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AI Investment Summary
59.4
Final score
59.4
60
Liquidity
60
Net yield
30.5%
Capital growth
37.3
ADR
$74
Occupancy
54%
Annual net rent
$10,976
Primary Strategy: Balanced

Overview

Stepane Zubalashvili st.12a (Argo Group XXI) Key benefits: Central Batumi location. 4-storey residential building. White frame finish. Location: 12a Stepane Zubalashvili st, Batumi. Tech: Monolithic-frame. Amenities: Contact sales office for amenity information. Units: White frame finish. Purchase terms: Contact sales office for pricing and options.

Project details

Sales status· AvailableDelivery· 2026

Finish options

White frame

Construction technology

Monolithic frame
Layouts
Layouts are not published for this project yet.
Location

Old Town: Historic Charm in the Heart of Batumi

Batumi’s Old Town is one of the city’s most distinctive and atmospheric districts, known for its narrow cobblestone streets, 19th-century architecture and proximity to the seaside boulevard. The area is home to the port, Europe Square, popular restaurants, cafés and souvenir shops, creating a lively urban atmosphere throughout the day and evening.

Pros: Excellent walkability, with major attractions, restaurants and the waterfront close by; a unique historic atmosphere; sea, city and mountain views from selected properties; and strong demand for short-term rentals due to the central location.

Cons: Street noise can be noticeable, particularly in the evening and during the tourist season. Parking is limited, property prices are generally among the highest in Batumi, and many older buildings may require renovation or additional maintenance.

Who it suits: Investors focused on short-term rental demand in central Batumi; international buyers and expats who value historic architecture and an authentic urban atmosphere; and younger residents who prefer a walkable lifestyle without relying on a car.

City
Batumi
District
Old Batumi
Address
1 house is under construction, next delivery in Q3 2026
Argo Group XXI is a Georgian real estate developer with market history since 2017 and 2 completed projects and 2 current projects visible in the portfolio. On HomeRadar, the developer is represented by projects such as Stepane Zubalashvili st.12a, Argo Family, Mamia Komakhidze St, 97, and Revaz Komakhidze St, 7. The portfolio has a clear focus on central Batumi, 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.
More about the developer

Stepane Zubalashvili st.12a

Batumi, Old Batumi, 1 house is under construction, next delivery in Q3 2026

Price per m²
$750 / m²