Harmonia

Batumi, Chaobi, Luka Asatiani St, 67

AI Investment Summary

47.3

Final score

47.3

Liquidity

Net yield

7.6%

Capital growth

32.9

ADR

USD 91

Occupancy

39%

Annual net rent

USD 9,689

Primary Strategy: Balanced

Overview

Harmonia (Midtown Group) Key benefits: 700m to sea port. 13-storey residential building. Underground heated parking. Location: 67 Luka Asatiani St, Batumi. Near city hall (700m), seaport (15 min walk), 6 May Park, circus, Batumi Drama Theater, 10-15 min from airport. Tech: Monolithic-frame. Insulated facade with porcelain stoneware panels. 2 elevators. Amenities: Heated underground parking accessible by elevator, children's playground, pharmacy, grocery supermarket on ground floor, guest parking spaces. Units: 1-3-bedroom apartments (35.5–79.5 m²). Black frame finish. Option to convert into duplex apartments. Purchase terms: Installment from developer.

Project details

Area range· 35.5-79.5 m²

Construction technology

monolithic-frame

Parking

underground

Layouts

Layouts are not published for this project yet.

Location

The Main Transport Artery & Business Hub. 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.<ul><li>Pros: Developed infrastructure (supermarkets, pharmacies), easy access to the main highway, modern business centers, great upper-floor panoramic views.</li><li>Cons: Traffic noise and air pollution, about 5-10 minutes by car to reach the beach.</li><li>✅ Who it suits: Business professionals and remote workers (close to co-working spaces), families needing schools/clinics nearby, buyers with a car.</li></ul>

City

Batumi

District

Chaobi

Address

Luka Asatiani St, 67

Midtown Group

Midtown Group is a Georgian real estate developer with market history since 2014 and 2 completed projects and 2 current projects visible in the portfolio. On HomeRadar, the developer is represented by projects such as Harmonia, Al Mare, and Al Mare Green. The portfolio has a clear focus on Green Cape, one of the more recognizable Batumi search locations. For buyers, the key is to compare the exact project, price per square metre, construction stage and rental or resale scenario.

Developer score

Established

2014

Projects

2 active · 2 completed