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AI Investment Summary

Green House is complete and has a C investment grade. Estimated rent is about $4,090 a year after taxes and maintenance costs; with renovation included, simple payback is close to 14 years. Coastal access may help rental demand, and the finished building can be inspected now. Actual returns will depend on the apartment's condition and seasonal occupancy.

60.3
Final score
60.3
60
Liquidity
60
Net yield
7.3%
Appreciation potential score
54.5/100
Exit score
42.9/100
Investment grade
C
ADR
40 $
Occupancy
46%
Annual net rent
4,088 $
Primary Strategy: Balanced

Overview

Green House Key benefits: 800m to the sea. 15-storey residential building (part hotel, part apartments). Concierge and property management. Location: 8 Tbilisi 1st Lane, Batumi. Makhinjauri resort, near Botanical Garden, Cape Verde, Mtirala National Park, sulfur baths. Tech: Contact sales office for technical specifications. Amenities: Commercial areas, closed area, underground parking, security, concierge. Units: Studios, 1-2-bedroom apartments (28–53 m²). Green frame finish or turnkey. Purchase terms: Installment plans.

Project details

Construction status· CompletedDelivery· 2023Area range· 28-53 m²

Finish options

Black frame

Infrastructure

Commercial areasSpaChildren's playground

Security & Safety

Closed territorySecurityReception

Parking

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

Green Cape: A Peaceful Residential Retreat Surrounded by Nature

Located north of Batumi, close to the Botanical Garden, Green Cape is known for its lush natural surroundings, low-rise architecture and tranquil atmosphere. With many buildings limited to five or six floors, the area feels more open and less densely developed than central Batumi. Its greenery and hillside setting offer a peaceful alternative to the city’s busier neighbourhoods.

Pros: Fresh air, panoramic views of the Black Sea and surrounding hills, a private residential atmosphere and convenient access to the Batumi Botanical Garden. The area offers greater privacy and a slower pace of life than central Batumi.

Cons: The choice of shops, cafés and everyday services is more limited. The hilly terrain makes a car highly recommended, while lower levels of tourist and pedestrian activity generally make the area better suited to long-term living than short-term holiday rentals.

✅ Who it suits: Buyers seeking a quieter lifestyle surrounded by nature; retirees and creative professionals who value privacy and space; and families with a car looking for peaceful residential living within easy reach of Batumi.

City
Batumi
District
Green Cape
Address
Tbilisi 1st Lane, 8

Nearby travel times

Walk to sea
6 min
Walk to park
20 min
Walk to school
99 min
Nearest major mall
Grand Mall
Drive to mall
21 min
ML Holding has projects in Batumi, including Green House. 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

Green House

Batumi, Green Cape, Tbilisi 1st Lane, 8

Price from
37,935 $
Price per m²
1,350 $ / m²