Kobuleti Beach Resort is a presale complex of three interconnected towers that the Georgian developers NEXT and Archi present for the Black Sea coast at Kobuleti in Adjara, with studios from USD 75,500 and a handover that the developer’s page states for December 2031.

This guide reads the developer’s project page as shown on 8 November 2026 together with the announcements that the partner developer and the Adjara government have published, and it adds sourced context on Kobuleti and on buying in Georgia. Where the page prints nothing, for example unit areas, a unit total or an address, the guide says so and lists what a buyer can ask for in writing.
The developer’s page names the project in its title bar and menu as Kobuleti Beach Resort. The news items that Archi and the Government of Adjara published on 4 June 2026 call it Swissôtel Kobuleti Beach Resort, and the developer’s page does not print the hotel name. This guide uses the name of the developer’s page, which is the primary source, and attributes every statement that comes from another page.

Per the developer’s project page, the complex has three interconnected towers, a central tower and two side towers, with one underground level. The page prints three floor figures: 38 above-ground floors (twice), a tile reading 36, and a breakdown of 29 residential floors, 6 hotel floors and 2 hotel-infrastructure floors. It states 28 apartments per floor in the central tower and 22 per floor in the side towers, and it prints no unit total.
The page carries a PRESALE tag and the finish label “White Frame”. It prints no street, district, plot number, map pin or legal entity, and no area for any unit type. It also lists rental-income and growth figures. Those are marketing statements whose terms would sit in the sale documents, so this guide does not restate them.
| Kobuleti Beach Resort key facts | As printed on the developer’s page on 8 November 2026 |
|---|---|
| Location | Kobuleti, Adjara, Georgia, on the Black Sea coast; no street, district, plot number or map pin published |
| Developer and partner | NEXT (next-property.com), “Next Property”; the page names Archi as its partner developer; neither the page nor the site names a contracting legal entity |
| Status | Presale; the page reads “Handover status in Dec 2031: PRESALE” |
| Handover | December 2031 (no milestone dates printed) |
| Buildings | Three interconnected towers (central tower and two side towers); 1 underground level |
| Floors | 38 above-ground floors (printed twice); a tile reading 36; 29 residential + 6 hotel + 2 hotel-infrastructure floors |
| Apartments per floor | 28 in the central tower; 22 in each side tower |
| Units | No total printed |
| Unit types and prices | Studio USD 75,500; one-bedroom (1+1) USD 126,630; two-bedroom (2+1) USD 219,960; no areas printed |
| Payment plan | 10% first payment; 56 monthly instalments at “0%”; “From $1 213 monthly payment” |
| Finish | “White Frame”; no furnishing package printed |
| Hotel component | One tower to be managed by a hotel brand that the page does not name; 6 hotel floors |
| Tenure and title | No tenure category is given; the last purchase step on the page is the issue of a property code in the state register |
The page shows three price tiles. A studio is priced at USD 75,500, a one-bedroom apartment (1+1) at USD 126,630 and a two-bedroom apartment (2+1) at USD 219,960. The home page repeats the first figure as “Apartments from $75,500”, so the published starting price refers to the studio in the “White Frame” state. The page shows no area, no count and no availability for any type, which means that no price per square metre can be derived from it.

| Unit type | Starting price (USD) | Area | Units of this type | Finish |
|---|---|---|---|---|
| Studio | 75,500 | Not published | Not published | White Frame |
| One bedroom (1+1) | 126,630 | Not published | Not published | White Frame |
| Two bedroom (2+1) | 219,960 | Not published | Not published | White Frame |
The page does not define “White Frame”. Geostat reports offer prices of new flats in Tbilisi under the headings black, white and green frame, which shows that the market treats them as stages of finish, but its release does not define them for a sale contract and covers Tbilisi only. What the shell state contains, and what a buyer must add before moving in, belongs in the specification attached to the sale agreement.
