Coordinat Batumi has a B investment grade. The rental model estimates about $5,280 a year after taxes and maintenance. Including renovation, simple payback is around 11.5 years once letting begins. The model looks encouraging, with a kindergarten planned on site, but rental income waits for completion.
Overview
Project details
Finish options
Construction technology
Elevators
Infrastructure
Security & Safety
Parking
Khimshiashvili District: Authentic Seaside Living at Accessible Prices
Located between Batumi’s Old Town and New Boulevard, Khimshiashvili is a calm, well-established neighbourhood with a genuine local character. Away from the busiest tourist areas, it is known for its open-air markets, family-run cafés serving local cuisine, public schools and convenient access to everyday services.
Pros: Proximity to the sea, with the beach within walking distance from many parts of the neighbourhood; a peaceful, unhurried residential atmosphere; fresh produce at accessible prices in local markets; and generally more affordable property options than in Batumi’s premium resort districts.
Cons: Much of the area consists of older apartment buildings and private houses, with fewer modern residential developments. The choice of leisure and resort-style amenities is also more limited, as this is primarily a residential neighbourhood rather than a tourist district.
✅ Who it suits: Local residents and international buyers looking for their first home in Georgia at a reasonable price; practical buyers who want to live within walking distance of the sea without paying a premium for a resort location; and families with school-aged children who value access to nearby schools and kindergartens.
Nearby travel times
Coordinat Batumi
Batumi, Khimshiashvili, Airport Highway, 73