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AI Investment Summary
65
Final score
65
60
Liquidity
60
Net yield
15.9%
Capital growth
42.2
ADR
$66
Occupancy
60%
Annual net rent
$10,841
Primary Strategy: Rent Core

Overview

Mardi Corner Yard Key benefits: 500m to the sea. 5-storey residential building. Historical district of Batumi. Only 18 apartments. Location: 1 Stepane Zubalashvili St, Batumi. Old Batumi district, near historical architecture. Tech: Monolithic-frame. Design inspired by Old Batumi style. PVC profile windows with double glazing. Amenities: Commercial premises on first level, equipped courtyard, ground level parking, security, CCTV. Units: Studios, 1-3-bedroom apartments (13.7–79.8 m²). Black frame finish. Purchase terms: Individual approach from developer.

Project details

Sales status· Sold outArea range· 13.7-79.8 m²

Finish options

Black frame

Construction technology

Monolithic frame

Utilities

GasWaterElectricityTVInternetTelephone

Elevators

Passenger

Infrastructure

Commercial areasLandscaped yard

Parking

Ground level

Security & Safety

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

Old Town: Historic Charm in the Heart of Batumi

Batumi’s Old Town is one of the city’s most distinctive and atmospheric districts, known for its narrow cobblestone streets, 19th-century architecture and proximity to the seaside boulevard. The area is home to the port, Europe Square, popular restaurants, cafés and souvenir shops, creating a lively urban atmosphere throughout the day and evening.

Pros: Excellent walkability, with major attractions, restaurants and the waterfront close by; a unique historic atmosphere; sea, city and mountain views from selected properties; and strong demand for short-term rentals due to the central location.

Cons: Street noise can be noticeable, particularly in the evening and during the tourist season. Parking is limited, property prices are generally among the highest in Batumi, and many older buildings may require renovation or additional maintenance.

Who it suits: Investors focused on short-term rental demand in central Batumi; international buyers and expats who value historic architecture and an authentic urban atmosphere; and younger residents who prefer a walkable lifestyle without relying on a car.

City
Batumi
District
Old Batumi
Address
Stepane Zubalashvili St, 1
Mardi Holding is a Georgian developer with a diversified portfolio spanning residential, commercial, and hospitality projects. The stronger-scoring projects include Airport Highway, 25 and Mardi Corner Yard, which stand out for their location and investment profile. The portfolio is focused on liquid Batumi locations such as Old Batumi, central Batumi, and the Khimshiashvili corridor. This makes the developer especially relevant for buyers comparing investment potential, liquidity and long-term resale value.
More about the developer

Mardi Corner Yard

Batumi, Old Batumi, Stepane Zubalashvili St, 1

Price from
$68,000
Price per m²
$2,442 / m²

Financing

Mortgage

Bank

TBC Bank

Terms

Mortgage available; down payment 30%

Installment from developer

Provider

Mardi Holding

Terms

0% installment; up to 36 months; down payment 30%