Typical layout Q3 2028
Handover
32.2 m²
From size
Studio, 1–2 Bedroom
Layouts
Adlia, Batumi, Batumi · Studio, 1–2 Bedroom · from 32.2 m² · handover Q3 2028 · starting at 54,338USD
About the project
Reverance stands on Adlia Street in the quieter southern stretch of Batumi, where the buildings thin out towards the airport and the sea is eight hundred metres away. Otium Development is building it with MN Group, and Bank of Georgia is financing it in full.
Two blocks of sixteen floors hold 360 apartments, and only twelve of them sit on each floor: six studios, two one-bedroom and four two-bedroom homes. Ceilings are three metres. Four lifts serve the building, parking is underground, and the whole development is connected to gas.
The shared floors are built to be used in January as much as in August. There are indoor and outdoor heated pools, a spa and sauna, a gym and an open-air yoga platform, a lobby with a concierge on duty around the clock, a co-working space and library, a tea room, a children’s play area with an art wall, storage units, and landscaped walking ground. Parking has charging points for cars, and there are charging bays for bicycles and scooters. Solar panels and an irrigation system run the site.
Apartments are handed over in Green Frame. Buyers who would rather not manage the work can take the developer’s renovation package or a turn-key finish with furniture and appliances, both priced per square metre on top. Otium has been building in Georgia since 2023 and has projects under way in Tbilisi and Poti as well as this one.
Direct-to-developer access via Palmera — no buyer commission, full Palmera support from selection through handover, in your language.
Floor plans
From 54,338 USD · 50 available
Typical layout From 77,720 USD · 29 available
Typical layout 1 Bedroom · 46.4 m2
Typical layout 1 Bedroom · 53 m2
From 82,385 USD · 78 available
Typical layout 2 Bedrooms · 59.1 m2
Typical layout 2 Bedrooms · 64.5 m2
Typical layout 2 Bedrooms · 65.9 m2
Typical layout 2 Bedrooms · 68 m2
Typical layout 2 Bedrooms · 68.3 m2
Payment plan
| Stage | Share | When |
|---|---|---|
| Down payment | 20% | On booking |
| Instalment 1 | 1.67% | 1 month after booking |
| Instalment 2 | 1.67% | 2 months after booking |
| Instalment 3 | 1.67% | 3 months after booking |
| Instalment 4 | 1.67% | 4 months after booking |
| Instalment 5 | 1.67% | 5 months after booking |
| Instalment 6 | 1.67% | 6 months after booking |
| Instalment 7 | 1.67% | 7 months after booking |
| Instalment 8 | 1.67% | 8 months after booking |
| Instalment 9 | 1.67% | 9 months after booking |
| Instalment 10 | 1.67% | 10 months after booking |
| Instalment 11 | 1.67% | 11 months after booking |
| Instalment 12 | 1.67% | 12 months after booking |
| Instalment 13 | 1.67% | 13 months after booking |
| Instalment 14 | 1.67% | 14 months after booking |
| Instalment 15 | 1.67% | 15 months after booking |
| Instalment 16 | 1.67% | 16 months after booking |
| Instalment 17 | 1.67% | 17 months after booking |
| Instalment 18 | 1.67% | 18 months after booking |
| Instalment 19 | 1.67% | 19 months after booking |
| Instalment 20 | 1.67% | 20 months after booking |
| Instalment 21 | 1.67% | 21 months after booking |
| On handover | 45% |
Additional details
| Detail | Value |
|---|---|
| Developer | Otium Development |
| Location | Adlia, Batumi, Batumi |
| Unit types | Studio, 1–2 Bedroom |
| Handover | Q3 2028 |
Investment & payment plan
Freehold
Ownership
Jul 2028
Handover
Green Frame · Renovation package (optional, priced per m²) · Turn-key with furniture and appliances (optional, priced per m²)
Finishing
Indoor heated swimming poolOutdoor heated swimming pool
Pool
Unit types & pricing
| Type | Size | Price from |
|---|---|---|
| Studio | 32.2 m² | 54,338USD |
| 1-Bedroom | 46.4 m² | 77,720USD |
| 2-Bedroom | 59.1 m² | 82,385USD |
The developer
O
Otium Development
Residences in three Georgian cities, built with care for running costs.
Otium Development builds residential projects in three Georgian cities: Reverance in Batumi, Otium Poti and Otium Beliashvili in Tbilisi. Its Batumi project shows its approach: solar panels and an irrigation system, EV charging in the underground car park, charging zones for bikes and scooters, three-metre ceilings and four lifts in each block. Otium also helps owners let and resell their apartments.
GeorgiaHeadquarters
View Otium Development About Batumi
Georgia's Black Sea resort capital — branded beachfront living on the Adjara coast.
Batumi is the seaside capital of Adjara and Georgia's leading resort city, a fast-growing strip of the Black Sea coast where palm-lined boulevards, a historic Old Town and a wall of new towers meet the beach. The city drew around 2.6 million international visitors in 2025 — Georgia's second-most-visited destination after Tbilisi — and that tourism flow underpins one of the region's most active short-let markets. For foreign buyers the appeal is unusually direct: Georgia grants 100% freehold ownership of apartments to any nationality, with no residency requirement to purchase, title registered in a day or two, and a 5% flat tax on residential rental income. Branded beachfront supply — Radisson, Wyndham and similar hospitality-managed residences along the Gonio first line — is still limited, and a qualifying purchase from USD 150,000 opens a renewable residence permit. Off-plan turnkey homes start well under USD 100,000.
~7%Rental yieldBatumi State UniversityNearbyBatumi Navigation Teaching UniversityNearbyBatumi International Airport (BUS) · ~15 minDrive time
Explore Batumi What's nearby
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