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AI Investment Summary

Reverance has a C investment grade. The rental model estimates about $4,680 a year after taxes and maintenance. Simple payback is around 11.5 years once letting begins. The nearby seafront may help rental interest, while completion and occupancy will determine the outcome.

63.8
Final score
63.8
60
Liquidity
60
Net yield
8.6%
Appreciation potential score
56/100
Exit score
41.9/100
Investment grade
C
ADR
39 $
Occupancy
61%
Annual net rent
4,683 $
Primary Strategy: Balanced

Overview

Reverance (Otium Development) Key benefits: Near Public School No. 27. 17-storey towers. Indoor and outdoor pools. Green frame, renovated, or turnkey. Location: 1, 3rd Adlia Lane, Batumi. Airport district, near Lech and Maria Kaczynski Park, Metro City Mall, 8-10 min from airport. Tech: Monolithic-frame. Dark cladding with warm accent tones. Balcony greenery. Panoramic windows. Imported high-speed elevators. Amenities: Rooftop terrace with lounge chairs, cafe tables, shaded seating, potted trees, indoor and outdoor swimming pools, spa, sauna, fitness center, yoga space, meditation room, children's playground, landscaped courtyard, covered parking garage, commercial spaces on ground floor (supermarket, gym), 24/7 CCTV, reception. Units: Studios, 1-2-bedroom apartments (32.2–68.3 m²). Finishes: green frame, fully renovated, or turnkey. Purchase terms: Contact sales office for pricing and options.

Project details

Construction status· Under constructionDelivery· 2028Area range· 32.2-68.3 m²

Finish options

Green frameFully renovatedTurnkey

Construction technology

Monolithic frame

Elevators

Yes

Infrastructure

Swimming poolSpaFitness centerChildren's playgroundPlayground

Parking

Underground

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 3 Lane, 1

Nearby travel times

Walk to sea
7 min
Walk to park
22 min
Walk to school
15 min
Nearest major mall
Metro City Forum AVM
Drive to mall
5 min
Otium Development has projects in Batumi, including Reverance. 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

Reverance

Batumi, Khimshiashvili, Adlia 3 Lane, 1

Price from
54,338 $
Price per m²
1,180 $ / m²