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AI Investment Summary

Next Green is complete, although the developer's apartments are sold out. Its short route to the shoreline could make a resale unit interesting to investors seeking an existing property. Next Group has five completed projects. Payback cannot be stated responsibly without the price and condition of a particular resale apartment. Rental demand and the practical convenience of the location would need a fresh look.

Final score
SOLD OUT
60
Liquidity
60
Net yield
19.5%
Appreciation potential score
Exit score
26.1/100
ADR
70 $
Occupancy
46%
Annual net rent
7,792 $
Primary Strategy: Capital Growth

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 outConstruction status· CompletedDelivery· 2022Area 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

Nearby travel times

Walk to sea
3 min
Walk to park
36 min
Walk to school
95 min
Nearest major mall
Grand Mall
Drive to mall
19 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 Green

Batumi, Green Cape, Israphil Jincharadze St, 3

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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