Overview

Description

Okto Art House by Okto Group is a 2-tower, 35-floor premium residential complex located in the “New Boulevard” district of Batumi, Georgia — one of the fastest-developing coastal zones in the city.

The project features over 1,600 apartments and offers resort-style living with full infrastructure including pools, co-working spaces, retail, parking, and green zones. Its art-inspired interiors, curated by Georgian artists, turn common areas into gallery-style spaces, while buyers can choose from professionally designed, fully furnished apartments in Pop-Art and Classic styles.

From open terraces and BBQ zones to sports courts and kids’ art schools, the development is purposefully built for year-round living or profitable short-term rental. Investors benefit from a 70/30 rental income model and the ability to resell after 50% of construction payment.

Okto Art House is one of Batumi’s most accessible and scalable investment opportunities.

 

  • Investment Region: Batumi, Georgia
  • Location: 71 Angisa First Lane, New Boulevard District, Batumi, Adjara
  • Budget Range: From $41,272 to $117,600
  • Investment Type:
    ▪️ Buy-to-Let
    ▪️ Flip & Resell (resale allowed after 50% payment)
    ▪️ Vacation Rental (self-managed or via Okto’s 70/30 model)
  • Residency Eligible: Based on Georgian law and price thresholds
  • Project Stage: Under Construction
    • Block B: 6+ floors complete (with live video updates)
    • Block A: Construction ongoing
  • Available Apartments: 1,680 total; over 350 sold
  • Unit Sizes: Studios & 1-Bedroom (from ~30 m² to 56+ m²)
  • Projected Rental Yield: 7–12%
  • Expected ROI: Up to 12%
  • Completion Timeline:
    • Block B: Q2 2027 (White Frame Delivery)
    • Block A: December 2027

 

 Key Benefits

  • Located 5 mins from Batumi beach and boulevard
  • 6,000 m² total land | 3,000 m² recreational zone
  • 24/7 reception, underground parking (640 spots), private gated access
  • Resort-style amenities: pool, gym, co-working, BBQ zones, kids’ spaces, art school & gallery
  • Panoramic views of sea, city, and mountains
  • Optional full interior design packages: Classic or Pop-Art styles
  • Legal resell available during construction (after 50% paid)
  • Rental management service with 70/30 income split
  • Strong seasonal occupancy trends and detailed ROI breakdowns
  • Low-risk profile in a fast-growing coastal market

 

 Important Info for Foreign Buyers

  • Foreigners can own 100% of property in Georgia
  • Residency may apply for purchases over $100,000
  • Ownership registration is fast (1–2 working days)
  • 5% rental income tax
  • No capital gains tax after 2+ years
  • Flexible payment plans and early resale options
  • Purchase includes full legal support and contract transparency

Address

  • City Batumi
  • Country Georgia

Details

Updated on September 18, 2025 at 11:36 am
  • Property Status: Investment

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