Developer

Developer Sfero Development in Batumi

Website
Complexes
1
Apartments
17
Year of foundation
2020
address
118 Akaki Tsereteli Ave
phone+995592404404Emailinfo@sferoholding.ge

About the developer

Sfero Development is a prominent real estate developer based in Tbilisi, Georgia. The company is a part of Sfero Holding, which encompasses various business divisions including Sfero TV, Sfero Invest, and NGO activities

Sfero Development is known for its innovative residential projects, such as Sfero Garden located in Gonio. This project offers unique views and comfortable living spaces, exemplifying the company’s commitment to quality and customer satisfaction

The company also offers special promotions, such as a 20% discount in Grigoleti, indicating its focus on making property ownership more accessible

Sfero Holding, the parent company, aims to exceed expectations in all its endeavors, emphasizing professional excellence and community empowerment

Projects from Sfero Development
  • Sfero Garden
    3rd dead end of St. Andrew, 4
    from $2,500 per m²

    Buying property in Sfero Garden in Batumi is seen by the market as acquiring an asset in the city’s developing northern cluster, where a shortage of high-quality hotel stock is combined with the high ecological value of the location. This project is aimed at investors seeking to capitalize on their investment through the development of the Makhinjauri district and private buyers choosing housing in close proximity to the Botanical Garden. Demand for the project is ensured by its hybrid format, which effectively combines seasonal rentals with long-term ownership in a quiet coastal area. The growing interest in the northern part of Batumi is due to the limited availability of free plots for development in central districts and a shift in tourist focus toward ecological recreational zones. The Sfero Garden project is a modern multifunctional complex belonging to the premium real estate segment. The concept is based on creating an autonomous environment for relaxation and living, typical of the mixed-use format. The architectural solution stands out with fluid lines and the use of panoramic glazing, providing a maximum view of the sea coast and mountain ranges. The project is centered on the idea of integrating a modern urban environment into the natural landscape of Makhinjauri. The scale of the project and the reputation of the developer, Sfero Group, indicate a high degree of reliability. The developer already has a portfolio of completed projects, such as Sfero One, confirming its competence in creating high-tech real estate. The Sfero Garden format implies the presence of apartments of various sizes, which are handed over to owners in a condition ready for operation or subsequent finishing, depending on the chosen package. The completion date is scheduled for 2026, which corresponds to current construction rates and stages of monolithic frame erection. The liquidity of apartments in Sfero Garden is supported by the all-inclusive concept, where the developed internal infrastructure negates the need for frequent visits to central business districts. The complex is located in Makhinjauri, a suburb of Batumi that has transformed in recent years from a resort village into a prestigious coastal zone. The main advantage of the location is its proximity to the Batumi Botanical Garden, one of the region’s main tourist magnets. This proximity guarantees the preservation of high levels of greenery and air purity in the long term. The distance to the sea is only a few dozen meters, which effectively places the project on the first coastline. Business activity in Makhinjauri is growing due to the influx of foreign investment in the hotel sector and infrastructure. In the immediate vicinity of the complex, there are local cuisine restaurants, landscaped beach areas, and a modern railway station providing fast logistics to other cities in Georgia. At the same time, Batumi Airport is a 15–20 minute drive away, which is convenient for international tourist traffic. The prospects for real estate value growth in this area are explained by the gradual expansion of Batumi’s borders to the north and the shortage of available development plots with direct access to the beach and green zones. The choice of this location is driven by buyers' desire to distance themselves from the high building density of the Old City while maintaining transport accessibility to all city infrastructure. Sfero Garden provides a full range of services meeting the standards of a premium hotel, which is critically important for properties focused on passive rental income. Outdoor swimming pool with relaxation areas Modern SPA center with a full range of wellness treatments Fitness room with professional equipment Underground and surface parking for owners and guests 24-hour security and video surveillance system Own management company for room service Commercial premises for shops and cafes on the ground floors Landscaped roof terrace with panoramic views The residential complex offers a variety of layout solutions adapted to different investment strategies. The areas of the living units range from compact options suitable for daily rent to spacious apartments for family vacations. At the current stage of implementation, the cost of properties is distributed as follows: The minimum price per square meter is $2,500, while the average price in sea-view apartments reaches. Studios are offered starting from $57,150. One-bedroom apartments with a dedicated bedroom start from. Two-bedroom options for long-term stays are available from $114,600. For larger requests, solutions are provided at a price of and above. Studios and one-bedroom apartments with sea views are considered the most liquid for rent, as they enjoy stable demand from tourists throughout the high season. Investors should pay attention to the possibility of combining areas at the construction stage. Please check payment terms with specialists, as the developer periodically updates offers on payment schedules depending on the stage of construction. The investment logic of Sfero Garden is based on a combination of resort potential and limited supply in the ecological zones of Batumi. The main tenants here are tourists who prefer a quiet holiday near nature, as well as digital nomads choosing Makhinjauri for long-term stays outside the noisy center. The capitalization of the property occurs not only due to the inflation of construction material prices but also thanks to the development of the infrastructure of the district itself. The current construction status allows for entry into the project at a stage where the potential for price growth until the moment of commissioning is not yet exhausted. For foreign citizens, purchasing real estate in Georgia is simplified: the ownership format implies full ownership (freehold), and transaction registration takes minimum time. A logical investment horizon for this project is 3–5 years, which allows for capturing the period of active development of the northern cluster and reaching stable profitability after the full adjustment of management company services. The demand for the property in the rental market is formed due to the unique combination of the first line, proximity to the forest area, and the presence of a swimming pool, which sets it apart from standard urban development. Location in an ecologically clean area near the Botanical Garden. Direct access to the beach strip and panoramic sea views. Presence of a professional management company for remote asset management. Autonomous premium-class infrastructure within one building. Modern architectural solutions and high quality of construction materials. High liquidity potential due to the shortage of similar formats in Makhinjauri. Reliability of the developer with a proven track record of implementing large-scale projects. Investors: to form a portfolio of income-producing real estate focused on the high-quality tourist segment and long-term growth of the asset value. For living: those who value peace, sea air, and proximity to nature, but are not ready to give up modern comfort and service. For passive income: owners planning to transfer the management of apartments to a professional operator and receive profit without personal involvement in operational processes. For relocation: as a primary residence in a dynamically developing region with a mild climate and loyal legislation. Sfero Garden is a prime example of modern recreational real estate, where the emphasis is on the quality of the environment and the long-term value of the location. The project effectively solves the problem of finding a balance between investment benefit and personal comfort, offering infrastructure capable of competing with leading chain hotels in Batumi. The final choice in favor of this complex is justified by its unique positioning on the border of the city and a natural reserve, making it protected from the risks of market oversaturation with similar housing. To obtain a detailed calculation and select a layout for your goals, it is recommended to contact market experts for consultation.

