OXY Residence is a new project in Batumi, developed by ELT Group in partnership with the well-known Spanish brand Occidental. It is a 14-storey building located on Batumi’s New Boulevard, on the second sea line.
Floors 2, 3, and 4 are allocated to 4★ hotel rooms operated under the Occidental brand. You can purchase a fully finished hotel room, complete with furniture and household appliances, and become a partner of the Occidental hotel.
The owner’s income is calculated based on the overall profit of the hotel, including accommodation, the SPA area, cafés, and restaurants.
Residential apartments are located from the 5th to the 13th floors. They can be purchased without finishing (shell & core), at the structural stage, or with full turnkey finishing.
On level -1, there is a parking area with 81 parking spaces, including spaces for people with disabilities. On the ground floor, there are 12 commercial premises.
Studio apartments, as well as one- and two-bedroom apartments, are available. It is also possible to purchase part of a floor (a block of apartments) or an entire floor.
The ground floor features 12 commercial premises available for purchase.
Construction completion is scheduled for December 2028.
Project management will be carried out by Occidental (Spain) and IPM (Estonia).
You can read more about the developer here.
Residential apartments
Studios
STUDIOS — THE BEST ENTRY INTO INVESTMENT
Maximum demand · Minimum entry · High liquidity
242 studios available, 12 sold, 10 reserved.
Studios in OXY Residence are the most in-demand property format in Batumi. They are ideal for short-term rental as well as for resale.
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Area: from 30.40 to 41.90 m²
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Shell & core — minimum price option.
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Prices: from $35,760 to $59,485
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First payment: from 5% (from $1,862)
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0% installment plan for 42 months.
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Expected rental ROI: 10–13%
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High demand from tourists.
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Finishing works available upon request: +$750 per m²
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Managed by an international management company.
Expected price growth by project completion: +40–60%
One-bedroom
apartments
1+1 APARTMENTS — STABLE INCOME
A balanced combination of profitability, comfort, and liquidity.
61 apartments available, 4 sold, 4 reserved.
1+1 apartments are an optimal choice for both short-term and long-term rental, as well as for personal residence.
They offer high demand and low vacancy risk.
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Area: from 49.06 to 74.34 m²
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Shell & core — minimum price option.
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Prices: from $60,099 to $93,990
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First payment: from 5% (from $3,005)
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0% installment plan for 42 months.
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Expected rental ROI: 10–13%
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High demand from tourists.
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Finishing works available upon request: +$750 per m²
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Managed by an international management company.
Expected price growth by project completion: +35–55%
Two-bedroom
apartments
1+2 APARTMENT — A HOME FOR A LARGE FAMILY
Suitable for investors focused on rental income and resale, as well as for personal residence.
35 apartments available, 5 sold, 1 reserved.
1+2 apartments have a limited supply, are scarce, and are in strong demand on the long-term rental market.
These apartments demonstrate steady price growth by the time of project completion.
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Area: from 71.66 to 86.54 m²
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Shell & core — minimum price option.
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Prices: from $82,840 to $125,483
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First payment: from 5% (from $4,142)
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0% installment plan for 42 months.
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Expected rental ROI: 10–13%
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High demand from tourists.
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Finishing works available upon request: +$750 per m²
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Managed by an international management company.
Expected price growth by project completion: +30–50%
Investment offers
4★ Hotel rooms
4★ HOTEL ROOMS — STABLE PASSIVE INCOME
Passive income with no operational involvement.
138 rooms available, 0 sold, 9 reserved.
Hotel rooms in OXY Residence are designed for investors who want to receive income without managing the property themselves. Hotel units offer high demand and low vacancy risk.
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Area: from 34.36 to 86.54 m²
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Turnkey format — rooms fully finished, furnished, and equipped with household appliances.
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Prices: from $85,900 to $216,350
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First payment: from 5% (from $4,295)
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0% installment plan for 42 months.
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Expected rental ROI: up to 15%
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High demand from tourists.
Expected price growth by project completion: +35–55%
Commercial
real estate
COMMERCIAL PROPERTY — THE CHOICE OF MARKET PROFESSIONAL.
Suitable for investors focused on rental income and resale, as well as for running their own business.
12 units available, 0 sold, 0 reserved.
Commercial premises on the ground floor of the complex are located in an area with high pedestrian and tourist traffic.
Advantages: constant customer flow, long-term lease agreements, stable income, and high investment reliability.
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Area: from 47.36 to 332.96 m²
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Sold in shell & core condition.
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Prices: from $175,230 to $1,231,950
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Expected rental ROI: 12–15%
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High demand from chain operators.
Expected price growth by project completion: +30–40%
Get
a free selection of options
Write to us and we will send you detailed information about our offers for studio apartments.