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Al Mare

Batumi, Airport, Zgvispiris St, 4

AI Investment Summary
58.8
Final score
58.8
60
Liquidity
60
Net yield
44.8%
Capital growth
37.6
ADR
USD 103
Occupancy
46%
Annual net rent
USD 12,985
Primary Strategy: Balanced

Overview

Al Mare (Midtown Group) Key benefits: 100m to the sea (first line). 18-storey residential tower (two sections). SPA with pool, gym, sauna, jacuzzi. White frame finish. Location: 4 Zgvispiris St, Batumi. New Boulevard district, near Children's Republican Hospital, Metro City Mall, park, 10 min from airport. Tech: Monolithic-frame (7+ point seismic resistance). White and blue facade. Panoramic windows. Elegant balconies. Amenities: SPA (swimming pool, gym, saunas, jacuzzi), restaurant, commercial areas, equipped courtyard, green area, 2-level underground parking (105 cars), security, CCTV, reception. Units: Studios, 1-3-bedroom apartments (25–95 m²). White frame finish. Option to combine adjacent apartments. Purchase terms: Contact sales office for pricing and options.

Project details

Area range· 25-95 m²

Finish options

white frame

Construction technology

monolithic-frame

Communications

panoramic glazingdouble-chamber metal-plastic windowswaterelectricitynatural gasventilationtelephone linecable TV

Elevator

3 passenger

Infrastructure

commercial areasclosed areaSPA (swimming poolgymsaunasjacuzzi)equipped courtyardrestaurantsgreen area

Parking

underground

Security & Safety

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

<p><strong>Transport Hub &amp; High-Growth Potential Zone.</strong><br>Located north of Batumi, surrounding the international airport and Heroes' Alley. A rapidly developing area with modern residential complexes and logistics centers emerging alongside new infrastructure. Buyers come here for affordable entry prices and strong upside potential.</p><ul><li><p><strong>Pros:</strong> Most convenient transport interchange (10 min to the center, 5 min to the highway and Turkish border), walking distance to the beach (pebble), 20-40% cheaper than Downtown, high capitalization potential due to upcoming urban renewal, large local market and shopping mall nearby.</p></li><li><p><strong>Cons:</strong> Occasional aircraft noise (not intrusive, but audible), summer traffic jams toward the Turkish border, currently fewer premium cafes/parks compared to the city center.</p></li><li><p>✅ <strong>Who it suits:</strong> Early-stage investors looking for the next growth hotspot, frequent flyers who value minutes to the terminal, budget-conscious buyers wanting a new-build near the sea without the premium price tag, car owners and business travelers.</p></li></ul><p></p>

City
Batumi
District
Airport
Address
Zgvispiris St, 4
Midtown Group is a Georgian real estate developer with market history since 2014 and 2 completed projects and 2 current projects visible in the portfolio. On HomeRadar, the developer is represented by projects such as Harmonia, Al Mare, and Al Mare Green. The portfolio has a clear focus on Green Cape, one of the more recognizable Batumi search locations. For buyers, the key is to compare the exact project, price per square metre, construction stage and rental or resale scenario.
45
Developer score
45
Established
2014
Projects
2 active · 2 completed

Request offer

Al Mare

Batumi, Airport, Zgvispiris St, 4

Price from
USD 29,000
Price per m²
USD 1,642 / m²
DeveloperMidtown Group
DistrictAirport
StatusUnder construction