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AI Investment Summary

Aqua Hotel & Apartments has a B investment grade. The model projects about $7,110 a year in rent after taxes and maintenance costs, with renovation included in simple payback near nine years. The building is complete, so buyers can inspect a unit before committing. There is no construction wait, though actual income will depend on the apartment and occupancy.

68.8
Final score
68.8
60
Liquidity
60
Net yield
11%
Appreciation potential score
48.7/100
Exit score
42.4/100
Investment grade
B
ADR
58 $
Occupancy
61%
Annual net rent
7,113 $
Primary Strategy: Balanced

Overview

Aqua Hotel & Apartments Key benefits: 50m to the sea (first line). 14-storey hotel and residential complex. Swimming pool and terrace. 24/7 security and CCTV. Location: 23 Lech and Maria Kaczynski St, Batumi. New Boulevard district, near Dancing Fountains, House of Justice. Tech: Monolithic-frame. European technologies. Energy-saving glazing. Amenities: Commercial areas, closed territory, swimming pool, terrace, guest parking, 24/7 security, CCTV. Units: Studios, 1-2-bedroom apartments (contact sales for sizes). White frame finish. Purchase terms: Interest-free installment for 4 months with 30% down.

Project details

Construction status· Completed

Finish options

White frame

Construction technology

Monolithic frame

Utilities

InternetTelephoneTVElectricityWater

Infrastructure

Commercial areasSwimming poolTerrace

Security & Safety

Closed territorySecurityCCTV

Parking

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

Khimshiashvili District: Authentic Seaside Living at Accessible Prices

Located between Batumi’s Old Town and New Boulevard, Khimshiashvili is a calm, well-established neighbourhood with a genuine local character. Away from the busiest tourist areas, it is known for its open-air markets, family-run cafés serving local cuisine, public schools and convenient access to everyday services.

Pros: Proximity to the sea, with the beach within walking distance from many parts of the neighbourhood; a peaceful, unhurried residential atmosphere; fresh produce at accessible prices in local markets; and generally more affordable property options than in Batumi’s premium resort districts.

Cons: Much of the area consists of older apartment buildings and private houses, with fewer modern residential developments. The choice of leisure and resort-style amenities is also more limited, as this is primarily a residential neighbourhood rather than a tourist district.

✅ Who it suits: Local residents and international buyers looking for their first home in Georgia at a reasonable price; practical buyers who want to live within walking distance of the sea without paying a premium for a resort location; and families with school-aged children who value access to nearby schools and kindergartens.

City
Batumi
District
Khimshiashvili
Address
Lech and Maria Kaczynski St, 23

Nearby travel times

Walk to sea
18 min
Walk to park
6 min
Walk to school
4 min
Nearest major mall
Metro City Forum AVM
Drive to mall
2 min
New Time is a construction and development company from Batumi operating since 2014. Official company materials say the business focuses on quality construction and apart-hotel style investment projects, including Sunway Suites. On HomeRadar, the developer is represented by projects such as Aqua Hotel & Apartments and Sunway Suites. The portfolio is focused on liquid Batumi locations such as the Khimshiashvili corridor and Green Cape. For buyers, the key is to compare the exact project, price per square metre, construction stage and rental or resale scenario. HomeRadar keeps the AI Rating hidden until there is enough verified data on the developer’s delivery history, project track record and transparency. The rating will be updated after additional verification.
More about the developer

Aqua Hotel & Apartments

Batumi, Khimshiashvili, Lech and Maria Kaczynski St, 23

Price from
46,816 $
Price per m²
1,672 $ / m²

Financing

Mortgage

Bank

TBC Bank

Terms

Mortgage available

Installment from developer

Provider

New Time

Terms

Installment available