La Quinta by Wyndham

AI Investment Summary

La Quinta by Wyndham is complete and tied to the Wyndham hotel format. Developer units are sold out, leaving individual resales as the route for a new investor. Without a particular asking price and management terms, payback would be guesswork. Elt Building has four completed projects. Any resale offer should be judged on actual rental proceeds, costs and the operator agreement.

Final score

SOLD OUT

Liquidity

Net yield

90.6%

Appreciation potential score

Exit score

26/100

ADR

81 $

Occupancy

46%

Annual net rent

15,583 $

Primary Strategy: Capital Growth

Overview

La Quinta by Wyndham Key benefits: 150m to the sea (first line). 15-storey hotel-type apartments. Managed by Wyndham brand. Outdoor and indoor pools. Location: 1 Adlia Street, Batumi. Near Seaside Park and Metro City Mall, 2 km from airport, 5 min by car. Tech: Monolithic-frame. Panoramic glazing. Unusual tapered shape. Amenities: Indoor and outdoor pools, spa, sauna, fitness room, summer cinema, cafe-bar, terrace, conference hall, commercial spaces, landscaped courtyard, children's attractions, underground parking, 24/7 security, concierge, cleaning services. Units: Studios, 1-3-bedroom apartments (27–135 m²). Finishes: white frame or fully furnished. Purchase terms: Rental management through specialized company.

Project details

Sales status· Sold outConstruction status· CompletedArea range· 27-135 m²

Finish options

White frameFully furnished

Construction technology

Monolithic frame

Utilities

Panoramic glazingGas

Elevators

Passenger

Infrastructure

SpaFitness centerSwimming poolChildren's playgroundLandscaped yardBusiness centerCommercial areasTerraceCinemaCafeBar

Parking

Underground

Security & Safety

CCTVSecurityReception

Layouts

Layouts are not published for this project yet.

Location

Green Cape: A Peaceful Residential Retreat Surrounded by Nature

Located north of Batumi, close to the Botanical Garden, Green Cape is known for its lush natural surroundings, low-rise architecture and tranquil atmosphere. With many buildings limited to five or six floors, the area feels more open and less densely developed than central Batumi. Its greenery and hillside setting offer a peaceful alternative to the city’s busier neighbourhoods.

Pros: Fresh air, panoramic views of the Black Sea and surrounding hills, a private residential atmosphere and convenient access to the Batumi Botanical Garden. The area offers greater privacy and a slower pace of life than central Batumi.

Cons: The choice of shops, cafés and everyday services is more limited. The hilly terrain makes a car highly recommended, while lower levels of tourist and pedestrian activity generally make the area better suited to long-term living than short-term holiday rentals.

✅ Who it suits: Buyers seeking a quieter lifestyle surrounded by nature; retirees and creative professionals who value privacy and space; and families with a car looking for peaceful residential living within easy reach of Batumi.

City

Batumi

District

Green Cape

Address

Adlia Street, 1

Nearby travel times

Walk to sea

12 min

Walk to park

8 min

Walk to school

101 min

Nearest major mall

Grand Mall

Drive to mall

21 min

Elt Building

ELT Building is a Georgian real estate development company operating since 2017. The company primarily focuses on residential and investment-oriented developments in Batumi.

The developer’s portfolio includes seven completed projects: Sunrise, Rainbow, La Quinta by Wyndham, Sunset, Optima Residence, Compact House, and Marina Club. ELT Building is currently developing two projects in Batumi — OXY Residence and Status House.

The company delivers a range of property formats, from residential complexes designed for permanent living to apart-hotels and investment properties. ELT Building also cooperates with international hospitality brands, strengthening its experience in the development and management of tourism and hotel-oriented real estate.

More about the developer