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AI Investment Summary

Panorama is under construction, with delivery indicated for 2026. Its investment grade is D: projected rent is about $5,400 a year after taxes and maintenance costs, while simple payback is near 28.5 years once letting begins. That is a weak rental-return case. A park is close, but the shore and many everyday routes are easier to reach by transport.

Final score
Not enough data for an accurate score
60
Liquidity
60
Net yield
3.5%
Appreciation potential score
42/100
Exit score
38.5/100
Investment grade
D
ADR
44 $
Occupancy
39%
Annual net rent
5,396 $
Primary Strategy: Balanced

Overview

Panorama Key benefits: 40m to the sea. Three blocks: commercial (3 floors), residential (38 floors), hotel (8 floors). 3.2m ceilings. Sky Bar on 40th floor. Location: 1a Odysseas Dimitriadis St, Batumi. Tamari district, near Batumi central railway station, 22 min from airport. Tech: Monolithic-frame. Aerated concrete walls. Panoramic windows. Amenities: Commercial and administrative spaces, restaurant, 5-star hotel, conference hall, fitness center, spa, casino, business lounge, outdoor swimming pool, rooftop terrace with Sky Bar cafe, 3-level pier with pedestrian walkways, bars, restaurants, underground parking, guest parking, landscaped grounds, 24/7 security, CCTV. Units: Studios, 1-3-bedroom apartments (31.1–122.8 m²). Ceilings 3.2m. Fully furnished with built-in appliances. Purchase terms: Mortgage from TBC Bank. Interest-free installment until construction end with 30% down.

Project details

Construction status· Under constructionDelivery· 2026Area range· 31.1-122.8 m²

Finish options

Fully furnished

Utilities

ElectricityWaterSewerage

Elevators

Passenger

Infrastructure

Commercial areasSpaSports groundRestaurantBarCasinoRecreational areaHotel

Security & Safety

Closed territorySecurityCCTV

Parking

Underground
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
Odysseas Dimitriadis St, 1a

Nearby travel times

Walk to sea
29 min
Walk to park
5 min
Walk to school
38 min
Nearest major mall
Metro City Forum AVM
Drive to mall
5 min
Tower Group has projects in Batumi, including Panorama and Piaza Residence. 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

Panorama

Batumi, Airport, Odysseas Dimitriadis St, 1a

Price from
153,920 $
Price per m²
2,550 $ / m²

Financing

Mortgage

Bank

TBC Bank

Terms

Mortgage available; down payment from 10%

Installment from developer

Provider

Tower Group

Terms

Interest-free installment; up to 48 months; down payment from 10%