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AI Investment Summary

Orbi Plaza is complete, but primary sales have ended. The finished building's access to the coast and city services may attract resale buyers. Orbi Group has 14 completed projects. Rental return and payback depend on the price of the individual apartment, so a figure without a live offer would mislead. Its condition and letting terms need to be assessed.

Final score
SOLD OUT
60
Liquidity
60
Net yield
31.8%
Appreciation potential score
Exit score
29.6/100
ADR
48 $
Occupancy
61%
Annual net rent
12,399 $
Primary Strategy: Rent Core

Overview

Orbi Plaza Key benefits: 160m to the sea. 22-storey hotel-style residential building. Emergency water supply system. Backup power source. Location: 4 Iusup Kobaladze St, Batumi. New Boulevard district, 3 km from city center. Tech: Monolithic-frame. Environmentally safe materials. Mitsubishi elevators. Amenities: Landscaped area with tropical trees and shrubs, driveways, pedestrian walkways, short-term parking, large underground parking, street lighting. Units: Contact sales office for area and layout information. Black frame finish. Purchase terms: Installment plans. Residence permit through simplified process.

Project details

Sales status· Sold outConstruction status· Completed

Finish options

Black frame

Construction technology

Monolithic frame

Parking

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

Khimshiashvili District: Authentic Seaside Living at Accessible Prices

Located between Batumi’s Old Town and New Boulevard, Khimshiashvili is a calm, well-established neighbourhood with a genuine local character. Away from the busiest tourist areas, it is known for its open-air markets, family-run cafés serving local cuisine, public schools and convenient access to everyday services.

Pros: Proximity to the sea, with the beach within walking distance from many parts of the neighbourhood; a peaceful, unhurried residential atmosphere; fresh produce at accessible prices in local markets; and generally more affordable property options than in Batumi’s premium resort districts.

Cons: Much of the area consists of older apartment buildings and private houses, with fewer modern residential developments. The choice of leisure and resort-style amenities is also more limited, as this is primarily a residential neighbourhood rather than a tourist district.

✅ Who it suits: Local residents and international buyers looking for their first home in Georgia at a reasonable price; practical buyers who want to live within walking distance of the sea without paying a premium for a resort location; and families with school-aged children who value access to nearby schools and kindergartens.

City
Batumi
District
Khimshiashvili
Address
Iusup Kobaladze St, 4

Nearby travel times

Walk to sea
8 min
Walk to park
2 min
Walk to school
1 min
Nearest major mall
Grand Mall
Drive to mall
1 min
Orbi Group is a Georgian real estate development company founded in 1998. The company says it pioneered Georgia’s investment real estate market and was the first in the country to develop multifunctional hotel complexes, with a major portfolio centered on Batumi. The stronger-scoring projects include Avenue by Orbi, Orbi Continental, and Orbi City, which stand out for their location and investment profile. The portfolio is focused on liquid Batumi locations such as Heroes Alley, the Khimshiashvili corridor, and central Batumi. This makes the developer especially relevant for buyers comparing investment potential, liquidity and long-term resale value.
More about the developer

Orbi Plaza

Batumi, Khimshiashvili, Iusup Kobaladze St, 4

Financing

Mortgage

Bank

TBC Bank

Terms

Mortgage available; down payment from 10%

Installment from developer

Provider

Orbi Group

Terms

Interest-free installment; up to 60 months; down payment from 10%