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AI Investment Summary
54.7
Final score
54.7
60
Liquidity
60
Net yield
16.8%
Capital growth
31
ADR
$103
Occupancy
60%
Annual net rent
$16,937
Primary Strategy: Balanced

Overview

Piaza Residence Key benefits: Central Batumi location. 18-storey residential building. Private piazza and fountains. Restaurant and cafe on-site. Location: 59 Vakhtang Gorgasali St, Batumi. Tech: Monolithic-frame. Amenities: Private piazza and fountains, restaurant, cafe, workspaces, underground parking, reception, lobby, security, concierge. Units: Contact sales office for area and layout information. Purchase terms: Contact sales office for pricing and options.

Project details

Sales status· Available

Construction technology

Monolithic frame

Elevators

Yes

Infrastructure

FountainRestaurantCafeBusiness center

Parking

Underground

Security & Safety

ReceptionSecurity
Layouts
Layouts are not published for this project yet.
Location

Downtown Batumi: Where Modern Resort Living Meets Smart Investment

This district stretches along Batumi’s waterfront promenade, beginning near the Batumi Lighthouse. It is defined by sleek glass-and-steel architecture, European-style pedestrian boulevards, cycle paths, and a wide selection of beachfront cafés and restaurants. This is one of the city’s most sought-after locations for purchasing studios and apartments for rental income.

Pros: Panoramic sea views from many apartments, particularly on the upper floors; modern residential complexes with swimming pools, gyms, and concierge services; one of the city’s most popular and well-developed promenades; and strong tourist demand, especially during the main travel season.

Cons: Some of the highest property prices in Batumi; relatively dense development, with buildings often located close together; windy conditions during the winter months; and possible elevator waiting times in larger complexes during the peak summer season.

Who it suits: Medium- and long-term investors focused on rental income and property value growth; international digital nomads and remote professionals who value modern amenities; and buyers who appreciate contemporary architecture, rooftop terraces, resort-style facilities, and the energy of a vibrant waterfront community.

City
Batumi
District
Downtown
Address
Vakhtang Gorgasali St, 59
Tower Group has projects in Batumi, including Panorama and Piaza 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

Piaza Residence

Batumi, Downtown, Vakhtang Gorgasali St, 59

Price per m²
$2,400 / m²

Financing

Mortgage

Bank

TBC Bank

Terms

Mortgage available; down payment from 10%

Installment from developer

Provider

Tower Group

Terms

Interest-free installment; up to 48 months; down payment from 10%