OXY Residence

SafeBuy Recommended

New Boulevard, Batumi, Georgia

Why this one carries the SafeBuy Recommended badge

It is one of fifteen developments picked by hand by SafeBuy’s founders and agents. We have been to this one, walked the site and met the people building it, and we would put our own name to it. Nothing about the badge is automated: the rest of our catalogue is collected by a scraper, and this short list is not.

Being straight about the other half of it: we earn the same commission on these as on any other listing, so the badge tells you what our team thinks, not that we are a neutral party. How we make money.

Area

30 m²

Type

New development

Developer

ELT Group / Occidental (Barceló)

Projected ROI

Completion

December 30, 2028

What comparable resale apartments ask

SafeBuy valuation engine

This is a new build, and our corpus is the resale market. Pricing the same size and area as an existing apartment is how you size the premium you are being asked to pay for it being new.

Size in m²

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What we have checked

This is an off-plan development, so there is no unit title to check yet: individual apartments are only registered once the building is completed. We have not yet matched this development to its developer's land parcel in the public registry, so we are making no claim about who owns the land or whether it carries a mortgage.

If you have the cadastral code from the seller, you can run a free registry check on it yourself, no account needed.

About this property

A mixed-use residential and hotel complex within ELT Group's signature "ELT Quarter" development, in the New Boulevard area of Batumi. The lower floors host a 4-star Occidental Hotel (a Barceló Hotels brand), while the upper floors offer residential apartments, all with full access to hotel-grade services. Located just 2 minutes from the sea. Part of the large-scale ELT Quarter neighbourhood concept. First 4 floors house the Occidental Hotel (4-star, Barceló Hotels brand), with upper floors featuring residential apartments serviced by the hotel. Located 200 meters from a supermarket and 1 km from the airport. Backed by ELT Group, 300,000+ sqm of completed real estate in Batumi.