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AI Investment Summary

Orbi Residence is complete, but the developer's apartments are sold out. Its short walk to the coast could interest a resale buyer seeking an existing building. Orbi Group has 14 completed projects. A meaningful payback estimate needs the asking price and condition of a particular apartment. If a unit appears for sale, its rental history and running costs deserve attention.

Final score
SOLD OUT
60
Liquidity
60
Net yield
61.3%
Appreciation potential score
Exit score
29.6/100
ADR
50 $
Occupancy
47%
Annual net rent
23,420 $
Primary Strategy: Rent Core
AI Living Summary

Orbi Residence is a finished building about five minutes on foot from the shore, with a park and school around a minute away. It has a children's area and underground parking. The short daily routes may suit a family. Developer units are sold out, so buyers would need to assess an individual resale apartment. Gas is provided in the building.

Living score
SOLD OUT
Infrastructure
81/100
Building
85/100
Quietness
60/100
Cost
60/100
Move-in readiness
60/100
Mobility
75/100

Overview

Orbi Residence in Batumi: completed seaside apartments, layouts and purchasing terms

Orbi Residence is a completed apartment development by Orbi Group at 2 Iusup Kobaladze Street in Batumi. Situated in the Khimshiashvili coastal neighbourhood, the building is known for a distinctive façade inspired by sea waves. Construction was completed in 2015, and the developer's original inventory is sold out. Accommodation ranges from compact studios to apartments with separate sleeping areas. HomeRadar also records children's facilities, underground parking and gas infrastructure. Buyers can inspect the existing building and evaluate the actual condition of an individual apartment before proceeding.

Location and surroundings

The complex stands in Batumi's Khimshiashvili district, near New Boulevard and the coastal residential neighbourhoods. A water park, shops, cafés, sports facilities and public transport stops are in the surrounding area. This allows everyday city activities to be combined with walks beside the sea. Travel to Old Batumi and some public institutions may require transport.

Orbi describes the location as first-line coastal property. HomeRadar walking routes indicate approximately five minutes to the sea and one minute each to a park and school. The drive to Grand Mall is estimated at around four minutes. Straight-line distance from the building to the water is not necessarily the same as the practical walk to an accessible beach, so it is useful to test the route from the relevant entrance.

The neighbourhood serves both residents and visitors. This creates plenty of services but can also mean summer traffic, late-opening cafés and heavier use of communal spaces. A sea view depends on floor level, window orientation and neighbouring buildings. Marketing panoramas should not be assumed to represent every apartment in the complex.

Architecture and building amenities

Orbi Residence is a high-rise building with a wave-shaped façade and panoramic windows. Buyers of an existing apartment should check the registered floor, lift convenience, entrance condition and running costs for shared spaces.

The original project specifications include passenger lifts, underground parking, security and CCTV. Families should examine entrance safety, access to play spaces and practical storage for pushchairs. An underground parking facility does not automatically mean an individually allocated space is included with the apartment; ownership, rental costs and access rules require checking.

Tourism and commercial services operate nearby, but they are not necessarily part of Orbi Residence's communal property. Pools, spas, restaurants or rental programmes at other Orbi developments may not be available to residents here. During a viewing, ask who manages the building, how lifts are maintained, what service charges apply and which rules govern owners, tenants and visitors.

Apartment layouts and finishing options

Published specifications describe apartments measuring approximately 22 to 63.5 m². They include studios, compact single-room units and layouts with separated bedrooms. Small apartments may suit one person or shorter visits, while larger configurations offer more flexibility for couples and longer stays. Useful floor area depends on the layout rather than the number in a listing alone.

The original developer handover format was described as black frame. In a development completed in 2015, this is historical information: owners may have renovated, fitted kitchens, installed air conditioning, changed bathrooms or adjusted internal zoning. The current condition of every resale unit must therefore be checked through recent photographs and a physical inspection.

Heating and cooling, moisture, sound insulation, ventilation and water systems matter for a purchase. For potential rental use, assess furniture, storage, guest check-in and cleaning arrangements as well. An apartment with an attractive view but an awkward kitchen or lift-adjacent noise may be less practical than a more modestly photographed unit.

Developer: Orbi Group

The property forms part of the Orbi Group portfolio. The Georgian developer was established in 1998 and is associated with major coastal apartment properties and mixed-use developments. Its official website presents Residence as a completed development with accommodation ranging from studios to larger family apartments. The company's track record offers context, but current management quality matters most in an existing building.

