The construction has already begun. The project consists of three blocks, with construction starting on Block A.

Initially, a significant portion of the time was spent on foundation and excavation work, particularly due to the underground parking level. As of now, the two commercial floors have already been completed, and work on the residential floors is now beginning.

Construction of Block B will also commence shortly, followed by Block C as the final phase.…

The complete completion of the project is planned for 2029.

Investment Potential & About Our Agency

Purchasing during an early phase of construction can offer a significant investment advantage. Entry prices are generally more attractive at the beginning of a project. As construction progresses, infrastructure develops, and completion approaches, an increase in property prices is expected. Early buyers therefore have the opportunity to enter the project at a lower price point and benefit from potential value appreciation by the time it is finished.

For investors, this offers not only potential future rental income after completion but also the possibility of capital appreciation between the early construction phase and the completion date. However, future price increases should be understood as expectations rather than guaranteed returns.

In addition to this studio, we also offer one-bedroom and two-bedroom apartments with different layouts, floors, and orientations, allowing us to select a suitable option based on budget, desired view, and investment strategy.

Through Nils Ott Real Estate, we provide access to a wide range of properties in Batumi and throughout Georgia, organize viewings, assist with negotiations, and support our clients throughout the entire purchasing process.