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AI Investment Summary

The developer's units at Sport Palace Panorama are sold out. Yield and payback need the price of a specific resale home. A new buyer can assess yield only against a specific resale asking price, while construction continues.

Final score
SOLD OUT
60
Liquidity
60
Net yield
20.5%
Appreciation potential score
Exit score
21.8/100
ADR
37 $
Occupancy
39%
Annual net rent
8,368 $
Primary Strategy: Capital Growth

Overview

Sport Palace Panorama (LTD A.T. Development) Key benefits: 2km to the sea (15 min walk). 30-storey residential tower. 3m ceilings. Location: 44 Iuri Gagarin st, Batumi. Agmashenebeli district, near Argo cable car (4 km), 15 min from airport. Tech: Monolithic-frame. Reinforced concrete frame. Panoramic windows. High-speed elevators. Amenities: Courtyard with benches, trees, shrubs, lawns, pedestrian alleys, vehicle driveways, ground-level parking, commercial premises on lower level, 24/7 video surveillance. Units: Studios, 1-3-bedroom apartments. Ceilings 3m. Basic preparation for finishing. Open balconies. Purchase terms: Mortgage from TBC Bank.

Project details

Sales status· Sold outConstruction status· Under constructionDelivery· 2028

Construction technology

Monolithic frame

Elevators

Yes

Parking

Ground level
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
Iuri Gagarin st. 44

Nearby travel times

Walk to sea
29 min
Walk to park
27 min
Walk to school
19 min
Nearest major mall
Metro City Forum AVM
Drive to mall
5 min
LTD A.T. Development has projects in Batumi, including Sport Palace Panorama. 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

Sport Palace Panorama

Batumi, Airport, Iuri Gagarin st. 44