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AI Investment Summary

Nev Tower is complete and has a C investment grade. Projected rent is about $4,680 a year after taxes and maintenance costs, putting simple payback near 12 years. Access to a school, park and the sea broadens its appeal beyond holiday lets. The model points to a moderate return, so the finish and letting prospects of the actual apartment deserve attention.

64.4
Final score
64.4
60
Liquidity
60
Net yield
8.5%
Appreciation potential score
56/100
Exit score
42.6/100
Investment grade
C
ADR
39 $
Occupancy
61%
Annual net rent
4,683 $
Primary Strategy: Balanced

Overview

Nev Tower Key benefits: 500m to the sea (approx). 17-storey residential tower (20-30 floors actual). 3m ceilings. Underground parking. Location: 20-22 Angisa St, Batumi. Airport district near New Boulevard, 1 km from Lake Ardagani, 4 km from Argo cable car, 10 min from airport. Tech: Monolithic-frame. Brick walls with insulation. Energy-saving double-glazed glass. High-speed passenger elevators. Amenities: Children's playground, sports ground, recreation area with gazebo, underground parking, ground parking, fenced territory, street lighting, 24/7 CCTV. Units: 1-3-bedroom apartments (36–80 m²). Ceilings 3m. Black frame finish. Purchase terms: Interest-free installment for 3 years with 30% down.

Project details

Construction status· CompletedDelivery· 2025Area range· 36-80 m²

Finish options

Black frame

Utilities

Panoramic glazingGas

Elevators

Passenger

Infrastructure

Children's playgroundSports groundLandscaped yard

Parking

Underground
Layouts
Layouts are not published for this project yet.
Location

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.

City
Batumi
District
Khimshiashvili
Address
Angisa St, 20-22

Nearby travel times

Walk to sea
12 min
Walk to park
6 min
Walk to school
3 min
Nearest major mall
Grand Mall
Drive to mall
2 min
TG has projects in Batumi, including Nev 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

Nev Tower

Batumi, Khimshiashvili, Angisa St, 20-22

Price from
54,825 $
Price per m²
750 $ / m²

Financing

Installment from developer

Provider

TG

Terms

Interest-free installment; up to 36 months; 0% down payment