Horizon Grand Residence has a B investment grade. Projected rent is about $4,920 a year after taxes and maintenance costs, with simple payback near 10.5 years once letting begins. Horizon Batumi has three completed projects. The shore and park are close, but the two blocks have indicated handovers in early 2028 and early 2029. Rental income starts only after the chosen block is ready.
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Parking
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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.
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Horizon Grand Residence
Batumi, Khimshiashvili, Angisa 1st Lane, 72
Financing
Bank
TBC Bank
Terms
Mortgage available; down payment from 20%
Provider
Horizon Batumi
Terms
0% installment; up to 48 months; down payment from 20%