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AI Investment Summary
55.1
Final score
55.1
60
Liquidity
60
Net yield
23.4%
Capital growth
33.9
ADR
$74
Occupancy
46%
Annual net rent
$9,350
Primary Strategy: Balanced

Overview

Citron Residence Key benefits: 100m to the sea. 16-storey residential complex. Glass facades. Swimming pool on-site. Location: 49 Grigol Eliava St, Batumi. New Boulevard district, near Metro City Mall, 2 km from airport. Tech: Monolithic-frame. Glass facades. Mitsubishi elevators. Energy-efficient double-glazed windows. Amenities: Swimming pool, landscaped courtyard, lobby, underground parking, guest parking, 24/7 security, CCTV, concierge, reception. Units: Studios, 1-3-bedroom apartments (26–102 m²). Finishes: black frame or fully furnished. Purchase terms: Interest-free installment plans.

Project details

Sales status· Sold outDelivery· 2026Area range· 26-102 m²

Finish options

Black frameFully furnished

Construction technology

Monolithic frame

Utilities

GasWaterElectricityInternet

Elevators

Yes

Infrastructure

Commercial areasSwimming poolLandscaped yard

Security & Safety

ReceptionSecurityCCTV

Parking

Underground
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
Grigol Eliava St, 49
Citron Group has projects in Batumi, including Citron Residence Chakvi and Citron Orange. 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

Citron Residence

Batumi, Airport, Grigol Eliava St, 49

Price from
$40,000
Price per m²
$1,625 / m²

Financing

Mortgage

Bank

TBC Bank

Terms

Mortgage available; down payment from 20%

Installment from developer

Provider

Citron Group

Terms

0% installment; up to 60 months; down payment from 20%