Bagrationi Residence Batumi: Apartment Prices, Location and Same-Budget Alternatives

At Bagrationi Residence, 131a Petre Bagrationi Street, a completed 35 m² studio is listed for $49,000. HomeRadar estimates around 7% annual net rental yield and rates living comfort at 88/100. At a similar budget, buyers can look at the completed Arcon Batumi Residence or the under-construction Next Magnolia and Status House.

These are not four interchangeable towers. The choice is between moving into a finished property, pursuing a stronger rent scenario, or accepting a wait in exchange for a different layout and location.

How much does an apartment in Bagrationi Residence cost?

As of 13 October 2026, the HomeRadar project page lists three specific residential choices: 35 m² studio — $49,000, 43 m² one-bedroom — $60,200, and 85 m² two-bedroom — $119,000. The indicative price is close to $1,400 per square metre across these examples, but they target very different buyer needs.

Finish levels vary, from units prepared for renovation to homes marketed as ready to use. Ask which work, appliances and furniture are included in the particular asking price. HomeRadar’s comparable investment analysis puts the overall studio budget, with preparation and associated costs accounted for, at around $67,000. Actual outlays depend on the selected unit.

A completed building has one particular advantage: you can inspect the actual entrance, elevators, parking access, noise and view rather than infer them from renderings. Insist on seeing the apartment, not just the sales presentation.

What does the location offer — and what does it not?

The address at 131a Petre Bagrationi Street sits near the stadium and everyday commercial services, rather than on Batumi’s first beachfront line. HomeRadar estimates roughly 26 minutes on foot to the sea, six minutes to a park and four minutes by car to a major shopping centre. These are route estimates, not fixed travel guarantees.

For year-round living, a practical city address can outweigh a sea view. Grocery shopping, transport and daily errands may matter more than resort amenities. The trade-off is the busy Bagrationi thoroughfare: buyers should check traffic noise, air quality and the actual window orientation in person.

The 32-storey development is described as having rooftop leisure facilities including a pool, commercial premises, a children’s area and parking. Confirm which facilities are operating, whether access costs extra and how the common areas are maintained.

What might the apartment earn from rent?

HomeRadar’s investment analysis assumes an average $38 per occupied night and 48% occupancy, around 175 nights a year. That produces about $6,658 in annual gross rental revenue and $4,660 after modelled operating costs.

Against an overall comparable investment budget of approximately $67,000, the scenario indicates around 7% annual net yield. This is neither an actual payout history nor a property manager’s undertaking. Vacancies, commissions and repair expenses may change the result.

For rental management, request the actual agreement: commissions, cleaning, maintenance, payment schedule and restrictions on the owner’s personal use. Rental demand is seasonal even in Batumi’s more residential streets, so annual averages should not be mistaken for equal monthly payments.

How practical is Bagrationi Residence for full-time living?

HomeRadar assigns 88/100 for living comfort and marks the building as completed. The score reflects identified building and location characteristics, but some actual owner-cost and building-operation details still require verification. It is not a survey of residents.

For one person, a 35 m² studio may be a straightforward first home. Couples who work remotely may value the separation of the 43 m² one-bedroom plan. The 85 m² family option reaches $119,000 and needs comparison with an entirely different price bracket.

Unlike an off-plan purchase, there is no construction wait. Still, check winter heating, lift reliability, backup electricity, management quality and monthly building charges before committing.

Which alternatives compete at a similar price?

The closest completed alternative in HomeRadar’s comparable investment analysis is Arcon Batumi Residence. Its reference purchase price is $48,400, with an overall preparation-inclusive budget of $66,400. Its projected annual net rent is $6,094, around 9.2%. HomeRadar marks the development as completed; verify the exact unit’s asking price and possession status.

For Next Magnolia, the comparable reference price is $41,470, the overall budget about $59,470, and estimated annual net rent $4,538. The project has an 84/100 living score, but the planned delivery is Q4 2028. Its annual letting model does not mean income is available during construction.

