Back to map

Red

Batumi, Airport, Angisa St, 30-32

AI Investment Summary
55.4
Final score
55.4
60
Liquidity
60
Net yield
29.5%
Capital growth
32.7
ADR
USD 91
Occupancy
61%
Annual net rent
USD 15,154
Primary Strategy: Balanced

Overview

Red Key benefits: 490m to the sea. 26-storey residential tower. 7 high-speed elevators. Rooftop terrace with telescope area. Location: 30-32 Angisa St, Batumi. New Boulevard district, 15 min walk to Ardagani Lake, near Lech and Maria Kaczynski Park, 3 km from airport. Tech: Monolithic-frame (B25 concrete). Turkish pumice block walls. Brick, glass panels, aluminum composite facade. Energy-efficient double-glazed windows. Amenities: Children's development center, swimming pool, spa, fitness center, restaurant, cafe, chess club, rooftop terrace with telescope area, commercial spaces (dry cleaner, pharmacy, supermarket, coffee shop), underground parking for 500 cars, surface parking, 24/7 security, CCTV, reception. Units: Studios, 1-2-bedroom apartments (33– contact sales for max size). Finishes: black frame or white frame. Purchase terms: Mortgage from TBC Bank. Installment plans from 30% down.

Finish options

black framewhite frame Gasification yes

Construction technology

monolithic-frame

Communications

gaswaterelectricitysewerage

Elevator

yes

Infrastructure

children's development centerswimming poolSpafitness centerrestaurantcafeworkshopchess clubrooftop terrace

Parking

underground

Security & Safety

24/7 CCTVsecurityrecepcion
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
Angisa St, 30-32
AB Development has projects in Batumi, including Red and Life Style. 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.
26
Developer score
26
Established
2021
Projects
3 active · 0 completed

Request offer

Red

Batumi, Airport, Angisa St, 30-32

Price per m²
USD 1,070 / m²

Financing

Mortgage

Bank

TBC Bank

Terms

Mortgage available

Installment from developer

Provider

AB Development

Terms

Installment available

DeveloperAB Development
DistrictAirport
StatusUnder construction