Next Group Georgia – Developer Review 2026
Next Group is a well-known developer in Georgia. They have completed many projects in Batumi and Tbilisi and are now expanding into Dubai, Spain, and Kenya. In this review, we’ll cover their current and past developments, upcoming projects, and give an honest evaluation — including the good and the bad — of whether investing in Next Group is a smart choice.
- Next Group Founder & Location
- Next Group Company Size & Achievements
- NEXT Group Reputation
- Next Group Batumi Reviews
- NEXT Apartments under construction in Batumi
- NEXT Group Projects in Tbilisi
- NEXT Group projects in Dubai, Spain & Kenya
- NEXT Group Batumi Renovation Quality
- NEXT Group Construction Delays
- My NEXT Group Developer Review 7/10
Next Group Founder & Location
Next Group, also known as NEXT, was founded in 2019 by Kakha Devadze and is headquartered in Batumi, Georgia. The company has grown quickly and now develops residential complexes, hotels, villas, and branded residences. They operate mainly in Georgia, with projects in Batumi and Tbilisi, and have expanded into international markets such as Dubai and Kenya.
Next Group Company Size & Achievements
Their team size is reported differently depending on the source. According to their official materials, the company employs more than 1,000 people, while LinkedIn shows 51–200 employees, which likely reflects only corporate staff and not construction workers. The company’s portfolio includes more than 420,000 square meters of completed and ongoing developments, and they have sold over 5,700 apartments to date. Their active project list usually includes around ten developments. They estimate their total development value at roughly 350 million USD.
NEXT Group Reputation
Next Group has partnered with major hotel brands such as Radisson and Wyndham, and their properties are known for modern architecture and strong build quality. They have received industry recognition, including a Luxury Lifestyle Award in 2023 for Best Luxury Real Estate Developer in Georgia. Investor feedback is generally positive, especially regarding design, materials, and rental potential, although some people mention construction delays, which is common in Georgia’s real estate market. Through our website, people can get NEXT Group exclusive discounts for premium apartments. We also simplify the buying process and even assist with remote purchases.
Next Group Batumi Reviews
People often ask, “Is Next Group trustworthy?” or “What are the reviews for Next Group Batumi?” They consistently receive high ratings for construction quality, design, and location, although some buyers mention delays. Investors also appreciate the strong rental demand in Batumi, especially during the summer season. Considering that Batumi has over 100 developers — many of whom delay projects for years or fail to complete them — a minor delay with a reputable developer is not a major concern.
From personal experience, some of these investments can be very profitable. For example, I bought a fully furnished NEXT White studio for $30,000 on monthly installments, and sold it for $60,000 — a 100% profit in just two years. Another investment in Wyndham Residence has already reached over 120% profit.
NEXT Apartments under construction in Batumi
Next group currently have a few projects under construction. Next address and Next Magnolia in Batumi city and multiple projects close to Batumi city such as Wyndham, Radisson, Next Collection, Next Gardens. Below is more info about each of their projects under construction.
Next Collection Apartments in Makhinjauri
Next Collection is situated just 50 meters from the Black Sea, offering residents direct access to the beach and stunning sea views. The development is located in the tranquil Green Cape area of Batumi, adjacent to lush botanical gardens, providing a serene environment while still being close to the city’s amenities. The complex comprises a 15-story building with a total of 616 apartments, including studios, 1+1, and 2+1 units. The architecture blends modern design with functionality, featuring high-quality materials and finishes. Construction is expected to be completed by December 2026, with a significant portion of units already sold.
With prices starting from €90,000 and an expected annual return on investment of up to 10%, Next Collection presents a compelling opportunity for both local and international investors. The combination of a prime beachfront location, high-quality construction, and a range of amenities makes it an attractive option for those looking to invest in Batumi’s growing real estate market.
Wyndham Residences Gonio
Wyndham Residences brings the full infrastructure of an internationally managed 5-star branded residence to the Gonio coastline. Units are fully furnished and serviced by Wyndham Hotels and Resorts, one of the largest hotel groups in the world with over 9,000 properties across 95 countries. Owners benefit from professional hotel-grade rental management, consistent guest standards, and the booking power of the Wyndham brand — which places their unit in front of millions of potential guests through Wyndham’s own reservation system rather than relying solely on Airbnb or Booking.com. The combination of branded management, sea views and the Gonio ecological zone location makes this one of the most straightforward hands-off investment options in the market. Prices from $110,000 or $2,900 per m² fully furnished. Exclusive discounts available through our partnership.
Radisson Blu Gonio with Casino
Radisson Residences occupies a prime position on Gonio’s coastline and brings one of the world’s most recognisable hotel brands into the Georgian residential market. Developed by Next Group in partnership with Radisson Blu, the project delivers sea-facing apartments with luxury finishes, resort amenities and full hotel management — meaning owners generate rental income through Radisson’s management infrastructure rather than self-managing. Radisson Blu operates over 300 hotels globally and the brand recognition drives premium occupancy rates and nightly prices that a standalone residential building simply cannot match. For buyers who want a genuinely passive investment in a branded 5-star building on Georgia’s cleanest coastline, Radisson Residences is the benchmark. Prices from $120,000 or $3,000 per m² fully furnished. Our clients receive exclusive price reductions not available through standard channels.
