OVAL Hotel — Batumi beachfront landmark
Batumi · Georgia · Delivery 12/2027

OVAL
Hotel

Alley of Heroes · Beachfront · 42 Floors
Managed by Royal Tulip · Louvre Hotels Group · 5-Star

Award-winning beachfront residences on Batumi's prime boulevard.
Passive income. Five-star management.

Discover

Project Overview

Beachfront Living,
Five-Star Returns

Rising 42 floors above Batumi's celebrated Alley of Heroes, Oval Hotel is a landmark tower of 332 residential apartments and 80 hotel rooms — all positioned just 200 metres from the Black Sea. Every unit is managed by Royal Tulip, part of the prestigious Louvre Hotels Group, delivering a fully passive income stream with institutional-grade hospitality operations.

The total project investment exceeds $160 million, underscoring the scale and seriousness of the development. Oval is the largest hospitality investment project on Alley of Heroes — a distinction that translates directly to superior occupancy rates, commanding daily rates, and the most sought-after address in Batumi's core tourism district.

Recognised by Luxury Lifestyle Awards 2024 and Forbes as one of the Best Investments in Europe 2025, Oval Hotel represents the convergence of world-class location, award-winning design, and a proven operator delivering 10–14% expected annual net returns for investors.

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OVAL Hotel exterior render — Batumi beachfront
Developer
Metropol Group
Floors
42 Floors, 332 Units
Location
Alley of Heroes — Beach 200m
Delivery
12/2027
Hotel Mgmt
Royal Tulip 5-Star
Expected ROI
10–14% Expected*
Investment
$160M+ Total Development

Location

The Prime Address
on Alley of Heroes

Alley of Heroes is Batumi's most coveted coastal strip — a tree-lined promenade linking the city's cultural landmarks, entertainment venues, and the Black Sea beachfront. Oval Hotel holds the dominant position on this boulevard as the largest investment project on the entire stretch.

With 200 metres to the beach, three minutes to Batumi Arena, and ten minutes to the international airport, no other address in Batumi combines tourism infrastructure, sea proximity, and urban connectivity at this level.

Boulevard
200
metres
Beach
5
min walk
Batumi Arena
3
min drive
Airport
10
min drive
Old Town
10
min drive

Amenities

Curated for Five-Star Living

Every facility within Oval Hotel is designed, staffed, and operated to Royal Tulip's exacting five-star standards — ensuring that resident and guest expectations are consistently exceeded.

Royal Tulip Hotel Management
Outdoor Swimming Pool
Modern Fitness Center
Restaurant & Café
Cinema Hall
Wine Bar (Enoteca)
Open Panoramic Terrace
SPA & Wellness Center
24/7 Reception & Concierge
Landscaped Terraces
Parking
Security

Recognition

International Acclaim

Independent validation from the world's most authoritative real estate and business publications confirms what our investors already know — Oval Hotel is in a category of its own.

Luxury Lifestyle Awards · 2024
Best Luxury Apartment Hotel in Georgia

Oval Hotel received the prestigious Luxury Lifestyle Award 2024, recognising Metropol Group's commitment to world-class hospitality standards and exceptional resident experience. The award affirms Oval's position as Georgia's premier hotel residence investment.

Forbes Recognition · 2025
Best Investment in Europe

Both Oval and Cube projects by Metropol Group were recognised by Forbes as among the best investments in Europe for 2025, validating the exceptional location, quality, and return potential. Institutional-grade credibility at retail investor pricing.

Film

Experience Oval Hotel
in Motion

Investment Case

Why Oval Hotel Outperforms

The convergence of Batumi's fastest-growing tourism market, a premier beachfront location, and award-winning five-star management creates a uniquely compelling investment opportunity delivering 10–14% expected net annual returns.

10–14%
Expected Annual ROI*
42
Floors · 332 Units
+45%
Capital Growth 2026–2030
$9,873
Studio Annual Yield
01
Beachfront Address

The only 42-floor hotel tower with direct beach access on Alley of Heroes. 200 metres to the Black Sea. The most sought-after location in Batumi's core tourism district — commanding premium daily rates and superior occupancy year-round.

02
Five-Star Management

Royal Tulip (Louvre Hotels Group) handles all operations — from guest services to revenue management and maintenance. Investors enjoy fully passive income with the option to personally use their unit for up to 60 days per year.

