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AI Investment Summary

Ramada Residences is under construction. Without a price for a specific apartment and a comparable rental estimate, a credible yield or payback figure is not available. An investor should base the decision on the actual offer, management terms and handover date. The project may suit a future city rental strategy, but the numbers need to be worked out for the chosen unit.

Final score
SOLD OUT
50
Liquidity
50
Net yield
8.1%
Appreciation potential score
Exit score
6.4/100
ADR
53 $
Occupancy
39%
Annual net rent
14,093 $
Primary Strategy: Capital Growth

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· Sold outConstruction status· Under constructionDelivery· 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

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
Niko Pirosmani St, 10

Nearby travel times

Walk to sea
29 min
Walk to park
27 min
Walk to school
38 min
Nearest major mall
Metro City Forum AVM
Drive to mall
5 min
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, Airport, Niko Pirosmani St, 10

Financing

Installment from developer

Provider

One Development

Terms

Installment up to 48 months; down payment from 20%