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AI Investment Summary
55.4
Final score
55.4
60
Liquidity
60
Net yield
29.5%
Capital growth
32.7
ADR
$91
Occupancy
61%
Annual net rent
$15,154
Primary Strategy: Balanced

Overview

Red Key benefits: 490m to the sea. 26-storey residential tower. 7 high-speed elevators. Rooftop terrace with telescope area. Location: 30-32 Angisa St, Batumi. New Boulevard district, 15 min walk to Ardagani Lake, near Lech and Maria Kaczynski Park, 3 km from airport. Tech: Monolithic-frame (B25 concrete). Turkish pumice block walls. Brick, glass panels, aluminum composite facade. Energy-efficient double-glazed windows. Amenities: Children's development center, swimming pool, spa, fitness center, restaurant, cafe, chess club, rooftop terrace with telescope area, commercial spaces (dry cleaner, pharmacy, supermarket, coffee shop), underground parking for 500 cars, surface parking, 24/7 security, CCTV, reception. Units: Studios, 1-2-bedroom apartments (33– contact sales for max size). Finishes: black frame or white frame. Purchase terms: Mortgage from TBC Bank. Installment plans from 30% down.

Project details

Sales status· AvailableDelivery· 2028

Finish options

Black frameWhite frame

Construction technology

Monolithic frame

Utilities

GasWaterElectricitySewerage

Elevators

Yes

Infrastructure

Children's playgroundSwimming poolSpaFitness centerRestaurantCafeCommercial areasRecreational areaTerrace

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
Angisa St, 30-32
AB Development has projects in Batumi, including Red and Life Style. 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

Red

Batumi, Airport, Angisa St, 30-32

Price per m²
$1,070 / m²

Financing

Mortgage

Bank

TBC Bank

Terms

Mortgage available

Installment from developer

Provider

AB Development

Terms

Installment available