HomeRadar logo
Exclusive
Back to map
AI Investment Summary

Tropical Garden carries a C investment grade. The model estimates about $7,510 a year in rent after taxes and maintenance costs, with renovation included in simple payback near 12 years. The building is complete, and rental management is available. Its proximity to the shore is appealing, though seasonal occupancy will shape actual returns.

60
Final score
60
60
Liquidity
60
Net yield
8.5%
Appreciation potential score
43/100
Exit score
39.7/100
Investment grade
C
ADR
70 $
Occupancy
46%
Annual net rent
7,512 $
Primary Strategy: Balanced

Overview

Tropical Garden Key benefits: 80m to the sea (first line). Two towers (14-22 floors). Heated pool and spa. Panoramic aluminum glazing. Location: 41 Mezghvauri street, Chakvi. Cape Verde area, near Batumi Botanical Garden, 15 min from Batumi center, 25 min from airport. Tech: Monolithic-frame. Panoramic aluminum glazing. High-speed elevators. Amenities: Heated pool, spa, beauty salon, fitness room, restaurant, bar, wine cellar, billiards, conference hall, shop, children's playground, storage rooms on ground floor, concierge, rental service, tourist center, 24/7 CCTV. Units: 1-3-bedroom apartments (35–100 m²). White frame finish (or fully finished with furniture). Option to combine adjacent apartments. Purchase terms: Property management for rental income.

Project details

Construction status· CompletedDelivery· 2023Area range· 35-100 m²

Finish options

White frame

Construction technology

Monolithic frame

Utilities

Steel entrance doorPanoramic glazingHeating systemElectricityWaterGas

Elevators

Yes

Security & Safety

Closed territorySecurityCCTV

Infrastructure

Commercial areasSwimming poolSpaFitness centerRestaurantBarBilliard roomBusiness centerPlaygroundChildren's playgroundChildren's playroom

Parking

UndergroundGround level
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
Mezghvauri street 41

Nearby travel times

Walk to sea
1 min
Walk to park
10 min
Walk to school
33 min
Nearest major mall
Grand Mall
Drive to mall
13 min
Miracle LTD has projects in Batumi, including Tropical Garden. 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

Tropical Garden

Batumi, Green Cape, Mezghvauri street 41

Price from
70,705 $
Price per m²
2,030 $ / m²