OXY Residence Batumi
Get in touch for a free consultation and we’ll find you a the best investment for your budget. Most buyers we tell this to wish they had known sooner.
We live and invest in Batumi ourselves. As an official partner of Georgia’s top developers, we offer the same official prices and assist our clients with rental management, renovations, and residency permit approvals.
Yes — we handle the entire process remotely. Most clients complete their paperwork within 24 hours, with title registered in your name at the Georgian Public Registry once the deposit clears. Passport is all you need to start.
OXY Residence Batumi — FAQ
Off-plan apartments at OXY Residence Batumi — inside a working 4-star Occidental (Barceló) hotel, 300m from the beach. 0% payment plan, buy remotely with crypto.
How much do apartments at OXY Residence cost?
OXY Residence is priced by construction stage, not by a fixed list. Like most off-plan projects, the developer raises prices at each construction milestone, so the entry price today is not the entry price in a few months — which is precisely why early-stage buyers capture the most appreciation before completion. Because the numbers move, we don’t publish a figure that will be out of date within weeks; instead we send the current developer price list, unit by unit, the day you ask.
What we can tell you upfront: OXY enters at a lower price per square metre than other Barceló-affiliated projects in Georgia (more on why below), studios are the most accessible entry point, and as an official ELT Building partner we access discounts and cashback below the public list — at no cost to you. Message us for this week’s live pricing and availability.
What unit types and sizes are available at OXY Residence?
OXY Residence offers three configurations. Studios (from roughly 30m²) are the most accessible entry point and, in Batumi’s current market, the format with the strongest short-term rental yield relative to purchase price — ideal for short-stay guests who prioritise location and building quality over floor space. One-bedroom apartments (from roughly 49m²) suit couples, small families and medium-stay guests who need a separate sleeping area, and tend to earn stronger long-stay and digital-nomad income.
Two-bedroom apartments (from roughly 74m²) are the premium option for buyers who want the largest unit in the building or plan to use it personally while keeping it in the rental programme. All units are delivered in white frame as standard, giving you control over the finish, with turnkey renovation available if you’d rather receive it rental-ready. Whatever the size, every unit is served by the Occidental Hotel’s infrastructure on the lower floors.
What payment plan does OXY Residence offer?
OXY Residence is sold on a 0% interest developer payment plan — no bank, no mortgage, no interest, and no penalty for early repayment. You pay an initial deposit, then spread the balance across the construction period in instalments, so your capital goes in gradually while the property appreciates during the build. For many European buyers the monthly commitment lands in the same territory as a rent payment — the difference being that every instalment builds equity in a 4-star hotel-managed asset rather than going to a landlord.
Because we hold a direct official partnership with ELT Building, we can often customise the schedule around your situation — adjusting the deposit and instalment structure to fit your income pattern and timeline, something a standard agency can’t do. Cryptocurrency (Bitcoin and USDT) is accepted alongside bank transfer. Terms shift as the project moves through construction, so message us for the exact plan available on your chosen unit right now.
Is OXY Residence a good investment?
OXY Residence’s investment case rests on three drivers rather than a single promised number. First, appreciation during construction: as an early-stage project, its price rises at each construction milestone, so buyers who enter early capture the gap between today’s stage-priced entry and completed-unit values. Second, rental strength from the hotel structure: units sit above a functioning 4-star Occidental Hotel, and guests filter Airbnb and Booking.com for exactly the pool, gym, spa and concierge that Occidental staff and maintain to hotel standard — which lifts both occupancy and nightly rate versus an ordinary residential block.
Third, year-round demand from the airport: at 1km from Batumi International, the building draws crew, transit and business guests whose bookings don’t vanish in winter, smoothing the seasonal dip that hits city-centre units. Actual yield depends on the specific unit, floor, view and how it’s managed — so rather than quote a headline percentage that won’t match your apartment, we model a realistic projection for the exact unit you’re considering, and we’re always clear about what is a contractual guarantee versus a projection.
Why is OXY Residence cheaper per m² than other Barceló projects in Georgia?
OXY Residence enters at a lower price per square metre than other Barceló-affiliated off-plan projects in Georgia, and the reason is straightforward rather than a red flag. Two factors drive the gap. First, timing: OXY is at an earlier point in its construction cycle, and the earlier the stage, the more aggressively a developer prices units to generate pre-sale cash flow — the discount you see is the early-stage discount, and it narrows at each construction milestone. Second, brand tier: the hotel on the lower floors is a 4-star Occidental, which sits one tier below the full 5-star Barceló flag and below the Wyndham and Radisson 5-star residences in Gonio — a genuine difference that accounts for part of the gap.
What you’re buying is a Barceló-group-serviced building at an entry point well below comparable branded stock, at the stage of its life where the appreciation runway is longest. That combination is the core of the OXY investment thesis.
Can foreigners buy at OXY Residence?
