OKTO Art House - PR405989

The elite multifunctional complex Okto Art House is a unique premium architectural project located on the first coastline of Batumi. This innovative residential concept is being built by the progressive construction and development company Okto Group, which successfully operates in the Georgian construction market. The developer Okto Group has established itself as an ambitious and reliable builder that applies European standards of energy efficiency, monolithic casting, and eco-friendly materials. The complex stands out favorably due to its futuristic architecture, panoramic glazing, and thoughtful integration of residential areas with art spaces. The property is located in the most prestigious and actively developing part of the city — on the New Boulevard, directly opposite the picturesque Seaside Park. The richest external city infrastructure is concentrated around the complex: the large shopping and entertainment center Metro City, branded shops, exquisite restaurants of national and European cuisine, and modern casinos are within walking distance. A convenient transport interchange allows residents to reach the center of Old Batumi and key attractions in a matter of minutes, while the drive to the international airport takes only 5 minutes. The internal five-star infrastructure is designed for maximum comfort and includes its own indoor and outdoor swimming pools, a spa complex, and a modern fitness center. For residents on the territory, there is a conceptual art gallery, rooftop lounge areas, co-working spaces, branded boutiques, and underground parking. Safety of living is ensured by 24/7 security, a closed territory, a smart access control system, and a high-class concierge service. All apartments are delivered with ergonomic layouts, high-quality soundproofing, and spacious terraces, offering stunning direct views of the Black Sea and the mountains. Rental business management is carried out by a professional international company, providing owners with stable property occupancy and a high passive income in foreign currency. This is a liquid investment asset with proven capitalization rates, ideally suited both for permanent luxury living and for a successful rental business.
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.