Lux Tower

Batumi, Chaobi, Petre Bagrationi St, 196i

AI Investment Summary

54.2

Final score

54.2

Liquidity

Net yield

13.8%

Capital growth

31.1

ADR

USD 78

Occupancy

61%

Annual net rent

USD 13,088

Primary Strategy: Balanced

Overview

Lux Tower Key benefits: 1000m to the sea. 20-storey residential tower. 3m ceilings. Rooftop terrace with lounge area. Location: 196i Petre Bagrationi St, Batumi. Near New Boulevard, Dynamo Batumi Stadium (500m), Republican Children's Hospital (1 km), 7 min from airport. Tech: Monolithic-frame. Insulated walls. Energy-saving double-glazed windows. Amenities: Rooftop terrace with greenery and lounge area, children's playground, landscaped green yard, underground parking (2.6m ceiling), ground parking, security, CCTV, concierge. Units: 1-3-bedroom apartments (38.56–107 m²). Ceilings 3m. Finishes: black frame or white frame. Purchase terms: Installment with 30% down.

Project details

Area range· 38.56-107 m²

Finish options

black framewhite frame

Construction technology

monolithic-frame

Communications

electricitywaterseweragenatural gas

Elevator

2 passenger

Infrastructure

playgroundlandscaped green yard

Parking

underground

Security & Safety

securityCCTVconcierge

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

Petre Bagrationi St, 196i

NewCity

NewCity has projects in Batumi, including Lux Tower. 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.

Developer score

Established

2018

Projects

1 active · 0 completed