Next Downtown
A NEXT boutique residence of 17 apartments in Old Batumi: the historic façade has been preserved, with modern apartments inside. The project is in its final stage, with two apartments left.
- A 17-apartment boutique residence in Old Batumi.
- Historic façade, turnkey completion in December 2026.
- 20% down and 0% instalments over 7 months.
About the project
NEXT Downtown is a boutique residence of 17 apartments in a single building in Old Batumi. The developer preserved the building's historic façade and created modern premium apartments inside.
The project is in its final stage: according to NEXT, turnkey handover is in December 2026. Two apartments remain on open sale, both on the 2nd floor overlooking the courtyard — a 29.9 m² studio for $161,460 and a 40.9 m² one-bedroom apartment for $220,860.
Residents get a terrace, 24/7 concierge, reception, security, room service, laundry, a restaurant, ATM and commercial premises; the building has a Mitsubishi lift. Ceiling height is 2.75 m, and 3.35 m in the living rooms.
This is an option for those who want an almost-ready apartment in the historic centre for short-term letting to tourists: very little new housing is built in Old Batumi.
Gallery
What Next Downtown will look like
Developer renderings.
Key facts
Key information
The essentials on one screen.
City, district
Batumi, Old Batumi
Prices
from $161 460
Completion
Q4 2026
Instalments / mortgage
20% + 7 months at 0%
Residence permit
Yes — from $150,000
Finishing
turnkey / white frame — please check
Developer price list
Prices and purchase terms
Prices from the official NEXT (Next Group) price list as of November 2026 (available apartments on the NEXT website). Through Tbilicity — no mark-up.
| Type | Area | Price from | Per m² |
|---|---|---|---|
| Studio | 29.9 m² | $161 460 | from $5 400 |
| 1 bedroom | 40.9 m² | $220 860 | from $5 400 |
The price of a specific unit depends on floor, view and finishing — we'll send an exact quote via WhatsApp.
Calculator
Calculate your instalments
Tbilicity analytics
Investment potential
Old Batumi is the city's most expensive district, with steady tourist demand. Market figures for 2026:
Price per m², new buildings
Studio 29.9 m² × $10.6 per m² (lower end of Batumi rents) ≈ $317 per month, about $3,803 per year. At a price from $161,460 that's:
Gross yield on a long-term let, before expenses, taxes and vacancy. Short-term rental works out differently — we'll calculate it on request.
Sources: Galt & Taggart — Batumi market reviews 2026; NEXT — available apartments, prices and terms on next-property.com, November 2026. Forecasts are not a guarantee of returns.
Developer
NEXT (Next Group)
NEXT (Next Group) is a Batumi-based developer building in Batumi, Tbilisi and Kobuleti, with projects also in the UAE, Poland, Kenya and Spain.
In Georgia the company has already sold out Next Orange, Next Apartments, Next White and Next Green; currently under way are Radisson Blu and Wyndham Residence in Batumi, NEXT Collection, Gardens, Address, Magnolia, Tbilisi Downtown, Tbilisi Oriental and other projects. NEXT has its own NEXT Property app for managing apartments and rentals.
Location
Old Batumi: neighbourhood and amenities
Old Batumi, Batumi
Old Batumi is the city's historic centre, with 19th- and early 20th-century buildings, the Piazza, Theatre Square and the Seaside Boulevard nearby.
It is Batumi's most expensive district: there is almost no free land, new projects are rare, and tourists look for accommodation here all year round.
Ask an expertOn-site amenities
- Only 17 apartments
- Historic façade
- Terrace
- 24/7 concierge
- Room service
- Restaurant
- Mitsubishi lift
- Living rooms with 3.35 m ceilings
FAQ
Questions and answers
Answers to the most common questions.
How much does an apartment in Next Downtown cost?
According to NEXT as of November 2026, two apartments are on sale: a 29.9 m² studio for $161,460 and a 40.9 m² one-bedroom apartment for $220,860 ($5,400 per m²).
Is there an instalment plan?
Yes. 20% down payment, the balance in interest-free instalments over 7 months. We'll send the exact schedule via WhatsApp.
When will Next Downtown be completed?
According to NEXT, the project is handed over turnkey in December 2026 (the completion date previously announced was June 2026).
Can a foreigner buy an apartment, and can it be done remotely?
Yes. Foreigners buy property in Georgia on the same terms as citizens. Reservation, contract and payment can all be handled online — we support the deal from choosing the apartment to registering ownership in the Public Registry.
Is buying through an agency expensive?
No. Buying through Tbilicity is at the developer's official price list — with no markup. We select the apartment, check the documents and handle the deal through to registration.
Does buying an apartment give a residence permit in Georgia?
Since 1 March 2026, a Georgian residence permit can be obtained by buying property with a market value of at least $150,000 (assessed by an accredited valuer) — a one-year temporary permit that can be renewed. From $300,000 — a 5-year investment residence permit. At Next Downtown, even the most affordable units meet this threshold.
Free selection
We'll pick 3–5 new builds for your goal
Tell us your budget and goal — we'll send a selection with developer prices, instalment plans and yield estimates via WhatsApp or Telegram.
See also
Other new buildings in Batumi
from $3 085/m²Alliance Centropolis
- Seafront, ~50 m to the sea
- Hyatt Centric 5* hotel
- World Trade Center Batumi
from $120 670Ambassadori Island — First Tower
- 84-ha artificial island
- 216 m tower, 58 floors
- Rooftop pool and restaurant
from $59 305Club Residence
- Rooftop pool and lounge
- Underground parking
- Padel court
from $218 583HOME Townhouses
- 15 townhouses
- 146.7 m² over three levels
- 3 bedrooms and 3 bathrooms
from $221 130La Villa
- Courtyard swimming pool
- Children's playground
- Gym
from $68 490Next Address
- Opposite Black Sea Mall
- 700 m to the sea
- Pool heated to 28 °C
When you buy a new-build apartment through us
Tbilicity buyer bonuses
No down payment
You can buy an apartment with no down payment — we'll show you the options.
Renovation discount
Renovation by our own crews — at a discount for our buyers.
Special rental terms
Special terms when you rent out the apartment through our rental department.
Free property management
We manage the letting of your apartment — as a gift.
How we work
Buying a new build with Tbilicity — 6 steps
Selection
We clarify your budget and goal — living, renting out or residency — and send 3–5 suitable projects with prices.
Viewing
We show the properties in person or online by video call — you can choose without flying to Georgia.
Reservation
We lock in the unit and price with the developer. Buying through us costs the developer's price, no mark-up.
Contract
We check the developer and documents and guide you through the contract and instalment schedule.
Registration
We register your ownership with the Public Registry — remotely, by power of attorney.
After purchase
Our own renovation crews, a rental department and help with resale — we support you after the deal too.