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AI Investment Summary

Villa Park is complete, but the developer's units are sold out. Its Green Cape setting and walk to the shore could still appeal to a resale buyer. Next Group has five completed projects. A meaningful return estimate needs the asking price of a particular apartment, so there is no reliable payback figure to quote here. For any resale unit, its condition, running costs and likely rental demand deserve a fresh assessment.

Final score
SOLD OUT
60
Liquidity
60
Net yield
3.4%
Appreciation potential score
Exit score
26.1/100
ADR
120 $
Occupancy
46%
Annual net rent
7,792 $
Primary Strategy: Capital Growth

Overview

Villa Park Key benefits: 250m to the sea. Private villas with individual pools. Premium residential project. Landscaped grounds with mini-park. Location: 22 Ksenia Bakhtadze St, Chakvi. Near Batumi Botanical Garden and Dreamland Oasis, 20 min from Batumi center, 35 min from airport. Tech: 2-storey monolithic-frame villas. Aerated concrete walls. Floor-to-ceiling panoramic windows. Natural stone facades. Amenities: Private pool at each villa, shared outdoor pool, landscaped courtyard, BBQ area, picnic area, green walking paths, private driveway, parking, 24/7 security, perimeter cameras, natural hedges for privacy. Units: 2-bedroom, 2-storey villas (145.4 m², total 227-307 m² with plots). Ceilings 3m. Finishes: green frame or turnkey with designer renovation. Purchase terms: Property management for short or long-term rental.

Project details

Sales status· Sold outConstruction status· CompletedDelivery· 2023Area range· 145.4-145.4 m²

Finish options

Green frameTurnkey

Construction technology

Monolithic frame

Utilities

GasWaterElectricitySewerageInternet

Infrastructure

Recreational areaSwimming poolLandscaped yard

Parking

Ground levelParking Spaces

Security & Safety

Security
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
Ksenia Bakhtadze St, 22

Nearby travel times

Walk to sea
8 min
Walk to park
54 min
Walk to school
226 min
Nearest major mall
Grand Mall
Drive to mall
11 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

Villa Park

Batumi, Green Cape, Ksenia Bakhtadze St, 22

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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