History
Founded in 2018, Next Property delivered Villa Perla, Villa Blu and develops a premium range in Kvariati and Gonio. Export-focused multilingual distribution.
Premium developer
Next Property: Batumi's boutique premium
Next Property plays the boutique premium card against mass-market towers: human-scale communities, Italian design, furnished delivery.
Main city
Batumi
Founded in
2018
Projects
6
Delivered units
900
Under construction
1200
Leadership
- Next Property leadershipExecutive committee
Financial health
Young group, balance sheet less established than legacy players. Recent deliveries generally on schedule. Verify progress project by project.
Reputation
Positive investor feedback on delivered projects. Design and finish quality highlighted. Prices above seafront average.
Pros
- +Differentiating premium design
- +Quality Gonio/Kvariati locations
- +Furnished delivery
- +Transparent investor communication
Cons
- −Short track record (under 10 years)
- −High prices for the area
- −Limited volumes
Frequently asked questions
+Does Next Property deliver projects on time?
Next Property has a delivery record broadly in line with announced schedules, with occasional 3-to-9-month delays on specific projects. We always verify permit status, site progress and financial health before any reservation.
+Can I buy from Next Property remotely?
Yes. Reservation is signed via notarised power of attorney from your country. International wire is standard and our team handles the Public Registry filing without requiring your travel to Georgia.
+What warranty does Next Property offer?
The Georgian statutory builder warranty applies (10-year structural, 2-year finishes). Next Property typically adds a dedicated after-sales service for foreign buyers, with English and Russian support.
+Can I finance a purchase from Next Property with a Georgian bank?
TBC Bank and Bank of Georgia lend to non-residents with 30-40% down payment, indicative USD rate 8-11%. Next Property also offers in-house payment plans over 12-36 months, interest-free during construction.
+Does Next Property offer a rental management service?
On aparthotel and select premium projects, in-house or delegated rental management is offered at 20-25% fees. On purely residential projects, an external operator is required.
Independent profile written from public sources (Georgian Public Registry, developer reports, industry press) and our own field experience. Not sponsored by the developer named.