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AI Investment Summary
74.8
Final score
74.8
90
Liquidity
90
Net yield
48.3%
Capital growth
67.2
ADR
$62
Occupancy
57%
Annual net rent
$9,656
Primary Strategy: Flip / High ROI

Overview

Black Sea Towers Key benefits: 500m to the sea. Two 40-storey towers. Rooftop terrace with swimming pool. 4-level parking. Location: 16 Zhiuli Shartava St, Batumi. Near Black Sea Gate, Dancing Fountains, Batumi Hospital Clinic, 3.5 km from airport. Tech: Monolithic-frame. Modern architecture with vertical elements. Mitsubishi elevators. Amenities: Rooftop terrace, swimming pool, children's playground, landscaped greenery, fitness center, spa, lounge cafe, 4-level parking, security, CCTV. Units: 1-3-bedroom apartments (31.1–97.6 m²). Finishes: white frame or complete renovation. Purchase terms: Contact sales office for pricing and options.

Project details

Sales status· Sold outDelivery· 2024Area range· 31.1-97.6 m²

Finish options

White frameFully renovated

Construction technology

Monolithic frame

Utilities

ElectricityWaterGasSewerageMetal-plastic windows

Elevators

Passenger

Infrastructure

CafeFitness centerSpaSwimming poolChildren's playground

Parking

Parking Spaces

Security & Safety

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

Chaobi District: Batumi’s Dynamic Business and Transport Hub

This area stretches along one of Batumi’s main thoroughfares, running from the city centre toward the bypass road and the city’s outer districts. It is home to numerous offices, banks, major shopping centres such as Metro City and Goodwill, government institutions, and a wide range of everyday services. The district offers a vibrant, fast-paced urban lifestyle with convenient access to business and daily infrastructure.

Pros: Well-developed local infrastructure, including supermarkets, pharmacies, clinics, banks and schools nearby; convenient access to the main highway and bypass road; modern business centres; and panoramic views of the city, sea and mountains from many upper-floor properties.

Cons: Traffic noise and traffic-related air pollution may be noticeable along the busiest roads, particularly during peak hours. The beach is typically around 5–10 minutes away by car, depending on the property’s exact location and traffic conditions.

Who it suits: Business professionals and remote workers who value proximity to offices and co-working spaces; families looking for schools, clinics and everyday amenities within easy reach; and buyers who regularly use a car and appreciate convenient transport connections.

City
Batumi
District
Chaobi
Address
Zhiuli Shartava St, 16
Real Palace is a Georgian real estate developer founded in 2011. The company states that it has completed 12 projects in Tbilisi and Batumi and focuses on residential and hotel-type developments. The most notable project in the portfolio is Black Sea Towers, which stands out for its location and investment profile. The portfolio is focused on liquid Batumi locations such as Green Cape, the Khimshiashvili corridor, and Heroes Alley. This makes the developer especially relevant for buyers comparing investment potential, liquidity and long-term resale value.
More about the developer

Black Sea Towers

Batumi, Chaobi, Zhiuli Shartava St, 16

Price from
$20,000
Price per m²
$2,381 / m²

Financing

Mortgage

Bank

TBC Bank

Terms

Mortgage available; down payment from 30%

Installment from developer

Provider

Real Palace

Terms

0% installment; up to 18 months; down payment from 30%