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AI Investment Summary

Shekvetili GardenSea offers a completed, smaller-scale building near the coast. The rental model estimates about $5,290 a year after taxes and maintenance, with simple payback of roughly 11 years once regular letting begins. This is a seasonal resort scenario rather than an assumption of steady year-round demand. The apartment, its preparation and occupancy outside summer will determine the result.

59.2
Final score
59.2
40
Liquidity
40
Net yield
9%
Appreciation potential score
48.7/100
Exit score
35.1/100
Investment grade
C
ADR
70 $
Occupancy
28%
Annual net rent
5,290 $
Primary Strategy: Balanced
AI Living Summary

Shekvetili GardenSea is a completed five-storey building on Shavi Zghvis Street in Shekvetili, with a passenger lift, landscaped courtyard and surface parking. Its smaller scale and coastal setting may suit buyers seeking a holiday apartment. Year-round residents need to factor in seasonal changes to local services and transport for shopping and medical appointments.

Building
64/100
Quietness
60/100
Move-in readiness
100/100

Overview

Shekvetili GardenSea: completed seaside apartments, layouts and building features

Shekvetili GardenSea is a completed five-storey residential building on Shavi Zghvis Street in Shekvetili, on Georgia's Black Sea coast. Developer Shekvetili GardenSea has provided a lift, ground-level parking and landscaped communal space. HomeRadar records Q4 2024 as the completion period. The project may appeal to buyers wanting an existing apartment for seaside holidays and longer seasonal visits rather than an extensive hotel-style resort complex.

Location and surroundings

The building stands on Shavi Zghvis Street in Shekvetili. Published descriptions give the distance to the sea as approximately 120–150 metres. This is an indication of location, not a verified walking time to a specific beach access point. Buyers should test the route themselves. Shekvetili is a distinct seaside resort area rather than a central neighbourhood of Batumi.

Shekvetili is known for beaches with dark sand and areas of greenery and pine trees. Being near the coast, however, does not mean that each apartment has a sea view or direct beach access. The view from individual windows, neighbouring buildings and the route from the entrance to the shore are worth inspecting before purchase.

For year-round occupation, it is important to find out which shops, pharmacies, schools and healthcare services operate outside the main tourist season. Resort activity can vary considerably between summer and winter, while larger shopping trips may require a car. Street lighting, public transport and the condition of walking routes during rainy weather are practical considerations.

Architecture and building amenities

Shekvetili GardenSea is a compact five-storey residential building with a passenger lift, landscaped grounds and surface parking. Buyers should review communal areas and their maintenance charges.

As the property is complete, prospective buyers can inspect the entrance, the lift, lighting, parking and the actual condition of the grounds. Establish how many parking spaces exist, whether any are assigned to particular apartments, who maintains the common areas and how regular service costs are shared between owners.

There is insufficient verified information about a hotel operator, a round-the-clock reception or a compulsory rental-management programme. A landscaped communal courtyard should therefore not be taken to imply apartment cleaning, guest check-in or a comprehensive service package for every private owner.

Apartment layouts and finishing options

Published offers include studios from approximately 30.5 m² and two-room apartments of around 63.5–66 m². Current availability should be checked for the particular unit. A studio may work for short visits by one or two people, while an apartment with a separate bedroom is more practical for longer stays or family use.

Offers describe handover in a green-frame condition. This does not mean a fully renovated or furnished home. Before purchase, establish exactly which partitions, floor and wall preparations, utility works and fittings are included. Completing the building does not make every individual apartment ready for occupation.

In a coastal home, ventilation, heating and moisture management during extended absences deserve particular attention. Inspect the natural light, kitchen layout, storage and direction of windows. Apartments of similar area can differ substantially in daily comfort and suitability for use in the cooler months.

Developer: Shekvetili GardenSea

Shekvetili GardenSea is associated with the residential development of the same name in Shekvetili. This building is the main identified project in the available HomeRadar developer portfolio. It would be inappropriate to imply a long list of other completed developments without supporting evidence.

An existing building allows buyers to examine the delivered result before committing. Inspect communal areas and the selected apartment, and check the floor plan, ownership registration, finishing specification and management arrangements. Developer information is useful background but cannot replace legal checks or inspection of the individual property.

Living and rental potential

GardenSea's main strengths are its completed status, low-rise format and proximity to the coast. For seasonal holidays this may be more straightforward than waiting for a new building to be constructed. For permanent occupation, heating, ventilation, transport and the availability of everyday services outside summer matter more.

Holiday letting is one possible use, but a short distance to the beach cannot demonstrate year-round demand. Owners will need to organise guest arrivals, cleaning, maintenance and inspections when the apartment is vacant. A green-frame unit will also require finishing and furnishing before it can be lived in or rented out.

The main limitations are the seasonal character of Shekvetili, the lack of a verified comprehensive management programme and the need to inspect the finishing condition of each unit. Buyers planning to live here regularly should also compare completed apartments in areas with more extensive urban services.

Frequently asked questions about Shekvetili GardenSea

Has Shekvetili GardenSea been completed?

Yes. HomeRadar records completion in Q4 2024. Buyers should still verify the documents, ownership registration and actual condition of the individual apartment they intend to purchase.

What finishing condition is offered?

Published listings describe green-frame handover. Check the precise specification in the purchase contract: final interior finishing, bathroom fittings, kitchen equipment and furniture may still be required.

Can owners rent out their apartments?

Letting is a possible use, particularly during the holiday season, but a universal hotel-management programme has not been verified. Confirm building rules, guest access, independent letting arrangements and ongoing maintenance charges.

Project details

Construction status· CompletedDelivery· Q4 2024Area range· 30.5-66 m²

Finish options

Green frame

Construction technology

Monolithic frame

Elevators

Yes

Infrastructure

Recreational area

Parking

Ground level
Layouts
Layouts are not published for this project yet.
Location
Batumi, Shavi Zghvis St
City
Batumi
Address
Shavi Zghvis St

Shekvetili GardenSea develops the residential project of the same name in Shekvetili on Georgia's Black Sea coast. Its focus is residential property in a coastal resort setting.

More about the developer

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Shekvetili GardenSea

Batumi, Shavi Zghvis St

Price from
48,800 $
Price per m²
1,600 $ / m²
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