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AI Investment Summary

Black Sea Line Residence is complete, but the developer's apartments are sold out. A rental return or payback figure for a resale unit needs its actual asking price. Buyers can inspect the apartment and judge its condition before committing. The nearby park adds appeal for personal use, while the investment case should be calculated for the chosen property.

Final score
SOLD OUT
50
Liquidity
50
Net yield
31.2%
Appreciation potential score
Exit score
6.7/100
ADR
42 $
Occupancy
57%
Annual net rent
12,230 $
Primary Strategy: Capital Growth

Overview

Black Sea Line Residence Key benefits: 150m to the sea (first line). 8-storey residential building. Private outdoor pool with lounge. Rooftop cafe-terrace. Location: 7/9 Saint Andrew Highway, Gonio. Gonio resort, near Gonio-Apsaros Fortress, 8 km from airport. Tech: Monolithic-frame (9-point seismic resistance). Reinforced concrete monolithic frame. Decorative plaster facade. Energy-saving double-glazed windows. Amenities: Fenced territory with hedge, outdoor pool with lounge, rooftop cafe-terrace, private parking, 24/7 CCTV, security, concierge. Units: Studios, 1-bedroom apartments (29–49.5 m²). Black frame finish. Purchase terms: Interest-free installment up to 30 months with 30% down. Maintenance and rental services available.

Project details

Sales status· Sold outConstruction status· CompletedDelivery· 2025Area range· 29-49.5 m²

Finish options

Black frameWhite frameFully furnished

Construction technology

Monolithic frame

Elevators

Passenger

Security & Safety

Closed territoryCCTVSecurityReception

Infrastructure

Swimming poolRecreational areaCafeTerrace

Parking

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

Heroes Alley District: Batumi’s Modern Residential and Business Center

Heroes Alley is one of Batumi’s most rapidly developing central areas, centered around Zhiuli Shartava Avenue and the surrounding streets. The area features modern high-rise residential complexes, commercial spaces, sports facilities, and other urban amenities. Located between Batumi’s historic center and the southern part of the city, the district combines convenient access to the seafront with well-developed urban infrastructure.

Advantages: modern development and a wide selection of new residential complexes; a convenient location in relation to the city center, New Boulevard, and major urban roads; shops, supermarkets, cafés, schools, and other everyday services are located nearby. The district is also home to a major football stadium, while the seafront and beach are within walking distance from many parts of the area. Heroes Alley is developing as a business and commercial hub as well, helping maintain activity throughout the year rather than only during the summer season.

What to consider: the area is still undergoing active development, so construction work may be taking place near some residential complexes. Main roads can experience heavier traffic and increased noise levels during peak hours. The density of high-rise development is gradually increasing, so buyers should consider the location of neighboring and planned projects, as these may affect future views from an apartment.

✅ Who it suits: buyers who want to live in a modern part of Batumi close to the city center and the sea; investors considering property for long-term or short-term rental; families and professionals who value well-developed urban infrastructure; and buyers who prefer new residential complexes in a rapidly developing part of the city.

City
Batumi
District
Heroes Alley
Address
Saint Andrew Highway, 7/9

Nearby travel times

Walk to sea
18 min
Walk to park
1 min
Walk to school
8 min
Nearest major mall
Grand Mall
Drive to mall
12 min
Black Sea Line Management has projects in Batumi, including Black Sea Line Residence. 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

Black Sea Line Residence

Batumi, Heroes Alley, Saint Andrew Highway, 7/9