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AI Investment Summary

DEST // Corner is complete, so buyers can inspect an actual apartment without a construction wait. Its investment grade is D: the model estimates about $5,280 a year in rent after taxes and maintenance costs, while simple payback exceeds 43 years on current figures. That is a poor match for a buyer focused on rental returns. It makes more sense to judge it as a home or compare it with other finished apartments.

Final score
Not enough data for an accurate score
60
Liquidity
60
Net yield
2.3%
Appreciation potential score
44/100
Exit score
37.4/100
Investment grade
D
ADR
44 $
Occupancy
61%
Annual net rent
5,284 $
Primary Strategy: Balanced

Overview

DEST // Corner Key benefits: 1.5km to the sea. 8-storey residential building. Only 30 apartments. 3m ceilings. Location: 83 Ekvtime Takaishvili St, Batumi. Bagrationi district, near Carrefour, Goodwill, Metro City, 15 min from airport. Tech: Monolithic-frame. Composite facade materials. Panoramic windows. Aluminum frames. Shanghai Mitsubishi elevators. Amenities: Landscaped courtyard, children's playground, underground parking, surface parking, 24/7 video surveillance. Units: Studios, 1-2-bedroom apartments (36.9–74.1 m²). Ceilings 3m. Partial finishing. Purchase terms: Mortgage from TBC Bank. Installment plans.

Project details

Construction status· CompletedDelivery· 2026Area range· 36.9-74.1 m²

Construction technology

Monolithic frame

Elevators

Yes

Infrastructure

On-site child amenity
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
Ekvtime Takaishvili St, 83

Nearby travel times

Walk to sea
11 min
Walk to park
14 min
Walk to school
2 min
Nearest major mall
Grand Mall
Drive to mall
2 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 // Corner

Batumi, Khimshiashvili, Ekvtime Takaishvili St, 83

Price from
230,000 $
Price per m²
2,018 $ / 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%