The next table uses only the published prices. Every ratio and every instalment figure is arithmetic and not a figure that the developer publishes, and the area-based rates that a buyer would normally compare are absent because the page prints no areas.
| Kobuleti Beach Resort size and price comparison | Studio | One bedroom (1+1) | Two bedroom (2+1) |
|---|---|---|---|
| Starting price (USD) | 75,500 | 126,630 | 219,960 |
| Price relative to the studio (calculated) | 1.00 | 1.68 | 2.91 |
| Added price over the previous type (USD) | – | 51,130 | 93,330 |
| Added price over the previous type (%) | – | 67.7% | 73.7% |
| 10% first payment (USD, calculated) | 7,550 | 12,663 | 21,996 |
| Remaining 90% (USD, calculated) | 67,950 | 113,967 | 197,964 |
| Remaining 90% divided by 56 (USD, calculated) | 1,213 | 2,035 | 3,535 |
| Price in GEL at 2.5949 per USD (calculated) | 195,915 | 328,592 | 570,774 |
A one-bedroom apartment costs 1.68 times the studio (126,630 divided by 75,500), and a two-bedroom apartment costs 2.91 times the studio and 1.74 times the one-bedroom apartment. The step from the studio to the one-bedroom type adds USD 51,130, and the step from the one-bedroom to the two-bedroom type adds USD 93,330, which is 1.83 times as much. Without areas, the table cannot say whether the larger steps reflect larger rooms, higher floors or better views, and the page does not say which of these differ between the tiles.
The page’s own monthly figure is the one point where the tiles can be tested. Ninety per cent of USD 75,500 is USD 67,950, and 67,950 divided by 56 is USD 1,213.39, which agrees with the “From $1 213 monthly payment” tile. The tile therefore appears to describe the studio balance in 56 equal parts, a reading that rests on arithmetic and not on a sentence of the page. On the same basis the one-bedroom apartment would pay about USD 2,035 a month and the two-bedroom apartment about USD 3,535.
The 10% first payment is printed as “10% ($7,5k)”, and 10% of USD 75,500 is USD 7,550. The reservation deposit of USD 1,000 to 3,000 holds a unit for one week or up to one month, per the site’s purchase text. The page does not say whether the deposit counts toward the first payment, in which currency the instalments are invoiced, or whether the “0%” means that the price already contains the cost of the instalment period. Those answers belong in the payment schedule.
The site-wide text says that a 0% plan runs “from 12 and up to 45 months” depending on the project and the handover date. The 56 months on this page is the project-specific figure and is longer than that general range, so a buyer should rely on the number in the schedule of the sale agreement. The figures are as displayed on 8 November 2026 and do not constitute an offer.
Kobuleti is a coastal town in Adjara on the Black Sea. The national tourism administration’s Kobuleti page calls it a coastline city known above all as a climatic resort, says that dachas were built there in the 19th century and that Kobuleti had become a fully-fledged city by 1944. It lists road times to Kobuleti of 0:45 hours from Batumi, 2:10 hours from Kutaisi and 5:40 hours from Tbilisi.

The Adjara tourism portal Visit Ajara gives a distance: Kobuleti lies 20 kilometres from Batumi, with a 10-kilometre coastline of sand and pebbles, a coastal pine forest and a subtropical climate in which winter temperatures rarely fall below +5 °C and summer temperatures run between +25 °C and +30 °C. A second portal page on Kobuleti Beach describes the same 10-kilometre stretch of sand and pebbles beneath stone embankments, and sea temperatures of +25 to +28 degrees in summer.
These are descriptions of the town. The developer prints no street, district or map pin, writes only that the project stands on the Black Sea coast, and offers direct access to a private beach with sun beds and umbrellas. The distances in the table below therefore run from Batumi or from the town, and none of them is a distance from the building. Where two sources give different bases, both are shown.