Next Gardens Apartments in Kvariati
Next Gardens is one of Next Group’s flagship projects in Batumi, located just 30 meters from the beach in the prestigious Kvariati area. The complex offers residents stunning views of both the Black Sea and the Adjara mountains, combining tranquility with easy access to Batumi’s amenities. The development consists of two modern buildings, 14 and 16 floors high, built with durable monolithic frame technology. Inside, apartments range from studios to two-bedroom units, all designed for comfort and modern living.
Residents enjoy a wide range of amenities including rooftop and outdoor swimming pools, fitness center, sauna, co-working spaces, underground parking, a landscaped olive garden, and rooftop restaurants and bars. Prices start from $54,000 with interest-free installment plans available until 2027, making it attractive for both living and investment. Expected annual returns on investment can reach up to 12%, highlighting its strong potential for local and international buyers.
This project perfectly blends luxury, convenience, and investment opportunity. Through our team, you can secure exclusive discounts on available units and receive guidance throughout the buying process, including remote purchases from anywhere in the world.
Next Address – Alley of heroes Batumi
Next Address is Next Group’s most ambitious project in Batumi — three towers of 29, 38 and 47 floors rising on Tbel Abuseridze Street in the heart of the city, just 700 metres from the Black Sea and steps from the Alley of Heroes, Dancing Fountains and Batumi’s main boulevard. The scale alone sets it apart: this is not a boutique residential building but a full mixed-use city development, with the first five floors dedicated to retail, offices, a high-end restaurant, lounge, pharmacy and concierge — everything a resident needs without leaving the building. Upper floors deliver studios through to three-bedroom apartments across all three towers, each with private balconies, panoramic glazing and city or sea views, available in white frame or fully turnkey condition.
The amenity package includes an outdoor heated swimming pool, fitness centre, spa, children’s play zone and underground parking. Completion is scheduled for Q4 2028, with prices starting from $62,264 and payment plans available from a 15% deposit spread over up to 45 months at 0% interest. Central Batumi property prices are projected to grow 10 to 15% per year according to Next Group’s own analysis, with rental yields of 7 to 11% annually after completion driven by year-round demand from tourists, business travellers and long-term tenants. Contact us for current pricing and availability through our official Next Group partnership.
NEXT Group Projects in Tbilisi
Next Group is also building in the capital of Georgia, Tbilisi. Below are the newest projects under construction in Tbilisi.
Tbilisi Downtown by Next — Capital City Investment
Tbilisi Downtown is Next Group’s first branded residence in Georgia’s capital, located in Avlabari — one of Tbilisi’s oldest and most characterful historic districts, minutes from the Old City, the Mtkvari River and the city’s main cultural landmarks. The project consists of three five-floor buildings across a 5,000m² site, delivering 700 apartments ranging from studios to two-bedroom units between 37m² and 115m², available in white frame, finished renovation or full turnkey condition. Amenities include a fitness centre, swimming pool, spa, restaurant, green garden, library, business lounge, underground parking and 24-hour security with concierge. Tbilisi’s property market is growing at 8 to 15% per year with no price decrease forecast for 2026 according to Colliers, and Avlabari’s proximity to the business centre and Old City makes it one of the strongest locations for long-term rental demand from expats and business tenants. Projected annual rental yields run from 7 to 11% after completion in March 2028, with 0% interest payment plans available. Contact us for exclusive discounted pricing through our official Next Group partnership.
Tbilisi Oriental by Next — Riverside Landmark in Ortachala
Tbilisi Oriental is Next Group’s most architecturally striking project to date — a 21-floor high-tech tower on the banks of the Mtkvari River in Ortachala, designed in an exposed concrete, iron and glass style inspired directly by the industrial heritage of the nearby Ortachala Hydroelectric Station. The building sits at the intersection of Tbilisi’s left and right banks, delivering 360-degree views over the Old City, the river and the surrounding hills from every upper floor apartment. Studios start from $83,904 and two-bedroom units from $119,025 at $2,250 per m² in white frame, with the complex featuring ground floor retail, a riverside restaurant with outdoor seating, wellness and gym zones on the first floor, 63 underground parking spaces and offices alongside residential apartments — a fully self-contained mixed-use community rather than a standalone residential tower. Ortachala property prices are projected to grow 11 to 16% per year as urban infrastructure expands in this corridor, with a combined 5-year ROI of up to 95% projected by Next Group combining construction-phase appreciation and rental income after the June 2029 completion. Cryptocurrency accepted. Contact us for current availability and pricing.
NEXT Group projects in Dubai, Spain & Kenya
Next group are also building project in Dubai, Spain & Kenya, more on this below.
