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Next is a Georgian real-estate developer headquartered in Batumi, focused on branded, hospitality-managed residences along the Black Sea coast of Adjara and in the capital, Tbilisi. The company has built its reputation by attaching internationally recognised hospitality names to its coastal towers — among them Radisson Blu, Wyndham and Swissotel — and by selling homes turnkey on interest-free, construction-linked payment plans. Beyond Georgia, Next has carried the brand into Dubai and Kenya, but its core remains the Batumi Riviera and the Tbilisi centre.
Next is positioned as a branded-residence specialist on Georgia's Black Sea Riviera. Rather than competing on raw price alone, it pairs prime coastal and city-centre plots with established hospitality operators — letting buyers own a furnished home that can be run and let under a recognised hotel name. Its portfolio concentrates on Batumi and the surrounding Adjara coast, with a smaller presence in central Tbilisi.
Next has a working delivery record on the Georgian coast: a number of its earlier Batumi buildings are marked as completed and 100% sold, while a pipeline of newer schemes is in active construction and sales. As a private developer, its homes are sold off-plan with construction-linked instalments rather than upfront in full.
Specific financial figures are not publicly disclosed. The company's funding model leans on off-plan, interest-free instalment sales staged across the construction period, with the largest portion of the price typically due at handover.
Next specialises in branded, hospitality-managed residences — turnkey, fully furnished homes placed on first-line coastal and central city plots and operated under names such as Radisson Blu, Wyndham and Swissotel. The result is a rentable, lock-up-and-leave product aimed at investors as much as at owner-occupiers.
Homes are sold off-plan on interest-free (0%) payment plans tied to construction. A typical structure asks for a 10–20% deposit on signing, spreads instalments across the build at no interest, and holds the largest share of the price until handover — with runways ranging from under a year on near-term projects up to five years on the longest plans.
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Next is a Georgian real-estate developer headquartered in Batumi. It specialises in branded, hospitality-managed residences along the Adjara coast and in Tbilisi, partnering with names such as Radisson Blu, Wyndham and Swissotel, and also operates in Dubai and Kenya. Homes are sold off-plan, turnkey and on interest-free payment plans.
Next concentrates on Batumi and the surrounding Adjara coast — including First Line Gonio, the Botanical Garden frontage, the city centre and Old Town, and the resort town of Kobuleti — with a further presence in central Tbilisi (Avlabari and Ortachala). Beyond Georgia it has carried the brand into Dubai and Tatu City, Kenya.
Several of Next's coastal projects are run under recognised hospitality brands — Radisson Blu Residences and Wyndham Batumi on First Line Gonio, and Swissotel in Kobuleti. Buyers own a furnished home that can be operated and let under a hotel name, which supports short-let demand and resale.
Next sells off-plan on interest-free (0%) instalment plans. A representative structure is a 10–20% deposit on signing, interest-free instalments spread across construction, and the largest share of the price due on handover. Plan length varies by project, from under a year on near-term schemes to as long as five years.
Yes. Georgia places no restriction on foreign freehold ownership of residential property, so an overseas buyer holds a Next apartment on exactly the same freehold terms as a Georgian national, with title registered in the buyer's name.
Next has already completed and sold out several earlier Batumi buildings. Among the off-plan projects offered on Palmera, handovers are staged from 2027 (Batumi Downtown, Radisson Blu, Wyndham) through to 2029 (Address, Gardens, Magnolia, Oriental), with Kobuleti and Tbilisi Downtown released on request as they move through their sales stages.
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