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AI Investment Summary
65.8
Final score
65.8
60
Liquidity
60
Net yield
28.4%
Capital growth
43.4
ADR
$58
Occupancy
61%
Annual net rent
$9,644
Primary Strategy: Rent Core

Overview

Rainbow Key benefits: 100m to the sea. 15-storey L-shaped building. Colored horizontal balconies. Rooftop terrace with pool and summer cinema. Location: 6 Adlia Street, Batumi. Airport district, near Lech and Maria Kaczynski Park, 3 km from airport. Tech: Monolithic-frame. Reinforced concrete frame. Energy-saving double-glazed windows. Black panoramic glazing at corners. Amenities: Rooftop landscaped veranda, swimming pool, jacuzzi, summer cinema, cafe-bar, children's playground, recreation areas, underground parking, guest parking, 24/7 security, CCTV, concierge. Units: Studios, 1-bedroom apartments (23.2–78.7 m²). Ceilings 3m. Black frame finish. Purchase terms: Interest-free installment up to 3 years with 30% down. Discount for full payment.

Project details

Sales status· Sold outDelivery· 2024Area range· 23.2-78.7 m²

Finish options

Black frame

Construction technology

Monolithic frame

Elevators

Passenger

Parking

Underground

Security & Safety

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

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.

City
Batumi
District
Airport
Address
Adlia Street, 6

ELT Building is a Georgian real estate development company operating since 2017. The company primarily focuses on residential and investment-oriented developments in Batumi.

The developer’s portfolio includes seven completed projects: Sunrise, Rainbow, La Quinta by Wyndham, Sunset, Optima Residence, Compact House, and Marina Club. ELT Building is currently developing two projects in Batumi — OXY Residence and Status House.

The company delivers a range of property formats, from residential complexes designed for permanent living to apart-hotels and investment properties. ELT Building also cooperates with international hospitality brands, strengthening its experience in the development and management of tourism and hotel-oriented real estate.

More about the developer

Rainbow

Batumi, Airport, Adlia Street, 6

Price from
$34,000
Price per m²
$1,054 / m²

Financing

Mortgage

Bank

TBC Bank, Liberty Bank

Terms

Mortgage available; down payment from 30%

Installment from developer

Provider

Elt Building

Terms

0% installment; up to 36 months; down payment from 30%