Developer: ELT group
Airport Ubani
Adlia St., 12
The premium multifunctional residential complex Oxy Residence is an exclusive architectural project of a new generation located on the first coastline of the picturesque resort of Kobuleti. This grand investment property is being built by the leading construction and development company ELT Group, which has been successfully and stably operating in the Georgian real estate market since 2017. Over the years of its active operations, the developer ELT Group has earned an impeccable reputation as a reliable industry leader, building over 300,000 square meters of high-end housing and introducing unique standards of quarter development. The complex stands out favorably due to its futuristic wave-shaped architecture, panoramic glazing, and full integration of residential areas with the first-class hotel infrastructure of the Occidental brand by Barcelo Hotel Group. The unique location of the property directly in the coastal zone guarantees residents direct access to the clear sea and unique pine groves that create a healing microclimate. A developed external resort infrastructure is concentrated around: a well-kept Seaside Park, colorful national restaurants, shops, and cozy cafes are within walking distance. A convenient transport interchange allows residents to reach Batumi with its business activity and key attractions in just 25 minutes. The internal five-star infrastructure ecosystem is designed on the "city within a city" principle for maximum comfort and a carefree vacation. At the service of residents are a panoramic outdoor rooftop swimming pool, a modern spa complex, a world-class fitness center, and cozy lounge areas. Safety of living is ensured by 24/7 security, a closed secured territory, a smart access control system, and a professional concierge service. All apartments are delivered with thoughtful European layouts, high-quality soundproofing, and spacious terraces offering breathtaking direct views of the Black Sea. Rental business management is fully handled by an international management company, providing owners with stable year-round property occupancy rates. This is a highly liquid investment asset with proven capitalization rates, ideally suited both for permanent luxury resort living and for a stable passive income.
Construction status:In progress
Project delivery:2028 (2 quarter)
Number of buildings:1 section
Frame:White frame
Number of apartments:169