| Nearby places and distances | What it is | Distance as published | Basis | Source |
|---|---|---|---|---|
| Batumi | Regional capital of Adjara | 20 km | Distance to Kobuleti, not to the project | Visit Ajara |
| Batumi | Regional capital of Adjara | 0:45 hours by road | Road time to Kobuleti, not to the project | georgia.travel |
| Kutaisi | City and airport in Imereti | 2:10 hours by road | Road time to Kobuleti | georgia.travel |
| Tbilisi | National capital | 5:40 hours by road | Road time to Kobuleti | georgia.travel |
| Petra Fortress, Tsikhisdziri | 6th-century fortress and museum-reserve | 23 km from Batumi | Distance from Batumi, not from Kobuleti | georgia.travel |
| Tsikhisdziri Beach | Beach in Kobuleti Municipality | 25 km from Batumi; 5 km from Kobuleti | Distances to the beach | Visit Batumi |
| Tsitsinatela entertainment centre | Amusement park named on the developer page | 12 km | Distance from Kobuleti | Visit Ajara |
| Kobuleti Nature Reserve (peat bog) | Protected area with marked paths | 2 km from the beach | Distance to the beach | georgia.travel |
| Kintrishi Protected Areas | Nature reserve (1959) and protected landscape (2007) | Not published | Area along the Kintrishi valley, 300 to 2,500 m above sea level | Visit Batumi |
| Sarpi customs point; Batumi Airport | Two of the three customs points in Adjara | Not published | No distance from the project given | georgia.travel |
| Shekvetili Parks | Named by the developer | Not published | No distance printed | Developer project page |
Three protected areas lie around Kobuleti: the Kobuleti Nature Reserve with its peat bog, the Kintrishi Protected Areas and Mtirala National Park. The Kintrishi page of the Adjara tourism portal places the Kintrishi areas in Kobuleti Municipality and gives their dates, and the municipality page of the same portal names Iveria Park, the Kobuleti History Museum and Petra among the local sights. The developer names Petra Fortress, Kintrishi National Park, Shekvetili Parks and Tsitsinatela Amusement Park without distances.
Geostat’s population release puts Adjara at 413.2 thousand people on 1 January 2026, 279.9 thousand of them in urban and 133.3 thousand in rural settlements, about 10.5% of Georgia’s 3,941.1 thousand (calculated). The preliminary 2024 census release attributes the region’s urban share of 66% to the number of people living in Batumi. Neither release gives a figure for the town of Kobuleti, so this guide states none.
Geostat’s inbound tourism statistics for 2025 count 7.8 million arrivals of international non-resident travellers in Georgia and 2.7 million visits to Adjara. Those are regional figures, and they say nothing about occupancy in a building that is not yet built. The page’s own market paragraphs speak in part of Batumi, its tourist numbers and its trade role, so this guide uses them nowhere as facts about Kobuleti.
The developer writes that Kobuleti offers more accessible prices than Batumi. This check found no published price series for apartments in Kobuleti, because Geostat’s price index covers new housing in Tbilisi, so the statement cannot be tested against an official figure. The guide on Batumi apartment prices per square metre lists the rates that can be derived for the neighbouring city.
For planning facts, the municipality’s own website, published in Georgian, lists an economic development plan, a spatial arrangement plan and a land-use master plan in its menu. A buyer can ask which land-use zone the plot belongs to and which permit covers a building of this height. The wider coastline is covered in the guide to property on Georgia’s Black Sea coast.
A presale means that sales open before construction is finished. Archi’s announcement of 2 June 2026 says that the official presentation was scheduled for 3 June and that pre-sales would begin the same day. From that day to December 2031 is about 66 months, and from the date of this check, 8 November 2026, to December 2031 it is 61 months (both calculated). The 56 monthly payments fit inside that window in more than one way.

The page does not say which reading applies, and the table below shows three.
| Reading of the 56-month plan | First instalment | Last instalment | Gap to the December 2031 handover |
|---|---|---|---|
| Instalments start the month after the 3 June 2026 presale opening | July 2026 | February 2031 | 10 months before handover |
| Instalments start in December 2026 | December 2026 | July 2031 | 5 months before handover |
| Last instalment falls in the handover month | May 2027 | December 2031 | None |
The table is arithmetic on 56 consecutive monthly payments and not a schedule. The page speaks of monthly or quarterly payments without choosing one for this project. If they were quarterly, the number of payments and their size would differ. The written payment schedule is the document that fixes the dates, the amounts and the currency of each instalment, and it should state whether any balance remains due at handover.
The partnership is described in the developer’s own words as two development companies joining forces, with a section titled as the union of two development companies and logos for Archi and NEXT. The page does not use the term joint venture and names no company, contract or share split. Archi’s news page of 2 June 2026 calls the project a joint development. Neither page states the legal form of the cooperation or which company sells the apartments.
The hotel side is where the pages differ most. The developer’s page says that a hotel brand will manage one of the towers and gives it no name. Archi’s announcement and the Government of Adjara’s news item of 4 June 2026 both name Swissôtel, and the government item adds that the project will operate under that brand and that the architectural concept comes from the Madrid office of Chapman Taylor. The government item places the investment at up to USD 300 million.
