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AI Investment Summary

JM Tower is under construction and has a C investment grade. Estimated rent is about $4,910 a year after taxes and maintenance, with renovation included in simple payback near 13 years once letting starts. The blocks are scheduled for 2028 and 2029 handovers, adding a substantial wait before rental income.

62.3
Final score
62.3
60
Liquidity
60
Net yield
7.7%
Appreciation potential score
57/100
Exit score
42.8/100
Investment grade
C
ADR
40 $
Occupancy
39%
Annual net rent
4,906 $
Primary Strategy: Balanced

Overview

JM Tower (Universam) Key benefits: 1.5km to the sea. Three 24-storey towers. Underground parking. White frame finish. Location: 132 Alexander Pushkin St, Batumi. Bagrationi district, near 6 May Park, Batumi Dolphinarium, zoo, circus, Batumi Drama Theater, Batumi Plaza, Goodwill, 10-15 min from airport. Tech: Monolithic-frame. Brick walls. Facade cladding with special panels and decorative plaster. Glass curtain walls. High-speed silent elevators. Amenities: Gated courtyard, children's playground, underground parking, designated parking areas, pedestrian pathways, benches, streetlights, trees, shrubs, flower beds, 24/7 video surveillance. Units: Studios, 1-2-bedroom apartments (33.1–75.1 m²). White frame finish. Spacious balcony with tempered glass railings. Purchase terms: Mortgage from TBC Bank.

Project details

Construction status· Under constructionDelivery· Q4 2029Area range· 33.1-75.1 m²

Finish options

White frame

Utilities

Gas

Parking

Underground

Infrastructure

Children's playground
Layouts
Layouts are not published for this project yet.
Location

Airport District: Batumi’s Emerging Growth Area

Located in the southern part of Batumi, around the international airport and close to the New Boulevard, this rapidly developing district is seeing new residential complexes, commercial properties, and urban infrastructure emerge side by side. Buyers are attracted by relatively affordable entry prices and the potential for long-term property value growth as the area continues to develop.

Pros: Convenient transport connections — around 10–15 minutes to central Batumi, depending on traffic, and quick access to the main roads leading towards the Turkish border. The pebble beach is within walking or short driving distance, depending on the property’s exact location. Prices are generally more accessible than in central Batumi, making the area attractive to buyers seeking a modern new-build at a lower entry point. Local markets, shopping facilities, and everyday services are also available nearby.

Cons: Aircraft noise may occasionally be audible, particularly in properties located closer to the airport. Traffic can become heavier during the summer, especially on routes leading towards the Turkish border. The district currently has fewer premium cafés, restaurants, and landscaped parks than central Batumi, although its infrastructure continues to expand.

✅ Who it suits: Investors considering one of Batumi’s developing residential areas; frequent travellers who value proximity to the airport; budget-conscious buyers seeking a modern new-build near the coast without the premium prices of central Batumi; and car owners and business travellers who appreciate convenient road connections.

City
Batumi
District
Airport
Address
Aleksander Pushkin St, 132

Nearby travel times

Walk to sea
22 min
Walk to park
7 min
Walk to school
1 min
Nearest major mall
Grand Mall
Drive to mall
6 min
Universam has projects in Batumi, including JM 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

JM Tower

Batumi, Airport, Aleksander Pushkin St, 132

Price from
45,920 $
Price per m²
1,300 $ / m²