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AI Investment Summary

Palm Residence has a C investment grade. The rental model estimates about $5,160 a year after taxes and maintenance. Including renovation, simple payback is around 13 years. The payback horizon is moderate, and buyers can inspect the finished apartment and its condition before deciding.

62.9
Final score
62.9
60
Liquidity
60
Net yield
7.7%
Appreciation potential score
60.5/100
Exit score
42.9/100
Investment grade
C
ADR
43 $
Occupancy
61%
Annual net rent
5,164 $
Primary Strategy: Balanced

Overview

Palm Residence (LTD Solo Residence) Key benefits: 80m to the sea (first line). 18-storey residential building. 3m ceilings. SPA with indoor and outdoor pools. Location: 15 Lech and Maria Kaczynski St, Batumi. Near Metro City Mall, 5 min from airport. Tech: Monolithic-frame. High-speed noiseless elevators. Amenities: Closed territory, landscaped courtyard with park, children's playground, SPA center with indoor and outdoor swimming pools, sauna, gym, summer cinema, cafe-bar with terrace, underground parking, 24/7 security, CCTV, concierge. Units: Studios, 1-3-bedroom apartments (30.14–124.22 m²). Finishes: black frame, white frame, or green frame. Purchase terms: Interest-free installment up to 2 years with 50% down.

Project details

Construction status· CompletedDelivery· 2024Area range· 30.14-124.22 m²

Finish options

Black frameWhite frameGreen frame

Construction technology

Monolithic frame

Elevators

Yes

Security & Safety

Closed territorySecurityCCTVReception

Infrastructure

Landscaped yardChildren's playgroundSpaSwimming poolFitness centerCinemaCafeBarTerracePlayground

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
Lech and Maria Kaczynski St, 15

Nearby travel times

Walk to sea
16 min
Walk to park
3 min
Walk to school
16 min
Nearest major mall
Metro City Forum AVM
Drive to mall
2 min
LTD Solo Residence has projects in Batumi, including Palm Residence and Black Sea Line 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

Palm Residence

Batumi, Khimshiashvili, Lech and Maria Kaczynski St, 15

Price from
49,335 $
Price per m²
1,180 $ / m²