Magnolia
To the sea960 m
View property →from $38,000completion December 2028
Adlia St. 12, Batumi
OXY Residence
Price from$38,000
Q4 2028Completion
Elt Building DevelopmentDeveloper
under constructionStatus
Details
Key facts
- Location
- Adlia St. 12, Batumi
- Price from
- $38,000
- Completion
- Q4 2028
- Developer
- Elt Building Development
- Status
- Under construction
About the project
OXY Residence is a building by Elt Building Development on Adlia Street, part of the ELT Quarter. A hundred metres to the sea, a supermarket two hundred metres away, a hospital at seven hundred and the airport a kilometre off.
Fourteen storeys. The lower four house the four-star Occidental hotel — a brand of the Spanish Barceló group — with serviced apartments above. Reception, round-the-clock security, underground parking and a lift.
Twenty-four layouts run from 30 to 87 m²: studios 30.4–37.4 m², two-room 57.16–62.54 m², three-room 71.66–86.54 m². Apartments are delivered in white frame. No down payment is required, with interest-free installments over up to 32 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
- $1,915
- 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 OXY Residence?
Prices in OXY Residence start from $38,000. 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 OXY Residence?
No down payment is required, with interest-free installments over up to 32 months.
When is OXY Residence completed?
Completion is scheduled for Q4 2028.
How far is OXY Residence from the sea?
290 m in a straight line to the shore.
Who is the developer of OXY Residence?
Elt Building Development. Before you sign anything we check the legal status of the project and of the specific unit.
Does buying in OXY Residence give residency in Georgia?
Residency requires property worth at least 150,000 dollars. Prices in OXY Residence start lower, at $38,000, so it depends on the unit you choose — a larger one can clear the threshold.
How do I buy an apartment in OXY Residence 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
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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