GWG Batumi has a B investment grade. Projected rent is about $5,520 a year after taxes and maintenance costs, with renovation included in simple payback near 10.5 years. The building is complete and the shore is a few minutes away on foot, supporting both personal stays and letting. Buyers can inspect the unit, while its condition and year-round demand will determine actual income.
Overview
Project details
Finish options
Elevators
Infrastructure
Security & Safety
Parking
Utilities
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.
Nearby travel times
GWG Batumi
Batumi, Khimshiashvili, Grigol Lortkipanidze St, 30
Financing
Bank
TBC Bank
Terms
Mortgage available