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.
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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.
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