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AI Investment Summary
59.3
Final score
59.3
60
Liquidity
60
Net yield
23.2%
Capital growth
36.3
ADR
$78
Occupancy
61%
Annual net rent
$13,088
Primary Strategy: Balanced

Overview

Lux Residence (Nev-Bat Group) Key benefits: 630m to the sea. 20-storey residential tower. 3m ceilings. Underground parking. Location: 20 Grigol Eliava St, Batumi. Near Public School No. 27, Lech and Maria Kaczynski Park, Metro City Mall, 3 km from airport. Tech: Monolithic-frame. Brick walls. Neutral color palette. High-speed imported elevators. Amenities: Partially enclosed private courtyard, rest areas with eco-friendly pergolas and benches, children's playground, underground parking, guest parking, wide paved walkways, vehicle access lanes, modern streetlights, lawns, flowerbeds, decorative shrubs, 24/7 video surveillance. Units: Studios, 1-2-bedroom apartments (28–84.6 m²). Ceilings 3m. White frame finish. Purchase terms: Mortgage from TBC Bank.

Project details

Sales status· AvailableDelivery· 2026Area range· 28-84.6 m²

Finish options

White frame

Construction technology

Monolithic frame

Utilities

GasWaterElectricitySewerage

Elevators

Yes

Parking

Underground
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
Grigol Eliava St, 20
Nev-Bat Group is a Georgian real estate developer with market history since 2016 and 2 completed projects and 2 current projects visible in the portfolio. On HomeRadar, the developer is represented by projects such as Lux Residence, Zhiuli Shartava Ave, 28, Nova 2012, and New Bat Group. The portfolio is focused on liquid Batumi locations such as the Khimshiashvili corridor and Heroes Alley. The offer is most relevant for buyers who prioritize a specific city location and want to compare the project on its own merits.
More about the developer

Lux Residence

Batumi, Airport, Grigol Eliava St, 20

Price from
$28,000
Price per m²
$1,000 / m²