Radisson Residences
Next Group × Radisson St Andrew the First-Called 3rd Dead End, 3 · Gonio-Kvariati
Under construction
A 26-floor tower of 576 apartments in Gonio, 20 metres from the sea, built by Next Group with the Radisson hotel brand, with an indoor pool, a spa and a casino. Completion is announced for the second quarter of 2027; apartments are sold as white frame.
- 26
- floors
- 576
- apartments
- 20
- m to the sea
- Q2 2027
- completion
Key facts
- Developer
- Next Group × Radisson
- Address
- St Andrew the First-Called 3rd Dead End, 3
- Area
- Gonio-Kvariati
- Building
- Floors: 26 · apartments: 576
- Ceiling height
- 3.0 m
- Sold as
- white frame
- Hotel brand
- Radisson
- On site
- Indoor pool, spa, gym, restaurant, bar, casino, conference room, supermarket, reception
- Cadastral code
- 05.36.24.838
Apartments and prices
| Type | Size | From | Per m² | Available |
|---|---|---|---|---|
| Studio | 32.17 m² | $155,381 | $4,830 | 2 |
| 2 rooms | 50.14–66.08 m² | $213,596 | $4,260 | 29 |
| 3 rooms | 58.42–88.53 m² | $240,690 | $4,080 | 30 |
Korter's categories: 2 rooms usually means a living room and one bedroom. Prices and availability as published by the developer on 3 Nov 2026.
Paying for it
Developer's installment plan: 20% down payment, the rest over up to 1 year.
Mortgage: listed with TBC Bank on Korter. Lari mortgages need 10% down, foreign-currency ones 30%.
Timeline
- 3 Nov 2026
Prices last updated on Korter.
- Q2 2027
Announced completion.
Before you buy
- Korter lists cadastral code 05.36.24.838. 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 to be run with Radisson: read the management contract (owner's share, costs deducted, length). A hotel-type unit rented out in the two years before a sale is taxed at 20% on the gain.
- Check what happens to the installment plan and your payments if the completion date slips.
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 — Radisson Residences: characteristics, layouts and prices (updated 3 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)
- Madloba — tax on selling an apartment (Tax Code, articles 81 and 82)
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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