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AI Investment Summary
70.5
Final score
70.5
100
Liquidity
100
Net yield
14%
Capital growth
69.3
ADR
$107
Occupancy
57%
Annual net rent
$16,735
Primary Strategy: Flip / High ROI

Overview

Key benefits: 200m to the sea. Ultra-modern 34-storey oval-shaped tower. 5-star hotel within the complex. Panoramic sea views.

Location: 9 Zhiuli Shartava Ave, Batumi. Near Heroes Alley, Dancing Fountains, House of Justice, opposite Batumi Stadium.

Tech: Monolithic-frame. Curved facade lines with stained-glass glazing. Architectural lighting. Open glass balconies.

Amenities: Outdoor swimming pool, fitness center, wellness center, wine bar, cinema, lounge spaces, restaurant, shopping center, underground parking for 100 cars, lobby, reception, 24/7 security. Property management company. Concierge service.

Units: Studios, 1-bedroom apartments (30.5–72.7 m²).

Finishes: fully renovated or fully furnished with European appliances.

Purchase terms: Mortgage from TBC Bank. Installment plans from 15% down.

Project details

Sales status· AvailableDelivery· 2027Area range· 30.5-72.7 m²

Finish options

Fully renovatedFully furnished

Construction technology

Monolithic frame

Elevators

Yes

Infrastructure

Swimming poolRecreational areaRestaurantSpaBarCinema

Parking

Underground

Security & Safety

Reception
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
Zhiuli Shartava Ave, 9
Metropol has projects in Batumi, including Oval, Cube and The Parallel. 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

Oval

Batumi, Khimshiashvili, Zhiuli Shartava Ave, 9

Price from
$70,455
Price per m²
$2,310 / m²

Financing

Mortgage

Bank

TBC Bank

Terms

Mortgage available; down payment from 15%

Installment from developer

Provider

Metropol

Terms

Installment available