Horizons Club

AI Investment Summary

Horizons Club is complete, allowing buyers to inspect an actual apartment. Developer sales are marked as closed in our data, so payback needs the price of a specific resale unit. Horizon Batumi has three completed projects. For an investor, the unit's condition, asking price and local rental demand matter more than a building-wide estimate.

Final score

SOLD OUT

Liquidity

Net yield

33.1%

Appreciation potential score

Exit score

26.7/100

ADR

65 $

Occupancy

60%

Annual net rent

14,906 $

Primary Strategy: Capital Growth

Overview

Horizons Club Key benefits: 100m to the sea. 8-storey residential complex. Swimming pool and billiard room. Otis elevators. Location: 33 David Mamuladze St, Batumi. New Boulevard district, near water park, Lake Ardagan, 10-15 min from city center. Tech: Monolithic-frame. Amenities: Fitness room, swimming pool, children's playground, billiard room, square, citrus garden, underground parking, security, CCTV. Units: Apartments (26.9–58.7 m²). Complete renovation. Purchase terms: Interest-free installment for 15 months with 30% down. Discount for full payment.

Project details

Sales status· Sold outConstruction status· CompletedArea range· 26.9-58.7 m²

Finish options

Fully renovated

Construction technology

Monolithic frame

Utilities

ElectricityWaterSewerageGas

Elevators

Passenger

Infrastructure

Fitness centerSwimming poolChildren's playground

Parking

Underground

Security & Safety

SecurityCCTV

Layouts

Layouts are not published for this project yet.

Location

Old Town: Historic Charm in the Heart of Batumi

Batumi’s Old Town is one of the city’s most distinctive and atmospheric districts, known for its narrow cobblestone streets, 19th-century architecture and proximity to the seaside boulevard. The area is home to the port, Europe Square, popular restaurants, cafés and souvenir shops, creating a lively urban atmosphere throughout the day and evening.

Pros: Excellent walkability, with major attractions, restaurants and the waterfront close by; a unique historic atmosphere; sea, city and mountain views from selected properties; and strong demand for short-term rentals due to the central location.

Cons: Street noise can be noticeable, particularly in the evening and during the tourist season. Parking is limited, property prices are generally among the highest in Batumi, and many older buildings may require renovation or additional maintenance.

✅ Who it suits: Investors focused on short-term rental demand in central Batumi; international buyers and expats who value historic architecture and an authentic urban atmosphere; and younger residents who prefer a walkable lifestyle without relying on a car.

City

Batumi

District

Old Batumi

Address

David Mamuladze St, 33

Nearby travel times

Walk to sea

30 min

Walk to park

1 min

Walk to school

3 min

Nearest major mall

Grand Mall

Drive to mall

7 min

Horizon Batumi

Horizon Batumi is a Batumi developer that has been operating in the real estate market since 2013. Official company materials state that it focuses on first-line Black Sea hotel and residential projects and reports five projects with a total construction area of about 200,000 square meters. On HomeRadar, the developer is represented by projects such as Horizons Deluxe, Horizon Grand Residence, Horizons Club, and Horizons Elegance. The portfolio is focused on liquid Batumi locations such as the Khimshiashvili corridor and Old Batumi. This profile suits buyers who want several options under one developer and prefer to compare price, format and completion stage before choosing.

More about the developer