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AI Investment Summary

BlueSky Tower has a B investment grade. The model estimates about $6,090 a year in rent after taxes and maintenance costs, with renovation included in simple payback near 11.5 years. Like House has six completed projects. The building is complete, so buyers can inspect a unit and, once it is ready for tenants, let it without a construction wait.

69.8
Final score
69.8
50
Liquidity
50
Net yield
8.6%
Appreciation potential score
52.2/100
Exit score
32.7/100
Investment grade
B
ADR
45 $
Occupancy
57%
Annual net rent
6,094 $
Primary Strategy: Rent Core

Overview

BlueSky Tower Key benefits: 500m to the sea. 33-storey tower with 4-star hotel (floors 1-14). Indoor and outdoor pools. Casino on-site. Location: 13 Tbel Abuseridze St, Batumi. Near Black Sea Gate, Batumi Stadium, Black Sea Mall, 10 min from airport. Tech: Monolithic-frame. Modern architectural style. Amenities: Underground parking, indoor and outdoor pools, restaurants, fitness center, spa, casino, entertainment areas for children, 24/7 security, reception, concierge, video surveillance, cleaning services. Units: Studios, 1-2-bedroom apartments (26–66.7 m²). Finishes: white frame or fully furnished. Purchase terms: Contact sales office for pricing and options.

Project details

Construction status· CompletedDelivery· 2025Area range· 26-66.7 m²

Finish options

White frameFully furnished

Construction technology

Monolithic frame

Utilities

ElectricityWaterGasSewerage

Elevators

Yes

Infrastructure

Commercial areasCasinoSwimming poolFitness centerSpaRestaurantCafeChildren's playground

Security & Safety

Closed territorySecurityCCTVReception

Parking

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

Heroes Alley District: Batumi’s Modern Residential and Business Center

Heroes Alley is one of Batumi’s most rapidly developing central areas, centered around Zhiuli Shartava Avenue and the surrounding streets. The area features modern high-rise residential complexes, commercial spaces, sports facilities, and other urban amenities. Located between Batumi’s historic center and the southern part of the city, the district combines convenient access to the seafront with well-developed urban infrastructure.

Advantages: modern development and a wide selection of new residential complexes; a convenient location in relation to the city center, New Boulevard, and major urban roads; shops, supermarkets, cafés, schools, and other everyday services are located nearby. The district is also home to a major football stadium, while the seafront and beach are within walking distance from many parts of the area. Heroes Alley is developing as a business and commercial hub as well, helping maintain activity throughout the year rather than only during the summer season.

What to consider: the area is still undergoing active development, so construction work may be taking place near some residential complexes. Main roads can experience heavier traffic and increased noise levels during peak hours. The density of high-rise development is gradually increasing, so buyers should consider the location of neighboring and planned projects, as these may affect future views from an apartment.

✅ Who it suits: buyers who want to live in a modern part of Batumi close to the city center and the sea; investors considering property for long-term or short-term rental; families and professionals who value well-developed urban infrastructure; and buyers who prefer new residential complexes in a rapidly developing part of the city.

City
Batumi
District
Heroes Alley
Address
Tbel Abuseridze St, 13

Nearby travel times

Walk to sea
17 min
Walk to park
4 min
Walk to school
3 min
Nearest major mall
Grand Mall
Drive to mall
2 min
Like House is a Batumi developer founded in 2006. Public profiles describe the company as focused on residential complexes and apart-hotels, with completed projects such as BlueSky Tower and Prime Residence. The stronger-scoring projects include Status House, Prime Residence, and Angle Park, which stand out for their location and investment profile. The portfolio is focused on liquid Batumi locations such as Heroes Alley, Old Batumi, and central Batumi. This makes the developer especially relevant for buyers comparing investment potential, liquidity and long-term resale value.
More about the developer

BlueSky Tower

Batumi, Heroes Alley, Tbel Abuseridze St, 13

Price from
52,560 $
Price per m²
1,700 $ / m²

Financing

Mortgage

Bank

TBC Bank

Terms

Mortgage available; down payment 30%

Installment from developer

Provider

Like House

Terms

0% installment; up to 20 months; down payment 30%