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AI Investment Summary

Serenade carries a C investment grade. Projected rent is about $4,910 a year after taxes and maintenance costs, with simple payback around 11.5 years once letting begins. Walkable access to the shore may help holiday letting, but delivery is indicated for 2028. Income cannot start before the apartment is ready, and actual occupancy will shape the result.

62.4
Final score
62.4
50
Liquidity
50
Net yield
8.8%
Appreciation potential score
50/100
Exit score
26.5/100
Investment grade
C
ADR
40 $
Occupancy
57%
Annual net rent
4,906 $
Primary Strategy: Balanced

Overview

Serenade Key benefits: 10 min walk to the sea. 16-storey residential tower. Rooftop swimming pool. Gasified building. Location: 57a Adlia St, Batumi. 5 min walk to Lech and Maria Kaczynski Park, near School No. 27, 10 min from airport. Tech: Monolithic-frame. Gas infrastructure. Panoramic windows. Open balconies with metal railings. High-speed elevators. Amenities: Rooftop swimming pool, lounge area, landscaped courtyard, children's playground, underground parking, surface parking, 24/7 security, reception, lobby. Units: Studios, 1-2-bedroom apartments (31–72 m²). Ceilings 3m. Finishes: green frame, fully renovated, or turnkey. Purchase terms: Mortgage from TBC Bank.

Project details

Construction status· Under constructionDelivery· 2028

Finish options

Green frameFully renovatedTurnkey

Construction technology

Monolithic frame

Elevators

Yes

Security & Safety

Reception

Utilities

Gas

Infrastructure

On-site child amenity
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
Adlia St, 57a

Nearby travel times

Walk to sea
7 min
Walk to park
22 min
Walk to school
15 min
Nearest major mall
Metro City Forum AVM
Drive to mall
5 min
Tempo Holding is a Batumi developer founded in 2023 under its current brand. Public company profiles describe it as focused on residential projects with extensive amenity packages, while also referencing broader development experience behind the business. On HomeRadar, the developer is represented by projects such as Queen's Residence and Serenade. The portfolio has a clear focus on Heroes Alley, one of the more recognizable Batumi search locations. The offer is most relevant for buyers who prioritize a specific city location and want to compare the project on its own merits. 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 after additional verification.
More about the developer

Serenade

Batumi, Airport, Adlia St, 57a

Price from
55,432 $
Price per m²
1,615 $ / m²

Financing

Mortgage

Bank

TBC Bank

Terms

Mortgage available; down payment from 20%

Installment from developer

Provider

Tempo

Terms

Installment up to 18 months; down payment from 20%