Next Address in Batumi

Batumi, Khimshiashvili, 11 Tbel Abuseridze Street
Next Address

Project parameters

  • Cost per m²

    $1,810
  • Class

    business
  • Apartments

    from 31 to 88.1 m²
  • Number of apartments

    133
  • Floors

    47
  • Elevator

    yes
  • Technology

    monolith
  • Distance to the sea

    700 m
  • District

    Khimshiashvili
Apartments
Studio$62,264
from 31 m²47 apartments
1-room$66,650
from 31 m²86 apartments
Interest-free installment
Down payment, $Monthly payment:Duration, month
20% - $12,453$1,277up to 39 months

Price dynamics

Description

Buying an apartment in Next Address Batumi is a solution for those seeking a balance between investment potential and the comfort of a modern urban environment. The project stands out against the city’s typical resort buildings due to its multifunctionality and its location in an actively developing business hub. Unlike objects focused solely on seasonal tourism, this complex addresses the task of year-round operation, making it attractive for both long-term rentals and permanent residence in the center of events. Buyers choose this complex for the opportunity to combine residential function with full-fledged business infrastructure in one building.

About the Residential Complex: Architecture and Concept

The project is a modern architectural ensemble consisting of three towers of varying heights, united by a common podium. The mixed-use concept, implemented by the developer Next Group, implies the integration of different types of spaces: residential apartments, office premises, and commercial areas. This approach aligns with global urban planning trends and ensures living autonomy. The exterior of the buildings is formed by continuous panoramic glazing and dynamic facade lines, emphasizing the property’s belonging to the premium segment. The completion date is scheduled for 2028, which allows for purchasing at the active construction stage.

The developer, Next Group, has a reputation as a reliable player in the Georgian market, with a portfolio of successfully completed projects and a clear territory development strategy. The scale of Next Address confirms the company’s ambitions to create a new point of attraction on the city map. The uniqueness of the offer lies in its clear zoning: Block A is oriented toward hotel services, Block B is intended for residential use, and Block C is dedicated to business functions and infrastructure. This separation of flows guarantees the privacy of residents while maintaining access to all services.

Location and Infrastructure Surroundings

The complex is located on Hero Alley — the main architectural and business artery of Batumi. This is a strategic location that connects the old city with new districts and provides quick access to key objects. The distance to the shoreline is about 800 meters, allowing for a connection to the sea while remaining in the center of business activity. In the immediate vicinity are the UEFA stadium, large shopping centers, and a Carrefour hypermarket, covering all the daily needs of residents without the need for long trips.

The demand for the property among tenants is explained by its location in the city’s business center and the presence of full-service facilities. Hero Alley is currently viewed as the most promising zone for housing capitalization, as administrative buildings and offices of large companies are concentrated here. Compared to coastal areas on the first line, where demand is seasonal, this location demonstrates stable activity throughout the year. The tourist flow in this area is formed not only by vacationers but also by business event participants, expanding the circle of potential tenants.

Internal Infrastructure

The project offers residents and guests an autonomous ecosystem, including all necessary services for living and working:

  • Outdoor pool on the podium terrace
  • Relaxation areas and landscape gardening
  • Modern fitness center and SPA area
  • Multi-level underground parking
  • 24/7 security and video surveillance system
  • Professional management company
  • Pharmacy, supermarket, and restaurants on the lower floors
  • Coworking and conference rooms in the business block

The presence of a management company allows property owners to delegate all issues regarding maintenance and tenant search, which is critically important for foreign investors.

Planning Solutions and Cost

The complex’s housing stock features a variety of formats, allowing one to select an object for a specific task. Areas vary from compact studios of 33.4 square meters to spacious four-room apartments of 144.1 square meters. All layouts include panoramic glazing, ensuring high levels of natural light and opening views of the city, mountains, and sea.

The following options are available for sale: – Studios starting from $62,264 – 1-bedroom apartments starting from $66,650 – 2-bedroom apartments starting from – 3-bedroom apartments starting from – 4-bedroom apartments starting from

For investors, studios and one-bedroom apartments are considered the most liquid, as they enjoy maximum demand in the short-term and medium-term rental market. Larger apartment formats are in demand in the long-term residence segment for expats and families working in Batumi. Payment terms and possible installment options must be clarified upon request at the time of inquiry.

Investment Logic and Growth Potential

The investment attractiveness of the project is based on several factors. First is the construction stage. Purchasing at the current stage allows for fixing a price below the market level of finished housing. Second, the location on Hero Alley guarantees the asset’s liquidity in the long term. High real estate liquidity is ensured by the shortage of quality construction sites on Hero Alley, which will lead to limited supply in this area in the future.

Rental demand in the complex is formed by a mix of target audiences: tourists, business travelers, and office employees located in the building itself or nearby. A logical investment horizon for this object is 3–5 years, covering the period until the completion of construction and the project’s reach of operational profitability indicators. Property status in Georgia is unconditional, allowing foreign citizens to purchase housing with the same rights as local residents.

Key Advantages of the Complex

  • Location in the business center of the city on the prestigious Hero Alley.
  • Unique mixed-use concept combining residential and business spaces.
  • Developed internal infrastructure with a pool, fitness, and parking.
  • Panoramic views of the city and sea from every apartment.
  • High construction quality from an experienced developer.
  • Potential for year-round occupancy due to the business segment of tenants.

Who is this property for?

For Investors: Aimed at creating a rental real estate portfolio with diversified income. Due to the business component, the property will be in demand regardless of the tourist season. For Living: For those who value mobility and comfort. Proximity to all city services and modern equipment makes it convenient for permanent stays. For Remote Work: The presence of coworking and developed commerce within the complex allows for minimizing time spent on daily chores.

Next Address Batumi is a contemporary real estate format that effectively meets the needs of modern buyers for quality housing and a reliable asset. The project stands out in the market due to a competent combination of location, functionality, and architectural value. For detailed information, current price lists, and selection of specific planning options, we recommend seeking expert consultation. The final analysis shows that this complex is optimally suited for long-term investment and high-quality urban living in the epicenter of Batumi’s development.

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