Corner Gordeziani has a C investment grade. The rental model estimates about $4,230 a year after taxes and maintenance. Including renovation, simple payback is around 12 years once letting begins. School and green space are close, while the project is still awaiting delivery before rental income can begin.
Overview
Project details
Finish options
Construction technology
Elevators
Infrastructure
Parking
Old Town: Historic Charm in the Heart of Batumi
Batumi’s Old Town is one of the city’s most distinctive and atmospheric districts, known for its narrow cobblestone streets, 19th-century architecture and proximity to the seaside boulevard. The area is home to the port, Europe Square, popular restaurants, cafés and souvenir shops, creating a lively urban atmosphere throughout the day and evening.
Pros: Excellent walkability, with major attractions, restaurants and the waterfront close by; a unique historic atmosphere; sea, city and mountain views from selected properties; and strong demand for short-term rentals due to the central location.
Cons: Street noise can be noticeable, particularly in the evening and during the tourist season. Parking is limited, property prices are generally among the highest in Batumi, and many older buildings may require renovation or additional maintenance.
✅ Who it suits: Investors focused on short-term rental demand in central Batumi; international buyers and expats who value historic architecture and an authentic urban atmosphere; and younger residents who prefer a walkable lifestyle without relying on a car.
Nearby travel times
Corner Gordeziani
Batumi, Old Batumi, Gordeziani St. 7