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.
Overview
Project details
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Infrastructure
Parking
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.
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Radisson Residences
Batumi, Gonio-Kvariati, Saint Andrew 3rd Dead-end, 3
Financing
Bank
TBC Bank
Terms
Mortgage available; down payment from 20%
Provider
Next Group
Terms
0% installment; up to 48 months; down payment from 20%