GeoBuilding Gorgasali

Batumi, Downtown, Vakhtang Gorgasali St, 80-82

AI Investment Summary

48.9

Final score

48.9

Liquidity

Net yield

9.6%

Capital growth

31.8

ADR

USD 91

Occupancy

39%

Annual net rent

USD 9,689

Primary Strategy: Balanced

Overview

GeoBuilding Gorgasali (Geobuilding +) Key benefits: 800m to the sea. 12-storey residential building. 3m ceilings. Underground parking. Location: 80-82 Vakhtang Gorgasali St, Batumi. Near 6 May Park and Lake Nurigel (420m), 10 min walk to beach, 10 min from airport. Tech: Monolithic-frame. Ceramic brick walls. Flat roof with internal drainage. Large-format glazing. Amenities: Gated courtyard, children's playground, eco-gazebos, benches, workout area, underground parking, surface parking, commercial spaces on ground floor, 24/7 security, CCTV, concierge. Units: Studios, 1-2-bedroom apartments (29.2–92.6 m²). Ceilings 3m. Finishes: green frame or fully renovated. Purchase terms: Contact sales office for pricing and options.

Project details

Area range· 29.2-92.6 m²

Finish options

green framefully renovated

Construction technology

monolithic-frame

Elevator

yes

Infrastructure

recreational areachildren's playground

Parking

underground

Security & Safety

securityCCTVconsierge

Layouts

Layouts are not published for this project yet.

Location

Modern Resort & Top Investment Hotspot. The area of the new promenade stretching from the Lighthouse to Ureki beach. It's all about glass-and-steel new buildings, European-style walking paths, bike lanes, and beachfront cafes. The most popular zone for buying studios to rent out.<ul><li>Pros: Guaranteed sea views in 90% of properties, modern complexes with pools, the best leisure promenade, massive tourist flow.</li><li>Cons: Highest property prices in the city, very dense construction (buildings close together), windy in winter, long elevator queues during peak summer season.</li><li>✅ Who it suits: Mid-to-long-term investors (fastest ROI on rentals), foreign digital nomads, lovers of modern architecture and rooftop terraces.</li></ul>

City

Batumi

District

Downtown

Address

Vakhtang Gorgasali St, 80-82

Geobuilding +

Geobuilding + is a Georgian real estate developer with market history since 2008 and 1 current project visible in the portfolio. On HomeRadar, the developer is represented by GeoBuilding Gorgasali. 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. 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.

Developer score

Established

2008

Projects

1 active · 0 completed