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AI Investment Summary
Final score
Not enough data for an accurate score
60
Liquidity
60
Net yield
7.6%
Capital growth
32.9
ADR
$91
Occupancy
39%
Annual net rent
$9,689
Primary Strategy: Balanced

Overview

Harmonia (Midtown Group) Key benefits: 700m to sea port. 13-storey residential building. Underground heated parking. Location: 67 Luka Asatiani St, Batumi. Near city hall (700m), seaport (15 min walk), 6 May Park, circus, Batumi Drama Theater, 10-15 min from airport. Tech: Monolithic-frame. Insulated facade with porcelain stoneware panels. 2 elevators. Amenities: Heated underground parking accessible by elevator, children's playground, pharmacy, grocery supermarket on ground floor, guest parking spaces. Units: 1-3-bedroom apartments (35.5–79.5 m²). Black frame finish. Option to convert into duplex apartments. Purchase terms: Installment from developer.

Project details

Sales status· Sold outArea range· 35.5-79.5 m²

Construction technology

Monolithic frame

Parking

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

Chaobi District: Batumi’s Dynamic Business and Transport Hub

This area stretches along one of Batumi’s main thoroughfares, running from the city centre toward the bypass road and the city’s outer districts. It is home to numerous offices, banks, major shopping centres such as Metro City and Goodwill, government institutions, and a wide range of everyday services. The district offers a vibrant, fast-paced urban lifestyle with convenient access to business and daily infrastructure.

Pros: Well-developed local infrastructure, including supermarkets, pharmacies, clinics, banks and schools nearby; convenient access to the main highway and bypass road; modern business centres; and panoramic views of the city, sea and mountains from many upper-floor properties.

Cons: Traffic noise and traffic-related air pollution may be noticeable along the busiest roads, particularly during peak hours. The beach is typically around 5–10 minutes away by car, depending on the property’s exact location and traffic conditions.

Who it suits: Business professionals and remote workers who value proximity to offices and co-working spaces; families looking for schools, clinics and everyday amenities within easy reach; and buyers who regularly use a car and appreciate convenient transport connections.

City
Batumi
District
Chaobi
Address
Luka Asatiani St, 67
Midtown Group is a Georgian real estate developer with market history since 2014 and 2 completed projects and 2 current projects visible in the portfolio. On HomeRadar, the developer is represented by projects such as Harmonia, Al Mare, and Al Mare Green. The portfolio has a clear focus on Green Cape, one of the more recognizable Batumi search locations. For buyers, the key is to compare the exact project, price per square metre, construction stage and rental or resale scenario.
More about the developer

Harmonia

Batumi, Chaobi, Luka Asatiani St, 67

Price from
$78,278
Price per m²
$2,205 / m²