NEXT DownTown Batumi: Old Batumi Homes Guide (2026)

NEXT DownTown Batumi is a 17-apartment building in Old Batumi, Georgia, from the developer NEXT, with studios, one-bedroom and two-bedroom apartments sold as white box around a retained historic facade, and a handover that the developer’s page prints as June 2026.

This guide reads the developer’s project page as shown on 8 November 2026: a studio from USD 161,460, a 20% first payment, seven monthly instalments at 0% and a list of building services without a named operator. It adds sourced context on Old Batumi and on buying in Georgia, and it marks each point where the page gives two values or none.

Overview of NEXT DownTown Batumi

NEXT DownTown Batumi appears on the developer’s site under the spellings NEXT Downtown, Next DownTown and Batumi DownTown. The project page places it in Old Batumi and describes a small building that keeps a historic facade and adds modern interiors. It counts 17 apartments in one block, served by one elevator that the page calls Mitsubishi-branded.

The page lists three apartment types: studio, one-bedroom (1+1) and two-bedroom (2+1). Prices are printed in dollars for one state of finish, white box. The page does not print a floor count, a street address or a map. Those details come with the reservation paperwork, and the checklist in section 6 lists them as items to request.

The developer’s home page shows Batumi DownTown in its block of completed projects with a label of 70% sold, while the project page prints a June 2026 handover and a turnkey completion in December 2026. Section 4 sets those statements side by side. The project page also carries income and price-growth projections. It does not state their basis or terms, so this guide does not repeat them.

Every figure below is per the developer, from the project page seen on 8 November 2026, unless a primary source is named. Figures marked as calculated are arithmetic on those published numbers, with the working shown.

Unit types, sizes and prices

The project page gives apartment sizes in two places, and the two do not use the same figures. The layout cards show the area of each plan, with a “from” price for the smallest version of the type and an “up to” price for the largest. A separate list titled “Size of units per type” gives its own ranges. The first table prints both sets as published, without choosing between them.

The second table turns the card figures into a price per square metre. It is calculated from the developer’s figures: the “from” price divided by the smaller card area, and the “up to” price divided by the larger card area. The last two columns compare each type with the studio.

The table shows a regular price list. The studio and the smallest one-bedroom apartment both work out at USD 5,400 per square metre, and the largest one-bedroom and two-bedroom plans both work out at USD 5,900. Only the smallest two-bedroom plan, at USD 6,000, sits above that band. The one-bedroom “from” price is 1.37 times the studio price for 1.37 times the area, so the first two types are priced on the same rate.

The page does not say what separates a unit at USD 5,400 from one at USD 5,900 in the same building. Floor, orientation, terrace size and view are the usual drivers of such a spread, but the page names none of them, and it gives no floor count. A reader comparing two units should ask the developer for the price list by unit number.

For context, the guide on Batumi apartment prices per square metre cites Galt and Taggart for average prices above USD 3,000 per square metre in Old Batumi. The rates above come from a white-box price list for the units of one small building, so they describe that list and not a market average. The two numbers measure different things and are shown here only so that the reader can see both.

At the National Bank of Georgia rate shown for 8 November 2026, USD 1 = GEL 2.5949, the studio “from” price is about GEL 418,973, the one-bedroom “from” price about GEL 573,110 and the two-bedroom “from” price about GEL 1,080,516 (calculated). Contracts are quoted in dollars on the project page; the currency of each instalment is a contract term to confirm.

The developer’s payment calculator for the studio prints a first payment of USD 32,292, which is 20% of USD 161,460, and a monthly payment of USD 18,453 over 7 months. The remainder of USD 129,168 divided by 7 is USD 18,452.57, so the page rounds up. The third table applies the same formula to the other “from” and “up to” prices. The page prints the calculator result for the studio only; the other rows are calculated and are not developer figures.

The page states that its instalment plans are 0% and may run monthly or quarterly, and elsewhere says plans of 12 to 45 months exist depending on project and handover date. For this project the page shows 7 months. It lists no separate handover payment and no milestone dates, so the seven instalments plus the first payment make up the whole price on the page’s own arithmetic: 32,292 plus 7 times 18,453 is USD 161,463, three dollars above the price because of rounding.

