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Dar Residence

Batumi, Old Batumi, Baratashvili St, 24

AI Investment Summary
49.8
Final score
49.8
50
Liquidity
50
Net yield
10.7%
Capital growth
10.8
ADR
USD 103
Occupancy
57%
Annual net rent
USD 16,091
Primary Strategy: Rent Core

Overview

Dar Residence Key benefits: 600m to sea port. 7-storey residential building. 2 passenger elevators. Underground parking. Location: 24 Baratashvili St, Batumi. City center, near circus, cable car (700m), seaport (600m), city hall (150m), Drama Theater. Tech: Monolithic-frame. Insulated facade. Decorative husk finishes. Energy-efficient glazing. Amenities: Commercial premises on ground floor, rest zone, underground parking, guest car park, landscaped territory with trees and street lamps. Units: 1-4-bedroom apartments (36.1–124.5 m²). Black frame finish. Purchase terms: Interest-free installment after down payment.

Project details

Area range· 36.1-124.5 m²

Finish options

black frame

Construction technology

monolithic-frame

Communications

central heating systemgas pipelinedouble-glazed windows (metal-plastic or aluminum)iron entrance doors (with wood trim)

Elevator

2 passenger

Infrastructure

commercial premisesrest zone

Parking

underground

Security & Safety

security
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
Baratashvili St, 24
Dar Building
Dar Building is a Batumi developer whose official materials say it has been active since 2006. The company develops multifunctional residential complexes, hotels, and apart-hotels, including the large-scale Dar Tower project. On HomeRadar, the developer is represented by projects such as Dar Tower, Prestige House, Dar Twins, and Zurab Gorgiladze St, 92-94. The portfolio has a clear focus on Heroes Alley, one of the more recognizable Batumi search locations. This profile suits buyers who want several options under one developer and prefer to compare price, format and completion stage before choosing.
65
Developer score
65
Established
2006
Projects
1 active · 4 completed

Request offer

Dar Residence

Batumi, Old Batumi, Baratashvili St, 24

Price from
USD 150,000
Price per m²
USD 2,941 / m²

Financing

Mortgage

Bank

TBC Bank

Terms

Mortgage available; down payment 30%

Installment from developer

Provider

Dar Building

Terms

0% installment; down payment 30%

DeveloperDar Building
DistrictOld Batumi
StatusUnder construction