Parallel Residences
To the sea700 m
View property →from $59,000completion Q4 2027
Tbel Abuseridze St. 11, Batumi
Next Address
Price from$63,000
December 2028Completion
Next GroupDeveloper
under constructionStatus
Details
Key facts
- Location
- Tbel Abuseridze St. 11, Batumi
- Price from
- $63,000
- Completion
- December 2028
- Developer
- Next Group
- Status
- Under construction
About the project
Next Address is a Next Group development on Tbel Abuseridze Street in central Batumi, by Heroes Square. The sea is seven hundred metres away, the Black Sea Mall directly opposite, with the Dancing Fountains and the House of Justice nearby.
Three towers of twenty-nine to forty-seven storeys hold 876 apartments. The building is put up to five-star hotel standards and residents get hotel service: round-the-clock reception and security, a business centre, a lounge, a children’s room and play area, a pharmacy, a restaurant, a fitness centre, a retail gallery, a rest zone, a pool and a separate rooftop pool, an open terrace and parking. Daikin VRF climate control, Geberit plumbing, KONE lifts, low-emissivity glazing and 3.1 m ceilings.
Layouts: a 31.6 m² studio, a 57.5 m² one-bedroom, an 80.1 m² two-bedroom. Finishing is your choice: bare or complete, with the developer also selling a finishing package from $650 per m² and a furnished turnkey option from $900. A 20% down payment with interest-free installments over up to 45 months.
Yield
Run the numbers yourself
Move the sliders or type your own rent — we do not promise a percentage, we calculate from your inputs.
Monthly rent
Occupancy over a year70%
Costs: management, taxes, utilities25%
- Net per year
- $3,175
- Annual return
- 5.0%
- Years to pay back
- 19.8
An estimate, not a promise: the rent depends on the floor, the view, the finish and whether you let nightly or yearly. We will run it with you on a specific apartment — costs included, nothing rounded in our favour.
Location
Batumi
Questions
What buyers ask about this property
How much are apartments in Next Address?
Prices in Next Address start from $63,000. The final figure depends on the floor, the view and the layout — we will send the current price list from the developer on request.
Is there an instalment plan in Next Address?
A 20% down payment with interest-free installments over up to 45 months.
When is Next Address completed?
Completion is scheduled for December 2028.
How far is Next Address from the sea?
750 m in a straight line to the shore.
Who is the developer of Next Address?
Next Group. Before you sign anything we check the legal status of the project and of the specific unit.
Does buying in Next Address give residency in Georgia?
Residency requires property worth at least 150,000 dollars. Prices in Next Address start lower, at $63,000, so it depends on the unit you choose — a larger one can clear the threshold.
How do I buy an apartment in Next Address from abroad?
Foreigners buy property in Georgia on the same terms as citizens. You do not have to travel: we film the unit, collect the documents and complete the registration by power of attorney. Registration takes one to four working days.
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Contact us
Tell us what you are looking for
We reply within 30 minutes and send a selection matched to your brief — with legal status, calculations and photos from the site.
+995 599 278 144
6 Nikoloz Baratashvili Street, Batumi