Location of NEXT DownTown Batumi: Old Batumi

The developer states the location as Old Batumi and nothing more precise: the page prints no street, no map and no distances to the sea, the port or the airport. Because of that, this section describes the district from official and statistical sources and does not place the building at any particular point inside it.

Georgia Travel, the national tourism administration’s site, describes the district of Old Batumi on its Old Batumi page. It says the district runs from the port to Nuri Lake, bounded by Iakob Gogebashvili and Petre Melikishvili streets, and extends south from the city’s main boulevard to Ilia Chavchavadze Street. Whether the building stands inside that area is for the developer to confirm in writing; the page only says “Old Batumi”.

The same page gives the district’s history. Batumi grew around its harbour, passed to the Russian Empire in 1878 and gained a railway and an oil pipeline in the following decades. A city garden was planted beside Nuri Lake in the 1880s, and a boulevard began to be built along the coast. Memed Abashidze Street became the main axis of the historical part of the city in the early twentieth century.

Today, according to the tourism administration, the old town is the modern centre of Batumi, with public buildings, museums, theatres, cinemas, hotels, cafes and restaurants beside old and new housing, and with the lower station of the ropeway to Anuria Mountain. The page adds that urban change and the growth of tourism since the 2010s have somewhat damaged the architectural heritage of the district, although a network of streets and distinctive buildings has survived.

For the wider city, Geostat publishes figures that put the setting in numbers. Its population release gives the Adjara Autonomous Republic 413.2 thousand people on 1 January 2026, of 3,941.1 thousand in Georgia, which is about 10.5% (calculated). Its regional page for Batumi municipality lists an area of 82.3 km² and 246.3 thousand people as shown on 8 November 2026, a density of about 2,993 people per km² (calculated).

Tourism is the usual reason buyers look at Batumi. Geostat’s inbound tourism statistics for 2025 count 7.8 million arrivals of international non-resident travellers in Georgia, 5.9% above 2024, and 5.8 million international visitors, 7.0% above 2024. These are national figures; the release does not split them by city, so they say nothing about Old Batumi on its own. The developer’s own page quotes a tourist number for Batumi without a source, and this guide does not repeat it.

Other parts of Batumi are different markets. The guide on Black Sea coast property in Georgia separates the city, the New Boulevard area and the Gonio and Kvariati coast to the south, and the Batumi city page lists the projects on this site by area. For a central comparison, the listing Mardi City Center is described there as central Batumi within walking distance of the Boulevard.

Geostat’s release also splits Adjara into 279.9 thousand urban and 133.3 thousand rural residents, so about 67.7% live in towns and cities (calculated). The Batumi municipality figure of 246.3 thousand is the larger part of that urban total, although the two Geostat pages may not share a reference date. A district as small as Old Batumi has no separate figure in these releases, which is another reason to treat the developer’s one-word location as the starting point of a check and not the end of it.

The location questions a buyer can settle on paper are the plot’s cadastral code, its registered owner and the real distances to the sea, the port and everyday services. A Public Registry extract for the land shows the cadastral code, the registered owner and any recorded mortgage or restriction, as the guide on off-plan property describes, and a site visit with the developer’s representative settles the walking distances.

Because the building keeps a historic facade, one more point belongs under location. The Law of Georgia on Cultural Heritage on matsne.gov.ge sets a permit as the legal basis for treatment of a cultural property (Article 47), with the owner or an authorised person as applicant, and defines a physical-security perimeter around an immovable cultural property of twice its height, never less than a 50-metre radius (Article 36).

The developer’s page says the facade is kept and the historic wall restored. It does not say whether either holds cultural-heritage status, which a buyer can ask for in writing.

Completion status and the white-box finish

This is the part of the project that differs most from its sibling listings. The project is a small building whose handover date has already passed on the developer’s own calendar, and it is sold as white box, so a buyer faces two practical questions: what stage the building has reached, and what must be done inside the apartment after handover.