Next Villas Dubai is the company’s premium villa offering in one of Dubai’s fastest growing residential communities — Damac Hills 2. The project brings Next Group’s design philosophy to the UAE market with a collection of villas built around a fusion of modern elegance and natural materials, positioned for buyers who want a private, self-contained home rather than an apartment in a tower. Prices start from $700,000 with projected annual returns of up to 9%, reflecting Dubai’s status as one of the most liquid and internationally recognised property markets in the world. For investors who already own or are considering a Next Group property in Georgia, Dubai Villas offers a straightforward way to diversify into a second market with a developer whose delivery record and quality standards you already know. Contact us for availability and pricing on current units.
Villa Perla by Next — Marbella, Spain
Villa Perla is Next Group’s European flagship — a collection of luxury villas in Marbella, Spain, on the Costa del Sol. The design takes its cue from the surrounding coastline, with a wave-inspired architectural language and a pearl motif integrated into the structure itself. Panoramic views stretch across the African and Spanish mountains and out toward the UK on clear days — a perspective that is unique to Marbella’s elevated coastal position on the southern tip of Europe. Marbella is one of Europe’s most established luxury property markets with consistent demand from buyers across Northern Europe, the Middle East and the Americas, giving Villa Perla strong long-term resale and rental appeal far beyond the Georgian or UAE markets. For Next Group buyers looking to add a European asset to their portfolio with the same developer trust they have built through projects in Batumi or Gonio, Villa Perla is the natural next step. Contact us for details.
Next Amani — Tatu City, Nairobi, Kenya
Next Amani is Next Group’s most adventurous project to date — a premium apartment complex inside Tatu City, one of Africa’s most ambitious planned urban developments located on the outskirts of Nairobi, Kenya. The project sits in a safe, gated community close to the international Crawford School, a safari area and one of Nairobi’s most photographed natural landmarks, with sunshine across 320 days of the year and green landscapes built for outdoor living. Kenya’s real estate market is growing rapidly as Nairobi establishes itself as East Africa’s primary business hub, and Tatu City specifically is attracting international investment from companies and residents who want a modern, master-planned environment rather than the congestion of the city centre. For investors who want genuine frontier market exposure within a developer portfolio they already trust, Next Amani represents an entry point into one of the continent’s most compelling growth stories at a price level that will not be available once the development matures. Contact us for current pricing and availability.
NEXT Group Batumi Renovation Quality
Based on personal experience, the renovation quality that Next Group delivers is not at the level you would expect for the price being charged. My friends and I have had to call their team back after handover to fix issues that their renovators caused — things that should have been caught before the keys were handed over. The materials used on-site feel average in practice, despite being marketed as premium. If you are buying a turnkey unit, go in with realistic expectations and plan to do a thorough inspection at handover, because the finishing may not match the showroom standard.
NEXT Group Construction Delays
Delays have been a consistent pattern across multiple Next Group projects, not an isolated incident. Wyndham Residences is currently running approximately two years behind its original schedule. Next Collection has also experienced a delay of roughly two years. Next White, one of their earlier projects, was similarly delayed before completion. For buyers, this means the projected rental income calculations and return timelines need to be stress-tested against a realistic scenario where your unit is delivered significantly later than the date stated in the contract.
My NEXT Group Developer Review 7/10
I have personally invested with Next Group twice, and both times the financial returns were strong — 100% profit on my Next White studio and over 90% on my Wyndham Residence unit. Those numbers are real, and they matter. But an honest review cannot stop there, because several serious issues bring the overall score down considerably.
Construction delays are substantial and systemic. Wyndham Residences, Next Collection, and Next White have all been delayed by around two years each. This is not a one-off project management issue — it is a pattern. For investors who purchase off-plan with return calculations tied to a specific handover date, a two-year delay fundamentally changes the investment case and the opportunity cost of your capital.Turnkey renovation is priced at approximately 100% above market rates. If you choose the turnkey option, you are paying roughly double what you would pay a local contractor for comparable work. Given the renovation quality concerns noted above, this premium is hard to justify.
Delay compensation is not being paid as per contract. Most purchase contracts include provisions for compensation when a developer misses handover deadlines. In practice, buyers are not receiving this compensation, which means the contractual protection that buyers assume they have is not functioning as written.
The renovation quality underdelivers relative to the price. Materials are average rather than premium, and multiple buyers — myself and my friends included — have had to bring workers back to fix issues after handover.
Taking everything together: the returns on my own investments were genuinely good, and Next Group is a serious developer that completes its projects, which is more than can be said for many competitors in this market. But the pattern of multi-year delays, above-market turnkey pricing, non-payment of delay compensation, and renovation quality that falls short of what is advertised means this is not the frictionless investment experience that the marketing suggests. We score Next Group 7 out of 10 — capable of delivering strong returns, but with enough operational problems that buyers need to go in with clear eyes and conservative timelines.
Guaranteed Income Projects📈
Looking for a property with a guaranteed rental income contract for up to 10 years? Only a handful of developments in the world offer this — and we have access to them right here in Georgia. Get in touch today, it’s completely free.
