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AI Investment Summary

Stay & Rent is under construction and carries a C investment grade. The model estimates about $5,280 a year in rent after taxes and maintenance costs, with simple payback around 13.5 years once letting begins. Lech and Maria Kaczynski Park and Metro City Mall add everyday appeal for future residents. Actual returns will depend on handover, the finished unit and occupancy.

60
Final score
60
60
Liquidity
60
Net yield
7.5%
Appreciation potential score
48.2/100
Exit score
40.8/100
Investment grade
C
ADR
44 $
Occupancy
61%
Annual net rent
5,284 $
Primary Strategy: Balanced

Overview

Stay & Rent (One Development) Key benefits: 900m to the sea. 22-storey residential tower. Rooftop pool and coworking library. Underground parking. Location: 5 Grigol Lortkipanidze St, Batumi. Near Lech and Maria Kaczynski Park (5 min walk), Metro City Mall, 10 min from airport. Tech: Monolithic-frame. HPL panel facade. Aluminum-framed windows. Open balconies. 4 elevators (1 freight, 3 passenger). On-site boiler system. Amenities: Rooftop pool and lounge area, coworking space with library, spa center with health bar, fitness center, cafe, children's play area, two-level underground parking, landscaped grounds with trees, shrubs, and flower beds, paved walkways, driveways, 24/7 video surveillance. Units: 189 sea-view studios, 231 mountain/city-view apartments (39–79 m²). Finishes: black frame, white frame, or green frame. Purchase terms: Mortgage from TBC Bank. Installment from 30% down. Rental management available.

Project details

Construction status· Under constructionDelivery· 2027Area range· 39.5-79.2 m²

Finish options

Green frame

Construction technology

Monolithic frame

Elevators

Yes

Infrastructure

Recreational areaCoworkingOn-site child amenity

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
Grigol Lortkipanidze St, 5

Nearby travel times

Walk to sea
2 min
Walk to park
5 min
Walk to school
11 min
Nearest major mall
Metro City Forum AVM
Drive to mall
1 min
One Development has projects in Batumi, including Home and One. 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

Stay & Rent

Batumi, Khimshiashvili, Grigol Lortkipanidze St, 5

Price from
70,693 $
Price per m²
1,526 $ / m²

Financing

Installment from developer

Provider

One Development

Terms

Installment up to 48 months; down payment from 20%