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AI Investment Summary

Best Building has a B investment grade. Projected rent is about $4,920 a year after taxes and maintenance costs, with renovation included in simple payback around 10.7 years. The building is complete and the shore is a short walk away. Buyers can inspect the apartment, while its condition and seasonal demand will shape actual income.

67.1
Final score
67.1
60
Liquidity
60
Net yield
9.3%
Appreciation potential score
60.5/100
Exit score
43.4/100
Investment grade
B
ADR
41 $
Occupancy
61%
Annual net rent
4,923 $
Primary Strategy: Balanced

Overview

Best Building Key benefits: 300m to the sea. Two 12-storey buildings. 3.1m ceilings. Swimming pool and terrace. Location: 21 Grigol Eliava St, Batumi. Airport district, near Lech and Maria Kaczynski Park, Metro City Mall, 3 km from airport. Tech: Monolithic-frame. Foam block walls. Decorative plaster facade. Energy-saving double-glazed windows. High-speed elevators. Amenities: Children's playground, recreation area for adults, swimming pool, terrace, underground parking, guest parking, landscaped territory with trees and shrubs, 24/7 CCTV. Units: Studios, 1-3-bedroom apartments (33.2–94.1 m²). Ceilings 3.1m. Black frame finish. Purchase terms: Mortgage from TBC Bank. Installment up to 2 years.

Project details

Construction status· CompletedDelivery· Q4 2025Area range· 33.2-94.1 m²

Finish options

Black frameWhite frameGreen frame

Construction technology

Monolithic frame

Utilities

GasWaterElectricitySewerageHeating system

Elevators

Passenger

Infrastructure

Recreational areaChildren's playgroundSwimming poolTerrace

Parking

UndergroundGround level

Security & Safety

SecurityReception
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 Eliava St, 21

Nearby travel times

Walk to sea
7 min
Walk to park
7 min
Walk to school
25 min
Nearest major mall
Metro City Forum AVM
Drive to mall
5 min
Fast Builder Group has projects in Batumi, including Best Building. 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

Best Building

Batumi, Khimshiashvili, Grigol Eliava St, 21

Price from
34,870 $
Price per m²
1,100 $ / m²