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Parnavaz Mepe st. 65

Batumi, Old Batumi, 1 house is under construction, next delivery in Q1 2028

AI Investment Summary

32.6

Final score

32.6

Liquidity

Net yield

3.6%

Capital growth

22.3

ADR

USD 91

Occupancy

39%

Annual net rent

USD 9,689

Primary Strategy: Balanced

Overview

Parnavaz Mepe st. 65 Key benefits: 10 min walk to the sea. 8-storey residential building. 3m ceilings. Only 46 apartments. Location: 65 Parnavaz Mepe St, Batumi. Central district, near 6 May Park, Batumi Sea Port, Argo cable car, 10 min walk to beach, 20 min from airport. Tech: Monolithic-frame. Reinforced concrete frame. Cascading tier formation. Glass balcony railings. Architectural lighting. Passenger elevator. Amenities: Courtyard with landscaping, video surveillance system, commercial premises on first floor (grocery store, coffee shop, yoga studio), underground parking, access roads, pedestrian alleys, recreation areas, trees and shrubs. Units: Studios, 2-3-room apartments (31–181 m²). Ceilings 3m. Basic preparation with installed communications. Purchase terms: Mortgage from TBC Bank.

Project details

Area range· 31.4-181 m²

Finish options

black frame

Construction technology

monolithic-frame

Elevator

yes

Parking

underground

Layouts

Layouts are not published for this project yet.

Location

The Heart of the City, Old European Charm. 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.<ul><li>Pros: Ultimate walkability (everything is steps away), unique historical vibe, panoramic sea and mountain views, high rental liquidity.</li><li>Cons: Noisy at night, extremely difficult parking, highest price per sq.m., many buildings require full renovation.</li><li>✅ Who it suits: Real estate investors (tourists pay a premium for this address), expats seeking authentic European atmosphere, young people without a car.</li></ul>

City

Batumi

District

Old Batumi

Address

1 house is under construction, next delivery in Q1 2028

Comfort Building

Comfort Building has projects in Batumi, including Comfort House and Parnavaz Mepe st. 65. 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

2026

Projects

2 active · 0 completed