Queen's Residence has a B investment grade. The model projects about $5,420 a year in rent after taxes and maintenance costs, with renovation included in simple payback near 12 years once letting begins. The shore is within walking distance, but the two buildings have different indicated handovers: late 2026 and late 2027. The chosen block determines when rental income could start.
Overview
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Airport District: Batumi’s Emerging Growth Area
Located in the southern part of Batumi, around the international airport and close to the New Boulevard, this rapidly developing district is seeing new residential complexes, commercial properties, and urban infrastructure emerge side by side. Buyers are attracted by relatively affordable entry prices and the potential for long-term property value growth as the area continues to develop.
Pros: Convenient transport connections — around 10–15 minutes to central Batumi, depending on traffic, and quick access to the main roads leading towards the Turkish border. The pebble beach is within walking or short driving distance, depending on the property’s exact location. Prices are generally more accessible than in central Batumi, making the area attractive to buyers seeking a modern new-build at a lower entry point. Local markets, shopping facilities, and everyday services are also available nearby.
Cons: Aircraft noise may occasionally be audible, particularly in properties located closer to the airport. Traffic can become heavier during the summer, especially on routes leading towards the Turkish border. The district currently has fewer premium cafés, restaurants, and landscaped parks than central Batumi, although its infrastructure continues to expand.
✅ Who it suits: Investors considering one of Batumi’s developing residential areas; frequent travellers who value proximity to the airport; budget-conscious buyers seeking a modern new-build near the coast without the premium prices of central Batumi; and car owners and business travellers who appreciate convenient road connections.
Nearby travel times
Queen's Residence
Batumi, Airport, Adlia St, 53
Financing
Bank
TBC Bank
Terms
Mortgage available; down payment from 20%
Provider
Tempo
Terms
Installment up to 18 months; down payment from 20%