Yes — and buying into OXY Residence specifically gives international buyers something beyond just Georgian freehold ownership. You are buying into a building managed by Occidental Hotel, a 4-star brand under Barceló Hotels, which means your asset sits within an internationally recognised hospitality framework. For buyers from the EU, Middle East or CIS who may eventually want to resell, the Barceló brand adds an internationally understood quality signal that makes OXY Residence easier to market to future buyers than a standard residential building. Georgia itself imposes zero restrictions on foreign ownership — no residency, no local partner, no minimum investment. The purchase is completed remotely with just a passport and signed contract. We manage all documentation and registration on your behalf. Bitcoin and USDT are accepted.
What is the Occidental Hotel concept at OXY Residence?
OXY Residence is built around a concept that sets it apart from other off-plan projects on the New Boulevard: the first four floors operate as a fully functioning 4-star Occidental Hotel — a brand owned by Barceló Hotels & Resorts, one of the world’s largest hospitality groups, with hundreds of hotels across more than twenty countries. The apartments above aren’t simply located over a hotel; they’re serviced by it. The same team handling check-in, housekeeping, concierge and restaurant service for hotel guests below is available to residential owners above, so hotel-standard service is woven into everyday living rather than being a separate amenity you occasionally visit.
For rental investors this is the key advantage: your unit sits above a branded hotel with its own global booking infrastructure, driving footfall, occupancy and income for the whole building in a way a standalone residential block simply can’t replicate. Occidental isn’t a local management company — it’s an international hotel brand that appears in booking engines alongside the names guests already trust.
What amenities do OXY Residence owners get access to?
OXY Residence isn’t a standard apartment building with a gym bolted on — the amenities are designed, staffed and maintained to Occidental’s international hotel standard, because they belong to a working 4-star hotel operation. As an owner you get access to the pool, gym and spa not as a resident’s perk but as part of a hotel-grade facility. That distinction matters commercially: the difference between hotel-operated and building-managed amenities is visible to guests, and pool, gym and spa are exactly the filters travellers apply when searching short-term rentals — so having all three under hotel management puts your unit in the top tier of Batumi’s rental market from day one. Beyond the hotel floors, the wider ELT Quarter adds co-working space, landscaped gardens, 24-hour security, concierge, and on-site retail and cafés — all within a few hundred metres of the beach, so neither you nor your tenants ever need to leave the quarter for daily needs.
What is ELT Quarter, and why does it matter for value?
ELT Quarter is a 7-hectare master-planned district on Batumi’s New Boulevard, conceived and built entirely by ELT Building — and OXY Residence sits inside it. Unlike a standalone tower dropped onto an empty plot, ELT Quarter is already a functioning neighbourhood: completed and occupied buildings, live amenity infrastructure, beach access, retail and café life, with over 300,000m² of space already completed and more under construction. This matters for long-term value because districts with consistent single-developer investment and coordinated amenity planning hold value better than isolated buildings surrounded by mixed-quality development.
When one developer commits to the street-level retail, the public realm and the character of a whole block, they create a self-reinforcing quality zone that lifts every asset within it — and buyers in the earlier ELT Quarter buildings have seen their investment supported by each project added since. OXY, as the Occidental-branded and most premium addition to the quarter, signals both ELT’s confidence in the district and the quality standard they’re setting. You’re buying into an established address with real residents and real rental demand, not a speculative masterplan.
Where is OXY Residence located?
OXY Residence sits on Adlia Street in Batumi’s New Boulevard district — 300 metres from the beach, roughly 5km from the old-town centre, and just 1km from Batumi International Airport, one of the most arrival-friendly positions in the city for guests flying in from Europe, the Middle East and across the CIS. A supermarket is a couple of minutes away, the immediate streetscape is surrounded by 5-star hotels that lift the perceived value of every unit around them, and the beach and boulevard are on the doorstep.
The wider context is what makes the address compelling: the New Boulevard is absorbing the largest wave of foreign capital in Batumi’s history — UAE developers EMAAR and Eagle Hills have committed billions to the region, a multi-billion-dollar artificial island is under construction just north of the city, and Georgia posted record tourist arrivals in 2025. OXY is positioned at the centre of that activity, inside a developer quarter with hundreds of thousands of square metres already completed and occupied behind it.
Who is the developer behind OXY Residence, and can they deliver?
ELT Building was established in 2017 as the development arm of ELT Group, which has been active in Georgia’s market for around 18 years. In under a decade as a developer it has completed roughly ten projects — every one in Batumi, every one delivered on schedule and now occupied — spanning the full range from early foundational buildings to premium amenity-led residences on the New Boulevard. For a foreign buyer purchasing remotely, “will the developer actually deliver?” is the most important question of all, and ten finished, occupied buildings in the same city answer it more convincingly than any promise. The strongest external validation, though, is the Barceló partnership: securing a brand like Barceló Hotels requires meeting their own standards for construction quality, financial stability and execution before a single unit is sold — Barceló doesn’t lend its name to developers who can’t demonstrate that. OXY is ELT’s second Barceló-linked project, meaning the group assessed ELT’s performance once and chose to extend the relationship. ELT Group has also taken a “Leader of the Year” award three years running. That track record is the practical foundation the whole OXY case rests on.
When will OXY Residence be completed?
