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Citron Residence

Batumi, Airport, Grigol Eliava St, 49

AI Investment Summary
55.1
Final score
55.1
60
Liquidity
60
Net yield
23.4%
Capital growth
33.9
ADR
USD 74
Occupancy
46%
Annual net rent
USD 9,350
Primary Strategy: Balanced

Overview

Citron Residence Key benefits: 100m to the sea. 16-storey residential complex. Glass facades. Swimming pool on-site. Location: 49 Grigol Eliava St, Batumi. New Boulevard district, near Metro City Mall, 2 km from airport. Tech: Monolithic-frame. Glass facades. Mitsubishi elevators. Energy-efficient double-glazed windows. Amenities: Swimming pool, landscaped courtyard, lobby, underground parking, guest parking, 24/7 security, CCTV, concierge, reception. Units: Studios, 1-3-bedroom apartments (26–102 m²). Finishes: black frame or fully furnished. Purchase terms: Interest-free installment plans.

Project details

Area range· 26-102 m²

Finish options

black framefully furnished

Construction technology

monolithic-frame

Communications

gaswaterelectricityInternet

Elevator

2 Mitsubishi

Infrastructure

commercial areasswimming poollandscaped yardlobby

Parking

underground

Security & Safety

securityCCTVconciergeReception
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
Grigol Eliava St, 49
Citron Group has projects in Batumi, including Citron Residence Chakvi and Citron Orange. 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.
29
Developer score
29
Established
2017
Projects
3 active · 0 completed

Request offer

Citron Residence

Batumi, Airport, Grigol Eliava St, 49

Price from
USD 40,000
Price per m²
USD 1,625 / m²

Financing

Mortgage

Bank

TBC Bank

Terms

Mortgage available; down payment from 20%

Installment from developer

Provider

Citron Group

Terms

0% installment; up to 60 months; down payment from 20%

DeveloperCitron Group
DistrictAirport
StatusUnder construction