The table sets out what each kind of page states. It is a comparison of statements, and it does not say that the hotel arrangement has any particular terms, because none of the pages prints a licence, a management agreement, a term or the owners’ obligations under it.
| Topic | Developer project page | Partner and government pages |
|---|---|---|
| Name | The name carries no hotel brand | Swissôtel Kobuleti Beach Resort (Archi, 4 June 2026; Government of Adjara, 4 June 2026) |
| Companies | NEXT and Archi, “joining forces” | Archi and NEXT, “joint development” (Archi, 2 June 2026) |
| Hotel brand | A hotel brand to manage one tower; not named | Swissôtel, part of Accor, per the government item |
| Start of sales and construction | Presale tag; no date | Pre-sales from 3 June 2026 per Archi; construction start marked by a foundation capsule on 4 June 2026 per the government item |
| Buildings | Three interconnected towers; 1 underground level; 28 and 22 apartments per floor | Three buildings with a hotel, residential and investment apartments, per Archi |
| Facilities | Private beach, spa and wellness, entertainment, children’s areas, restaurants, pool bar, bar and lounge, meeting rooms, fitness centre, lobbies, 24-hour security | Indoor and outdoor pools, conference facilities, lobby, lounge, six restaurants under different brands, a casino, a 3,000 m² spa and fitness area, a wellness centre and a children’s area, per Archi |
| Handover | December 2031 | No handover date in the pages read |
| Legal entity, licence, permits | None printed | None printed |
Archi’s list adds a casino, which the developer’s page does not mention, so the two facility lists are not identical. The developer’s page also prints counts of completed and ongoing Archi projects, and Archi’s own pages give different counts in different places, so this guide leaves those counts out and keeps to the dates and the facility lists.
The floors raise a smaller question. The page prints 38 above-ground floors twice, a tile reading 36, and a breakdown that adds up to 37 (29 + 6 + 2). The breakdown does not say whether every tower has the same number of floors, or whether the 6 hotel floors sit in one tower.
Per floor the page gives 28 apartments in the central tower and 22 in each side tower, which is 72 apartments on one floor level of all three towers (calculated). Multiplied by 29 residential floors that would be 2,088, but this is not a unit count, because the page does not say that each tower has 29 residential floors.
The hotel component affects the apartments in practical ways: which floors the apartments occupy, how entrances and lifts are shared, and who pays for the hotel’s common areas. Those points are the ones the pages leave open, and the list below collects them as documents and answers to request in writing. It does not state that any of them is missing.
Foreign buyers may own apartments in Georgia. The restriction that matters concerns agricultural land: Article 4 of the Organic Law on Agricultural Land Ownership lists who may own agricultural land, and an alien may hold it there only in listed cases such as inheritance. An apartment in a residential tower is not agricultural land, but the page does not state what the plot is classed as, so the registry extract for the plot is where a buyer reads the land category and the owner.

Ownership of an immovable thing passes by a written transaction followed by registration. Article 183 of the Civil Code requires both, and Article 312 presumes that entries in the Public Registry are accurate until proved incorrect. The registry is run by the National Agency of Public Registry (NAPR), and its entries are the evidence on which a buyer, a bank and a later purchaser rely.
NAPR publishes its fees. An extract costs GEL 20 for one working day, or GEL 13 if requested online, and an English version adds GEL 26.
Under its registration fees, confirming the parties’ signatures costs GEL 7 and registering a change in the right to immovable property costs GEL 150 in four working days, GEL 270 in one working day or GEL 350 on the day of filing. At the National Bank rate of USD 1 = GEL 2.5949 on 8 November 2026, GEL 150 is about USD 58 and GEL 350 about USD 135 (calculated).
