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AI Investment Summary

Black Sea Avangard has a C investment grade. The rental model estimates about $5,760 a year after taxes and maintenance. Simple payback is around 10 years. The finished building can be inspected before purchase; the chosen apartment and occupancy will determine real returns.

64.5
Final score
64.5
60
Liquidity
60
Net yield
9.9%
Appreciation potential score
44/100
Exit score
40/100
Investment grade
C
ADR
48 $
Occupancy
61%
Annual net rent
5,764 $
Primary Strategy: Balanced

Overview

Black Sea Avangard (Avangard) Key benefits: 150m to the sea (first line). 10-storey residential building. 3m ceilings. Underground parking. Location: 25 Rejeb Nizharaadze St, Batumi. Airport district, near Lech and Maria Kaczynski Park, Metro City Mall, 5 min from airport. Tech: Monolithic-frame. Reinforced concrete frame. Thermal insulation. Energy-saving double-glazed windows. Amenities: Indoor fitness room with modern equipment, billiard room, bar, outdoor terrace with recreation areas on roof, underground parking with video surveillance and barrier, guest parking, commercial premises (restaurant, cafe, shopping center), landscaped courtyard with trees and flower beds, street lighting, 24/7 CCTV, security, concierge. Units: Studios, 1-2-bedroom apartments (29.2–71.3 m²). Ceilings 3m. Black frame finish. Purchase terms: Interest-free installment for 3 years.

Project details

Construction status· CompletedDelivery· 2024Area range· 29.2-71.3 m²

Finish options

Black frameWhite frameFully furnished

Elevators

Passenger

Infrastructure

Commercial areasSpaBilliard roomRecreational areaCafeTerrace

Security & Safety

Closed territorySecurityCCTVReception

Parking

Underground
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
Rejeb Nizharaadze St, 25

Nearby travel times

Walk to sea
14 min
Walk to park
3 min
Walk to school
16 min
Nearest major mall
Metro City Forum AVM
Drive to mall
6 min
Avangard has projects in Batumi, including Avangard Seaside Area. Public information about the company is still limited, so buyers should focus on the specific project: location, construction stage, layouts, payment terms and current availability. 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 as additional information is confirmed.
More about the developer

Black Sea Avangard

Batumi, Khimshiashvili, Rejeb Nizharaadze St, 25

Price from
58,000 $
Price per m²
2,014 $ / m²