Back to map

Batumi Tower

Batumi, Old Batumi, Egnate Ninoshvili St, 6

AI Investment Summary
60.1
Final score
60.1
60
Liquidity
60
Net yield
15.7%
Capital growth
39.3
ADR
USD 132
Occupancy
39%
Annual net rent
USD 14,093
Primary Strategy: Rent Core

Overview

Batumi Tower (REDCO) Key benefits: Seafront location (first line). 35-storey tower. Casino, indoor and outdoor pools. Fully furnished. Location: 6 Egnate Ninoshvili St, Batumi. Near Wedding Palace, Batumi Boulevard, Drama Theater, Apollo Cinema, circus, 2 km from airport. Tech: Monolithic-frame (high-tech style). Panoramic glazing. 3 passenger + 1 freight elevator. Amenities: Casinos, indoor and outdoor pools, fitness and spa centers, restaurants, underground parking, guest parking spaces, landscaped territory with lawns, ornamental plants, trees, wide driveways, pedestrian paths, street lighting. Units: 1-3-bedroom apartments (67.5–235.3 m²). Fully furnished. Purchase terms: Mortgage or installment available.

Project details

Area range· 67.5-235.3 m²

Finish options

fully furnished

Construction technology

monolithic-frame

Communications

electricitywaterseweragenatural gas

Elevator

3 passenger

Infrastructure

casinosindoor and outdoor poolsfitness and spa centersrestaurants

Parking

underground

Security & Safety

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

<p><strong>The Heart of the City, Old European Charm.</strong><br>The most colorful district with narrow cobblestone streets, 19th-century colonial architecture, and the famous seaside boulevard. Home to the port, Europe Square, top restaurants, and souvenir shops. Life here is vibrant 24/7.</p><ul><li><p><strong>Pros:</strong> Ultimate walkability (everything is steps away), unique historical vibe, panoramic sea and mountain views, high rental liquidity.</p></li><li><p><strong>Cons:</strong> Noisy at night, extremely difficult parking, highest price per sq.m., many buildings require full renovation.</p></li><li><p>✅ <strong>Who it suits:</strong> Real estate investors (tourists pay a premium for this address), expats seeking authentic European atmosphere, young people without a car.</p></li></ul><p></p>

City
Batumi
District
Old Batumi
Address
Egnate Ninoshvili St, 6
REDCO is a Georgian real estate developer with market history since 2012 and 6 completed projects and 4 current projects visible in the portfolio. On HomeRadar, the developer is represented by projects such as Batumi Tower and Bamboo Beach Tsikhisdziri. The portfolio gives buyers exposure to the Airport area, which can work for a more specific location-led search. For buyers, the key is to compare the exact project, price per square metre, construction stage and rental or resale scenario.
68
Developer score
68
Established
2012
Projects
4 active · 6 completed

Request offer

Batumi Tower

Batumi, Old Batumi, Egnate Ninoshvili St, 6

Price from
USD 90,000
Price per m²
USD 2,000 / m²

Financing

Mortgage

Bank

Bank of Georgia

Terms

Investment loan / simplified mortgage; down payment 10%

Installment from developer

Provider

REDCO

Terms

Interest-free installment; up to 50 months; down payment 10%

DeveloperREDCO
DistrictOld Batumi
StatusUnder construction