Next Gardens Kvariati

This project is located in Adjara, Georgia, specifically in the city of Batumi. It offers the highest quality standards and provides apartments for sale with multiple options and sizes.

The project is built on a land area of 4,500 square meters and consists of 2 buildings or residential blocks with a height of 14 floors. The project offers 493 apartments for sale in Batumi, Georgia, in layouts ranging from studios (1+0) to two-bedroom apartments (2+1), with sizes ranging from 23 to 112 square meters.

Amenities :

This project is your ideal choice if you are looking for luxurious accommodation or a promising investment in Georgia. It features modern residential apartments in various sizes, distinguished hotel rooms, with integrated amenities. The project also provides :

• 24/7 security and camera surveillance
• Business lounge
• Restaurant
• Green spaces
• Outdoor swimming pool and indoor swimming pool
• Sauna and gym

Location Features :

The project is located in the city of Batumi, in the Adjara region of Georgia. The project is distinguished by its strategic location and sea view, making it an excellent residential and investment option due to its location's advantages. Furthermore:

• It is two minutes away from the bus station
• The nearest main street is one minute away
• It is only 3 minutes away from the sea
• It is 15 minutes away from Batumi Airport
• Hospitals, schools, universities, and markets are within 3 to 15 minutes

Important Note:

• Parking spaces are for sale, with the price of a parking space being approximately US$20,000.
• There are fees associated with issuing the title deed (Tapu), approximately US$180.

A Smart Investment in Georgia's Growing Real Estate Market

Investing in Gonio, Batumi offers a high-growth opportunity, supported by strong economic fundamentals, a thriving tourism sector, and major global investments. With Georgia's real estate market booming, Gonio stands out with its stunning beaches, rising property values, and upcoming luxury projects. Real estate ROI in Batumi is notably faster than many markets, typically ranging from 6 to 8 years, compared to 18-20 years in Europe. Rental yields can reach 10-15% annually, especially for properties in prime locations, thanks to consistent tourist flow and low operating costs. Georgia's investor-friendly policies are a significant draw. There is no property ownership tax for non-residents, only a 5% tax on rental income, and no capital gains tax if you own a property for at least two years.

Return on Investment

Next Gardens presents a high-potential real estate investment in Batumi, strategically located to ensure strong rental returns and long-term value appreciation. With projected average daily rate (ADR) growth from $45 USD to $72 USD over the next decade, and an occupancy rate of up to 75%, investors can anticipate stable and increasing returns.

Location and Lifestyle

The project is located near the Black Sea coast in Gonio, Georgia. The area boasts a diverse ecosystem, with an abundance of local plant species. Gonio offers a unique blend of fresh mountain air and gentle sea breezes. This combination creates a local climate that supports a healthy and comfortable living environment, making it an ideal destination for residents and visitors alike. In 2024, the region experienced a 4.5% increase in the number of foreign visitors compared to the previous year, reflecting its growing appeal. With its prime location, stunning natural scenery, and historical landmarks like the famous Gonio-Apsaros Fortress, Gonio is expected to continue attracting more visitors, solidifying its position as a must-visit tourist destination for years to come.