A buyer who cannot attend can sign through a representative. Georgia acceded to the Apostille Convention on 21 August 2006, and the convention entered into force for it on 14 May 2007, per the HCCH status table, so a foreign power of attorney can be legalised by apostille. NAPR also runs an online smart-contract service with a virtual meeting for registering property rights. The guides on buying from abroad and on how to buy property in Georgia describe the order of the steps.
| Step | Who | Typical time | Source |
|---|---|---|---|
| Reservation deposit | Buyer and developer | USD 1,000 to 3,000 holds a unit for one week or up to one month | Developer project page |
| Preliminary purchase agreement | Buyer and developer | Date not stated | Developer project page |
| Registry extract for the plot | Buyer through NAPR | One working day: GEL 20, or GEL 13 online; English version GEL 26 more | NAPR informational fees |
| Confirmation of signatures | Parties and NAPR | Immediately, GEL 7 | NAPR registration fees |
| Registration of future ownership | As the developer lists it | Not stated by the developer; NAPR lists GEL 150, 270 or 350 by speed | Developer project page; NAPR |
| Monthly or quarterly payments | Buyer | 56 months at “0%” per the developer | Developer project page |
| Handover | Developer | December 2031 per the developer | Developer project page |
| Ownership after completion | Buyer and registry | The developer states that the buyer becomes owner within one business day once construction is complete and payment is in full | Developer project page |
| Residence permit application, if wanted | Public Service Development Agency | Fee of GEL 300, 450 or 600, depending on whether processing takes 30, 20 or 10 calendar days | sda.gov.ge |
The residence threshold is the first rule to read against the prices, because the three starting prices sit on both sides of it. The Public Service Development Agency says that a short-term residence permit goes to an alien who holds title to immovable property, other than agricultural land, with a market value exceeding USD 150,000 equivalent in GEL, as set by a certified assessor.

The Law on the Legal Status of Aliens uses the same figure for a D5 visa. A value of exactly USD 150,000 does not exceed it, and the figure is GEL 389,235 at 2.5949.
The studio at USD 75,500 is USD 74,500 below USD 150,000.
The one-bedroom apartment at USD 126,630 is USD 23,370 below it, and the two-bedroom apartment at USD 219,960 is above USD 150,000 by USD 69,960 and below USD 300,000, the investment-permit figure, by USD 80,040. The test uses an assessor’s valuation of the finished property, which can differ from a contract price, and the page’s step “Begin your residency application process” states no threshold. See also the guide on the residence permit in Georgia.
On financing, the developer publishes its instalment plan and no mortgage arrangement. The National Bank of Georgia limits the loan-to-value ratio to 90% for lari loans and 70% for foreign-currency loans, and it sets payment-to-income limits by monthly net income: 25% on lari loans and 20% on foreign-currency loans below GEL 1,500, and 50% and 30% from GEL 1,500. Whether a bank lends against an unfinished unit to a non-resident is the bank’s decision, and the mortgage guide describes practice.
The Tax Code supplies the rules in the table. Property tax on an individual’s real estate, unfinished construction included, runs from 0.8% to 1% of market value, and family income of up to GEL 100,000 in the previous year (about USD 38,537, calculated) brings an exemption. The guide on property tax in Georgia covers the filing steps. This guide makes no statement about rental income from the complex.
| Item | Rule | Source URL |
|---|---|---|
| Property tax, individual | 0.8% to 1% of market value at the end of the previous year; exempt if family income in the previous year did not exceed GEL 100,000; return due by 1 November | Tax Code arts. 201, 202(5), 205(12), 206(1)(a): matsne.gov.ge/en/document/view/1043717; rs.ge/PropertyTax |
| Residential rent | Individuals who claim no deductions pay 5% of the rent; with deductions the general 20% rate applies | Tax Code art. 81(1)-(2): matsne.gov.ge/en/document/view/1043717 |
| Short-stay letting of owned living space | Until 1 January 2028, on application, a fixed GEL 10 per m² per calendar month, under the conditions of the Code | Tax Code art. 309(24)-(28): matsne.gov.ge/en/document/view/1043717 |
| Sale by an individual | Surplus on a residential apartment taxed at 5%; surplus from an apartment owned for more than two years exempt | Tax Code arts. 81(3), 82(1)(f.a): matsne.gov.ge/en/document/view/1043717 |
| Short-term residence permit | Title to non-agricultural property with a market value exceeding USD 150,000 equivalent in GEL (GEL 389,235 at 2.5949), set by an accredited assessor | sda.gov.ge; Law on the Legal Status of Aliens |
| Investment residence permit | Investment permit: title to property other than agricultural land valued above USD 300,000 equivalent in GEL | sda.gov.ge |
| Mortgage limits | Loan-to-value 90% (lari) and 70% (foreign currency); payment-to-income 25% and 50% (lari), 20% and 30% (foreign currency), by income band | nbg.gov.ge |
| Exchange rate used | USD 1 = GEL 2.5949, official rate on the National Bank page dated 8 November 2026 | nbg.gov.ge |
The developer’s purchase steps and the registry rules point to one set of papers, which a buyer can have ready before the first payment.
