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Olympus Residence

Batumi, Airport, Sherif Khimshiashvili St, 53

AI Investment Summary
52.8
Final score
52.8
60
Liquidity
60
Net yield
14.2%
Capital growth
28.8
ADR
USD 103
Occupancy
61%
Annual net rent
USD 17,220
Primary Strategy: Balanced

Overview

Olympus Residence (Olympus) Key benefits: 60m to the sea (first line). Two 40-storey towers. 3.1m ceilings. Fitness and spa. Location: 53 Sherif Khimshiashvili St, Batumi. Near Batumi Mall, Republican Children's Hospital, Europark water park, ANRI Marine Engineering Academy, Lech and Maria Kaczynski Park, 3 km from airport. Tech: Monolithic-frame. Curved towers for sea views. Amenities: Fitness center, spa, beauty salon, children's room, playground, rooftop terraces, underground parking with car wash and dry cleaning, hotel within complex, 24/7 security, CCTV. Units: Studios, 1-3-bedroom apartments (33–95 m²). Ceilings 3.1m. White frame finish. Purchase terms: Property management for rental income.

Project details

Area range· 33-95 m²

Finish options

white frame

Construction technology

monolithic-frame

Communications

gasified

Elevator

yes

Infrastructure

fitness and spa centersbeauty salonswimming poolPlaygrounds

Parking

underground

Security & Safety

24/7 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
Sherif Khimshiashvili St, 53
Olympus has projects in Batumi, including Olympus Residence. 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.
23
Developer score
23
Established
2025
Projects
1 active · 0 completed

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Olympus Residence

Batumi, Airport, Sherif Khimshiashvili St, 53

Price from
USD 62,700
Price per m²
USD 1,900 / m²
DeveloperOlympus
DistrictAirport
StatusUnder construction