Developer Felicia Development in Batumi

Buyers considering purchasing an apartment in the Green Space Kobuleti residential complex value the proximity to the sea combined with a boutique living format. The business-class project is located in Kobuleti, just 100 meters from the beach, and comprises only 30 apartments, ensuring privacy and reducing competition for the complex’s infrastructure. The format is suitable for both personal recreation and investment purposes — compact studios and one-bedroom apartments are in high demand in the short-term rental segment. The Green Space Kobuleti residential complex is positioned in the business segment of Adjara’s coastal real estate. The boutique format of 30 apartments distinguishes the project from mass-market new builds in Kobuleti, which are predominantly complexes with 100–200 units. A small number of lots fosters a closed community of residents and simplifies property management. The monolithic construction technology ensures flexible layout solutions. Ceiling heights of 2.85–2.9 meters meet business-class standards and create a sense of spaciousness. The apartments are handed over in a “white frame” condition, allowing owners to execute individual design projects without the need for demolition work. The eight-story building is designed with a focus on insolation and view characteristics. Energy-saving double-glazed windows reduce heat loss and air conditioning costs, which is critical for the humid subtropical climate of the coast. Balconies with tempered glass railings do not overload the facade and open up the panorama without visual barriers. The property format includes studios ranging from 33–35 m², as well as one-bedroom and two-bedroom apartments up to 118 m². The range of layouts meets the needs of different segments: from investors focused on short-term rental of studios to families choosing spacious formats for seasonal living. The commissioning of the complex is scheduled for 2025. The current stage of construction allows buyers to influence the final configuration of the apartments during the finishing works phase. The project is being implemented by Felicia Development, a company operating in the coastal real estate segment of Georgia. The developer’s reputation is built on the quality of their current projects and adherence to delivery deadlines. The boutique format of Green Space Kobuleti is a deliberate strategy aimed at creating a highly liquid product with a managed load on the infrastructure. A unique feature of the project is the combination of a first-line location (100 meters to the sea) with a boutique scale. Most new builds in Kobuleti are either set back from the beach or are large-scale complexes. Green Space Kobuleti occupies an intermediate niche: proximity to the sea without the “anthill” effect. The complex is located at 534 David Agmashenebeli Avenue, the central artery of Kobuleti. The area is characterized by well-developed pedestrian infrastructure: restaurants, shops, and pharmacies are within walking distance. Proximity to the sea (100 meters) ensures easy walking access to the beach without the need for transport. Kobuleti offers an alternative to Batumi for buyers seeking a calmer environment while maintaining developed infrastructure. The tourist flow during the summer season creates a steady demand for short-term rentals. The area’s business activity is growing due to the development of service infrastructure and the influx of residents from various countries. The prospects for property value growth in Kobuleti are linked to the limited supply of first-line properties. New projects with direct beach access are rare, which supports the liquidity of existing properties. The infrastructure development of the area — the expansion of the embankment and the renovation of public spaces — increases the location’s attractiveness for permanent residence. Swimming pool for residents' recreation Parking for car owners Restaurant on the complex premises Elevator for access to the upper floors Security system and CCTV The presence of a management company ensures the maintenance of common property and simplifies the process of renting out apartments for owners living outside Georgia. The area ranges from 33 m² (studios) to 118 m² (two-bedroom apartments). The price per square meter starts from. The starting price for a studio is, for a one-bedroom apartment —, and for a two-bedroom —. Studios and one-bedroom apartments of 35–50 m² are considered the most liquid for rent. Compact formats require less investment while maintaining high occupancy rates during the tourist season. Two-bedroom apartments are targeted at family tourists and long-term tenants, ensuring stable income outside the peak months. Purchase terms include an interest-free installment plan: 50% down payment, term — 18 months. Mortgage lending is available through TBC Bank with a down payment starting from 15%. Please contact the sales department for specific payment terms. The property format is geared towards short-term and medium-term rentals. The main tenants are tourists from various countries, attracted by the proximity to the sea and the developed infrastructure of Kobuleti. Demand for rentals is driven by the combination of the area’s affordability (compared to Batumi) and the quality of the new housing stock. The investment logic of the project is based on the scarcity of first-line supply in Kobuleti. The limited number of new projects with direct beach access supports the growth of the price per square meter as construction is completed and the area’s infrastructure develops. The investment horizon is 3 to 7 years, which corresponds to the cycle of forming a mature rental market and completing the active phase of the location’s development. The construction status allows you to purchase apartments at a stage where the price does not yet include a premium for a completed property. The ownership format is private, which simplifies the purchase process for foreign citizens. Please consult with our advisors regarding the specifics of real estate registration for non-residents. 100 meters to the sea — walking distance to the beach Boutique format of 30 apartments — privacy and manageability Business class with 2.9 m ceilings — compliance with comfortable living standards First line in Kobuleti — a scarce format for coastal real estate Energy-saving technologies — reduction of operating costs Interest-free installment plan for 18 months — flexible payment terms Investors — compact studios and one-bedroom apartments for short-term rental during the tourist season. For Living — two-bedroom apartments for permanent or seasonal living by the sea. For Relocation — buyers looking for the calm environment of Kobuleti with developed infrastructure and proximity to Batumi. For Passive Income — owners planning to hand over the property to a management company and receive a stable rental income stream. Green Space Kobuleti is a project for buyers who value the first line without the mass appeal of large complexes. The boutique format, business class, and location in Kobuleti create a product that combines living comfort with investment potential. The scarcity of first-line supply supports the property’s liquidity over a medium-term investment horizon. To select an apartment and receive detailed information, please contact the project consultants.

