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AI Investment Summary
Final score
Not enough data for an accurate score
60
Liquidity
60
Net yield
8.9%
Capital growth
30.3
ADR
$78
Occupancy
46%
Annual net rent
$9,870
Primary Strategy: Balanced

Overview

Thalassa Group (Thalassa Group) Key benefits: 800m to the sea. 6-storey residential building. 3m ceilings. Outdoor swimming pool. Location: 9-11 Kviparosi St, Makhinjauri. Green Cape slope, near Batumi Botanical Garden, 22 min from Batumi, 30 min from airport. Tech: Monolithic-frame. Decorative facade panels. Large panoramic windows. Open balconies. 2 passenger elevators. Amenities: Recreational area, children's playground, outdoor swimming pool, gym, conference room, cafe, restaurant, underground parking, 24/7 CCTV, security, reception. Units: Studios, 1-3-bedroom apartments (37.6–115.4 m²). White frame finish. Purchase terms: Installment plans. Mortgage from TBC Bank.

Project details

Sales status· AvailableDelivery· 2025Area range· 37.6-115.4 m²

Finish options

Black frameGreen frame

Construction technology

Monolithic frame

Utilities

GasWaterElectricitySewerage

Elevators

Passenger

Infrastructure

Recreational areaChildren's playgroundSwimming poolFitness centerBusiness centerCafeRestaurant

Parking

Underground

Security & Safety

CCTVSecurityReception
Layouts
Layouts are not published for this project yet.
Location

Green Cape: A Peaceful Residential Retreat Surrounded by Nature

Located north of Batumi, close to the Botanical Garden, Green Cape is known for its lush natural surroundings, low-rise architecture and tranquil atmosphere. With many buildings limited to five or six floors, the area feels more open and less densely developed than central Batumi. Its greenery and hillside setting offer a peaceful alternative to the city’s busier neighbourhoods.

Pros: Fresh air, panoramic views of the Black Sea and surrounding hills, a private residential atmosphere and convenient access to the Batumi Botanical Garden. The area offers greater privacy and a slower pace of life than central Batumi.

Cons: The choice of shops, cafés and everyday services is more limited. The hilly terrain makes a car highly recommended, while lower levels of tourist and pedestrian activity generally make the area better suited to long-term living than short-term holiday rentals.

Who it suits: Buyers seeking a quieter lifestyle surrounded by nature; retirees and creative professionals who value privacy and space; and families with a car looking for peaceful residential living within easy reach of Batumi.

City
Batumi
District
Green Cape
Address
Green Cape, Kviparosi St, 9-11
Thalassa Group has projects in Batumi, including Thalassa Group. 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

Thalassa Group

Batumi, Green Cape, Green Cape, Kviparosi St, 9-11

Price from
$54,520
Price per m²
$1,450 / m²