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AI Investment Summary

Compact House is complete and has a B investment grade. The rental model points to about $4,540 a year after taxes and maintenance costs. With renovation included, simple payback is around 13.5 years. Elt Building has four completed projects. A buyer can inspect the actual unit before purchase, while the projected return leaves little room to ignore condition, layout or rental demand.

65.7
Final score
65.7
60
Liquidity
60
Net yield
7.5%
Appreciation potential score
54/100
Exit score
46.5/100
Investment grade
B
ADR
37 $
Occupancy
39%
Annual net rent
4,538 $
Primary Strategy: Balanced

Overview

Compact House Key benefits: 2km to the beach. 6-storey residential building. Only 55 apartments. Private fenced courtyard. Location: 10 Rurua St, Batumi. Near Hopa Bazaar and Hopa Market, 6 km from airport, 10 min from Argo cable car. Tech: Monolithic-frame. Ceramic brick exterior. Flat roof with soft roll waterproofing. Panoramic windows. Open balconies with tempered glass railings. Amenities: Landscaped courtyard, children's playground, gazebo with benches, bicycle parking, commercial spaces on ground floor, surface parking, 24/7 surveillance cameras. Units: 1-3-bedroom apartments (42.8–126.9 m²). Ceilings 3m. White frame finish. Purchase terms: Mortgage from TBC Bank.

Project details

Construction status· CompletedDelivery· 2026Area range· 42.78-126.85 m²

Finish options

White frame

Construction technology

Monolithic frame

Elevators

Yes

Parking

Ground level

Infrastructure

On-site child amenity
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
Rurua St, 10

Nearby travel times

Walk to sea
29 min
Walk to park
24 min
Walk to school
35 min
Nearest major mall
Metro City Forum AVM
Drive to mall
5 min

ELT Building is a Georgian real estate development company operating since 2017. The company primarily focuses on residential and investment-oriented developments in Batumi.

The developer’s portfolio includes seven completed projects: Sunrise, Rainbow, La Quinta by Wyndham, Sunset, Optima Residence, Compact House, and Marina Club. ELT Building is currently developing two projects in Batumi — OXY Residence and Status House.

The company delivers a range of property formats, from residential complexes designed for permanent living to apart-hotels and investment properties. ELT Building also cooperates with international hospitality brands, strengthening its experience in the development and management of tourism and hotel-oriented real estate.

More about the developer

Compact House

Batumi, Airport, Rurua St, 10

Price from
47,280 $
Price per m²
1,000 $ / m²

Financing

Mortgage

Bank

TBC Bank, Liberty Bank

Terms

Mortgage available; down payment from 30%

Installment from developer

Provider

Elt Building

Terms

0% installment; up to 36 months; down payment from 30%