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AI Investment Summary
Final score
Not enough data for an accurate score
50
Liquidity
50
Net yield
8.1%
Capital growth
1.9
ADR
$132
Occupancy
39%
Annual net rent
$14,093
Primary Strategy: Balanced

Overview

Ramada Residences (One Development) Key benefits: 400m to the sea. 45-storey tower with Ramada hotel (floors 1-6). Swimming pool and spa. Turnkey finish. Location: 10 Niko Pirosmani St, Batumi. New Boulevard district, near Ardagani Lake with Dancing Fountains, 10 min from airport. Tech: Monolithic-frame. Burgundy facade with green balcony frames. Curved tilted roof. Glass facade with stained-glass elements. High-speed elevators. Amenities: Swimming pool, fitness center, spa, conference room, lounge area, bar, 4-level surface parking, underground parking, commercial spaces on lower levels, landscaped courtyard, 24/7 CCTV, security, reception. Units: Studios, 1-3-bedroom apartments (33.1–75.8 m²). Fully renovated or turnkey. Purchase terms: Mortgage from TBC Bank.

Project details

Sales status· AvailableDelivery· 2029Area range· 33.1-75.8 m²

Finish options

Fully renovatedTurnkey

Construction technology

Monolithic frame

Elevators

PassengerFreight

Infrastructure

Swimming poolSpaFitness centerBusiness centerRecreational areaBar

Parking

Underground

Security & Safety

CCTVSecurityReception
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
Niko Pirosmani St, 10
One Development has projects in Batumi, including Home and One. 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

Ramada Residences

Batumi, Khimshiashvili, Niko Pirosmani St, 10

Price from
$105,093
Price per m²
$3,175 / m²

Financing

Installment from developer

Provider

One Development

Terms

Installment up to 48 months; down payment from 20%