Nearby Orbi Plaza is at 4 Kobaladze Street, while Orbi Sea Towers is located at 15 Sherif Khimshiashvili Street. All three have coastal locations but differ in the number of buildings, organisation of communal areas and resale inventory. Compare the specific entrance, lift condition, fees and floor plan instead of treating properties with the Orbi name as interchangeable.

Because original sales have finished, a purchase will often involve an existing private owner. Before making payment, check registered title, encumbrances, unpaid fees and any undocumented internal alterations. Rights to shared facilities should be confirmed through the building's current operating rules.

Living and rental potential

Orbi Residence may suit buyers who want an existing property near the sea and shops without waiting for construction. Permanent residents may value the short routes to school and a park, local transport and the ability to select apartments with completed interiors. However, a coastal high-rise serving visitors can have different noise and guest-traffic patterns from a quieter family building.

For potential letting, Batumi's seasonal demand, the interior, view, guest rules and ownership costs will matter. The presence of short-stay apartments in the building does not guarantee revenue for a particular property. Establish whether independent letting is allowed, whether a management agreement applies and what cleaning, maintenance and repair costs arise.

Residence's principal strengths are its completed status, proximity to the shoreline and range of compact layouts. Important limitations include the age of technical systems, possible lift demand and wide variation between resale units. The actual apartment's documents and condition deserve more weight than historic developer marketing.

Frequently asked questions about Orbi Residence

Is Orbi Residence completed, and can I buy an apartment?

The development was completed in 2015, and original developer inventory is sold out. Resale offers may become available from private owners; availability, registered title and finishing should be checked for the specific unit.

What types of apartments are available at Orbi Residence?

The property includes studios and units with separated bedrooms, with published areas of approximately 22–63.5 m². Finishing, furniture and registered floor area can vary between offers.

Does Orbi Residence have gas and underground parking?

Verify the connections of the chosen apartment, parking rights and any additional charges before purchasing.

Project details

Sales status· Sold outConstruction status· CompletedArea range· 22.16-63.49 m²

Finish options

Black frame

Construction technology

Monolithic frame

Utilities

ElectricityWaterSewerageGas

Elevators

Passenger

Parking

Underground

Security & Safety

SecurityCCTV

Infrastructure

On-site child amenity
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, 2

Nearby travel times

Walk to sea
5 min
Walk to park
1 min
Walk to school
1 min
Nearest major mall
Grand Mall
Drive to mall
4 min

Orbi Group is a Georgian developer and construction holding specializing in apartment, hospitality and mixed-use property. Batumi is its principal market; its portfolio also includes projects in Tbilisi and Bakuriani. The group combines development, construction processes and subsequent hotel management.

Batumi experience and residential portfolio development

Orbi Sea Towers is one of the group's completed seaside projects. Its Batumi range also includes Orbi Plaza, Orbi Residence and Orbi Beach Tower. These represent its main specialization: apartment property associated with seaside living and tourism use.

Its portfolio also extends beyond large high-rise complexes. Orbi Marjanishvili and Orbi Old Batumi demonstrate the group's work on urban residential buildings in Batumi's historic district. This is a separate line within its broader housing business.

Large complexes and other markets

Orbi City, Avenue by Orbi, Avant-garde by Orbi, Comfort by Orbi and Orbi Continental represent large apartment and mixed-use formats. Orbi Millennium continues its seaside business, while Orbi City Mall adds commercial property to the portfolio.

Outside Batumi, the group is represented by Central Park Towers in Tbilisi and Orbi Bakuriani in Bakuriani. It combines urban and resort markets while retaining a clear focus on property with a service component.

Production and operations

Orbi Group describes its business as a full cycle, from production and construction through to hotel management. Development and property operations are connected within its holding structure. Commercial premises and hospitality functions complement the residential component in several projects.

Developer profile

The group's investment specialization centers on apartments and hospitality property. Large complexes and urban residential buildings form different parts of its own portfolio. The completed Orbi Sea Towers provides a specific example of delivered construction, while subsequent projects show its expansion across residential, service and commercial property.

More about the developer

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Orbi Residence

Batumi, Khimshiashvili, Iusup Kobaladze St, 2

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%

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