HomeRadar logo
Exclusive
Back to map
AI Investment Summary
50.9
Final score
50.9
60
Liquidity
60
Net yield
11.7%
Capital growth
32.2
ADR
$78
Occupancy
39%
Annual net rent
$8,368
Primary Strategy: Balanced

Overview

Vazha-Pshavela St, 61-63 (Batumi Development Alliance) Key benefits: 1km to the sea (approx). 25-storey residential tower. 3m ceilings. Underground parking. Location: 61-63 Vazha-Pshavela St, Batumi. Near Argo cable car (950m), 6 May Park, Batumi Sea Port (1.5 km), 6 km from airport. Tech: Monolithic-frame. Panoramic glazing. High-speed elevators. Amenities: Gated courtyard, paved walkways, lawns, ornamental shrubs, trees, benches, underground parking, commercial spaces with separate street entrances, 24/7 video surveillance, security. Units: Studios, 1-4-bedroom apartments (29–90.5 m²). Ceilings 3m. Finishes: black frame or white frame. Purchase terms: Mortgage from TBC Bank. In-house installment from 30% down.

Project details

Sales status· AvailableDelivery· 2027Area range· 29-90.5 m²

Finish options

Black frameWhite frame

Construction technology

Monolithic frame

Elevators

Yes

Parking

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

Chaobi District: Batumi’s Dynamic Business and Transport Hub

This area stretches along one of Batumi’s main thoroughfares, running from the city centre toward the bypass road and the city’s outer districts. It is home to numerous offices, banks, major shopping centres such as Metro City and Goodwill, government institutions, and a wide range of everyday services. The district offers a vibrant, fast-paced urban lifestyle with convenient access to business and daily infrastructure.

Pros: Well-developed local infrastructure, including supermarkets, pharmacies, clinics, banks and schools nearby; convenient access to the main highway and bypass road; modern business centres; and panoramic views of the city, sea and mountains from many upper-floor properties.

Cons: Traffic noise and traffic-related air pollution may be noticeable along the busiest roads, particularly during peak hours. The beach is typically around 5–10 minutes away by car, depending on the property’s exact location and traffic conditions.

Who it suits: Business professionals and remote workers who value proximity to offices and co-working spaces; families looking for schools, clinics and everyday amenities within easy reach; and buyers who regularly use a car and appreciate convenient transport connections.

City
Batumi
District
Chaobi
Address
1 house is under construction, next delivery in Q3 2027
Batumi Development Alliance has projects in Batumi, including Vazha-Pshavela St and 61-63. 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

Vazha-Pshavela St, 61-63

Batumi, Chaobi, 1 house is under construction, next delivery in Q3 2027

Price from
$34,800
Price per m²
$1,200 / m²