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AI Investment Summary
58.6
Final score
58.6
60
Liquidity
60
Net yield
19.5%
Capital growth
37.9
ADR
$62
Occupancy
46%
Annual net rent
$7,792
Primary Strategy: Balanced

Overview

Next Green Key benefits: 200m to the sea. Calm and eco-friendly location near Makhinjauri. Bright facades with additional waterproofing. Concierge service 24/7. Location: 3 Israphil Jincharadze St, Makhinjauri. 5 min drive from Batumi center, 1 km from Botanical Garden and Cape Verde. Tech: 12-storey monolithic-frame. Gas silicate blocks. Double panel windows with sound insulation. Amenities: Recreational area, children's playground, swimming pool, open terrace, cafe, underground parking, 24/7 CCTV, security, reception. Units: Studios, 1-2-bedroom apartments (26.7–55.3 m²). Finishes: black frame or turnkey. Purchase terms: Installment plan without overpayments.

Project details

Sales status· Sold outArea range· 26.7-55.3 m²

Finish options

White frame

Construction technology

Monolithic frame

Utilities

GasElectricityWaterSewerageInternet

Elevators

Passenger

Infrastructure

Recreational areaChildren's playgroundSwimming poolTerraceCafe

Parking

Underground

Security & Safety

CCTVSecurityReception
Layouts
Layouts are not published for this project yet.
Location

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.

City
Batumi
District
Green Cape
Address
Israphil Jincharadze St, 3
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 Green

Batumi, Green Cape, Israphil Jincharadze St, 3

Price from
$40,000
Price per m²
$1,500 / 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%