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AI Investment Summary
61.2
Final score
61.2
60
Liquidity
60
Net yield
21.6%
Capital growth
37.7
ADR
$91
Occupancy
61%
Annual net rent
$15,154
Primary Strategy: Balanced

Overview

New Boulevard Elegance Key benefits: 50m to the sea (first line). 20-storey residential building. 2.9m ceilings. Kone elevators. Location: 2 Zgvispiris St, Batumi. Airport district, 50m from beach, near Lech and Maria Kaczynski Park, Metro City Mall, 3 km from airport. Tech: Monolithic-frame (7-point seismic resistance). Pumice block walls. Emergency diesel generator. Energy-saving double-glazed windows. Amenities: Commercial premises on ground floor (shops, cafes, fitness center), underground parking, guest parking, 24/7 CCTV, landscaping with ornamental trees and flower beds. Units: Studios, 1-3-bedroom apartments (31–75 m²). Ceilings 2.9m. Green frame finish. Purchase terms: Mortgage from TBC Bank. Installment for 3 years with 30% down.

Project details

Sales status· Sold outArea range· 31-75 m²

Finish options

Green frame

Construction technology

Monolithic frame

Utilities

GasWaterElectricitySewerageHeating systemInternet

Elevators

Passenger

Infrastructure

Commercial areas

Security & Safety

Closed territoryCCTV

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
Zgvispiris St, 2
Bat Towers is a Batumi construction and development company founded in 2016 by professional architects and builders. Official materials say the team has designed and built dozens of multi-storey residential houses, hotels, and other facilities in the city. On HomeRadar, the developer is represented by projects such as New Boulevard Residence, Bat Towers, New Bat Group, and Nova 2012. The portfolio has a clear focus on the Khimshiashvili corridor, one of the more recognizable Batumi search locations. This profile suits buyers who want several options under one developer and prefer to compare price, format and completion stage before choosing.
More about the developer

New Boulevard Elegance

Batumi, Airport, Zgvispiris St, 2

Price from
$70,000
Price per m²
$1,778 / m²