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