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AI Investment Summary
Final score
Not enough data for an accurate score
50
Liquidity
50
Net yield
10.8%
Capital growth
5.3
ADR
$91
Occupancy
57%
Annual net rent
$14,160
Primary Strategy: Balanced

Overview

Bi Residence Key benefits: 120m to the sea. 18-storey rounded tower. Swimming pool, jacuzzi, summer cinema. Mitsubishi elevators. Location: 17 Rejeb Nizharaadze St, Batumi. New Boulevard district, near Adliya Street, 120m from coast. Tech: Monolithic-frame. High-quality facade with thermal insulation. Modern glazing. Amenities: Green courtyard, playgrounds, recreation areas, open veranda, swimming pool, jacuzzi, summer cinema, cafe-bar, underground parking, 24/7 security, CCTV, concierge. Units: Studios, 1-3-bedroom apartments (28.8–146.7 m²). Finishes: white frame, black frame, or fully furnished. Purchase terms: Property management for rental income. Online account for income reports.

Project details

Sales status· Sold outDelivery· 2023Area range· 28.8-146.7 m²

Finish options

White frameBlack frameFully furnished

Construction technology

Monolithic frame

Utilities

ElectricityWaterSewerageGas

Elevators

Yes

Infrastructure

SpaFitness centerCommercial areasPlayground

Parking

Underground

Security & Safety

SecurityCCTVReception
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
Rejeb Nizharaadze St, 17
Kasko is a Georgian real estate developer with market history since 2011 and 1 current project visible in the portfolio. On HomeRadar, the developer is represented by Bi Residence. The portfolio has a clear focus on Heroes Alley, one of the more recognizable Batumi search locations. The offer is most relevant for buyers who prioritize a specific city location and want to compare the project on its own merits. 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 after additional verification.
More about the developer

Bi Residence

Batumi, Airport, Rejeb Nizharaadze St, 17

Price from
$43,200
Price per m²
$1,500 / m²