The table below covers all 13 NEXT projects on this site, with the figures that each project page of the developer prints. Prices are the developer’s “from” figures for the unit type shown, with the finish stated on each page, so the columns do not share one basis: the Kobuleti figure is a studio in the “White Frame” state, the Gonio figures are fully furnished studios, and several Tbilisi figures include renovation.

| Project | City | Status and handover | Unit types | Published starting price |
|---|---|---|---|---|
| Kobuleti Beach Resort (this page) | Kobuleti | Presale; December 2031 | Studio, 1+1, 2+1 | USD 75,500 (studio, White Frame) |
| NEXT Address | Batumi (centre) | Ongoing; December 2028 | Studio, 1+1, 2+1 | USD 68,000 (studio, without renovation) |
| NEXT Gardens | Batumi (Kvariati) | Ongoing; December 2027 | Studio, 1+1, 2+1, penthouses | USD 65,000 (studio, mountain view, without renovation) |
| NEXT Magnolia | Batumi (near New Boulevard) | Ongoing; December 2028 | Studio, 1+1, 2+1 | USD 49,000 (studio, without renovation) |
| NEXT Collection | Batumi (Green Cape) | Ongoing; 50% milestone in June 2028, no handover month printed | Studio, 1+1, 2+1, 3+1 | USD 80,000 (studio, without renovation) |
| NEXT DownTown | Batumi (Old Batumi) | June 2026 on the page | Studio, 1+1, 2+1 | USD 161,460 (studio, white box) |
| Radisson Blu Apartments Gonio | Batumi (Gonio) | Ongoing; May 2027 | Studio, 1+1, Front LUX 1+1, 2+1 | USD 149,500 (studio, fully furnished) |
| Wyndham Residence Gonio | Batumi (Gonio) | Ongoing; December 2026 | Studio, 1+1, Front Lux 1+1, duplex | USD 151,200 (studio, fully furnished) |
| NEXT Cinema City Tbilisi | Tbilisi | Presale; December 2029 | Petite Studio plus three Maison types | USD 206,000 (Petite Studio, with renovation) |
| NEU Tbilisi | Tbilisi | Presale; December 2029 | Studio, 1BD, 2BD, 3BD | USD 153,120 (studio, with renovation) |
| NEXT Oriental Tbilisi | Tbilisi (Ortachala) | Ongoing; December 2028 | Studio, 1+1, 2+1 | USD 95,160 (studio) |
| Tbilisi DownTown | Tbilisi (Avlabari) | Ongoing; September 2027 | 1+1, 2+1, 3+1 | USD 157,680 (1+1) |
| NEXT Coral Dubai Islands | Dubai (Dubai Islands) | Ongoing; December 2027 | 1+1, 1+1 with study, 2+1, 3+1 | USD 573,449 (1+1, 80 m², with renovation) |
Two details stand out for this project. Its handover date is the latest of the 13 rows, about five years after the date of this check, while the next latest, the two Tbilisi presales, state December 2029. Its starting price of USD 75,500 has three lower and nine higher starting prices around it in the table, though the unit types and finish labels differ, so the prices are not like-for-like.
For context, two other branded or hotel-managed listings on this site are Novotel Living in Batumi and Wyndham Gonio Aqua, and the Tbilisi project Mira Verde Tbilisi is a different product in another city. None of these is better or worse than another, and each page publishes its own basis for status and price. The Georgia country page, the Kobuleti city page and the Batumi city page list the rest of the Georgian portfolio, and the off-plan guide explains how presales work.
On its about page, NEXT calls itself an international developer from Georgia. It says it was founded in Batumi by Kakha Devadze and lists projects in Georgia, the United Arab Emirates, Kenya, Spain and Zanzibar. A figures block on the home page reads “8 years” next to the label real estate development. The site names offices in Batumi, Tbilisi, Dubai and Warsaw, with Tatu City in Kenya, and it writes the company name as NEXT, NEXT Group or Next Property.