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Projects on map
Offers from Sfero Development
Studio, 29 m²
3rd dead end of St. Andrew, 4
2 of 6
Studio, 29 m²

$72,475

from $2,500

Studio, 22.9 m²
3rd dead end of St. Andrew, 4
5 of 6
Studio, 22.9 m²

$57,325

from $2,500

Studio, 33.4 m²
3rd dead end of St. Andrew, 4
3 of 6
Studio, 33.4 m²

$83,500

from $2,500

Studio, 33.4 m²
3rd dead end of St. Andrew, 4
5 of 6
Studio, 33.4 m²

$83,500

from $2,500

Studio, 29 m²
3rd dead end of St. Andrew, 4
4 of 6
Studio, 29 m²

$72,475

from $2,500

2-room, 45.8 m²
3rd dead end of St. Andrew, 4
3 of 6
2-room, 45.8 m²

$114,600

from $2,500

Studio, 33.4 m²
3rd dead end of St. Andrew, 4
2 of 6
Studio, 33.4 m²

$83,500

from $2,500

Studio, 22.9 m²
3rd dead end of St. Andrew, 4
2 of 6
Studio, 22.9 m²

$57,325

from $2,500

Studio, 22.9 m²
3rd dead end of St. Andrew, 4
3 of 6
Studio, 22.9 m²

$57,325

from $2,500

2-room, 45.8 m²
3rd dead end of St. Andrew, 4
5 of 6
2-room, 45.8 m²

$114,600

from $2,500

Studio, 26.3 m²
3rd dead end of St. Andrew, 4
4 of 6
Studio, 26.3 m²

$65,700

from $2,500

Studio, 32.9 m²
3rd dead end of St. Andrew, 4
5 of 6
Studio, 32.9 m²

$82,150

from $2,500

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