On status, the developer’s pages carry several statements. The hero block of the project page shows “JUNE 2026” next to the word handover. A label beside the finish says “Handover status in June 2026” with “White box”. A later block says the project “will be fully completed turnkey in December 2026”.

The home page lists Batumi DownTown among completed projects with a label of 70% sold, and the card list of projects “under construction in Georgia”, repeated on the project page and other pages, includes NEXT Downtown with “Apartments from $161,460”.

These statements can all describe real milestones of one building: a handover date for the shell, a later date for interior completion, and a sales label for a project that is partly sold. The pages do not link them to each other, and no commissioning act, permit number or inspection date is printed. A buyer therefore needs the status in writing, which is the normal step for any building at this stage.

In Georgia the legal stages are separate. A building is operated only after it is recognised as suitable for commissioning under the Construction Code, a unit is registered as a separate object after the building is registered, and the buyer’s ownership right arises on registration in the Public Registry (Civil Code, Article 183). The guide on off-plan property in Batumi walks through those stages with the article numbers. A “handover” in a sales brochure is a contract event, and the contract defines what it covers.

The page says the buyer becomes the official owner within one business day after construction is completed and full payment is made. That sentence ties the registration step to two conditions, completion and full payment. With seven instalments and a first payment, the page’s own plan reaches full payment at the end of month seven from the start date; the page does not give a start date.

On the finish, the price list is for white box. The page does not define the term. The same page says each residence has “functional living areas and fully equipped kitchens”, and its renders show furnished interiors. The prices on the page apply to the white-box state, so the description of kitchens and the renders should be matched to a written specification before the contract is signed.

Elsewhere on the developer’s site there are two renovation packages that the project’s own enquiry form offers for Batumi DownTown. The home page states that packages start from USD 650 per square metre, covering finishes, plumbing and electrical works, and that a turnkey package with furnishing, appliances and decor starts from USD 900 per square metre. The page does not state the area on which those rates are charged or whether they apply to units here. The table applies them to the card areas as a calculated illustration only.

Added to the unit price, those amounts would change the total outlay, which is why the specification matters. If fit-out is done by the owner rather than the developer, the work happens in an operating building with shared areas, a restored historic wall and one elevator, so access hours, deliveries and works rules are building-management questions that the page does not answer.

The technical points on the page are limited to what it lists: a central heating system, low-emissivity glass, window profiles with ventilation channels, Schuco aluminium windows and doors, aluminium composite facade panels, and a design-build partner named SPECTRUM. Ceiling heights are printed twice. A list shows 2.75 metres for the apartment and 3.35 metres for the living room, while a text block says the architectural ceiling height is 3.2 metres in all apartments. Measured heights belong in the handover protocol.

The building services need the same kind of precision. The page lists a 24/7 concierge, security, reception, room service, laundry and an express bank, but names no provider and no charging model, and it mentions a property-management app called NEXT Property. Who pays for each service, and whether the restaurant and commercial spaces are operated by the developer or by tenants, is a service-charge question for the contract.

The checklist below turns this section into questions to put to the developer before signing. It is a process list, not a statement about this project.

1. The current status of the building in writing, with the commissioning act or the expected date of it.
2. The handover date in the contract, and the difference, if any, between shell handover and interior completion.
3. A written white-box specification: walls, floors, ceilings, electrical points, plumbing points, kitchen and bathroom state.
4. The ceiling height to be measured at handover, given that the page prints 2.75, 3.2 and 3.35 metres.
5. The price list by unit number, floor and orientation, to explain the spread between USD 5,400 and USD 6,000 per square metre.
6. The terms and price of the renovation or turnkey package, and the area on which they are charged.
7. The service list with provider, charging model and service-charge schedule for the first year.
8. A Public Registry extract showing the building or the unit, and the date from which the unit can be registered in the buyer’s name.

