HomeRadar logoHomeRadar
Insights
Back to map

Black Sea Towers

Batumi, Chaobi, Zhiuli Shartava St, 16

AI Investment Summary
74.8
Final score
74.8
90
Liquidity
90
Net yield
48.3%
Capital growth
67.2
ADR
USD 62
Occupancy
57%
Annual net rent
USD 9,656
Primary Strategy: Flip / High ROI

Overview

Black Sea Towers Key benefits: 500m to the sea. Two 40-storey towers. Rooftop terrace with swimming pool. 4-level parking. Location: 16 Zhiuli Shartava St, Batumi. Near Black Sea Gate, Dancing Fountains, Batumi Hospital Clinic, 3.5 km from airport. Tech: Monolithic-frame. Modern architecture with vertical elements. Mitsubishi elevators. Amenities: Rooftop terrace, swimming pool, children's playground, landscaped greenery, fitness center, spa, lounge cafe, 4-level parking, security, CCTV. Units: 1-3-bedroom apartments (31.1–97.6 m²). Finishes: white frame or complete renovation. Purchase terms: Contact sales office for pricing and options.

Project details

Area range· 31.1-97.6 m²

Finish options

white framecomplete renovation

Construction technology

monolithic-frame

Communications

electricitywaternatural gasseweragemetal-plastic windows

Elevator

3 Mitsubishi passenger

Infrastructure

cafefitness clubspa centerswimming poolchildren's playground

Parking

4-level

Security & Safety

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

<p><strong>The Main Transport Artery &amp; Business Hub.</strong><br>This area stretches along the main avenue from the sea to the bypass road. It concentrates offices, banks, major malls (Metro City, Goodwill), and government institutions. A dynamic, urban lifestyle.</p><ul><li><p><strong>Pros:</strong> Developed infrastructure (supermarkets, pharmacies), easy access to the main highway, modern business centers, great upper-floor panoramic views.</p></li><li><p><strong>Cons:</strong> Traffic noise and air pollution, about 5-10 minutes by car to reach the beach.</p></li><li><p>✅ <strong>Who it suits:</strong> Business professionals and remote workers (close to co-working spaces), families needing schools/clinics nearby, buyers with a car.</p></li></ul><p></p>

City
Batumi
District
Chaobi
Address
Zhiuli Shartava St, 16
Real Palace
Real Palace is a Georgian real estate developer founded in 2011. The company states that it has completed 12 projects in Tbilisi and Batumi and focuses on residential and hotel-type developments. The most notable project in the portfolio is Black Sea Towers, which stands out for its location and investment profile. The portfolio is focused on liquid Batumi locations such as Green Cape, the Khimshiashvili corridor, and Heroes Alley. This makes the developer especially relevant for buyers comparing investment potential, liquidity and long-term resale value.
66
Developer score
66
Established
2011
Projects
4 active · 5 completed

Request offer

Black Sea Towers

Batumi, Chaobi, Zhiuli Shartava St, 16

Price from
USD 20,000
Price per m²
USD 2,381 / m²

Financing

Mortgage

Bank

TBC Bank

Terms

Mortgage available; down payment from 30%

Installment from developer

Provider

Real Palace

Terms

0% installment; up to 18 months; down payment from 30%

DeveloperReal Palace
DistrictChaobi
StatusUnder construction