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AI Investment Summary

Batumi Tower has a C investment grade. The rental model estimates about $4,910 a year after taxes and maintenance. Simple payback is around 17 years. REDCO has six completed projects and this building is finished. The rental horizon is fairly long, but buyers can inspect the actual apartment.

60.4
Final score
60.4
60
Liquidity
60
Net yield
5.8%
Appreciation potential score
42/100
Exit score
45.4/100
Investment grade
C
ADR
40 $
Occupancy
39%
Annual net rent
4,906 $
Primary Strategy: Balanced

Overview

Batumi Tower (REDCO) Key benefits: Seafront location (first line). 35-storey tower. Casino, indoor and outdoor pools. Fully furnished. Location: 6 Egnate Ninoshvili St, Batumi. Near Wedding Palace, Batumi Boulevard, Drama Theater, Apollo Cinema, circus, 2 km from airport. Tech: Monolithic-frame (high-tech style). Panoramic glazing. 3 passenger + 1 freight elevator. Amenities: Casinos, indoor and outdoor pools, fitness and spa centers, restaurants, underground parking, guest parking spaces, landscaped territory with lawns, ornamental plants, trees, wide driveways, pedestrian paths, street lighting. Units: 1-3-bedroom apartments (67.5–235.3 m²). Fully furnished. Purchase terms: Mortgage or installment available.

Project details

Construction status· CompletedArea range· 67.5-235.3 m²

Finish options

Fully furnished

Construction technology

Monolithic frame

Utilities

ElectricityWaterSewerageGas

Elevators

Passenger

Infrastructure

CasinoSwimming poolFitness centerSpaRestaurant

Parking

Underground

Security & Safety

SecurityCCTV
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
Egnate Ninoshvili St, 6

Nearby travel times

Walk to sea
29 min
Walk to park
27 min
Walk to school
38 min
Nearest major mall
Metro City Forum AVM
Drive to mall
5 min
REDCO is a Georgian real estate developer with market history since 2012 and 6 completed projects and 4 current projects visible in the portfolio. On HomeRadar, the developer is represented by projects such as Batumi Tower and Bamboo Beach Tsikhisdziri. 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

Batumi Tower

Batumi, Airport, Egnate Ninoshvili St, 6

Price from
84,500 $
Price per m²
2,000 $ / m²

Financing

Mortgage

Bank

Bank of Georgia

Terms

Investment loan / simplified mortgage; down payment 10%

Installment from developer

Provider

REDCO

Terms

Interest-free installment; up to 50 months; down payment 10%