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AI Investment Summary
53.4
Final score
53.4
40
Liquidity
40
Net yield
6%
Appreciation potential score
35/100
Exit score
36.7/100
Investment grade
D
ADR
70 $
Occupancy
25%
Annual net rent
4,280 $
Primary Strategy: Balanced
AI Living Summary
72
Living score
72 / 100
Infrastructure
56/100
Building
77/100
Quietness
60/100
Cost
60/100
Move-in readiness
60/100
Mobility
55/100

Overview

Batumi, Ekvtime Taqaishvili St

Project details

Construction status· Under constructionDelivery· 2028Area range· 30.8-70.6 m²

Utilities

Gas

Construction technology

Monolithic frame

Elevators

Yes

Infrastructure

Swimming poolCafeSpapaddle courtFitness centergames roomPrivate beachChildren's playgroundRecreational area

Parking

Underground

Security & Safety

CCTVReception
Layouts49Last update: Oct 30, 2026
Price
36,960 $-243,810 $
Area
30-117 m²
Layout type
Sort
Status
Plan 206
Apartment 206Available

49,920 $

31.2 m²Floor 2Studio
Plan 207
Apartment 207Available

49,920 $

31.2 m²Floor 2Studio
Plan 305
Apartment 305Available

49,920 $

31.2 m²Floor 3Studio
Plan 209
Apartment 209Available

50,100 $

33.4 m²Floor 2Studio
Plan 302
Apartment 302Available

52,640 $

32.9 m²Floor 3Studio
Plan 304
Apartment 304Available

52,800 $

33 m²Floor 3Studio
Location
Batumi, Ekvtime Taqaishvili St
City
Batumi
Address
Ekvtime Taqaishvili St

Nearby travel times

Walk to sea
12 min
Walk to park
45 min
Walk to school
35 min
Nearest major mall
Metro City Forum AVM
Drive to mall
85 min

Tower Group is a Georgian property developer within GZA. Its portfolio spans residential, resort and mixed-use developments in Batumi, Kobuleti, Ureki, Tbilisi and Bakuriani. The company’s development role is distinct from GZA’s construction and infrastructure activity.

Group background and responsibilities

Tower Group identifies GZA as its parent company, with construction and infrastructure experience dating to 2005. That background includes transport and urban infrastructure. Tower Group applies this technical foundation to property development, while its own business is centred on residential and hospitality projects.

The allocation of roles is clear in its Batumi project materials: Tower Group leads development, GZA provides construction expertise, and CMG handles sales and marketing. The parent company’s earlier infrastructure work forms part of the group background.

Portfolio across city and resort markets

In Batumi, Panorama represents a mixed-use coastal development, while Piazza Residence focuses on urban housing in Old Batumi. Panorama Del Mare is a separate coastal project alongside Panorama within the Panorama City concept. Park Residence is another distinct Tower Group residential development in Batumi, at 3–5 Iordan Metaxa Street near Central Park.

Outside Batumi, Kvirike Residence in Kobuleti develops the residential component of a resort setting, while Ureki Sands follows a seaside resort concept in Ureki. Mziani Valley represents the mountain resort direction in Bakuriani, and Lisi Panorama is a low-density residential development in Tbilisi. Together, these projects extend the company’s activity across coastal, mountain and capital-city housing markets.

Development and investment model

Tower Group combines urban residential development with coastal and mountain resort property. This geographic mix gives the business exposure to several property-use patterns: city housing, seaside accommodation and mountain tourism.

Its defining organizational feature is the separation of development, construction and marketing functions among the named businesses. The portfolio establishes the scope of the developer’s activity, while GZA’s construction background provides a separately identified technical foundation.

More about the developer

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Ureki Sands Lifestyle Resort

Batumi, Ekvtime Taqaishvili St

Price from
49,920 $
Price per m²
1,380 $ / m²

Financing

Mortgage

Bank

TBC Bank

Terms

Mortgage available; down payment from 10%

Installment from developer

Provider

Tower Group

Terms

Interest-free installment; up to 48 months; down payment from 10%

Calculate mortgage