Felicia Residence in Batumi — a business-class project featuring monolithic construction technology and 30-story architecture in the Aghmashenebeli district, addressing the needs of investors seeking a highly liquid asset with a clear investment horizon and a 24-month interest-free installment plan. The project stands out in the market by combining business-class quality, a monolithic frame, and a location in a developing district, ensuring stable demand for both rental purposes and personal residence. Felicia is positioned as a business-class property, which is reflected in the choice of materials and technologies. The monolithic structure ensures the durability of the building and freedom in layout solutions. The 30-story architecture allows for a wide selection of floor levels and view characteristics. The project belongs to the investment segment of the market due to the combination of business-class quality and its location in a developing district. The property is in high demand due to the shortage of quality business-class offerings in this part of the city and clear entry conditions through interest-free installments. The completion date of the project is 2027. The residential complex is located in the Aghmashenebeli district, 1800 meters from the sea. This is a developing area of Batumi that combines a residential function with proximity to the city’s tourist infrastructure. The Aghmashenebeli district attracts buyers with a balance between a residential environment and accessibility to central Batumi. The proximity to the sea at 1800 meters ensures walking distance to the beaches without overpaying for the first line, making the property attractive to investors focused on medium-term rentals. Demand for real estate in this area is driven by infrastructure development and the growth of tourist flow in Batumi. Business-class properties in this location demonstrate stable liquidity due to the combination of construction quality and transport accessibility. The project offers apartments with various layouts, with the ability to choose floor levels and view characteristics. Monolithic technology ensures freedom of redevelopment and adaptation of the space to the owner’s needs. Starting prices: Studios from 1-bedroom apartments from 2-bedroom apartments from 3-bedroom apartments from The price per square meter ranges from to depending on the floor and layout. 1-bedroom apartments and studios are considered the most liquid for rental and resale in Batumi due to the optimal balance of price and demand from tourists. The property generates rental demand due to several factors: business-class attracts solvent tenants, the location in a developing district ensures value growth, and the proximity to the sea at 1800 meters makes the property attractive for seasonal rentals. The main tenants are tourists visiting Batumi for vacation, as well as expats and specialists working in the city on a medium-term basis. The investment horizon for the project is 3-5 years, taking into account the stage of the district’s development and the quality of construction. The property appreciates in value due to the development of the Aghmashenebeli district’s infrastructure, the growth of tourist flow in Batumi, and the shortage of quality business-class offerings. Liquidity is ensured by the monolithic construction technology and the availability of interest-free installments. Business-class with monolithic construction technology 30-story architecture with a wide selection of floor levels Aghmashenebeli district with developing infrastructure Interest-free installment plan for 24 months with zero monthly overpayment Proximity to the sea at 1800 meters without overpaying for the first line High liquidity for rental and resale Freedom of layout solutions thanks to the monolithic frame Investors — a highly liquid business-class property in a developing district with a clear investment horizon and entry conditions through installments. For personal living — high-quality business-class with monolithic technology and a location in an area with developing infrastructure. For relocation — a modern residential complex with clear purchase conditions and the ability to adapt the space to the owner’s needs. For passive income — a property with stable rental demand due to its business-class status, location, and proximity to Batumi’s tourist infrastructure. Felicia Residence in Batumi is suitable for investors seeking a liquid business-class property with a clear investment horizon and the ability to enter through an interest-free installment plan. The project addresses the need for stable passive income through a combination of construction quality, location in a developing district, and stable rental demand. For personal residence, the property is interesting due to its business-class status, monolithic technology, and balance between a residential environment and the accessibility of the city’s infrastructure. Leave a request for a consultation and selection of the optimal layout for your specific needs.