About

Nite Development is the developer of NITE Residence in Chakvi (15 minutes from Batumi, 29 Memed Abashidze St). It is a low-density investment residential complex with a landscaped yard and recreation areas. Per the site: apartments from 61,250 USD, reservation from 1,000 USD, completion in Q4 2027, a 5–7 year payback and about 40% built; property value is expected to rise 40–50% after handover (prices have already risen 23%). Construction is approved by the municipality with a complete documentation package.