Paradise Chakvi is being built near the Chakvi coast and carries a D investment grade. Estimated rent is about $7,510 a year after taxes and maintenance costs, yet simple payback would exceed 40 years once letting starts. The income case is weak. Its low-rise villa format and planned resort facilities may be more compelling for personal holidays, with any rental income exposed to seasonal demand.
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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.
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Paradise Chakvi
Batumi, Green Cape, near Rustaveli Street