Next Orange One

AI Investment Summary

Next Orange One is finished, which lets investors inspect the building and chosen unit rather than rely on a future handover. The model estimates about $4,540 a year in rent after taxes and maintenance costs. With renovation included in the investment base, simple payback is around 14.5 years. The appeal is the certainty of an existing property; the projected return calls for patience. Apartment condition and letting arrangements will shape the actual result.

63.8

Final score

63.8

Liquidity

Net yield

6.9%

Appreciation potential score

51.1/100

Exit score

46/100

Investment grade

ADR

37 $

Occupancy

61%

Annual net rent

4,538 $

Primary Strategy: Balanced

Overview

Next Orange One Key benefits: 1250m to the sea. Modern 21-storey development. Improved sound and thermal insulation. Close to aquapark and fitness clubs. Location: 13 Davit Mamuladze St, Batumi. 5 min walk to the sea, 15 min to city center. Tech: Monolithic-frame. Energy-efficient materials. Panoramic windows. Amenities: Commercial premises, children's playground, closed territory, video surveillance, concierge, intercom. Units: Studios, 1-bedroom apartments (29.1–48.6 m²). Black frame finish. Purchase terms: Interest-free installment for 15 months with 30% down. Discount for full payment.

Project details

Construction status· CompletedDelivery· 2018Area range· 29.1-48.6 m²

Finish options

Black frame

Construction technology

Monolithic frame

Utilities

ElectricityWaterSewerageGas

Elevators

Passenger

Infrastructure

Commercial areasChildren's playground

Security & Safety

Closed territoryCCTVReceptionIntercom

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

Davit Mamuladze St, 13

Nearby travel times

Walk to sea

8 min

Walk to park

14 min

Walk to school

2 min

Nearest major mall

Grand Mall

Drive to mall

1 min

Next Group

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