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AI Investment Summary
52.6
Final score
52.6
60
Liquidity
60
Net yield
9.5%
Capital growth
34.9
ADR
$103
Occupancy
39%
Annual net rent
$11,009
Primary Strategy: Balanced

Overview

Alphecca Batumi (Apart Development) Key benefits: 50m to the sea (first line). 50-storey residential tower. 3m ceilings. Outdoor swimming pool. Location: Tamar Mepe Avenue, Batumi. Near School No. 18, Kindergarten No. 22, Carrefour, Jibe Hypermarket, Hopa clothing market, 20-25 min from airport. Tech: Monolithic-frame. Fully glazed facade. Flowing balcony rhythm. Semi-circular shapes. Amenities: Outdoor swimming pool, conference space, relaxation areas, gym, cafe-restaurant, commercial spaces, rooftop restaurants, open-air lounges, underground parking, 24/7 CCTV, security. Units: Studios (28-56 m²), 2-bedroom apartments (54-77 m²). Energy-efficient windows with sound insulation. Purchase terms: Mortgage from TBC Bank.

Project details

Sales status· AvailableDelivery· 2028

Construction technology

Monolithic frame

Elevators

Yes

Infrastructure

Swimming poolBusiness centerRecreational areaFitness centerRestaurantCafeCommercial areas

Parking

Underground

Security & Safety

CCTVSecurity
Layouts
Layouts are not published for this project yet.
Location

Green Cape: A Peaceful Residential Retreat Surrounded by Nature

Located north of Batumi, close to the Botanical Garden, Green Cape is known for its lush natural surroundings, low-rise architecture and tranquil atmosphere. With many buildings limited to five or six floors, the area feels more open and less densely developed than central Batumi. Its greenery and hillside setting offer a peaceful alternative to the city’s busier neighbourhoods.

Pros: Fresh air, panoramic views of the Black Sea and surrounding hills, a private residential atmosphere and convenient access to the Batumi Botanical Garden. The area offers greater privacy and a slower pace of life than central Batumi.

Cons: The choice of shops, cafés and everyday services is more limited. The hilly terrain makes a car highly recommended, while lower levels of tourist and pedestrian activity generally make the area better suited to long-term living than short-term holiday rentals.

Who it suits: Buyers seeking a quieter lifestyle surrounded by nature; retirees and creative professionals who value privacy and space; and families with a car looking for peaceful residential living within easy reach of Batumi.

City
Batumi
District
Green Cape
Address
Tamar Mepe Avenue
Apart Development is a Georgian real estate developer with market history since 2019 and 4 completed projects and 5 current projects visible in the portfolio. On HomeRadar, the developer is represented by Alphecca Batumi. The portfolio gives buyers exposure to the Airport area, which can work for a more specific location-led search. For buyers, the key is to compare the exact project, price per square metre, construction stage and rental or resale scenario.
More about the developer

Alphecca Batumi

Batumi, Green Cape, Tamar Mepe Avenue

Price per m²
$2,750 / m²

Financing

Mortgage

Terms

Mortgage up to 20 years; down payment 20%

Installment from developer

Provider

Apart Development

Terms

Interest-free internal installment; up to 18 months; down payment 20%