Developer

Developer indeco in Batumi

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Website
Complexes
1
Year of foundation
2007
address
Tbilisi, Ilia Chavchavadze Avenue 23-23a
phone+995595999516Emailinfo@indeco.ge

About the developer

The developer Indeco has been operating in the real estate market since 2007 and has established itself as a reliable investment and development brand in Georgia. The company creates premium-class multifunctional spaces, combining modern design, practicality, and high construction quality. In Batumi, the developer implements elite projects such as Admiral Residence, offering buyers luxurious apartments in the very center of the city. Thanks to many years of experience and attention to detail, Indeco attracts investors and buyers looking for highly liquid real estate on the Black Sea coast.
Projects from indeco
  • Admiral Residence

    Iakob Gogebashvili St. 4
      Purchasing an apartment in Admiral Residence in Batumi means acquiring a club-format premium real estate in the historic center, where the shortage of low-rise new buildings on the first line creates high asset liquidity. The project solves the task of capital preservation and the creation of status housing by the sea, avoiding the overcrowding typical of modern high-rise complexes. The closed format of 13 apartments guarantees privacy, and the location in the Old Town ensures stable demand from affluent tenants. The investment logic of the object is built on the rarity of the offer: boutique premium homes in resort areas traditionally show resilience to market fluctuations due to the limited volume of issuance. Admiral Residence is positioned as an elite club house, combining the historical context of the area with modern architecture. The four-story building is constructed using monolithic frame technology, which ensures seismic resistance. The light brick facade with panoramic glazing organically blends into the surrounding development. The developer Indeco, operating in the market since 2007, has applied an approach where the infrastructure is subordinated to the comfort of a narrow circle of residents. The delivery of the object at the stage of active construction allows buyers to enter the asset before the final market value is formed. The complex is located on Yakob Gogebashvili Street, in the heart of the Old Town, just 50 meters from the Black Sea. The location combines resort aesthetics and business infrastructure: the seaport, Argo cable car, and Batumi Plaza center are nearby. The area is characterized by a high tourist flow, which supports year-round occupancy of the rental fund. Proximity to the embankment makes this part of Batumi the most sought-after among foreigners. Transport connectivity is provided by an extensive network of bus routes, and the drive to the international airport takes about 15 minutes. The internal space is organized with an emphasis on privacy: Rooftop terrace; Underground parking; 24/7 security and video surveillance; Silent Mitsubishi elevators; Commercial premises in the arched gallery; Landscaping of the courtyard; Central heating and air conditioning systems. The house provides 13 apartments with ceiling heights up to three meters. The real estate format is focused on spacious family residences from 140 to 186 square meters. 3-room and 4-room lots are presented. The price for a three-room format is , the cost of a four-room residence starts from . The price per meter starts from . Large areas in the premium segment of Batumi are considered the most liquid for resale, as the shortage of spacious housing by the sea limits the supply. The current range of the cost per square meter is between and . Please inquire about payment terms. The object demonstrates high potential for premium-class rental. The main tenants are expats and affluent tourists choosing Batumi for a long vacation. The club house format excludes mass traffic, which increases the value of housing. It is logical to plan the investment horizon for the long term, as the settlement of boutique projects is accompanied by an increase in the cost per meter. Foreign citizens can freely register ownership of apartments in Georgia, which simplifies the structuring of the transaction and asset management remotely. Club format for 13 apartments; Low-rise (4 floors) 50 meters from the sea; Historic location in the Old Town; Panoramic glazing and viewing terraces; Reliable developer with experience in the Adjara market; Complete engineering preparation; Architectural concept with a marine theme. Investors: to create a status asset with inflation protection. For living: for families who value safety and quiet. For relocation: for expats choosing a mild climate and European service. For passive income: for owners planning to rent to premium operators. Admiral Residence is a niche product in the real estate market of Adjara, where the balance between privacy, location, and construction quality solves the task of capital preservation. The complex is optimal for buyers looking for a controlled living environment with a predictable neighborhood. Submit an application for a consultation on available lots and transaction terms.
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