Next Downtown residential complex in Batumi is a boutique apartment project located in the historic city center, considered for purchase when location, liquidity, and rental demand are the key priorities. The complex is oriented toward investment purposes, seasonal rentals, and living in the heart of a seaside resort city. The project is chosen due to the rare format of new construction in the Old Town and the limited supply of comparable properties, which clearly distinguishes it from large-scale residential developments outside the center.
Next Downtown is a low-rise apartment complex developed in the historic part of Batumi. The project includes a limited number of units, creating a private living environment and reducing internal competition in the rental market. The scale and format allow the complex to be positioned as an investment-focused property with elements of a premium segment. In a market where new construction in the city center is strictly limited, such projects are perceived as niche assets with more stable demand. The developer, Next Group, specializes in resort and apartment projects designed for both rental use and investment ownership.
The complex is located in Batumi’s historic center, within walking distance of the sea, the promenade, the city boulevard, restaurants, and major tourist routes. The Old Town traditionally concentrates the city’s main tourist and pedestrian flow. Demand for property in this area is driven by the combination of tourism activity and a shortage of new housing, which sets the center apart from rapidly developing peripheral districts. This dynamic is what supports higher long-term liquidity for properties in the Old Town.
The infrastructure of the complex соответствует the urban apartment format and includes a closed residential concept, parking, commercial spaces, and common areas. An additional advantage is the fully developed city infrastructure within walking distance, which increases the project’s appeal to both tenants and permanent residents.
The project offers studios, one-bedroom, and two-bedroom apartments. Unit sizes fall within compact and mid-range layouts that are considered the most in-demand formats in Batumi’s resort real estate market. The layouts are suitable for both short-term rentals and long-term living. Studios and one-bedroom apartments remain the most liquid rental formats, as they are easier to operate and attract tenants more quickly. Payment terms should be уточнены during apartment selection.
The investment logic of Next Downtown is based on the combination of a central location, steady tourist demand, and a limited supply of new residential projects in the historic center. Rental demand is supported by proximity to the sea and key points of urban activity, making the property attractive during both high and off seasons. The primary tenants are tourists, remote professionals, and residents who prefer living in the city center. For this type of asset, a medium- to long-term investment horizon focused on capital preservation and stable rental income is considered the most appropriate.
Next Downtown residential complex in Batumi is suitable for investors targeting rental demand in the city center, for buyers seeking a home in a historic seaside district, and for those viewing resort real estate as a source of passive income. Due to its location, boutique scale, and the area’s tourist appeal, the project is perceived by the market as a liquid asset with a clear and rational purchase and operating logic.
