construction, operation, and property management. The REDCO portfolio includes urban and recreational developments designed both for personal use and investment. For buyers considering new developments in Batumi and on the Black Sea coast of Georgia, REDCO is notable for its experience in delivering large resort complexes and working in major tourist destinations across the country.
Projects from REDCO
Bamboo Beach Tsikhisdziri
Tsikhisdziri, 90 Memed Abashidze Streetfrom $1,700 per m²- Studios from 35m²from $60,010
- 3-room apartments from 221m²from $441,800
Bamboo Beach Tsikhisdziri in Batumi is chosen for purchase as ready-made resort real estate by the sea, suitable for both personal recreation and renting out. Unlike most urban new builds, the complex is located in the natural zone of Tsikhisdziri, operates in a hotel format, and has already been commissioned. The project solves the problem of a buyer who values the first coastline, management, and the absence of construction risks. Bamboo Beach Tsikhisdziri is a premium hotel-type complex by REDCO. It is built on an area of 10,000 m², includes a monolithic 12-story building, and features six elevators. The handover took place in 2024, so the condition of the building and the territory can be assessed prior to the deal. The apartments are combined with recreation areas and service management. In the Kobuleti market, this format belongs to the premium investment segment, as the value is driven by the area, views, beach access, and territory maintenance. REDCO was founded in 2012 and develops residential and recreational projects. The management company maintains the apartments and handles their rental. The complex is located in Tsikhisdziri, at 90 Memed Abashidze Street, about 50 meters from the sea. The distance to Batumi is about 23 kilometers, and the drive to the international airport takes about 40 minutes. Nearby are Bobokvati beach, bamboo and eucalyptus groves, and the Petra fortress. Tsikhisdziri differs from the center of Batumi with its lower building density and resort environment. Demand here is driven by the sea, nature, and quiet family recreation. The project is chosen because it combines a beach location with access to Batumi without living in a dense urban environment. For permanent living, the area is suitable for those who value tranquility and are not dependent on daily trips to the center. The investment logic is linked to recreation, seasonal rental, and mixed use. Private beach access. Outdoor and indoor swimming pools. SPA and wellness zone. Fitness center. Children's recreation areas. Surface and underground parking. Security, video surveillance, and reception. Management company and rental service. The beach, pools, and service enhance rental demand and distinguish the complex from standard coastal houses. The area of the apartments ranges from approximately 34 to 87 m². There are studios and more spacious options for family accommodation. Some units are sold in black frame/white frame, while others are offered with renovations and furniture on the secondary market. The cost of a studio starts from $60,010, and the minimum price per square meter is {{price-m2-min}}. The price depends on the floor, view, renovation, furniture, and sales conditions. Check payment terms for the selected lot. Compact apartments are convenient for short-term rentals to couples and small families. Larger layouts are oriented towards family vacations and long-term stays, but require a larger budget for furnishing. The main advantage for an investor is the readiness of the project. The buyer eliminates the risk of construction delays and can prepare the property for rent faster. Demand is supported by the first coastline, natural environment, infrastructure, and proximity to Batumi. The main tenants are tourists, couples, and families with children who prefer a quiet vacation outside the center. The management company allows you to hand over the maintenance and guest search to a professional team. Before the deal, it is necessary to check the management tariff, commissions, maintenance costs, and rules for personal living. Liquidity is supported by the completed construction, the limited supply of beachfront apartments, and the ability to combine rentals with personal use. A logical investment horizon is medium or long-term, as the result depends on the quality of management and the development of the resort area. Foreigners can register apartments as property and register the right in the public registry of Georgia. Restrictions mainly apply to agricultural land, not apartments. Ready complex handed over in 2024. Distance to the sea is about 50 meters. Territory area of 10,000 m². Hotel format with resort infrastructure. Management company with rental service. Apartments ranging from 34 to 87 m². Natural location near Batumi. For investors, the project is suitable as a ready-made rental asset by the sea, where demand is supported by the beach, pools, and hotel service. For living, the complex is rational for buyers who value the sea, nature, and a calm environment. For relocation, it suits people with remote work and those who do not need daily trips to the center of Batumi. For passive income, the property is interesting due to the management company, but the actual yield depends on the purchase price, renovation, management tariff, and occupancy rate. Bamboo Beach Tsikhisdziri in Batumi suits a buyer looking for ready-made apartments on the first coastline for recreation and rental, rather than standard urban housing. The project stands out for its natural location, infrastructure, and management. Before buying, it is worth comparing layouts, views, renovation conditions, and maintenance costs, and then requesting an up-to-date calculation for the apartment.Copied!
Projects on map
Offers from REDCO
