Batumi Verified

Project guides

Dreamland Oasis

Dreamland Development · Chakvi · Resort mostly commissioned and operating

Factual profile

Dreamland Oasis is a resort-format residential complex in Chakvi, on the Black Sea coast about 9 km north of Batumi, developed by Sak Tur Kurort (founded 2007, Austrian-Georgian shareholders). The 13-hectare gated territory has been built out in phases since the early 2010s: 17 buildings are delivered and the on-site hotel, spa and restaurants operate year-round, while two buildings remain under construction. Building 15, the final 27-floor tower, is in sales with completion listed for Q1 2029. Apartments are sold turnkey — finished, furnished, with smart-home systems and electric underfloor heating — and an on-site management company offers rental operation for owners. Stated project investment exceeds $94 million toward a $300 million program.

Batumi Verified

Key facts

Prices from
Studios from approximately $95,600-$101,975 turnkey (about 35-41 m2); 2-room from ~$162,000; 3-room from ~$192,000 (korter.ge / batumi.estate, July 2026)
Price per m²
From ~$2,505-$2,729 per m2 turnkey depending on unit type; 4-room units up to ~$2,930/m2 (korter.ge, June 2026 update)
Completion
Building 15 (27 floors): Q1 2029 per current listings. Building 12: Q4 2026-2027. Block 13 completed Q4 2025; 17 buildings previously delivered; resort infrastructure operating.
Payment plan
20% down payment; interest-free installments up to 48 months (Building 15 schedule runs to December 2028); bank mortgage available via TBC Bank from 7.8%. Detailed terms provided on request by the sales office.
Building
Gated resort territory of ~130,000 m2 in phased build-out; 19 buildings total (3-27 floors), 17 delivered, 2 under construction. Building 15 is a 27-floor tower marketed with 338 apartments (studio to 4-room, ~35-120 m2), ~90% with sea views. Complex-wide totals stated by the developer as up to 1,800 apartments.
Rental management
An on-site management company (operator of the resort's hotel) offers rental management: it rents owners' apartments to tourists and shares the income with owners; owners retain the right to live in or use their apartments and complex infrastructure year-round. The revenue split percentage, fees, and utility/maintenance charges are provided by the sales office on request and are not published. Georgian rental income tax for individuals is 5%; resale after 2 years of ownership is exempt from capital gains tax.
Location
16 Batumi Street, Chakvi, Adjara — a coastal village ~9 km north of central Batumi (15-25 minutes by car); ~25-30 km from Batumi International Airport; beach 50 m from the complex; adjacent eucalyptus park; Chakvi is between Batumi and the Botanical Garden/Mtsvane Kontskhi area.
Amenities
500 m private equipped beach (50 m from buildings)3 outdoor pools + 1 indoor poolWater parkSpa and wellness center6 restaurants, cafes, bars, nightclubCinema and entertainment zone (billiards, kids center)Supermarket and boutiquesKindergartenTennis, padel, football, basketball, volleyball courts; gymEucalyptus park on territory4-level parking24/7 security, reception, medical pointOperating on-site hotel (Booking.com 8.1/10, 521 reviews)

Questions buyers ask

Who is the developer and what has it completed?

Sak Tur Kurort LLC (Dreamland Development brand), founded 2007 with Austrian (Albereta) and Georgian shareholders. At Dreamland Oasis it has delivered 17 buildings, with the resort, hotel, spa and restaurants in operation; Block 13 was completed in Q4 2025.

When will Building 15 be finished?

Current listings (korter.ge, July 2026) show Q1 2029 for the 27-floor Building 15; Building 12 is listed for Q4 2026-2027. Earlier sales materials had cited 2028, so confirm the contractual date and any delay provisions in writing.

What is included in the price?

Apartments are sold turnkey: full finishing, furniture, appliances, smart-home system and electric underfloor heating. Studios of ~35-41 m2 start around $95,600-$102,000.

What are the payment terms?

20% down with interest-free installments up to 48 months (Building 15's schedule runs to December 2028), or a TBC Bank mortgage from 7.8%. Exact schedules and missed-payment terms are issued by the sales office.

Can the apartment earn rental income?

Yes — the on-site management company rents units to tourists and shares income with owners. Independent 2025 data for the complex indicates roughly $60-80/night for a 2-bedroom with 70-85% occupancy in June-September and 20-30% in the off-season; request the current split and fee schedule in writing.

Can foreigners buy, and does it qualify for residency?

Foreigners can own apartments in Georgia freehold; remote purchase is supported and title registration takes 1-4 business days. Since 1 March 2026, Georgia's property-based residence permit requires $150,000 in combined appraised value.

Compiled from public sources and developer materials. Facts re-checked periodically; always confirm final terms in the purchase contract.

WhatsAppTelegram