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AI Investment Summary

Next Magnolia has a B investment grade, with modelled rent of about $4,540 a year after taxes and maintenance costs. Simple payback is roughly 13 years once the apartment can be let. Next Group has completed five projects, while this one is planned for handover in Q4 2028. That wait is the main trade-off for investors. The model includes a renovation allowance in the investment base, so the payback figure is not based on the bare unit cost alone.

66.9
Final score
66.9
60
Liquidity
60
Net yield
7.6%
Appreciation potential score
57/100
Exit score
47.2/100
Investment grade
B
ADR
37 $
Occupancy
61%
Annual net rent
4,538 $
Primary Strategy: Balanced

Overview

Next Magnolia Key benefits: 1500m to the sea. Premium residential complex with natural surroundings. Panoramic views of the sea. European-style interiors. Location: 96 Airport Highway, Batumi. 15 min walk to Lech and Maria Kaczynski Park, 10 min from airport. Tech: 16-storey monolithic-frame. Energy-efficient double glazing. LED facade lighting. Amenities: Outdoor swimming pool, fitness center, coworking space, cafe, restaurant, children's area, green courtyard, underground parking, 24/7 security. Units: Studios, 1-3-bedroom apartments (31.9–86.3 m²). White frame finish. Purchase terms: Installments from 15% down payment.

Project details

Construction status· PlannedDelivery· Q4 2028Area range· 31.9-86.3 m²

Finish options

White frame

Construction technology

Monolithic frame

Elevators

Yes

Infrastructure

Landscaped yardCafeRestaurantChildren's playgroundFitness centerSwimming poolBusiness centerChildren's areaChildren's entertainment center

Parking

Underground

Security & Safety

ReceptionSecurity

Utilities

Gas
Layouts75Last update: Oct 17, 2026
Price
36,000 $-137,217 $
Area
31-87 m²
Layout type
Sort
Status
Plan 324
Apartment 324Available

41,470 $

31.9 m²Floor 3Studio
Plan 310
Apartment 310Available

41,600 $

32 m²Floor 3Studio
Plan 316
Apartment 316Available

41,730 $

32.1 m²Floor 3Studio
Plan 317
Apartment 317Available

41,730 $

32.1 m²Floor 3Studio
Plan 417
Apartment 417Available

42,372 $

32.1 m²Floor 4Studio
Plan 326
Apartment 326Available

44,200 $

34 m²Floor 3Studio
Location

Khimshiashvili District: Authentic Seaside Living at Accessible Prices

Located between Batumi’s Old Town and New Boulevard, Khimshiashvili is a calm, well-established neighbourhood with a genuine local character. Away from the busiest tourist areas, it is known for its open-air markets, family-run cafés serving local cuisine, public schools and convenient access to everyday services.

Pros: Proximity to the sea, with the beach within walking distance from many parts of the neighbourhood; a peaceful, unhurried residential atmosphere; fresh produce at accessible prices in local markets; and generally more affordable property options than in Batumi’s premium resort districts.

Cons: Much of the area consists of older apartment buildings and private houses, with fewer modern residential developments. The choice of leisure and resort-style amenities is also more limited, as this is primarily a residential neighbourhood rather than a tourist district.

✅ Who it suits: Local residents and international buyers looking for their first home in Georgia at a reasonable price; practical buyers who want to live within walking distance of the sea without paying a premium for a resort location; and families with school-aged children who value access to nearby schools and kindergartens.

City
Batumi
District
Khimshiashvili
Address
Airport Highway 96

Nearby travel times

Walk to sea
9 min
Walk to park
9 min
Walk to school
4 min
Nearest major mall
Grand Mall
Drive to mall
4 min
Next Group works in Batumi’s resort and investment real estate segment, including branded and serviced residential formats. The HomeRadar portfolio includes several notable projects: Next Address, Next Downtown, Wyndham Residence Batumi, Radisson Residences, Next Collection, Next Gardens, Next Magnolia and Next White. Next Address stands out in particular as one of the stronger projects by liquidity, investment potential and urban location. This developer is relevant for buyers considering real estate not only for personal use, but also as a rental or capital-growth asset.
More about the developer

Next Magnolia

Batumi, Khimshiashvili, Airport Highway 96

Price from
41,470 $
Price per m²
1,300 $ / m²

Financing

Mortgage

Bank

TBC Bank

Terms

Mortgage available; down payment from 20%

Installment from developer

Provider

Next Group

Terms

0% installment; up to 48 months; down payment from 20%

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