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AI Investment Summary

SUMMER 365 is under construction and carries a C investment grade. Projected rent is about $5,280 a year after taxes and maintenance costs, with simple payback near 15.5 years once letting starts. Family facilities and a nearby school may help longer-term demand, subject to handover.

57
Final score
57
60
Liquidity
60
Net yield
6.5%
Appreciation potential score
46.2/100
Exit score
40.1/100
Investment grade
C
ADR
44 $
Occupancy
61%
Annual net rent
5,284 $
Primary Strategy: Balanced

Overview

SUMMER 365 (Smart Development) Key benefits: Short walk to the beach and park. 3 buildings (4-14 floors). 4 pools and spa complex. Coworking and kindergarten on-site. Location: 43 Kote Abkhazi St, Batumi. Adlia district (green area with citrus groves), near Lech and Maria Kaczynski Park, beach, Metro City Mall, 5 min from airport. Tech: Monolithic-frame. OTIS elevators (9 units). FaceID intercom. Smart home system. Amenities: Wellness center with 4 pools, gym, martial arts studio, group training halls, spa with saunas, plunge pool, solarium, coworking hub with meeting rooms, gourmet market with farm products, kindergarten, rooftop cocktail bar, children's bamboo maze, Kompan playgrounds for different ages, pedestrian bridge, 3 types of fountains, outdoor showers, amphitheater for movie nights, speech therapist, language classes, chess groups, art workshops, restaurant, event halls, private cinema, on-site winery with marani, gallery, art club, golf simulator lounge, underground parking, 24/7 CCTV. Units: Studios (30-40 m²), 1-bedroom (44-55 m²), 2-bedroom (60-85 m²), 3-bedroom (100-150 m²). White frame finish. Purchase terms: Resident-only shuttles. Hobby clubs.

Project details

Construction status· Under constructionDelivery· 2026Area range· 30-150 m²

Finish options

Black frameWhite frameGreen frameFully renovated

Construction technology

Monolithic frame

Utilities

GasWaterElectricitySewerageHeating system

Elevators

Passenger

Infrastructure

Landscaped yardChildren's playgroundAmphitheaterRecreational areaCinemaKindergartenRestaurantCafeSports groundSwimming poolSpaBusiness centerCommercial areasBeauty salon

Parking

Underground

Security & Safety

Closed territoryCCTVIntercomFire safety system
Layouts
Layouts are not published for this project yet.
Location

Khimshiashvili District: Authentic Seaside Living at Accessible Prices

Located between Batumi’s Old Town and New Boulevard, Khimshiashvili is a calm, well-established neighbourhood with a genuine local character. Away from the busiest tourist areas, it is known for its open-air markets, family-run cafés serving local cuisine, public schools and convenient access to everyday services.

Pros: Proximity to the sea, with the beach within walking distance from many parts of the neighbourhood; a peaceful, unhurried residential atmosphere; fresh produce at accessible prices in local markets; and generally more affordable property options than in Batumi’s premium resort districts.

Cons: Much of the area consists of older apartment buildings and private houses, with fewer modern residential developments. The choice of leisure and resort-style amenities is also more limited, as this is primarily a residential neighbourhood rather than a tourist district.

✅ Who it suits: Local residents and international buyers looking for their first home in Georgia at a reasonable price; practical buyers who want to live within walking distance of the sea without paying a premium for a resort location; and families with school-aged children who value access to nearby schools and kindergartens.

City
Batumi
District
Khimshiashvili
Address
Kote Abkhazi St, 43

Nearby travel times

Walk to sea
16 min
Walk to park
11 min
Walk to school
2 min
Nearest major mall
Grand Mall
Drive to mall
8 min
Smart Development has projects in Batumi, including SUMMER 365. 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

SUMMER 365

Batumi, Khimshiashvili, Kote Abkhazi St, 43

Price from
81,374 $
Price per m²
1,600 $ / m²