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AI Investment Summary
74.1
Final score
74.1
100
Liquidity
100
Net yield
10.7%
Capital growth
74.6
ADR
$74
Occupancy
57%
Annual net rent
$11,586
Primary Strategy: Capital Growth

Overview

Next Address Key benefits: 700m to the sea Three towers (29-47 floors) Premium real estate in prestigious district Location: 11 Tbel Abuseridze St, Batumi. Near Heroes Alley, Dancing Fountains, House of Justice. 10 min from airport. Tech: Monolithic-frame. High seismic resistance. Panoramic windows. Amenities: Outdoor swimming pool, fitness, lounge, children's room, outdoor terrace, business center, pharmacy, restaurant, underground parking, 24/7 security. Units: Studios, 1-bedroom apartments (31–88.5 m²). White frame finish. Purchase terms: Direct payment. Customizable design.

Project details

Sales status· AvailableDelivery· 2028Area range· 31-88.5 m²

Finish options

White frame

Construction technology

Monolithic frame

Utilities

GasWaterElectricitySewerageHeating system

Elevators

Yes

Infrastructure

Business centerCommercial areasRestaurantSwimming poolFitness centerRecreational areaChildren's playgroundTerrace

Parking

Underground
Layouts
Layouts are not published for this project yet.
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
Tbel Abuseridze St, 11
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 Address

Batumi, Khimshiashvili, Tbel Abuseridze St, 11

Price from
$56,110
Price per m²
$1,810 / 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%