The timeline on the about page opens in 2018 with NEXT Apartments, NEXT Green and NEXT White. For 2020 it records the launch of NEXT Hotels and Villa Park and presents Wyndham Residences as the company’s first partnership with a global hotel brand. The 2021 entry names Radisson Blu Residences and NEXT Collection, the 2022 entry names NEXT Address, NEXT Coral and NEXT Gardens, and later entries cover NEXT Amani in Kenya, NEXT Oriental and Villa Perla in Spain.
Two hotel groups are named as partners on the about page, Radisson Hotel Group and Wyndham Hotels and Resorts, and the page names no hotel brand for the Kobuleti project, which is the reason the brand in this guide comes from the partner developer’s and the government’s announcements. The home page lists NEXT Orange, White, Apartments, Green and Villa Park as sold out, and the site publishes no figure for units delivered.
Everything in this section is the developer’s own account, read on 8 November 2026, and no company register was consulted. The awards and project totals that the pages mention are omitted, since most of them name no awarding body, year or category.
It is a complex of three interconnected towers planned at Kobuleti on the Adjara coast, presented by NEXT with Archi and sold in a presale with a handover stated for December 2031. The developer’s page lists studios, one-bedroom and two-bedroom apartments in the “White Frame” state and says that a hotel brand will manage one tower. It prints no address, unit total, unit area or legal entity, so those details have to come from the sale documents.
The developer places it in the city of Kobuleti on Georgia’s Black Sea coast, near Batumi, and prints no street or map pin. Visit Ajara puts Kobuleti 20 kilometres from Batumi, and georgia.travel gives 0:45 hours by road. Both figures describe the town. The distance from the building to the sea, the town centre or the Batumi road cannot be read from the page and needs the plot location from the registry extract.
The page shows USD 75,500 for a studio, USD 126,630 for a one-bedroom apartment and USD 219,960 for a two-bedroom apartment, all in the “White Frame” state, as seen on 8 November 2026. No areas, unit counts or availability are printed, so a price per square metre cannot be calculated. The figures are not an offer, and the reservation deposit of USD 1,000 to 3,000 holds a unit for one week to one month.
The page states “Handover status in Dec 2031: PRESALE”. The plan consists of a 10% first payment and 56 monthly instalments at “0%”, with the monthly tile reading “From $1 213”. That tile equals 90% of the USD 75,500 studio divided by 56 (calculated). The page does not give the first instalment date, so the end date of the plan relative to the handover is a question for the written schedule.
The developer’s page says that a hotel brand will manage one tower and does not name it. The news items of Archi and the Government of Adjara, both dated 4 June 2026, name Swissôtel. None of the pages states a licence, an operator company, a term or the owners’ obligations, so the scope of the brand for apartment owners, and any service charge, should be requested in writing before signing.
Georgian law restricts foreign ownership of agricultural land under the Organic Law on Agricultural Land Ownership, and an apartment is not agricultural land. Ownership passes by a written transaction and registration of the buyer’s right in the Public Registry, run by NAPR. The developer’s page does not state the tenure of the plot, so a registry extract for the plot is the way to confirm the owner and any burden.
The agency issues a short-term residence permit for non-agricultural property with a market value exceeding USD 150,000 equivalent in GEL, set by an accredited assessor. The published studio and one-bedroom prices are below that figure, and the two-bedroom price is above it and below USD 300,000, the investment-permit figure. The assessor’s valuation of the finished property decides, not the contract price.
Under the Tax Code, an individual pays property tax of 0.8% to 1% of market value, unless family income in the previous year stayed within GEL 100,000. Residential rent is taxed at 5% without deductions, a fixed regime for short-stay letting runs until 1 January 2028, and a sale surplus is taxed at 5% unless the apartment was owned for more than two years.
The page lists rental-income and growth figures, and they are marketing statements of the developer. Their terms would belong in the sale documents, and this guide does not restate them. The Tax Code rules above apply to any rental income of an individual, and the page states no rental programme with enforceable terms.
It is the only NEXT project on this site in Kobuleti, and it has the latest handover of the 13, December 2031, with a 56-month plan. Its page prints no areas or unit total, while the Gonio projects print both. The Batumi and Tbilisi pages carry their own finish labels and dates, and the comparison table above shows each project’s basis.
Last checked: 8 November 2026. Sources:
This is not legal, tax or financial advice.