03
Award-Winning Project

Luxury Lifestyle Awards 2024 winner. Forbes-recognised as Best Investment in Europe 2025. Institutional-grade credibility at retail investor pricing — a combination that drives early demand and underpins long-term capital growth.

Expected returns are based on current market data and operator projections. Past performance and market forecasts do not guarantee future results. Investors should conduct independent due diligence. Capital appreciation estimates reflect indicative market trends for the 2026–2030 period.

Residences

Choose Your Investment

Three residence types — each managed by Royal Tulip, each delivering passive income from day one of hotel operations. Reservation from just $2,500 secures your unit.

Studio
Studio Residence
From 32.5 m²
Starting Price
from $85,000
Unit Profile
Open-plan studio layout. Sea or city views available. Full Royal Tulip hotel fitout and furnishings. Ideal entry-level investment with the highest yield-to-price ratio.
Est. Annual Rental
~$9,873
1 Bedroom
One-Bedroom Suite
From 61.7 m²
Starting Price
from $120,000
Unit Profile
Generous one-bedroom layout with separate living area. Balcony options available. Fully managed under Royal Tulip standards with premium in-room amenities and panoramic views.
Est. Annual Rental
~$15,750
2 Bedroom
Two-Bedroom Residence
From 60 m²
Starting Price
from $175,000
Unit Profile
Spacious two-bedroom residence ideal for extended stays and premium rental yields. Dual-aspect layouts with Black Sea views. Full Royal Tulip management and concierge services included.
Inquire for Yield
On Request

Payment Plan

Structured for Every Investor

Oval Hotel offers flexible payment structures designed to minimise upfront capital commitment while maximising investment upside. Reserve your unit today from just $2,500.

Step 01
$2,500
Reservation

Secure your chosen unit with a $2,500 reservation fee. This locks your unit and price while documentation is prepared. Fully credited toward your total purchase.

Step 02
85%
15% Down + 70% Installments

Pay 15% as an initial down payment upon contract signing. The remaining 70% is paid in flexible installments through to December 2027 — aligned with construction milestones. Freehold title transfers at 40% paid.

Step 03
15%
Final Payment on Delivery

The final 15% is due upon handover in 12/2027. At this point, full title and possession transfer to you, and Royal Tulip hotel operations commence — generating your rental income immediately.

0% Down Payment Options Available
Qualified buyers may be eligible for a 0% initial down payment structure. Speak with a Covalent Bond advisor to determine your eligibility and review all available payment configurations. Payment terms are indicative and subject to developer confirmation at point of reservation.

FAQ

Frequently Asked Questions

What makes Oval different from other Batumi projects?
Oval is the largest investment project on Alley of Heroes, the only 42-floor tower with direct beach access and 5-star Royal Tulip management — no other project in Batumi combines these three elements. This trifecta of scale, location, and operator quality places Oval in a category entirely of its own, driving superior occupancy, daily rates, and long-term capital appreciation.
What are the rental income projections?
Based on Batumi's current tourism market and Royal Tulip's operational benchmarks, studios generate approximately $9,873 per year and one-bedroom units approximately $15,750 per year in net rental income. These figures represent 10–14% annual net ROI. All rental operations are managed entirely by Royal Tulip — investors receive their returns passively without any management responsibility.
Can I choose my payment structure?
Yes. The standard plan is 15% down payment at contract signing, followed by 70% in installments through December 2027, with the final 15% due upon delivery in 12/2027. Additionally, 0% down payment options are available for qualified buyers. Our advisors will work with you to identify the most suitable structure for your financial profile and investment goals.
When do I receive freehold title?
Freehold title is transferred once you reach the 40% payment milestone — well ahead of project completion. Georgian law fully protects and recognises foreign property ownership with the same legal standing as Georgian citizens. The title registration process is straightforward and typically completed within a few business days at the Public Service Hall.
What taxes will I pay as a foreign investor?
Georgia imposes 0% property tax and 0% rental income tax for non-resident foreign investors — one of the most favourable tax regimes for real estate investors anywhere in Europe or the former CIS. There is no capital gains tax on property held beyond two years. This extraordinary tax efficiency means your quoted returns are genuinely net returns, not pre-tax projections.
Secure Your Position

Begin Your Oval Hotel
Investment Today

Reserve your beachfront residence from $2,500. Studios from $85,000. 10–14% annual net returns managed by Royal Tulip. Our advisors will guide you from inquiry to title transfer.

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