OXY Residence is scheduled for completion in 2028, which — as the latest-stage project of its kind in our portfolio — gives buyers entering now the longest remaining appreciation runway and the most time to spread payments across the construction period. Construction is actively progressing, and because “off-plan” understandably raises the question of whether a building will actually rise, we keep dated construction photos on this page and update them as the build advances, so you can see real progress rather than rely on marketing renders. If you’d like the most recent site photographs and a construction-stage summary before deciding, we’ll send them directly. ELT Building’s record of delivering every one of its Batumi projects on schedule is the practical backdrop to that 2028 timeline — and your contract specifies the delivery date with provisions covering your position in the event of any delay.
Can foreigners buy at OXY Residence, and when do I become the legal owner?
Yes — Georgia places zero restrictions on foreign property ownership: no residency requirement, no local partner, no minimum, and full freehold title in your own name. What’s specific to OXY is the ownership timing. Under Georgian law your title registers with the National Public Registry once 30% of the purchase price has been paid — and because that threshold can be reached early in the OXY plan, you can become the registered legal owner of a unit inside a 4-star hotel building well before construction is complete. From that moment you hold a state-issued ownership certificate that is permanent, inheritable and internationally recognised; Georgia’s registry has run on blockchain since 2017, so your record is tamper-proof and publicly verifiable online. Your ownership is legally independent of construction progress or your remaining payment balance. And because the building carries an internationally recognised Barceló-group brand, that title is easier to resell or refinance to an international buyer later than a title on an unbranded block.
Can I buy OXY Residence remotely?
Yes — the entire OXY Residence purchase can be completed without setting foot in Georgia. All that’s required from you is a passport copy and a signed purchase agreement with ELT Building; we handle document preparation, legal verification and National Public Registry title registration on your behalf, using a power of attorney with our Georgian legal partners wherever physical presence would otherwise be needed, at no extra cost. Before you commit, we send unit-level detail, current construction documentation and real photographs of the ELT Quarter so your decision rests on verified information, not renders. Payment is by international bank transfer or cryptocurrency — Bitcoin and USDT are both accepted, and crypto works for the deposit just as easily as a wire, which makes OXY one of the more crypto-accessible projects we handle. From first enquiry to a signed agreement typically takes just a few days. We then coordinate your payment schedule and send construction updates through to completion — so you’re represented throughout, not left alone after the sale.
What are the risks of buying off-plan at OXY Residence — and how am I protected?
The honest answer is that off-plan carries two real risks, and it’s worth naming them rather than pretending they don’t exist. The first is delay — construction timelines can move; your protection is a contract that specifies the delivery date with provisions covering your position if it slips, plus a developer whose track record is delivering every Batumi project it has started. The second is developer risk — the worry that a builder can’t finish; here the strongest safeguards are ELT’s ten completed buildings and the Barceló partnership, which no international hotel group grants without first vetting the developer’s finances and execution. Georgian law works in your favour too: your title registers once 30% is paid, so you become the legal owner of the asset early — your ownership is not hostage to the remaining build. What we add is independent contract review before you pay anything: we go through every clause, flag anything one-sided, and separate what is contractually guaranteed from what is merely projected, so you commit with clear eyes. Off-plan isn’t risk-free — but at OXY the risks are identifiable and, with the right representation, manageable.
Can OXY Residence help me get Georgian residency?
Owning property in Georgia can support certain residency applications, and it’s one of the reasons buyers from the CIS and Middle East look at OXY specifically. Georgia offers property-linked residency routes where ownership above a qualifying value can underpin an application, and as a registered owner of an OXY unit you’d hold exactly the kind of state-registered, verifiable title those applications rest on. The rules, qualifying thresholds and documentation change from time to time and are assessed case by case, so rather than quote a figure that may be out of date, we walk you through the current requirements and, where it fits, help coordinate the application alongside your purchase. Residency setup is part of what we assist clients with — tell us your situation and we’ll tell you honestly whether an OXY purchase realistically supports the residency outcome you’re after.
Why buy OXY Residence through you rather than direct from the developer?
Going direct to ELT Building gets you a unit at the public developer price — with no independent guidance on which unit actually serves your goal, no contract review by someone working in your interests, and no representation through the years-long construction period. Our agency fee is paid by the developer, not by you, so buying through us costs the same as going direct — and often less, because our official ELT Building partnership gives us access to discounts and cashback below the public list. What you gain is independent unit-selection advice from a team that knows the building: which floors have the best views given the surrounding heights, which layouts have the strongest rental history in comparable ELT boulevard projects, and which resell most easily. We review every contract clause before you sign, coordinate your payment schedule, handle title registration, and send construction updates until completion. You’ll be in a multi-year relationship with this project — having knowledgeable representation throughout, at zero additional cost, is simply the sensible way to run a long-timeline off-plan investment. And because our whole reputation is built on being straight with buyers, we’ll tell you if OXY isn’t the right fit as readily as we’ll tell you if it is.
Our Customers
Bought sea view apartment in Batumi using payment plan. Thank you.
Anna S. (Moscow, Russia)
I didn’t even visit Batumi before investing, everything was handled remotely..
David M. (Dublin, Ireland)
Great service, helped me buy in Batumi & handled all documents. I Recommend.
Timur K. (Almaty, Kazakhstan)