Real Palace Blue has a B investment grade. Estimated rent is about $5,400 a year after taxes and maintenance costs, implying simple payback of roughly 12 years once letting begins. Renovation is included in the calculation. Real Palace has five completed projects. The coast and daily services are close, while handover of this building is planned for Q4 2026. Rental income starts only after completion.
Real Palace Blue puts the shore about five minutes away on foot and a park about two minutes away. School and kindergarten are close to the project. Plans include a playground and both underground and surface parking. Real Palace has completed five projects, while this building is due in Q4 2026. It suits buyers who can wait for handover before moving in. Gas is planned for the development.
Overview
Real Palace Blue in Batumi: apartments near New Boulevard, layouts and completion date
Real Palace Blue is a 29-storey residential tower under construction at 95 Angisa Street in southern Batumi. Developed by Real Palace, it may suit buyers looking for an urban home near the coast, modern glazing and the flexibility to finish an apartment to their own specifications. Ground-floor commercial premises and parking form part of the project. Buyers should remember that the building is not yet complete and the binding handover date for an individual unit comes from its contract.
Location and surroundings
Blue is located in Batumi's Airport district, near New Boulevard, shops and residential neighbourhoods in the southern part of the city. Real Palace describes the sea as approximately 170 metres away. HomeRadar walking routes suggest around five minutes to the shore, two minutes to a park and one minute to a school.
Nearby shopping facilities and a skate park contribute to everyday convenience, alongside the broader infrastructure of New Boulevard. This may work for living throughout the year as well as holiday use. Travel to the historic centre and some city institutions may nevertheless require transport.
The area continues to develop. Nearby high-rise projects, road traffic and the airport can affect noise and views. The developer advertises panoramas of the sea, mountains and city, but the outlook from an individual apartment depends on its floor, orientation and potential neighbouring construction. Buyers should ask what is planned on adjacent sites and how this could influence daylight.
Architecture and building amenities
Real Palace Blue is planned as a 29-storey tower with panoramic windows and a contemporary exterior. Buyers should consider the selected floor, natural light, views, neighbouring buildings and convenience of the entrances.
Ground-floor commercial premises are planned, with parking for more than 100 cars. The concept also includes four lifts, leisure areas, a terrace, café, children's facilities, security and CCTV. Confirm which services will be operating and how owners may use them at handover.
For permanent living, lifts, building systems, parking and maintenance charges matter particularly. The presence of parking within the project does not mean a space is included in every apartment price. Ask about entrances, guest access, the future property manager and compulsory owner contributions.
Apartment layouts and finishing options
HomeRadar lists studios and one- or two-bedroom apartments measuring approximately 35–95 m². Compact units may work for a single occupant, short visits or possible letting, while separate bedrooms provide more flexibility for longer stays. Practical comfort will also depend on room shape, kitchen space, balcony position and storage.
Real Palace Blue offers apartments prepared for further interior finishing. The scope of work already included, bathroom condition, kitchen installation and domestic equipment depend on the particular unit's handover specification. Buyers should obtain a clear list of what is covered by the price.
HomeRadar uses the term green frame, but the contractual work schedule determines what buyers will actually receive. Bathrooms, fitted kitchens, interior decoration and furniture may still be needed. Comparing units also requires checking window direction, nearby towers and proximity to lift lobbies.
Developer: Real Palace
The developer is Real Palace, a Georgian property company active since 2011. On its official website, it reports twelve delivered projects across Batumi and Tbilisi. Its current portfolio includes both completed homes and developments under construction. This history provides context for assessing the company but does not replace checking Blue's contractual delivery terms.
For comparison, Mega Palace on Gorgiladze Street is an existing Real Palace development where developer inventory is sold out. Another project, Real Palace Green, offers a greener setting in Green Cape. Blue differs through its New Boulevard location and high-rise residential format.
When comparing projects from the same developer, focus on completion stage, the individual unit's price, finishing specification and management terms. Previous completed buildings can be useful references, while the Blue contract must set out the apartment's area, handover condition and date.
Living and rental potential
Real Palace Blue may appeal to buyers who want coastal access while remaining connected to everyday city services. A nearby school, park and shops may be useful to permanent residents, while the short route to the sea adds appeal for holidays. Southern Batumi is different from Old Batumi, however, with more ongoing construction and potential changes to the surroundings.
For possible letting, layout, finish, transport, seasonal demand and management arrangements will matter. Project materials mention property-management services, but independent letting rights, fees and compulsory payments must be checked in the relevant agreement. No rental income can arise from this unit before handover and completion of necessary finishing work.
Blue's key strengths are its New Boulevard address, range of apartment types and detailed basic handover specification. Important limitations include the construction waiting period, interior costs and the need to confirm actual views and future charges. It is better suited to buyers who can plan ahead rather than those needing an immediate home.
Frequently asked questions about Real Palace Blue
When will Real Palace Blue be completed?
Confirm the binding handover date and delivery condition for the selected apartment before signing the contract.
What is included in Real Palace Blue's finishing?
The finishing condition of the selected apartment should be checked before purchase. Confirm which work is complete and whether the price includes fitted bathrooms, a kitchen, furniture and appliances. For an existing apartment, an inspection of the actual unit is essential.
Will Real Palace Blue have parking and lifts?
The plans include parking for more than 100 cars and four Kleemann lifts. Check parking allocation and maintenance charges with the developer; shared parking does not automatically mean a free designated space for each owner.
Project details
Finish options
Elevators
Infrastructure
Parking
Security & Safety
Utilities
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
Real Palace is a Georgian developer operating since 2011. It develops residential and apartment property in Batumi and Tbilisi, combining urban housing with projects on the Black Sea coast.
History and construction experience
Real Palace's construction history includes Javakhishvili and Firosmani in Batumi and Isani in Tbilisi. Its later portfolio includes Black Sea Towers and New Era in Batumi. This geography demonstrates experience in both the capital and a coastal city, extending beyond a single resort complex.
Its Batumi portfolio also includes the completed Mega Palace and Apart-hotel White Voyage. They complement the company's housing specialization with apartment and hospitality formats. Black Sea Towers provides another specific example of its delivered development work.
Development in Batumi and Tbilisi
Newer portfolio directions include Real Palace Blue in Batumi and Real Palace Green in Mtsvane Kontskhi. In the capital, the company develops Arbour and Alto; its Batumi range also includes Nao. This distribution brings together urban residential projects and coastal property.
Operations and investment profile
Real Palace's service model includes the management of common property, covering shared spaces, engineering systems and building equipment. An administrator performs these functions under a service agreement. The company's property model therefore extends beyond construction into organized maintenance.
Its profile combines conventional urban housing with apartment developments incorporating a hospitality component. Both Tbilisi and Batumi matter to its business. Delivered address-based buildings, large complexes and its service model characterize Real Palace as a developer with its own housing construction history and several residential product lines.
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Real Palace Blue
Batumi, Airport, Angisa St, 95
Financing
Bank
TBC Bank
Terms
Mortgage available; down payment from 30%
Provider
Real Palace
Terms
0% installment; up to 18 months; down payment from 30%