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AI Investment Summary

LemonGarden Residence & Spa carries a C investment grade. The model estimates about $5,270 a year in rent after taxes and maintenance costs, with renovation included in simple payback near 11 years. The building is complete and the shore is walkable. The chosen apartment's condition and occupancy outside the peak season will shape actual returns.

64.5
Final score
64.5
50
Liquidity
50
Net yield
9.1%
Appreciation potential score
57/100
Exit score
27.9/100
Investment grade
C
ADR
43 $
Occupancy
57%
Annual net rent
5,274 $
Primary Strategy: Balanced

Overview

LemonGarden Residence & Spa Key benefits: 400m to the sea. 21-storey residential and hotel complex. Rooftop terrace with pool and open-air cinema. 3m ceilings. Location: 12 Zgvispiris St, Batumi. New Boulevard district, 400m from Black Sea coast, near Seaside Park, 7 min from airport. Tech: Monolithic-frame (8-point earthquake resistance). Fire-resistant concrete blocks. MITSUBISHI elevators. Panoramic energy-efficient windows. Amenities: Private recreational area (2600 m²) with lemon trees, children's playground, relaxation zones, boutique hotel, panoramic restaurant, cafe, fitness center, spa with sauna, rooftop terrace with swimming pool, sun loungers, bar, open-air cinema, underground parking (2500 m²), surface guest parking, 24/7 security, CCTV, reception, lobby bar. Units: Studios, 1-3-bedroom apartments (29.2–75.4 m²). Ceilings 3m. Finishes: black frame, white frame, or fully renovated. Purchase terms: Contact sales office for pricing and options.

Project details

Construction status· CompletedDelivery· Q4 2025Area range· 29.2-75.4 m²

Finish options

Black frameWhite frameFully renovated

Construction technology

Monolithic frame

Infrastructure

Swimming poolSpaFitness centerRestaurantCafeLandscaped yardChildren's playgroundSports ground

Parking

Underground

Security & Safety

SecurityCCTV

Utilities

Gas
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
Zgvispiris St, 12

Nearby travel times

Walk to sea
8 min
Walk to park
7 min
Walk to school
19 min
Nearest major mall
Metro City Forum AVM
Drive to mall
2 min
Georgian Group has projects in Batumi, including LemonGarden Residence & Spa. 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

LemonGarden Residence & Spa

Batumi, Airport, Zgvispiris St, 12

Price from
40,004 $
Price per m²
1,200 $ / m²