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AI Investment Summary

Parkside Villas is complete and carries a D investment grade. Projected rent is about $9,490 a year after taxes and maintenance costs, with simple payback around 19.5 years. That is a modest rental case. The villa format and coastal access may be more persuasive for personal use, and buyers can inspect the finished home before committing.

53.7
Final score
53.7
60
Liquidity
60
Net yield
5.1%
Appreciation potential score
56/100
Exit score
40.6/100
Investment grade
D
ADR
79 $
Occupancy
61%
Annual net rent
9,487 $
Primary Strategy: Balanced

Overview

Parkside Villas (Townhouse Batumi) Key benefits: 15 min walk to New Boulevard. 10 townhouses (2-3 storeys). 2.95m ceilings. Rooftop terrace. Location: 93 Adlia Street, Batumi. Near Public School No. 27, Kindergarten No. 28, Lech and Maria Kaczynski Park, Metro City Mall (1.5 km), 10 min from airport. Tech: Monolithic-frame. Floor-to-ceiling windows. Glass balcony railings. Amenities: Landscaped grounds (1600 m²), children's playground, walking areas, private driveway with parking space for each unit, 24/7 surveillance, security. Units: Townhouses (140–212 m²). Ceilings 2.95m. Finishes: black frame, white frame, or fully finished. Ground floor: entryway, guest bathroom, open-plan living/dining/kitchen. Second floor: 2 bedrooms, 2 bathrooms, 2 walk-in closets. Third floor: bedroom, en-suite bathroom, walk-in closet, home office/ library, laundry room, 2 balconies. Rooftop terrace. Private backyard. Purchase terms: Mortgage from TBC Bank. In-house installment from 30% down.

Project details

Construction status· CompletedArea range· 140-212 m²

Finish options

Black frameWhite frameFully renovated

Construction technology

Monolithic frame

Infrastructure

Recreational areaChildren's playground

Parking

Ground level

Security & Safety

CCTV
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
Adlia Street, 93

Nearby travel times

Walk to sea
7 min
Walk to park
38 min
Walk to school
15 min
Nearest major mall
Metro City Forum AVM
Drive to mall
5 min
Townhouse Batumi has projects in Batumi, including Parkside Villas. 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

Parkside Villas

Batumi, Khimshiashvili, Adlia Street, 93

Price from
184,843 $
Price per m²
850 $ / m²