Beachside Residential Tower — Batumi, Georgia

Location

Makhinjauri, Batumi, Georgia

Projected Total ROI

Projected Buyback: 20%+ (Jan 2027)

Investment Type

Off-plan Residential

Investment Term

~2 Years (until Jan 2027 buyback window)

View Gallery

Opportunity Overview

This off-plan opportunity offers exposure to a 12-storey residential tower in the Botanical Garden district of Batumi, just 150 metres from the Black Sea and within the city limits of one of Georgia's fastest-growing coastal markets. Developed by Midtown Group, a Georgian construction holding operating since 2015 with three completed projects in Batumi and Tbilisi, Al Mare Green sits on Tbilisi Street in Makhinjauri, a quiet eco-corridor known for its subtropical climate, clean air, and proximity to the Batumi Botanical Garden.

The investment captures both the rental yield potential of Batumi's expanding short-stay market and the capital appreciation cycle of new-build coastal Georgia, where international buyer demand and visa-free residency for most nationalities continue to push prime inventory absorption. A guaranteed +20% buyback from January 1, 2027 anchors the downside on promotional units, while the broader resale market benefits from the area's scarce supply of new construction within the protected botanical zone.

Key Investment Highlights

Direct exposure within a 12-storey residential complex 150 metres from the Black Sea
Developed by Midtown Group, an established Georgian holding with three delivered projects since 2015
Apartments ranging from 29 to 114 m² with terraces and panoramic aluminium-frame windows
Full on-site infrastructure: reception, gas heating, underground parking, three high-speed elevators, 24-hour shop and pharmacy, children's playground, storage lockers, bicycle storage
Guaranteed +20% buyback on promotional units from January 1, 2027
20% discount available on a limited release of promotional apartments
Five minutes by car from Batumi city centre with direct access to coastal road
Located in Batumi's protected Botanical Garden district with subtropical climate

Investment Blueprint

Explore the complete financial, legal, and strategic details of this to make a fully informed investment decision.

Financials

Target IRR: 10–15% over a ~2 year horizon, enhanced by a guaranteed buyback commitment of 20%+ on eligible promotional units

Capital Appreciation: Driven by Batumi's continued pre-handover price escalation, the area's protected green-zone scarcity, and the developer's track record of on-time delivery

Performance Monitoring: Construction milestone updates from Midtown Group with progress documentation and projected handover timeline

Risk Analysis

Market Risk: Batumi's residential market has shown strong long-term growth driven by tourism, international buyer interest, and visa-free residency, though new-build prices can be cyclical with developer supply waves

Liquidity Risk: Off-plan asset with a defined exit via the guaranteed buyback window from January 2027; secondary resale market available subject to completion milestone and demand

Construction Risk: Mitigated by Midtown Group's delivery track record (three completed projects) and milestone-based payment schedule

Currency Risk: Property typically transacted in USD; Georgian Lari (GEL) historically stable against USD but worth flagging for non-USD investors

Legal Structure

Property is governed by Georgian law, which allows foreign buyers to fully own residential real estate without restrictions.
Ownership is transferred directly to the buyer at handover and registered with the Georgian National Public Registry.
Guaranteed buyback structured contractually with the developer, terms outlined in the sale-purchase agreement
Georgia may offer residency options linked to property investment, subject to current rules and minimum requirements.

Investment Breakdown

Equity: 100% buyer capital at the unit level (no debt structure required)

Debt: N/A for end-buyer purchase

Use of Funds: Apartment purchase price paid to developer per milestone schedule; covers construction, land, fit-out as per developer specification

Contact info from brochure

Developer: Midtown GroupLLC

Phone: +995 (592)04-00-24 / +995 (592) 04-00-25

Email: midtowngroupltd@gmail.com

Office: Zghwispiri Street4, Batumi

Hours: Monday–Saturday,10:00 AM – 6:00 PM

Site Address: TbilisiStreet 1, Batumi (Makhinjauri)