Private Introduction · Georgia
NEXT Downtown
A boutique conversion in a protected 19th-century facade — completed and income-ready
- Price
- USD 146.5K – USD 427.8K
- Completion
- Q3 2027
Introduction
A small-scale heritage conversion in the heart of Batumi's historic district — a handful of boutique residences finished to European premium specifications behind a preserved 19th-century facade. Located steps from one of Old Town's most visited pedestrian squares and minutes from the coast. Designed for collectors of heritage stock with year-round cultural-tourism demand, rather than seasonal beach-only product — and backed by Georgia's tax-free purchase regime.
Payment Terms
20% down payment • 0% interest over 24 months
Why This Opportunity
Protected Heritage Building
A boutique conversion preserving a 19th-century facade behind which sit modern luxury interiors with high ceilings and European-brand specifications. Heritage designation means no comparable new-build can be developed in this district — the building stock is fixed, while demand grows.
Completed and Income-Ready
Fully delivered and available for immediate occupancy or rental operation, on Old Town's most visited pedestrian zone — the kind of address that generates short-term rental enquiries through walk-in traffic alone.
Year-Round Cultural Tourism
Old Town properties attract cultural tourists and digital nomads willing to pay premiums over standard apart-hotels for heritage character and walkable access to landmarks. This guest profile books longer stays and produces more consistent annual occupancy than beach-season-dependent stock.
Zero Purchase Tax, Zero CGT After Two Years
Georgia charges no stamp duty, no transfer tax, and no capital gains tax on properties held longer than two years. For a completed heritage asset in a supply-constrained district, this tax efficiency amplifies both rental returns and eventual exit value.
The Area
Where it is
Getting around
Airport Access
Batumi International Airport [5 km - 10 minute drive]
Railway Station
Batumi Central Railway Station [6 minute drive - 2 km]
Pedestrian Zone
Historic Old Town walking area, pedestrian-friendly streets
Public Transport
City bus connections and taxi services throughout Batumi
Accessibility Score
Excellent walkability to all major historic sites and attractions
Nearby
Historic Attractions and Cultural Heritage
Batumi Old Town (direct location), Piazza Square (3 minutes walk), Europe Square (5 minutes), Batumi Archaeological Museum (2 minutes), Ali and Nino Statue (8 minutes), Batumi Boulevard (10 minutes)
Old Town Cultural Amenities
Historic restaurants and cafes, Traditional Georgian cuisine, Art galleries and museums, Boutique shopping, Cultural events and festivals, Heritage walking tours
Schools
International School
International School of Batumi [Walking (10 minutes) - 0.8 km]
University
Batumi Shota Rustaveli State University [Car (6 minutes) - 2 km]
University
Batumi Navigation Teaching University [Car (8 minutes) - 3 km]
University
Georgian Technical University Batumi [Car (10 minutes) - 3.5 km]
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Figures are indicative and subject to change. Regulations, taxes and market conditions vary by jurisdiction. Do your own due diligence and seek independent legal and financial advice.