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AI Investment Summary

DEST // Asatiani carries a C investment grade. Projected rent is about $4,910 a year after taxes and maintenance costs, with simple payback close to 11 years once letting begins. Apartment management is listed, although the building is under construction and delivery is indicated for 2027. It suits a buyer prepared to wait and reassess rental demand once the project is complete.

64.5
Final score
64.5
60
Liquidity
60
Net yield
9.2%
Appreciation potential score
53.7/100
Exit score
41.9/100
Investment grade
C
ADR
40 $
Occupancy
39%
Annual net rent
4,906 $
Primary Strategy: Balanced

Overview

DEST // Asatiani Key benefits: 750m to the sea. 20-storey residential tower. 3m ceilings. Underground parking. Location: 49 Luka Asatiani St, Batumi. Central district, 780m from Argo cable car, 6 km from airport. Tech: Monolithic-frame. Brick exterior walls. Panoramic windows. Aluminum window frames. Shanghai Mitsubishi elevators. Amenities: Landscaped courtyard, children's playground, commercial spaces on ground floor, underground parking, 24/7 video surveillance, concierge. Units: Studios, 1-3-bedroom apartments (32.2–92.3 m²). Finishes: black frame or fully renovated. Purchase terms: Mortgage from TBC Bank.

Project details

Construction status· Under constructionDelivery· 2027Area range· 32.2-92.3 m²

Finish options

Black frameFully renovated

Construction technology

Monolithic frame

Elevators

Yes

Infrastructure

Recreational areaChildren's playground

Parking

Underground

Security & Safety

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

Airport District: Batumi’s Emerging Growth Area

Located in the southern part of Batumi, around the international airport and close to the New Boulevard, this rapidly developing district is seeing new residential complexes, commercial properties, and urban infrastructure emerge side by side. Buyers are attracted by relatively affordable entry prices and the potential for long-term property value growth as the area continues to develop.

Pros: Convenient transport connections — around 10–15 minutes to central Batumi, depending on traffic, and quick access to the main roads leading towards the Turkish border. The pebble beach is within walking or short driving distance, depending on the property’s exact location. Prices are generally more accessible than in central Batumi, making the area attractive to buyers seeking a modern new-build at a lower entry point. Local markets, shopping facilities, and everyday services are also available nearby.

Cons: Aircraft noise may occasionally be audible, particularly in properties located closer to the airport. Traffic can become heavier during the summer, especially on routes leading towards the Turkish border. The district currently has fewer premium cafés, restaurants, and landscaped parks than central Batumi, although its infrastructure continues to expand.

✅ Who it suits: Investors considering one of Batumi’s developing residential areas; frequent travellers who value proximity to the airport; budget-conscious buyers seeking a modern new-build near the coast without the premium prices of central Batumi; and car owners and business travellers who appreciate convenient road connections.

City
Batumi
District
Airport
Address
Luka Asatiani St, 49

Nearby travel times

Walk to sea
29 min
Walk to park
27 min
Walk to school
38 min
Nearest major mall
Metro City Forum AVM
Drive to mall
5 min
Reside Development has projects in Batumi, including DEST // Asatiani and Dream Side. 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

DEST // Asatiani

Batumi, Airport, Luka Asatiani St, 49

Price from
53,452 $
Price per m²
1,460 $ / m²

Financing

Mortgage

Bank

TBC Bank

Terms

Mortgage available; term up to 15 years; down payment 30%

Installment from developer

Provider

Reside Development

Terms

Installment up to 6 months; down payment 30%