Parnavaz Mepe st. 65

1 house is under construction, next delivery in Q1 2028

1/1

AI Investment Summary

Final score

Not enough data for an accurate score

Liquidity

Net yield

3.6%

Capital growth

22.3

ADR

$91

Occupancy

39%

Annual net rent

$9,689

Primary Strategy: Balanced

Overview

Parnavaz Mepe st. 65 Key benefits: 10 min walk to the sea. 8-storey residential building. 3m ceilings. Only 46 apartments. Location: 65 Parnavaz Mepe St, Batumi. Central district, near 6 May Park, Batumi Sea Port, Argo cable car, 10 min walk to beach, 20 min from airport. Tech: Monolithic-frame. Reinforced concrete frame. Cascading tier formation. Glass balcony railings. Architectural lighting. Passenger elevator. Amenities: Courtyard with landscaping, video surveillance system, commercial premises on first floor (grocery store, coffee shop, yoga studio), underground parking, access roads, pedestrian alleys, recreation areas, trees and shrubs. Units: Studios, 2-3-room apartments (31–181 m²). Ceilings 3m. Basic preparation with installed communications. Purchase terms: Mortgage from TBC Bank.

Project details

Sales status· AvailableDelivery· 2028Area range· 31.4-181 m²

Finish options

Black frame

Construction technology

Monolithic frame

Elevators

Yes

Parking

Underground

Layouts

Layouts are not published for this project yet.

Location

Old Town: Historic Charm in the Heart of Batumi

Batumi’s Old Town is one of the city’s most distinctive and atmospheric districts, known for its narrow cobblestone streets, 19th-century architecture and proximity to the seaside boulevard. The area is home to the port, Europe Square, popular restaurants, cafés and souvenir shops, creating a lively urban atmosphere throughout the day and evening.

Pros: Excellent walkability, with major attractions, restaurants and the waterfront close by; a unique historic atmosphere; sea, city and mountain views from selected properties; and strong demand for short-term rentals due to the central location.

Cons: Street noise can be noticeable, particularly in the evening and during the tourist season. Parking is limited, property prices are generally among the highest in Batumi, and many older buildings may require renovation or additional maintenance.

✅ Who it suits: Investors focused on short-term rental demand in central Batumi; international buyers and expats who value historic architecture and an authentic urban atmosphere; and younger residents who prefer a walkable lifestyle without relying on a car.

City

Batumi

District

Old Batumi

Address

1 house is under construction, next delivery in Q1 2028

Comfort Building

Comfort Building has projects in Batumi, including Comfort House and Parnavaz Mepe st. 65. 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