Buying in Georgia in brief

Start with the cost lines, because they are fixed by published fee tables. The National Agency of Public Registry (NAPR) lists registration of a change in the right to immovable property at GEL 150 in four working days, GEL 270 in one working day and GEL 350 on the day of filing, on its immovable property registration fee page. At USD 1 = GEL 2.5949 that is about USD 58, 104 and 135.

The same page lists confirmation of the parties’ signatures on a transaction submitted for registration at GEL 7, done immediately. On the informational services fee page, a registry extract is GEL 20 in one working day, GEL 13 if ordered online, GEL 75 on the day of filing and GEL 52 online on the day, with GEL 26 more for an English-language extract.

Registration can be done remotely. NAPR’s smart-contract service states that immovable property rights can be registered online, with a virtual meeting booked in advance. A buyer who signs abroad may need foreign documents recognised in Georgia; Georgia is a party to the Hague Apostille Convention, in force for it since 14 May 2007 per the HCCH status table.

The legal rule behind the steps is in the Civil Code on matsne.gov.ge. Article 183 requires a written transaction and registration of the acquirer’s ownership right in the Public Registry. Article 311-1 requires authentication of the transaction or the signatures, and says no separate authentication is needed when the parties sign in the registration authority before an authorised person.

Foreign buyers are not excluded from apartments. The Organic Law on Agricultural Land Ownership, in Article 4, restricts agricultural land to the state, Georgian citizens and certain Georgian entities, and an apartment in a city building is not agricultural land. The guides on whether foreigners can buy property in Georgia and buying from abroad describe the practice.

The developer describes its own route in three steps. The buyer signs a preliminary purchase agreement and becomes a future owner, registers the future ownership with the Public Registry, and pays a deposit of USD 1,000 to 3,000 to hold a unit. Payments follow monthly or quarterly, and the buyer tracks construction through updates and live cameras. The table lines those steps up with the official ones.

Taxes, residence and financing for a foreign buyer

Residence rules come first, because every printed price is close to the relevant threshold. The Public Service Development Agency’s residence permit page and Article 15(j) of the Law on the Legal Status of Aliens and Stateless Persons describe a short-term residence permit for an alien who has the property right to an immovable thing in Georgia, other than agricultural land, with a market value exceeding USD 150,000 equivalent in GEL. The value is set by a certified assessor of an accredited body.

Every apartment price printed for NEXT DownTown Batumi is at or above USD 150,000: the studio starts at USD 161,460, which is USD 11,460 above the figure. The test, however, uses the assessor’s market value of the registered property and not the contract price, and the documents listed on the agency page include a document of title.

The permit is extended one year at a time and ends when the property right ends (Articles 16 and 21 of the law). The developer’s page says a residence permit can be obtained through the purchase; the official rule decides.

Income from letting comes next. Article 81(2) of the Tax Code taxes rent from residential space at 5% for an individual who makes no deductions, and the general rate is 20% (Article 81(1)). The guide on short-term rental in Batumi covers letting practice. On a sale, Article 81(3) taxes the surplus at 5%, while Article 82(1)(f.a) exempts surplus from a residential apartment owned for more than two years.

Property tax is annual. Article 202(5) sets 0.8% to 1% of market value at the end of the previous year, Article 206(1)(a) exempts a family whose income in the previous year did not exceed GEL 100,000, about USD 38,537 at GEL 2.5949, and Article 201(1)(c.a) includes unfinished construction owned by a natural person. The Revenue Service gives the dates: return by 1 November and payment by 15 November. The guide on property tax in Georgia adds the details.

On financing, the developer’s page shows no mortgage arrangement for this project; its offer is the 0% instalment plan. The National Bank of Georgia sets loan-to-value limits of 90% for lari loans and 70% for foreign-currency loans, and payment-to-income limits, on its PTI and LTV page. Whether a bank lends to a non-resident against a unit is each bank’s policy; the mortgage guide covers practice.

What to prepare when reserving

The developer’s three-step route and the registry rules point to one set of documents, and a buyer can have them ready before the deposit.

