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AI Investment Summary

Sunrise Palace carries a C investment grade. The model estimates about $4,910 a year in rent after taxes and maintenance costs, with simple payback around 17 years once letting begins. The building is under construction, with delivery indicated for 2026. A transit stop is close, but the payback remains lengthy and rent cannot begin before the apartment is ready.

56.8
Final score
56.8
50
Liquidity
50
Net yield
5.9%
Appreciation potential score
54/100
Exit score
27.4/100
Investment grade
C
ADR
40 $
Occupancy
39%
Annual net rent
4,906 $
Primary Strategy: Balanced

Overview

Sunrise Palace Key benefits: 1.5km to the sea. 38-storey residential tower. Swimming pool and spa center. Underground parking. Location: 135 Petre Bagrationi St, Batumi. Near Jibe, Agrohub, Carrefour, FC Forward, Dinamo Batumi Stadium, 10 min from airport. Tech: Monolithic-frame. Fiber cement panels. Energy-saving double-glazed windows. Open balconies with safety railings. Amenities: Rooftop terrace with outdoor pool, bar, lounge areas, conference rooms, fitness center, spa center, children's playground, underground parking, 24/7 video surveillance, reception. Units: Studios, 1-3-bedroom apartments (32.4–110 m²). Ceilings 3m. White frame finish. Purchase terms: Mortgage from TBC Bank.

Project details

Construction status· Under constructionDelivery· 2026Area range· 32.4-110 m²

Finish options

White frame

Construction technology

Monolithic frame

Elevators

Yes

Infrastructure

Swimming poolBusiness centerFitness centerOn-site child amenity

Parking

Underground

Security & Safety

CCTVReception
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
Petre Bagrationi St, 135

Nearby travel times

Walk to sea
29 min
Walk to park
27 min
Walk to school
38 min
Nearest major mall
Metro City Forum AVM
Drive to mall
5 min
Sunrise Development is a Georgian developer associated with residential and commercial real estate. Public project profiles position the company around modern urban housing development in Batumi, including Batumi Sunrise Residence. On HomeRadar, the developer is represented by projects such as Sunrise Palace and Batumi Sunrise Residence. The portfolio gives buyers exposure to the Airport area, which can work for a more specific location-led search. For buyers, the key is to compare the exact project, price per square metre, construction stage and rental or resale scenario. 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

Sunrise Palace

Batumi, Airport, Petre Bagrationi St, 135

Price from
82,935 $
Price per m²
1,445 $ / m²