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AI Investment Summary

Grand Tower has a C investment grade. The rental model estimates about $5,520 a year after taxes and maintenance. Including renovation, simple payback is around 12 years once letting begins. The blocks have different completion dates, so the chosen unit's handover timing is central to real returns.

61.8
Final score
61.8
60
Liquidity
60
Net yield
8.3%
Appreciation potential score
48.2/100
Exit score
40.7/100
Investment grade
C
ADR
46 $
Occupancy
61%
Annual net rent
5,524 $
Primary Strategy: Balanced

Overview

Grand Tower (Konsol Holding) Key benefits: 300m to the sea. Two towers (27-30 floors). Shopping mall on-site. White frame finish. Location: 18 Iusup Kobaladze St, Batumi. Near water park, Basco sports complex, Batumi Lunapark, dolphinarium, 6 May Park, zoo, Batumi Mall, Black Sea Mall, Metro City, 4 km from airport. Tech: Monolithic-frame. Modern architecture with classic elements. Silent high-speed elevators. Amenities: Commercial areas, shopping mall, retail area on ground floor, underground parking, 24/7 security, CCTV, concierge, cleaning services. Units: Studios, 1-3-bedroom apartments (26.6–96.6 m²). White frame finish. Purchase terms: Installment up to 36 months with 10% down. Rental intermediary services.

Project details

Construction status· Under constructionDelivery· Q3 2027Area range· 26.6-96.6 m²

Finish options

White frame

Construction technology

Monolithic frame

Utilities

ElectricityWaterSewerageGas

Elevators

Passenger

Infrastructure

Commercial areas

Parking

Underground

Security & Safety

SecurityCCTV
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
Iusup Kobaladze St, 18

Nearby travel times

Walk to sea
11 min
Walk to park
1 min
Walk to school
3 min
Nearest major mall
Grand Mall
Drive to mall
2 min
Konsol Holding has projects in Batumi, including Grand Tower. 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

Grand Tower

Batumi, Khimshiashvili, Iusup Kobaladze St, 18

Price from
48,783 $
Price per m²
1,500 $ / m²