1. The reservation form, a passport copy and the deposit receipt (USD 1,000 to 3,000 per the developer).
2. The preliminary purchase agreement, stating the unit, its area, the price, the finish specification and the handover date.
3. The payment schedule with amounts, dates, currency and the confirmation statement the developer issues after each payment.
4. A Public Registry extract for the building or land and, once registered, for the unit.
5. The commissioning act or a written statement of the building’s status.
6. Written escrow or payment-account details for each instalment.
7. The service list, service-charge schedule and the terms of any renovation package.
8. The contracting entity’s full legal name and registration details; the developer’s site does not name the entity.

How NEXT DownTown Batumi compares with the other NEXT projects

The table lists all 13 NEXT projects on this site, with figures as printed on each developer page. The project in this guide has 17 apartments. The unit counts printed on the other developer pages are higher: 765 for NEXT Collection, 576 on each of the Radisson Blu and Wyndham pages, 200 for NEXT Cinema City Tbilisi, 199 for NEU Tbilisi and 80 for NEXT Coral. It is also the only project in the table whose printed handover date has already passed.

The starting prices are not comparable like for like. Some projects print a studio with renovation, one prints a one-bedroom, and Coral prints a one-bedroom of 80 m² in dollars at a Dubai location. A lower or higher price reflects the size, location, finish and stage of each project, and none of the rows is ranked above another.

For context outside the NEXT range, the Tbilisi listing Mira Verde Tbilisi is priced in dirhams by a different developer, and the Batumi listing Mardi City Center is another central project with its own terms. Market. Market background is in the guides on Tbilisi real estate prices and the Georgia country page, and the Tbilisi city page lists the capital’s projects.

NEXT (developer)

The developer of this project presents itself as NEXT, also written NEXT Group and Next Property, a Georgian-founded company. The About page names Kakha Devadze as founder and says the company started in Batumi. A counter on the home page reads 8 years in real estate development, and the label pairing is inferred from the layout of that block.

The About page timeline begins in 2018 with NEXT Apartments, NEXT Green and NEXT White, and the home page card catalogue shows NEXT Orange, NEXT White, NEXT Apartments, NEXT Green and Villa Park as sold out. The current project list covers Georgia, the United Arab Emirates (NEXT Coral on Dubai Islands), Spain (Villa Perla in Marbella) and Kenya (NEXT Amani at Tatu City).

Offices are listed in Batumi (Kostava Street and Luka Asatiani Street), Tbilisi, Dubai, Warsaw and Tatu City in Kenya. The site names Radisson Hotel Group and Wyndham Hotels and Resorts as partners for the two Gonio projects, and it names SPECTRUM as the design-build firm on several projects including this one.

The site also offers a mobile application called NEXT Property for payments and booking management, and publishes live cameras for construction. This guide does not repeat the awards, return figures or sales counts on the developer’s pages, because none comes with the body, year or method behind it. The developer’s contact details are on its own site.

Frequently asked questions

What is NEXT DownTown Batumi?

The building is a 17-apartment block in Old Batumi from the developer NEXT. The project page lists studios, one-bedroom and two-bedroom apartments, all priced as white box, in one block with one elevator. The page keeps a historic facade, adds a rooftop terrace and lists a restaurant and commercial spaces, a concierge, security and other services without naming an operator. Prices start at USD 161,460 for a studio, and the first payment is 20% with seven monthly instalments at 0%.

Where is NEXT DownTown Batumi and on which street?

The developer says Old Batumi and gives no street, map or distances. Georgia Travel describes Old Batumi as the district from the port to Nuri Lake, bounded by Gogebashvili and Melikishvili streets, and running south from the boulevard to Chavchavadze Street. Whether the building stands in that exact area is for the developer to confirm in writing, together with the registry cadastral code of the plot, which a Public Registry extract shows.

What prices does the developer publish for NEXT DownTown Batumi?

The layout cards show a studio of 29.9 m² from USD 161,460 up to USD 164,450, one-bedroom apartments of 40.9 to 56.4 m² from USD 220,860 up to USD 332,760, and two-bedroom apartments of 69.4 to 87.3 m² from USD 416,400 up to USD 515,070. Calculated from those figures, the rate is USD 5,400 to 6,000 per square metre. All prices are for white box as seen on 8 November 2026 and are not offers.

