Developer Nite Development in Batumi

Buying an apartment in Nite Residence Batumi is a choice in favor of a boutique business-class project on the first coastal line that solves the task of capital preservation and creating a liquid rental asset. Unlike mass multi-story new buildings in the region, this complex offers an exclusive format of low-rise development with panoramic glazing. Demand for business-class low-rise complexes in Chakvi is formed through a deficit of quality supply against the backdrop of active development of the resort zone. The concept of Nite Residence from developer Nite Development is built around the idea of private seaside recreation. This is a seven-story monolithic building for 70 apartments, ensuring low population density. The real estate class is positioned as business with elements of premium service. The building's architecture is subordinated to the logic of maximizing view characteristics: panoramic glazing and terraces open direct views of the Black Sea. The facility is scheduled for delivery in 2027. The uniqueness of the project lies in its location on an elevation of about 30 meters above sea level, which guarantees protection from coastal humidity and noise. The complex is located in the ecologically clean resort village of Chakvi on Tamar Mepe Street. This location is a 15-minute drive from downtown Batumi and is strategically placed between the regional capital and Kobuleti. Proximity to the Batumi Botanical Garden and relict pine groves creates a special microclimate. The Chakvi area is currently undergoing a transformation into a full-fledged premium cluster. Demand for real estate is supported by growing tourist traffic and a deficit of free land plots near the sea. Compared to the overloaded center of Batumi, Chakvi offers a relaxed pace of life while maintaining transport accessibility. The investment attractiveness of the project is based on a combination of first-line coastal location, professional management company, and high tourist traffic. Swimming pool with recreation area SPA center and hammam Modern gym Parking 24/7 security Professional management company Commercial premises for cafes and boutiques Children's playground The project features ergonomic real estate formats oriented toward personal residence and commercial use. The area range varies from 35 to 58 square meters. Studios and one-bedroom apartments are available for sale. The starting price for a studio is $58,740, and the cost of one-bedroom formats starts from $90,750. The minimum price per square meter in the complex is fixed at {{price-m2-min}}, while reflects the market valuation of the finished product. The market shows that studios and compact apartments demonstrate the highest rental speed. Buyers are offered interest-free installments with a 20% down payment for up to 24 months. The investment logic of the purchase is based on the factor of limited supply in the segment of low-rise complexes. Rental demand is formed by tourists preferring privacy and expatriates choosing Chakvi for long-term residence. The primary tenants are families who value security and closed territory. The property is logically considered on a medium-term horizon: from the start of construction to commissioning. The ownership format allows foreigners to freely register real estate in their own name. Price growth is ensured by the development of the village's infrastructure and the shortage of first-line plots. Boutique format for 70 apartments, eliminating the effect of overcrowding. Location on an elevation of 30 meters above sea level with panoramic views. Complete designer finishing that requires no additional investment. Own recreation area with swimming pool and SPA. Professional rental management from the developer. Interest-free installment payments during the construction period. Investors: for passive income from short-term rental during the peak tourist season. For living: as a country residence by the sea with a comfortable climate. For relocation: expatriates and remote workers looking for a quiet place with nature. For passive income: buyers who delegate asset management to a specialized company. Nite Residence Chakvi is a balanced asset where the physical value of a coastal lot is combined with a ready-made business solution in the form of designer finishing. The project is optimally suited for those who want to lock in value at the construction stage and obtain a liquid instrument for generating income without doing their own renovations. Leave a request to receive the current pool of available lots and personalized consultation on booking conditions.