OXY Residence
About the project
A new ELT Group project in ELT Quarter, created with the Spanish chain Barceló Hotels. The first four floors will house a four-star Occidental hotel, a Barceló brand, with residential apartments above.
The apartments are also serviced by the hotel, so owners live in their own home with hotel service. The courtyard has a pool and lounge area.
Construction starts in spring 2026 and is planned to take three years. On sale are studios, one- and two-bedroom apartments of 30–87 m² with balconies, plus hotel rooms. Views of the sea, Adlia Street or the mountains.
Who it suits
For holidays
- A Black Sea resort city
- Hotel facilities on site, convenient for seasonal stays
To rent out
- The hotel format (Residences + Occidental 4★ hotel) suits short-term letting
Based on the property's characteristics. Send a request and we'll match it to your goal more precisely.
Layouts and prices
| Type | Size, m² | Price from |
|---|---|---|
| Studio | 30.4–71.7 | $37,240 |
| 1 bedroom | 35.6–74.3 | $49,784 |
| 2 bedrooms | 71.7–86.5 | $93,158 |
| Hotel room, turnkey | 34.4–86.5 | $85,900 |
Payment terms
Apartments cost $1,200–1,500 per m² depending on floor and view; hotel rooms are $2,500 per m² turnkey. Areas include the balcony. Ask our manager about instalment terms.
Amenities
Highlights
Developer
A Batumi developer and part of ELT Group. It is building ELT Quarter, a 7-hectare district of several complexes by the New Boulevard. Its projects include La Quinta by Wyndham, Sunrise, Rainbow, Sunset, Marina Club, Optima and Compact House.
Location: New Boulevard
The New Boulevard extends Batumi's seafront to the south, with a wide beach, modern seafront towers and a promenade along the sea. The old centre is a few minutes away by car or taxi.
Adlia St, ELT Quarter
Compared with similar projects
| Project | Area | Price from | Per m² | Completion | To the sea | Class |
|---|---|---|---|---|---|---|
| OXY Residence | New Boulevard | $37,240 | $1,200 | 2029 (planned) | — | Comfort |
| Marina Club | New Boulevard | $34,529 | $730 | Completed | — | Comfort |
| Status House | New Boulevard | $34,454 | $1,100 | Ask us | — | Comfort |
| Calligraphy Towers | Heroes' Alley | $30,450 | $1,050 | A & B ready, C 2026 | — | Comfort |