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AI Investment Summary
66.6
Final score
66.6
60
Liquidity
60
Net yield
31.8%
Capital growth
43.9
ADR
$74
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 out

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
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

Price from
$39,000
Price per m²
$1,553 / m²

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%