Next Downtown
Next Group Revaz Komakhidze St, 1 · Old Batumi
Completed
A small, completed residence of 17 apartments on three floors, 150 metres from the sea in Old Batumi, built by Next Group. It is the most expensive project on our list, at $5,400 per m².
- 3
- floors
- 17
- apartments
- 150
- m to the sea
- Q4 2025
- completion
Key facts
- Developer
- Next Group
- Address
- Revaz Komakhidze St, 1
- Area
- Old Batumi
- Building
- Floors: 3 · apartments: 17
- Ceiling height
- 3.23 m
- Sold as
- white frame, finished
- On site
- Terrace
- Cadastral code
- 05.21.48.012
Apartments and prices
| Type | Size | From | Per m² | Available |
|---|---|---|---|---|
| Studio | 29.9 m² | $161,460 | $5,400 | 2 |
| 2 rooms | 40.9 m² | $220,860 | $5,400 | 1 |
Korter's categories: 2 rooms usually means a living room and one bedroom. Prices and availability as published by the developer on 5 Nov 2026.
Paying for it
Developer's installment plan: 20% down payment, the rest over up to 7 months.
Mortgage: listed with TBC Bank on Korter. Lari mortgages need 10% down, foreign-currency ones 30%.
Timeline
- Q4 2025
Building completed.
- 5 Nov 2026
Prices last updated on Korter.
Before you buy
- Korter lists cadastral code 05.21.48.012. Ask the developer for the extract from the public registry (NAPR) and the building permit, and check that they match the plot and the building you are buying in.
- Apartments are sold as white frame: budget the finishing work and ask in writing what the price includes.
- The building is completed: visit the apartment and check the ownership registration before paying.
Developer
Other projects by Next Group on BatumiBuyRent:
BatumiBuyRent is independent: we are not paid by developers and we do not sell these apartments.
Sources
Checked against the sources below in November 2026.
- Korter — Next Downtown: characteristics, layouts and prices (updated 5 Nov 2026; read 15 Nov 2026)
- Galt & Taggart via InternationalInvestment — average price and sales by area, January–August 2026 (9 Nov 2026)
- National Bank of Georgia — PTI and LTV requirements (down payment rules)
This guide is general information, not legal or tax advice. Rules and fees change: confirm your case with a lawyer or accountant in Georgia.
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