Next Magnolia
A NEXT residential complex near Batumi's New Boulevard: 15 residential floors, studios from $41,470 and $1,300 per m². 20% down and 0% instalments over 29 months.
- A complex by Batumi's New Boulevard, 15 residential floors.
- Studios from $41,470 — from $1,300 per m².
- 20% down and 0% instalments over 29 months.
About the project
NEXT Magnolia is a NEXT residential complex near Batumi's New Boulevard, a few minutes' drive from the centre. 15 residential floors; below are the lobby, communal areas and commercial premises, plus parking and a terrace.
On sale are studios of 31.9–38.9 m², one-bedroom apartments of 53.8–61.4 m² and two-bedroom apartments of 73.2–86.3 m². Depending on the side, windows look out over the sea, Gonio, the mountains and the Seaside Boulevard. Apartments are sold unfinished or with developer renovation.
Residents get a reception and lobby, restaurants and shops, an ATM, fitness centre, parking, security and a terrace. The frame is fibre-reinforced concrete.
This is NEXT's most affordable project in Batumi by price per m². The developer places the plot in the airport area and forecasts rental yields of 8–12% per year after completion (NEXT forecast, not a guarantee).
Gallery
What Next Magnolia will look like
Developer renderings.
Key facts
Key information
The essentials on one screen.
City, district
Batumi, New Boulevard
Prices
from $41 470
Completion
Q4 2028
Instalments / mortgage
20% + 29 months at 0%
Residence permit
For units from $150,000
Finishing
unfinished or renovated (your choice)
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 | 31.9–38.9 m² | $41 470 | from $1 300 |
| 1 bedroom | 53.8–61.4 m² | $69 940 | from $1 300 |
| 2 bedrooms | 73.2–86.3 m² | $95 160 | from $1 300 |
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
The New Boulevard is where Batumi is growing fastest. Market figures for 2026:
Price per m², new buildings
Studio 31.9 m² × $10.6 per m² (lower end of Batumi rents) ≈ $338 per month, about $4,058 per year. At a price from $41,470 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
New Boulevard: neighbourhood and amenities
New Boulevard area, Batumi
The New Boulevard is the modern part of Batumi, stretching along the sea south of the centre towards the airport. It has new residential complexes, hotels, a promenade and parks.
The area is calmer than the old centre, which is just a few minutes' drive away. Apartments here are cheaper than in Old Batumi, making the district popular with investors who let to tourists.
Ask an expertOn-site amenities
- 15 residential floors
- Lobby and reception
- Restaurants and shops
- Fitness centre
- Terrace
- Parking
- Security
- Sea and mountain views
FAQ
Questions and answers
Answers to the most common questions.
How much does an apartment in Next Magnolia cost?
According to NEXT as of November 2026, studios (31.9–38.9 m²) start from $41,470, one-bedroom apartments (53.8–61.4 m²) from $69,940 and two-bedroom (73.2–86.3 m²) from $95,160. Price per m² starts from $1,300 without renovation.
Is there an instalment plan?
Yes. 20% down payment, the balance in interest-free instalments over 29 months. For a studio from $41,470 that's about $1,150 per month. We'll send the exact schedule via WhatsApp.
When will Next Magnolia be completed?
According to NEXT, handover is in December 2028, with full turnkey completion in April 2029.
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 Magnolia, units priced above $150,000 qualify — we'll suggest options.
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.