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AI Investment Summary

SkyLux Batumi Residence has a C investment grade. The rental model estimates about $5,520 a year after taxes and maintenance. Including renovation, simple payback is around 13 years once letting begins. The nearby coast and school are useful strengths, but letting depends on the planned Q4 2027 handover.

63.6
Final score
63.6
60
Liquidity
60
Net yield
7.8%
Appreciation potential score
57.8/100
Exit score
43.3/100
Investment grade
C
ADR
46 $
Occupancy
61%
Annual net rent
5,524 $
Primary Strategy: Balanced

Overview

SkyLux Batumi Residence (SkyLux) Key benefits: 120m to the sea (250m data). 28-storey residential tower. 3m ceilings. Indoor pool and spa. Location: 2-4 2nd Angisa Lane, Batumi. New Boulevard district, 120m from coastline, near Lech and Maria Kaczynski Park, 4 km from airport. Tech: Monolithic-frame. 56 anti-corrosion concrete foundation piles (45m deep). Ceramic brick walls. Perimeter thermal insulation (35% utility savings). Mitsubishi elevators. Amenities: Private gated courtyard (no parking inside), green spaces, walking paths, cycling tracks, children's playground, outdoor sports area with fitness equipment, rooftop terrace with gazebos, pergolas, lounge furniture, bar, indoor pool, gym, aesthetic medicine center, spa salons, bank, shops, pharmacy, Platform Parking system with mobile app, 24/7 security, CCTV, concierge. Units: Studios, 1-3-bedroom apartments (33.25–109.36 m²). Ceilings 3m. Gasified. Green frame finish. Purchase terms: Fully financed by TBC Bank. Mortgage available.

Project details

Construction status· Under constructionDelivery· Q4 2027Area range· 33.25-109.36 m²

Finish options

White frame

Construction technology

Monolithic frame

Utilities

GasWaterElectricitySewerage

Elevators

Yes

Infrastructure

Children's playgroundSpaSwimming poolFitness centerRestaurantCafeTerracePlayground

Parking

Underground

Security & Safety

CCTVSecurityReception
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 2nd Dead-end, 6

Nearby travel times

Walk to sea
7 min
Walk to park
5 min
Walk to school
4 min
Nearest major mall
Metro City Forum AVM
Drive to mall
3 min
SkyLux has projects in Batumi, including SkyLux Batumi 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

SkyLux Batumi Residence

Batumi, Khimshiashvili, Angisa 2nd Dead-end, 6

Price from
52,896 $
Price per m²
1,300 $ / m²