Back to map

Bana

Batumi, Green Cape, Tamar Mepe Ave, 62 | Iberia St, 2

AI Investment Summary
55.1
Final score
55.1
60
Liquidity
60
Net yield
20%
Capital growth
33.9
ADR
USD 91
Occupancy
46%
Annual net rent
USD 11,428
Primary Strategy: Balanced

Overview

Bana (Bana Development) Key benefits: 20m to the sea (first line). Two 12-storey blocks. Swimming pool and private beach. Green frame or turnkey. Location: 62 Tamar Mepe Ave | 2 Iberia St, Makhinjauri. Near Batumi Botanical Garden, Magnolia Beach, Makhinjauri Beach, 15 min from Batumi, 35 min from airport. Tech: Monolithic-frame. White facade panels with dark panoramic glazing frames. Open glass balconies. Rooftop with panoramic swimming pool. Amenities: Private beach, swimming pool, open and closed playgrounds, recreation areas, coworking area, spa, fitness centre, restaurant areas, rooftop terrace, sky-bar, underground parking, reception, concierge. Units: Studios, 1-2-bedroom apartments (28–67 m²). Finishes: green frame or turnkey. Purchase terms: Contact sales office for pricing and options.

Project details

Area range· 28-67 m²

Finish options

green frameturn key

Construction technology

monolithic-frame

Elevator

yes

Infrastructure

swimming poolprivate beachopen and closed playgroundsrecreation areasco-working areaSpafitness centrerestaurant areasrooftop terraceSky bar

Parking

underground

Security & Safety

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

<p><strong>Peaceful Living Zone.</strong><br>A green area in the north of Batumi, right next to the Botanical Garden. Features the lowest buildings (max 5-6 floors) and the highest greenery concentration. An excellent spot for family relaxation.</p><ul><li><p><strong>Pros:</strong> Cleanest air in the city, stunning panoramic sea views from the hill, zero urban noise, close to the Botanical Garden.</p></li><li><p><strong>Cons:</strong> Limited shop choices, steep hill requires a car, low pedestrian traffic (better for living than for short-term rentals).</p></li><li><p>✅ <strong>Who it suits:</strong> Retirees and people with respiratory conditions (climate therapy), creative individuals seeking solitude, families with a car who want a quiet life within the city limits.</p></li></ul><p></p>

City
Batumi
District
Green Cape
Address
Tamar Mepe Ave, 62 | Iberia St, 2
Bana Development is a Georgian real estate developer with market history since 1997 and 1 current project visible in the portfolio. On HomeRadar, the developer is represented by Bana. 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. 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 after additional verification.
33
Developer score
33
Established
1997
Projects
1 active · 0 completed

Request offer

Bana

Batumi, Green Cape, Tamar Mepe Ave, 62 | Iberia St, 2

Price from
USD 33,600
Price per m²
USD 1,200 / m²
DistrictGreen Cape
StatusUnder construction