Is the building finished?

The page prints a handover of June 2026 and, in another block, a turnkey completion in December 2026, while the home page lists Batumi DownTown among completed projects at 70% sold and a card list shows it as under construction. These statements are not tied to a commissioning act or an inspection date. A buyer can ask for the building’s status, and the date of the commissioning act, in writing before reserving.

How does the seven-month instalment plan work?

The developer’s calculator for the studio shows a first payment of USD 32,292, which is 20% of USD 161,460, then 7 monthly payments of USD 18,453 at 0%. The same formula gives USD 25,241 a month for the cheapest one-bedroom and USD 47,589 for the cheapest two-bedroom (calculated). The page gives no start date and no separate handover payment, so the schedule and the currency of each payment belong in the contract.

What does white box mean for the buyer?

The page uses the label for its prices and does not define it. The page also describes fully equipped kitchens, so the specification, room by room, should be written into the contract and compared with the renders at handover. The developer’s home page offers renovation from USD 650 per square metre and a turnkey package from USD 900, which gives USD 19,435 and USD 26,910 for 29.9 m² (calculated).

Can a foreign buyer own an apartment in Old Batumi?

Yes. Georgian law restricts agricultural land, not apartments. Article 183 of the Civil Code requires a written transaction and registration of the acquirer’s ownership right in the Public Registry, and the registration can be done online through a virtual meeting with NAPR. Documents signed abroad may need an apostille, since Georgia is a party to the Hague Apostille Convention. The registration fee runs from GEL 150 to GEL 350, depending on speed.

Does an apartment here qualify for a residence permit?

The short-term residence permit rule refers to property other than agricultural land with a market value exceeding USD 150,000 equivalent in GEL, set by a certified assessor. Every printed price here is at or above that figure, but the test uses the assessor’s value of registered property, not the contract price. The agency page lists a document of title among the papers, so the timing follows registration. The current process is in the guide to the Georgian residence permit.

Which taxes can a foreign owner face?

The Tax Code sets property tax at 0.8% to 1% of market value, with an exemption for a family whose income in the previous year did not exceed GEL 100,000. Rent from residential space is taxed at 5% if the individual makes no deductions. On a sale, the surplus is taxed at 5%, and the surplus from an apartment owned for more than two years is exempt. A personal tax adviser should apply the rules to the buyer’s own circumstances.

How does registration of ownership work and what does it cost?

The Public Registry registers the buyer’s right on the basis of the written transaction. NAPR charges GEL 150 for registration in four working days, GEL 270 in one working day and GEL 350 on the day of filing, GEL 7 for confirming signatures and GEL 20 for a one-day extract, plus GEL 26 in English. The developer says the buyer becomes the official owner within one business day after completion and full payment.

Sources and last check

Last checked: 8 November 2026. Sources:

• NEXT: NEXT Downtown project page
• NEXT: home page, project catalogue and renovation packages
• NEXT: About page
• Georgia Travel: Old Batumi
• Geostat: Number of population as of 1 January 2026
• Geostat: regional statistics, Batumi municipality
• Geostat: Inbound tourism statistics, 2025
• Civil Code of Georgia, Articles 183 and 311-1 (matsne.gov.ge)
• Tax Code of Georgia, English text (matsne.gov.ge)
• Law on the Legal Status of Aliens and Stateless Persons (matsne.gov.ge)
• Organic Law on Agricultural Land Ownership (matsne.gov.ge)
• Law of Georgia on Cultural Heritage (matsne.gov.ge)
• NAPR: immovable property registration fees and terms
• NAPR: informational services fees
• NAPR: smart-contract registration service
• Public Service Development Agency: residence permits
• Revenue Service of Georgia: property tax
• National Bank of Georgia: official exchange rates (USD 1 = GEL 2.5949, shown for 8 November 2026)
• National Bank of Georgia: PTI and LTV requirements
• Hague Conference on Private International Law: Apostille Convention status table

This is not legal, tax or financial advice.