OXY Residence in Batumi: the full project guide
Apartments above a hotel under the Occidental brand, OXY Residence on New Boulevard offers a payment plan with no down payment, up to 32 months, for a delivery announced in June 2028.
Apartments above a branded hotel
OXY Residence, developed by ELT Group, sits at 12 Adlia St, in the New Boulevard zone. The project offers apartments from 30 to 87 sqm above a hotel under the Occidental (Barceló) brand, with hotel services shared with residents. It is one of two projects in the New Boulevard zone within the Orven collection, alongside Olympus Residence.
This guide uses only the facts published on the project's Orven page. For the New Boulevard zone and the rest of the collection, see the Batumi destination page and Destinations.
The published facts
| Item | Detail |
|---|---|
| Developer | ELT Group |
| Address | 12 Adlia St, New Boulevard |
| Typologies | apartments 30 to 87 sqm |
| Hotel brand | hotel under the Occidental (Barceló) brand, services shared with residents |
| Sales progress | about 62% sold per the developer |
| Price | on request |
| Payment plan | 0% down, internal instalments up to 32 months |
| Delivery | June 2028 |
| Status | on plan |
What the Occidental brand pairing changes
OXY Residence stands apart from other New Boulevard projects through its direct pairing with a hotel under the Occidental brand, part of the Barceló group. The page states that residents share this hotel's services, without specifying the exact extent of that sharing (reception, upkeep, dining, amenity access): those details are confirmed with the developer before reserving. For what a hotel brand does and does not guarantee an owner, see our guide is a branded residence worth it?.
The developer states that about 62% of units are already sold, a figure that comes from the developer and does not guarantee actual availability at the time of your enquiry.
The payment plan: no down payment
The published payment plan asks for no down payment at reservation, with internal instalments proposed by the developer over up to 32 months. That is a different structure from Olympus Residence, which asks for 30% down upfront: OXY Residence therefore suits a buyer who prefers to spread the entire payment effort rather than commit a large sum immediately.
Since the entry price is not published, it is not possible to work out instalment amounts here: your adviser obtains the current rate by typology from the developer before building a precise plan.
A delivery horizon around 2028
Delivery is announced for June 2028, a longer horizon than Olympus Residence (2026) but shorter than projects such as Tonino Lamborghini Tower Batumi (2030). This horizon is worth weighing against your own investment timeframe, particularly if you are considering a resale before completion.
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Who this project suits
OXY Residence suits a buyer interested in the pairing with an international hotel brand and a no-down-payment plan, who is comfortable with a price not yet published and a medium-term delivery. A buyer who needs a firm price today to calibrate a budget will more naturally look at a project such as Olympus Residence, which already publishes its entry price at USD 62,000.
Comparing it with the other New Boulevard project
OXY Residence shares the New Boulevard zone with one other project in the Orven collection, Olympus Residence from Olympus Group. The two differ clearly: Olympus Residence publishes a firm entry price (USD 62,000) and a relatively near-term delivery in 2026, while OXY Residence offers a no-down-payment plan tied to a hotel under the Occidental brand, with a later delivery in June 2028 and a price still on request. A buyer who needs to know their exact budget from day one will find a clearer answer at Olympus Residence, while OXY Residence suits a buyer who prefers to defer any payment until the project is complete.
The size difference between the two is also worth noting: Olympus Residence runs to 1,167 apartments across two blocks, well above OXY Residence's scale, though the page does not publish a total unit count for OXY Residence itself. That difference is not necessarily an advantage either way, but it is a factor worth weighing when comparing the two projects side by side.
What to check before reserving
- Price by typology, not published: to be requested directly from the developer through your adviser.
- The detailed 32-month instalment schedule, not broken down month by month on the page.
- The exact extent of service sharing with the Occidental hotel (reception, upkeep, dining).
- Charges tied to this hotel pairing, to be specified by the developer.
- Title registration at delivery, through NAPR, and a contract review with a local lawyer.
Working with Orven
- Tell your adviser the typology you are after (30 to 87 sqm) and your budget.
- Your adviser asks the developer for the current price and the detailed 32-month schedule.
- You receive the available detail on service sharing with the Occidental hotel.
- You reserve once the price and schedule that suit you are confirmed.
Message Orven on WhatsApp at +971 52 776 1939 or by email at sales@orvenproperties.com for an update on OXY Residence.
FAQ
What is the entry price for OXY Residence? It remains on request. Your adviser gives you the current rate by typology.
Is a down payment required? No, the published plan asks for no down payment at reservation, with internal instalments up to 32 months.
What does the pairing with the Occidental hotel mean? Residents share the services of the hotel located within the same complex, according to the page. The exact extent of that sharing is confirmed with the developer.
Is OXY Residence already mostly sold? The developer states about 62% of units are sold. Your adviser confirms current availability by typology.
When will the project be delivered? Delivery is announced for June 2028, according to the developer's page.
ORVEN PROPERTIES
Talk to an Orven adviser
Leave your number: an adviser calls you back or replies on WhatsApp, in your language. No commitment.
Frequently asked questions
What is the entry price for OXY Residence?
It remains on request. Your adviser gives you the current rate by typology.
Is a down payment required?
No, the published plan asks for no down payment at reservation, with internal instalments up to 32 months.
What does the pairing with the Occidental hotel mean?
Residents share the services of the hotel located within the same complex, according to the page. The exact extent of that sharing is confirmed with the developer.
Is OXY Residence already mostly sold?
The developer states about 62% of units are sold. Your adviser confirms current availability by typology.
When will the project be delivered?
Delivery is announced for June 2028, according to the developer's page.
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