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AI Investment Summary
54
Final score
54
60
Liquidity
60
Net yield
18.1%
Capital growth
30.6
ADR
$91
Occupancy
61%
Annual net rent
$15,154
Primary Strategy: Balanced

Overview

Ikon (Ikon Development) Key benefits: 350m to the sea. 21-storey residential tower. 3m ceilings. Stylobate rooftop with pool. Location: 26 Angisa St, Batumi. New Boulevard district, near Lech and Maria Kaczynski Park, 3 km from airport. Tech: Monolithic-frame. Facade panels. Panoramic windows. Spacious balconies. High-speed quiet elevators. Amenities: Stylobate rooftop with swimming pools and sun loungers, children's playground, quiet zones with benches, fitness center, supermarket, commercial spaces on ground floor, 3-level underground parking (38 spaces), landscaped courtyard with lawns and shrubs, 24/7 video surveillance, reception. Units: Studios, 1-2-bedroom apartments (33.4–71.1 m²). Ceilings 3m. White frame finish. Purchase terms: Mortgage from TBC Bank. Installment from 20% down.

Project details

Sales status· AvailableDelivery· 2027Area range· 33.4-71.1 m²

Finish options

White frame

Construction technology

Monolithic frame

Utilities

ElectricityWaterGasSewerage

Elevators

Passenger

Infrastructure

Landscaped yardSwimming poolChildren's playgroundFitness centerCommercial areas

Parking

Underground

Security & Safety

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

Airport District: Batumi’s Emerging Growth Area

Located in the southern part of Batumi, around the international airport and close to the New Boulevard, this rapidly developing district is seeing new residential complexes, commercial properties, and urban infrastructure emerge side by side. Buyers are attracted by relatively affordable entry prices and the potential for long-term property value growth as the area continues to develop.

Pros: Convenient transport connections — around 10–15 minutes to central Batumi, depending on traffic, and quick access to the main roads leading towards the Turkish border. The pebble beach is within walking or short driving distance, depending on the property’s exact location. Prices are generally more accessible than in central Batumi, making the area attractive to buyers seeking a modern new-build at a lower entry point. Local markets, shopping facilities, and everyday services are also available nearby.

Cons: Aircraft noise may occasionally be audible, particularly in properties located closer to the airport. Traffic can become heavier during the summer, especially on routes leading towards the Turkish border. The district currently has fewer premium cafés, restaurants, and landscaped parks than central Batumi, although its infrastructure continues to expand.

Who it suits: Investors considering one of Batumi’s developing residential areas; frequent travellers who value proximity to the airport; budget-conscious buyers seeking a modern new-build near the coast without the premium prices of central Batumi; and car owners and business travellers who appreciate convenient road connections.

City
Batumi
District
Airport
Address
Angisa St, 26
Ikon Development has projects in Batumi, including Ikon. 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

Ikon

Batumi, Airport, Angisa St, 26

Price from
$53,440
Price per m²
$1,600 / m²