HomeRadar logo
Exclusive
Back to map
AI Investment Summary

Cube benefits from a practical Heroes Alley location, yet its projected rental payback is long. The model estimates about $6,090 a year after taxes and maintenance costs, putting simple payback near 20 years once letting begins. Handover is indicated for 2027. The location may appeal to an investor who also values the property for personal use; the numbers are less persuasive for a quick-return strategy.

57
Final score
57
100
Liquidity
100
Net yield
5%
Appreciation potential score
44/100
Exit score
70.8/100
Investment grade
C
ADR
45 $
Occupancy
57%
Annual net rent
6,094 $
Primary Strategy: Balanced

Overview

Key benefits: 300m to the sea. 42-storey tower with asymmetrical cube design. 5-star hotel within the complex. Rooftop panoramic terrace.
Location: 21 Niko Pirosmani St, Batumi. Near House of Justice, Batumi Stadium, Dancing Fountains, 10 min from airport.
Tech: Monolithic-frame. White fiber cement panels. Glass facades. Panoramic windows. Open balconies with glass railings.
Amenities: Outdoor swimming pool, restaurant, summer cafe, reading lounge with library, conference room, yoga studio, gym, children's playground, underground parking for 100 cars, lobby, reception. 5-star hotel operator. Property management services.
Units: Studios, 1-bedroom apartments (35.9–89.6 m²).
Finishes: fully renovated or fully furnished.

Purchase terms: Mortgage from TBC Bank. Installment plans from 15% down.

Project details

Construction status· Under constructionDelivery· 2027Area range· 35.9-89.6 m²

Finish options

Fully renovatedFully furnished

Construction technology

Monolithic frame

Elevators

Yes

Infrastructure

Swimming poolRestaurantRecreational areaBusiness centerFitness centerTerraceChildren's playground

Parking

Underground

Security & Safety

Reception
Layouts59Last update: Oct 17, 2026
Price
65,877 $-360,223 $
Area
35-90 m²
Sort
Status
Layout preview

120,739 $

52.2 m²Floor 16Studio
Apartment 3006 Layout preview

142,831 $

45.3 m²Floor 30Studio
Layout preview

145,549 $

45.3 m²Floor 31Studio
Layout preview

145,608 $

43.7 m²Floor 311 bedroom
Layout preview

154,959 $

50.1 m²Floor 27Studio
Apartment 2006 Layout preview

157,837 $

61.8 m²Floor 201 bedroom
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
Niko Pirosmani St, 21

Nearby travel times

Walk to sea
13 min
Walk to park
2 min
Walk to school
3 min
Nearest major mall
Grand Mall
Drive to mall
2 min
Metropol has projects in Batumi, including Oval, Cube and The Parallel. 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

Cube

Batumi, Heroes Alley, Niko Pirosmani St, 21

Price from
120,739 $
Price per m²
2,313 $ / m²

Financing

Mortgage

Bank

TBC Bank

Terms

Mortgage available; down payment from 15%

Installment from developer

Provider

Metropol

Terms

Installment available

Latest news