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LemonGarden Residence & Spa

Batumi, Airport, Zgvispiris St, 12

AI Investment Summary
46.7
Final score
46.7
50
Liquidity
50
Net yield
23.1%
Capital growth
7.7
ADR
USD 91
Occupancy
57%
Annual net rent
USD 14,160
Primary Strategy: Balanced

Overview

LemonGarden Residence & Spa Key benefits: 400m to the sea. 21-storey residential and hotel complex. Rooftop terrace with pool and open-air cinema. 3m ceilings. Location: 12 Zgvispiris St, Batumi. New Boulevard district, 400m from Black Sea coast, near Seaside Park, 7 min from airport. Tech: Monolithic-frame (8-point earthquake resistance). Fire-resistant concrete blocks. MITSUBISHI elevators. Panoramic energy-efficient windows. Amenities: Private recreational area (2600 m²) with lemon trees, children's playground, relaxation zones, boutique hotel, panoramic restaurant, cafe, fitness center, spa with sauna, rooftop terrace with swimming pool, sun loungers, bar, open-air cinema, underground parking (2500 m²), surface guest parking, 24/7 security, CCTV, reception, lobby bar. Units: Studios, 1-3-bedroom apartments (29.2–75.4 m²). Ceilings 3m. Finishes: black frame, white frame, or fully renovated. Purchase terms: Contact sales office for pricing and options.

Project details

Area range· 29.2-75.4 m²

Finish options

black framewhite framefully renovated

Construction technology

monolithic-frame

Infrastructure

swimming poolSpafitness cantrerestaurantcafelandscaped courtyardchildren's playgroundsports grounds

Parking

underground

Security & Safety

securityCCTV
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
Zgvispiris St, 12
Georgian Group has projects in Batumi, including LemonGarden Residence & Spa. 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.
28
Developer score
28
Established
2017
Projects
1 active · 0 completed

Request offer

LemonGarden Residence & Spa

Batumi, Airport, Zgvispiris St, 12

Price from
USD 34,164
Price per m²
USD 1,170 / m²
DeveloperGeorgian Group
DistrictAirport
StatusUnder construction