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AI Investment Summary

Horizon Grand Residence has a B investment grade. Projected rent is about $4,920 a year after taxes and maintenance costs, with simple payback near 10.5 years once letting begins. Horizon Batumi has three completed projects. The shore and park are close, but the two blocks have indicated handovers in early 2028 and early 2029. Rental income starts only after the chosen block is ready.

72.7
Final score
72.7
60
Liquidity
60
Net yield
9.6%
Appreciation potential score
60.5/100
Exit score
48.4/100
Investment grade
B
ADR
41 $
Occupancy
61%
Annual net rent
4,923 $
Primary Strategy: Balanced

Overview

Horizon Grand Residence Key benefits: 400m to the sea. Two 27-storey towers. Indoor and outdoor pools. Mini stadium and climbing wall. Location: 72 Angisa 1st Lane, Batumi. Near Lech and Maria Kaczynski Park, Metro City Mall, 2.7 km from airport. Tech: Monolithic-frame. Energy-saving double-glazed windows. High-speed elevators (6 passenger, 4 freight). Amenities: Indoor and outdoor pools, fitness, spa, restaurant terrace, gym, playground, mini stadium, climbing wall, lounge bar, coworking, children's playroom, yoga studio, dance studio, greenmarket, coffee house, hookah bar, wine bar, tea room, laundry, pharmacy, ATM, underground parking, surface guest parking, 24/7 security, CCTV, concierge. Units: Studios, 1-3-bedroom apartments (33.1–93.4 m²). Finishes: white frame or turnkey. Purchase terms: Interest-free installment until end of construction with 30% down.

Project details

Construction status· Under constructionDelivery· Q1 2029Area range· 33.1-93.4 m²

Finish options

White frameTurnkey

Construction technology

Monolithic frame

Infrastructure

RestaurantTerraceFitness centerPlaygroundSwimming poolSports groundChildren's playground

Parking

Underground

Security & Safety

SecurityCCTVReception

Utilities

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

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.

City
Batumi
District
Khimshiashvili
Address
Angisa 1st Lane, 72

Nearby travel times

Walk to sea
7 min
Walk to park
4 min
Walk to school
8 min
Nearest major mall
Metro City Forum AVM
Drive to mall
2 min
Horizon Batumi is a Batumi developer that has been operating in the real estate market since 2013. Official company materials state that it focuses on first-line Black Sea hotel and residential projects and reports five projects with a total construction area of about 200,000 square meters. On HomeRadar, the developer is represented by projects such as Horizons Deluxe, Horizon Grand Residence, Horizons Club, and Horizons Elegance. The portfolio is focused on liquid Batumi locations such as the Khimshiashvili corridor and Old Batumi. This profile suits buyers who want several options under one developer and prefer to compare price, format and completion stage before choosing.
More about the developer

Horizon Grand Residence

Batumi, Khimshiashvili, Angisa 1st Lane, 72

Price from
51,471 $
Price per m²
1,005 $ / m²

Financing

Mortgage

Bank

TBC Bank

Terms

Mortgage available; down payment from 20%

Installment from developer

Provider

Horizon Batumi

Terms

0% installment; up to 48 months; down payment from 20%