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Piaza Residence

Batumi, Downtown, Vakhtang Gorgasali St, 59

AI Investment Summary
54.7
Final score
54.7
60
Liquidity
60
Net yield
16.8%
Capital growth
31
ADR
USD 103
Occupancy
60%
Annual net rent
USD 16,937
Primary Strategy: Balanced

Overview

Piaza Residence Key benefits: Central Batumi location. 18-storey residential building. Private piazza and fountains. Restaurant and cafe on-site. Location: 59 Vakhtang Gorgasali St, Batumi. Tech: Monolithic-frame. Amenities: Private piazza and fountains, restaurant, cafe, workspaces, underground parking, reception, lobby, security, concierge. Units: Contact sales office for area and layout information. Purchase terms: Contact sales office for pricing and options.

Construction technology

monolithic-frame

Elevator

yes

Infrastructure

private piazza and fountainsrestaurant and cafeworkspaces

Parking

underground

Security & Safety

Receptionlobbysecurityconsierge
Layouts
Layouts are not published for this project yet.
Location

<p><strong>Modern Resort &amp; Top Investment Hotspot.</strong><br>The area of the new promenade stretching from the Lighthouse to Ureki beach. It's all about glass-and-steel new buildings, European-style walking paths, bike lanes, and beachfront cafes. The most popular zone for buying studios to rent out.</p><ul><li><p><strong>Pros:</strong> Guaranteed sea views in 90% of properties, modern complexes with pools, the best leisure promenade, massive tourist flow.</p></li><li><p><strong>Cons:</strong> Highest property prices in the city, very dense construction (buildings close together), windy in winter, long elevator queues during peak summer season.</p></li><li><p>✅ <strong>Who it suits:</strong> Mid-to-long-term investors (fastest ROI on rentals), foreign digital nomads, lovers of modern architecture and rooftop terraces.</p></li></ul><p></p>

City
Batumi
District
Downtown
Address
Vakhtang Gorgasali St, 59
Tower Group has projects in Batumi, including Panorama and Piaza 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.
29
Developer score
29
Established
2015
Projects
4 active · 0 completed

Request offer

Piaza Residence

Batumi, Downtown, Vakhtang Gorgasali St, 59

Price per m²
USD 2,400 / m²

Financing

Mortgage

Bank

TBC Bank

Terms

Mortgage available; down payment from 10%

Installment from developer

Provider

Tower Group

Terms

Interest-free installment; up to 48 months; down payment from 10%

DeveloperTower Group
DistrictDowntown
StatusUnder construction