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AI Investment Summary
56
Final score
56
60
Liquidity
60
Net yield
36.4%
Capital growth
33.9
ADR
$78
Occupancy
61%
Annual net rent
$13,088
Primary Strategy: Balanced

Overview

Star Palace Key benefits: 200m to the sea (150m according to data). 13-storey residential building. Restaurant, cafe, shops, hotel on-site. Location: 6 Grigol Lortkipanidze St, Batumi. New Boulevard district, near aquapark, Lake Ardagani with Dancing Fountains, 10 min from city center. Tech: Monolithic-frame. Energy-efficient technologies. Amenities: Restaurant, cafe, shops, hotel, intercom, CCTV. Units: 1-3-bedroom apartments (36–79 m²). Black frame finish. Purchase terms: 12-month installment with 30% down.

Project details

Sales status· Sold outArea range· 36-79 m²

Finish options

Black frame

Utilities

ElectricityWaterSewerageGas

Elevators

Yes

Infrastructure

RestaurantCafeCommercial areasHotel

Security & Safety

IntercomCCTV
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
Grigol Lortkipanidze St, 6
Star Palace has projects in Batumi, including White House. 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

Star Palace

Batumi, Airport, Grigol Lortkipanidze St, 6

Price from
$36,000
Price per m²
$1,375 / m²