Next Collection earns a B investment grade in the model. Projected annual rent is about $7,510 after taxes and maintenance costs, giving simple payback of roughly 10 years once letting starts. Easy access to the coast and green space strengthens the location. Next Group has five completed projects, but this building is scheduled for Q2 2027 handover. The wait and the characteristics of the chosen apartment should be part of the decision.
Overview
Project details
Finish options
Construction technology
Elevators
Infrastructure
Parking
Security & Safety
Utilities
72,316 $
75,210 $
76,300 $
76,780 $
76,954 $
77,172 $
Green Cape: A Peaceful Residential Retreat Surrounded by Nature
Located north of Batumi, close to the Botanical Garden, Green Cape is known for its lush natural surroundings, low-rise architecture and tranquil atmosphere. With many buildings limited to five or six floors, the area feels more open and less densely developed than central Batumi. Its greenery and hillside setting offer a peaceful alternative to the city’s busier neighbourhoods.
Pros: Fresh air, panoramic views of the Black Sea and surrounding hills, a private residential atmosphere and convenient access to the Batumi Botanical Garden. The area offers greater privacy and a slower pace of life than central Batumi.
Cons: The choice of shops, cafés and everyday services is more limited. The hilly terrain makes a car highly recommended, while lower levels of tourist and pedestrian activity generally make the area better suited to long-term living than short-term holiday rentals.
✅ Who it suits: Buyers seeking a quieter lifestyle surrounded by nature; retirees and creative professionals who value privacy and space; and families with a car looking for peaceful residential living within easy reach of Batumi.
Nearby travel times
Next Collection
Batumi, Green Cape, Tamar Mepe Ave, 39
Financing
Bank
TBC Bank
Terms
Mortgage available; down payment from 20%
Provider
Next Group
Terms
0% installment; up to 48 months; down payment from 20%