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AI Investment Summary
54.2
Final score
54.2
60
Liquidity
60
Net yield
13.8%
Capital growth
31.1
ADR
$78
Occupancy
61%
Annual net rent
$13,088
Primary Strategy: Balanced

Overview

Lux Tower Key benefits: 1000m to the sea. 20-storey residential tower. 3m ceilings. Rooftop terrace with lounge area. Location: 196i Petre Bagrationi St, Batumi. Near New Boulevard, Dynamo Batumi Stadium (500m), Republican Children's Hospital (1 km), 7 min from airport. Tech: Monolithic-frame. Insulated walls. Energy-saving double-glazed windows. Amenities: Rooftop terrace with greenery and lounge area, children's playground, landscaped green yard, underground parking (2.6m ceiling), ground parking, security, CCTV, concierge. Units: 1-3-bedroom apartments (38.56–107 m²). Ceilings 3m. Finishes: black frame or white frame. Purchase terms: Installment with 30% down.

Project details

Sales status· AvailableDelivery· 2025Area range· 38.56-107 m²

Finish options

Black frameWhite frame

Construction technology

Monolithic frame

Utilities

ElectricityWaterSewerageGas

Elevators

Passenger

Infrastructure

PlaygroundLandscaped yard

Parking

Underground

Security & Safety

SecurityCCTVReception
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
Petre Bagrationi St, 196i
NewCity has projects in Batumi, including Lux Tower. 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

Lux Tower

Batumi, Chaobi, Petre Bagrationi St, 196i

Price from
$50,128
Price per m²
$1,300 / m²