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AI Investment Summary

Radisson Residences is a managed-rental proposition associated with a well-known hotel brand. Modelled rent is about $9,030 a year after taxes and maintenance costs, with simple payback of roughly 11 years once letting begins. Handover is planned for Q2 2027. Next Group has completed five projects, but occupancy and the operator agreement are central to the outcome here. The apartment cannot earn rent before completion.

64.9
Final score
64.9
60
Liquidity
60
Net yield
9%
Appreciation potential score
46/100
Exit score
44.2/100
Investment grade
C
ADR
93 $
Occupancy
44%
Annual net rent
9,029 $
Primary Strategy: Balanced

Overview

Radisson Residences Key benefits: 20m to the sea (first line). 5-star branded residence. Managed by Radisson Management Company. Exclusive amenities. Location: 3 Saint Andrew 3rd Dead-end, Gonio. Elite suburban area, 15 min from Batumi center, 11 min from airport. Tech: 26-storey monolithic-frame. Eco-style facade with panels and glazing. Glass balconies with sea or mountain views. Amenities: Indoor and outdoor pools, fitness center, SPA, restaurant with terrace, casino, conference room, supermarket, rooftop panoramic lounge bar, playground, sports field, 80 parking spaces, private beach. Units: Studios, 1-2-bedroom apartments (31.88–88.53 m²). Fully furnished. Finishes: standard or deluxe. Purchase terms: Joint project of Next Group and Radisson. Rental management available.

Project details

Construction status· PlannedDelivery· Q2 2027Area range· 31.88-88.53 m²

Elevators

Yes

Security & Safety

Reception

Infrastructure

BarCasinoFitness centerSpaBusiness centerCommercial areasRestaurantTerraceSwimming poolChildren's playgroundSports groundPlayground

Parking

Ground level
Layouts63Last update: Oct 17, 2026
Area
31-89 m²
Layout type
Sort
Status
Plan 1023
88.53 m²Floor 102 bedrooms
Plan 1106
50.14 m²Floor 111 bedroom
Plan 1123
88.53 m²Floor 112 bedrooms
Plan 1223
88.53 m²Floor 122 bedrooms
Plan 1301
66.08 m²Floor 131 bedroom
Plan 1323
88.53 m²Floor 132 bedrooms
Location

Gonio-Kvariati: Premium Suburb Surrounded by Nature

Located a short drive south of Batumi, near the Turkish border, this area is known for its clean pebble beaches, clear seawater, and fresh mountain air. Pine-covered hills meet the Black Sea, creating a peaceful setting away from the city’s busiest areas. High-end residential complexes and private villas blend naturally into the surrounding landscape.

Pros: Fresh sea breezes, pine-covered hillsides, quieter pebble beaches, and panoramic views of the Black Sea coastline and surrounding mountains. The area offers a private atmosphere and a more relaxed lifestyle than central Batumi.

Cons: Urban infrastructure is more limited, with fewer shopping, dining, and entertainment options than in the city. A car is highly recommended, as the drive to central Batumi usually takes around 15–30 minutes. The hilly terrain may also be less convenient for those who prefer flat walking routes.

✅ Who it suits: Families with children who value clean air, proximity to the sea, and a peaceful environment; premium buyers looking for a summer residence, private villa, or comfortable year-round home; and those who appreciate privacy, natural landscapes, and private pools away from the busiest tourist areas.

City
Batumi
District
Gonio-Kvariati
Address
Saint Andrew 3rd Dead-end, 3

Nearby travel times

Walk to sea
17 min
Walk to park
25 min
Walk to school
2 min
Nearest major mall
Grand Mall
Drive to mall
12 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

Radisson Residences

Batumi, Gonio-Kvariati, Saint Andrew 3rd Dead-end, 3

Price from
100,741 $
Price per m²
3,160 $ / 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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