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Star Palace

Batumi, Airport, Grigol Lortkipanidze St, 6

AI Investment Summary
56
Final score
56
60
Liquidity
60
Net yield
36.4%
Capital growth
33.9
ADR
USD 78
Occupancy
61%
Annual net rent
USD 13,088
Primary Strategy: Balanced

Overview

Star Palace Key benefits: 200m to the sea (150m according to data). 13-storey residential building. Restaurant, cafe, shops, hotel on-site. Location: 6 Grigol Lortkipanidze St, Batumi. New Boulevard district, near aquapark, Lake Ardagani with Dancing Fountains, 10 min from city center. Tech: Monolithic-frame. Energy-efficient technologies. Amenities: Restaurant, cafe, shops, hotel, intercom, CCTV. Units: 1-3-bedroom apartments (36–79 m²). Black frame finish. Purchase terms: 12-month installment with 30% down.

Project details

Area range· 36-79 m²

Finish options

black frame

Communications

electricitywaterseweragenatural gas

Elevator

yes

Infrastructure

restaurantcafeshopshotel

Security & Safety

intercomCCTV
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
Grigol Lortkipanidze St, 6
Star Palace has projects in Batumi, including White House. 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.
28
Developer score
28
Established
2015
Projects
1 active · 0 completed

Request offer

Star Palace

Batumi, Airport, Grigol Lortkipanidze St, 6

Price from
USD 36,000
Price per m²
USD 1,375 / m²
DeveloperStar Palace
DistrictAirport
StatusUnder construction