Back to map

Mardi Corner Yard

Batumi, Old Batumi, Stepane Zubalashvili St, 1

AI Investment Summary
65
Final score
65
60
Liquidity
60
Net yield
15.9%
Capital growth
42.2
ADR
USD 66
Occupancy
60%
Annual net rent
USD 10,841
Primary Strategy: Rent Core

Overview

Mardi Corner Yard Key benefits: 500m to the sea. 5-storey residential building. Historical district of Batumi. Only 18 apartments. Location: 1 Stepane Zubalashvili St, Batumi. Old Batumi district, near historical architecture. Tech: Monolithic-frame. Design inspired by Old Batumi style. PVC profile windows with double glazing. Amenities: Commercial premises on first level, equipped courtyard, ground level parking, security, CCTV. Units: Studios, 1-3-bedroom apartments (13.7–79.8 m²). Black frame finish. Purchase terms: Individual approach from developer.

Project details

Area range· 13.7-79.8 m²

Finish options

black frame

Construction technology

monolithic-frame

Communications

gaswaterelectricitycable televisionInternettelephone

Elevator

2 passenger

Infrastructure

commercial premisesequipped courtyard

Parking

ground level

Security & Safety

securityCCTV
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
Stepane Zubalashvili St, 1
Mardi Holding is a Georgian developer with a diversified portfolio spanning residential, commercial, and hospitality projects. The stronger-scoring projects include Airport Highway, 25 and Mardi Corner Yard, which stand out for their location and investment profile. The portfolio is focused on liquid Batumi locations such as Old Batumi, central Batumi, and the Khimshiashvili corridor. This makes the developer especially relevant for buyers comparing investment potential, liquidity and long-term resale value.
77
Developer score
77
Established
2010
Projects
4 active · 14 completed

Request offer

Mardi Corner Yard

Batumi, Old Batumi, Stepane Zubalashvili St, 1

Price from
USD 68,000
Price per m²
USD 2,442 / m²

Financing

Mortgage

Bank

TBC Bank

Terms

Mortgage available; down payment 30%

Installment from developer

Provider

Mardi Holding

Terms

0% installment; up to 36 months; down payment 30%

DeveloperMardi Holding
DistrictOld Batumi
StatusUnder construction