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AI Investment Summary
52.8
Final score
52.8
60
Liquidity
60
Net yield
14.2%
Capital growth
28.8
ADR
$103
Occupancy
61%
Annual net rent
$17,220
Primary Strategy: Balanced

Overview

Olympus Residence (Olympus) Key benefits: 60m to the sea (first line). Two 40-storey towers. 3.1m ceilings. Fitness and spa. Location: 53 Sherif Khimshiashvili St, Batumi. Near Batumi Mall, Republican Children's Hospital, Europark water park, ANRI Marine Engineering Academy, Lech and Maria Kaczynski Park, 3 km from airport. Tech: Monolithic-frame. Curved towers for sea views. Amenities: Fitness center, spa, beauty salon, children's room, playground, rooftop terraces, underground parking with car wash and dry cleaning, hotel within complex, 24/7 security, CCTV. Units: Studios, 1-3-bedroom apartments (33–95 m²). Ceilings 3.1m. White frame finish. Purchase terms: Property management for rental income.

Project details

Sales status· AvailableDelivery· 2026Area range· 33-95 m²

Finish options

White frame

Construction technology

Monolithic frame

Utilities

Gas

Elevators

Yes

Infrastructure

Fitness centerSpaBeauty salonSwimming poolChildren's playground

Parking

Underground

Security & Safety

SecurityCCTV
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
Sherif Khimshiashvili St, 53
Olympus has projects in Batumi, including Olympus Residence. 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

Olympus Residence

Batumi, Airport, Sherif Khimshiashvili St, 53

Price from
$62,700
Price per m²
$1,900 / m²