Monogram is under construction and has a C investment grade. The model estimates about $5,400 a year in rent after taxes and maintenance, with simple payback near 15 years once letting starts. Shared facilities could support rental interest, while handover and operating terms will shape the result.
Monogram plans a children's club, coworking space, concierge service and underground parking with guest spaces. A park is around three minutes away on foot and a school about 11, while the seafront is farther. The shared facilities could make city living easier once the building opens.
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Security & Safety
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.
Nearby travel times
Symbol Development is a construction and development company in Batumi. Its business grew from building-material production into construction and then full-cycle property development. The company describes its own concrete plant as the starting point of that progression, followed by a construction business involved in regional projects.
Its residential development activity is represented by Monogram in Batumi’s New Boulevard area. The company combines its production and construction background in the development of its own housing, overseeing work from the foundations through the surrounding site works.
Its project team covers architecture, engineering, legal support and sales. This brings technical and commercial functions together with the company’s production background.
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Monogram
Batumi, Airport, Angisa St, 81/83