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AI Investment Summary

Modern Ultra is under construction and has a C investment grade. Estimated rent is about $4,910 a year after taxes and maintenance costs, with renovation included in simple payback near 13.5 years once letting starts. Rental income depends on the completed apartment being handed over.

60.9
Final score
60.9
60
Liquidity
60
Net yield
7.4%
Appreciation potential score
54/100
Exit score
42.2/100
Investment grade
C
ADR
40 $
Occupancy
39%
Annual net rent
4,906 $
Primary Strategy: Balanced

Overview

Modern Ultra (Save Development) Key benefits: 880m to the sea. 25-storey residential tower (30 floors actual). 3m ceilings. Location: 48 Demetre Tavdadebuli St, Batumi. Near Argo cable car (860m), Batumi Plaza (500m), 6 May Park (1 km), Republican Hospital (1.5 km), School No. 4, 6 km from airport. Tech: Monolithic-frame. Brick walls. Large windows. Open balconies with tempered glass railings. Double-glazed PVC windows. High-speed elevators. Amenities: Landscaped grounds, children's playground with soft surfaces, relaxation zones with benches and gazebos, paved walkways, driveways, parking, greenery with shrubs and decorative plants, street lighting, commercial spaces on ground floor, 24/7 CCTV. Units: 1-3-bedroom apartments (47–78 m², range 30–208.8 m²). Finishes: black frame, white frame, or fully renovated. Purchase terms: Mortgage from TBC Bank.

Project details

Construction status· Under constructionDelivery· 2027Area range· 30-208.8 m²

Finish options

Black frameWhite frameFully renovated

Construction technology

Monolithic frame

Elevators

Passenger

Infrastructure

On-site child amenity
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
Demetre Tavdadebuli St, 48

Nearby travel times

Walk to sea
29 min
Walk to park
27 min
Walk to school
38 min
Nearest major mall
Metro City Forum AVM
Drive to mall
5 min
Save Development has projects in Batumi, including Modern Ultra. 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

Modern Ultra

Batumi, Airport, Demetre Tavdadebuli St, 48

Price from
48,640 $
Price per m²
1,300 $ / m²