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AI Investment Summary

The developer's units at Al Mare Green are sold out. Yield and payback need the price of a specific resale home. Construction is ongoing, so the particular resale price and handover timing matter especially here.

Final score
SOLD OUT
60
Liquidity
60
Net yield
10.4%
Appreciation potential score
Exit score
24.8/100
ADR
70 $
Occupancy
46%
Annual net rent
9,870 $
Primary Strategy: Capital Growth

Overview

Al Mare Green (Midtown Group) Key benefits: 150m to the sea. 12-storey residential building. Black or white frame. Location: Makhinjauri, near Batumi. Tech: Monolithic-frame. Gasified. Amenities: Recreational area, children's playground, underground parking, reception. Units: Contact sales office for area and layout information. Finishes: black frame or white frame. Purchase terms: Contact sales office for pricing and options.

Project details

Sales status· Sold outConstruction status· Under constructionDelivery· 2027

Finish options

Black frameWhite frame

Construction technology

Monolithic frame

Elevators

Yes

Infrastructure

Recreational areaChildren's playgroundPlayground

Parking

Underground

Security & Safety

Reception

Utilities

Gas
Layouts
Layouts are not published for this project yet.
Location

Green Cape: A Peaceful Residential Retreat Surrounded by Nature

Located north of Batumi, close to the Botanical Garden, Green Cape is known for its lush natural surroundings, low-rise architecture and tranquil atmosphere. With many buildings limited to five or six floors, the area feels more open and less densely developed than central Batumi. Its greenery and hillside setting offer a peaceful alternative to the city’s busier neighbourhoods.

Pros: Fresh air, panoramic views of the Black Sea and surrounding hills, a private residential atmosphere and convenient access to the Batumi Botanical Garden. The area offers greater privacy and a slower pace of life than central Batumi.

Cons: The choice of shops, cafés and everyday services is more limited. The hilly terrain makes a car highly recommended, while lower levels of tourist and pedestrian activity generally make the area better suited to long-term living than short-term holiday rentals.

✅ Who it suits: Buyers seeking a quieter lifestyle surrounded by nature; retirees and creative professionals who value privacy and space; and families with a car looking for peaceful residential living within easy reach of Batumi.

City
Batumi
District
Green Cape
Address
n from $1,970

Nearby travel times

Walk to sea
12 min
Walk to park
8 min
Walk to school
114 min
Nearest major mall
Grand Mall
Drive to mall
21 min
Midtown Group is a Georgian real estate developer with market history since 2014 and 2 completed projects and 2 current projects visible in the portfolio. On HomeRadar, the developer is represented by projects such as Harmonia, Al Mare, and Al Mare Green. The portfolio has a clear focus on Green Cape, one of the more recognizable Batumi search locations. For buyers, the key is to compare the exact project, price per square metre, construction stage and rental or resale scenario.
More about the developer

Al Mare Green

Batumi, Green Cape, n from $1,970