OKTO Art House - PR405989

OKTO ART HOUSE — Where every wave holds a story.

Welcome to a premium residential complex in Batumi, perfectly situated on the New Boulevard (Angisa 1st Lane, N75). The concept of OKTO ART HOUSE merges art and life, symbolizing the eight elements of art, balance, harmony, and an absolute commitment to quality living.

Project Specifications:

Scale: 2 blocks, 35 floors, 1,680 apartments.

Infrastructure: Total territory of 6,000 m² with a dedicated 3,000 m² recreation zone. 640 parking spaces (underground and surface).

Construction Completion: Q4, 2027.

Location: Only 400 meters from Lech and Maria Kaczynski Park and 500 meters to the beach. Steps away from Metropolis Shopping Mall, UEFA Stadium, Grand Mall, and the Aquapark.

A Fully Integrated Ecosystem:
The complex offers a vibrant community lifestyle backed by exceptional facilities: an on-site Children's Art School and Gallery, a modern co-working space, an outdoor swimming pool, 24-hour reception, F&B outlets, a kids' room, an all-season rubber-coated sports field, a running track, a creative playground ("Sand Factory"), and a private covered barbecue zone. Your peace of mind is secured by a private enclosed territory, automatic gates, and 24/7 video monitoring.

Finishing Options:
Apartments are available in "White Frame" condition (complete with internal partitions, central utilities brought to the unit, and a fully gasified complex) or as "Turnkey Renovation" completely finished with high-end furniture and appliances, designed by professionals in either Classic or Pop Art interior styles.

Investment Highlights (Data by Cushman & Wakefield):
Georgia is ranked among the world's top 20 safest countries (Numbeo) and Batumi is recognized as a Top 10 European Investment Destination.

Real estate demand in Batumi's "New Boulevard" has increased by 26.8%.

The cost per square meter in Batumi has increased by 16.7% over the past 2 years.

Expected apartment price growth rate over 10 years is 83%.

Projected Return on Investment (ROI) ranges from 15% to 18.14% per annum, with an average occupancy rate of 48%–58%.

Total tax exemption on property ownership and a simplified procedure for foreign residency permits.