Status House by ELT Building is another nearby-budget construction choice: $43,861 as a model purchase reference, approximately $61,861 overall, and $5,284 projected annual net rent. Expected completion is in 2027. Its appeal rests on New Boulevard access and the chosen layout as much as the financial percentage.

The near-neighbour Sunrise Palace at 135 Petre Bagrationi Street is worth inspecting for a local-market benchmark, but at around $82,935 in the comparable HomeRadar scenario it is no longer a same-budget choice.

HomeRadar comparison at a glance

Reference model prices are not promises of current unit availability. For developments under construction, rental scenarios refer to the period after handover.

What must be verified before buying?

For a completed home, ask for the unit’s cadastral identification, registry extract, completion and occupancy documents, registered ownership and any liens. Confirm that the seller has no unpaid utility or common-area charges.

HomeRadar identifies Bagrationi Residence as a developer operating since 2018, but currently does not publish a full developer rating because its independently verified delivery record and information coverage are incomplete. A completed building is a positive sign; it does not replace checks on a particular title.

HomeRadar mentions instalments and mortgages among purchase options. However, the developer’s official website advertises a specific 46-month instalment campaign for Elle by Bagrationi, a different project. Buyers should not assume those terms apply to Bagrationi Residence without a dated, unit-specific offer.

Is Bagrationi Residence worth buying?

For personal use, this is an understandable option from $49,000: the building is completed, the available layouts are specific and the location supports ordinary city life. The 88/100 living score fits that proposition.

For rental investment, the case is less decisive. HomeRadar’s roughly 7% net-yield scenario trails Arcon at a very similar overall budget. Bagrationi nevertheless gives buyers a completed unit to inspect instead of a future construction schedule.

For a more aggressive rent target, compare Arcon. If a lower headline purchase price matters more and waiting is acceptable, evaluate Next Magnolia or Status House. For permanent living, an actual apartment inspection, commuting routes and service charges should decide the deal.

Frequently asked questions

What is the cheapest apartment in Bagrationi Residence?

HomeRadar shows a 35 m² studio for $49,000, a 43 m² one-bedroom for $60,200 and an 85 m² two-bedroom for $119,000.

Is Bagrationi Residence completed?

Yes. HomeRadar lists it as completed and the developer’s official site also places it among finished projects. Inspect the particular unit before making a deposit.

What is the projected rental yield?

HomeRadar’s comparable scenario suggests around $4,660 annual net rent and about 7% net yield, assuming 48% occupancy. It is a forecast, not a guaranteed return.

How far is Bagrationi Residence from the beach?

HomeRadar estimates about 26 minutes on foot. Actual walking conditions depend on the chosen route.

Is Bagrationi or Arcon better for rental income?

HomeRadar estimates about $6,094 annual net income and 9.2% for Arcon, versus $4,660 and around 7% for Bagrationi. Real asking prices and actual bookings may change that comparison.

What are same-budget alternatives?

Arcon Batumi Residence, Next Magnolia and Status House fit the comparable model price band. Magnolia and Status House still involve construction-stage waiting.

Can I buy on instalments?

HomeRadar lists instalments and mortgage options. Request a current offer for the exact Bagrationi Residence apartment; Elle by Bagrationi promotions are not automatically transferable.

Does HomeRadar rate the developer?

A full developer rating is not yet published because independently verified portfolio information is insufficient. That is a reason for due diligence, not a claim that the building is unfinished.

Sources and data date

Data checked 13 October 2026. Sources: Bagrationi Residence on HomeRadar, its HomeRadar developer profile, the official Bagrationi Development website, and the comparison properties Arcon Batumi Residence, Next Magnolia, Status House and Sunrise Palace. All investment and living figures are from HomeRadar’s investment and living analyses. Projections are not guarantees, and individual prices and contract terms should be checked.