Real Palace Green is under construction in the Green Cape area. The rental model estimates about $6,760 a year after taxes and maintenance costs, with simple payback around 14 years once letting begins. Real Palace has five completed projects. Handover is indicated for 2027, and there is no rental income before then. This is better suited to a buyer who values the location than one seeking fast payback.
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Green Cape: A Peaceful Residential Retreat Surrounded by Nature
Located north of Batumi, close to the Botanical Garden, Green Cape is known for its lush natural surroundings, low-rise architecture and tranquil atmosphere. With many buildings limited to five or six floors, the area feels more open and less densely developed than central Batumi. Its greenery and hillside setting offer a peaceful alternative to the city’s busier neighbourhoods.
Pros: Fresh air, panoramic views of the Black Sea and surrounding hills, a private residential atmosphere and convenient access to the Batumi Botanical Garden. The area offers greater privacy and a slower pace of life than central Batumi.
Cons: The choice of shops, cafés and everyday services is more limited. The hilly terrain makes a car highly recommended, while lower levels of tourist and pedestrian activity generally make the area better suited to long-term living than short-term holiday rentals.
✅ Who it suits: Buyers seeking a quieter lifestyle surrounded by nature; retirees and creative professionals who value privacy and space; and families with a car looking for peaceful residential living within easy reach of Batumi.
Nearby travel times
Real Palace Green
Batumi, Green Cape, Bagi St, 12a
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%