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Status House by Elt Building

Batumi, Airport, Adlia St, 5

AI Investment Summary
60.7
Final score
60.7
60
Liquidity
60
Net yield
17.5%
Capital growth
37.6
ADR
USD 74
Occupancy
61%
Annual net rent
USD 12,399
Primary Strategy: Balanced

Overview

Status House by Elt Building Key benefits: 270m to the sea. 18-storey residential tower. 5-minute walk to Lech and Maria Kaczynski Park. Bike parking on-site. Location: 5 Adlia St, Batumi. New Boulevard district, 7 min from airport, 20 min from Batumi center. Tech: Monolithic-frame. Panoramic windows. Open balconies with tempered glass railings. Multi-level facade lighting. Amenities: Landscaped courtyard, children's playground, tennis court, basketball court, mini-golf area, sports grounds, bike parking, underground parking, concierge, lobby, 24/7 security, CCTV. Units: Studios, 1-3-bedroom apartments (33.03–84.91 m²). Ceilings 3m. White frame finish. Purchase terms: Mortgage from TBC Bank.

Project details

Area range· 33.03-84.91 m²

Finish options

white frame

Construction technology

monolithic-frame

Infrastructure

recreational areachildren's playgroundsports ground

Parking

underground

Security & Safety

conciergelobby
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
Adlia St, 5
Elt Building is a Batumi-focused residential developer with multiple listed projects in the city, including Compact House, Marina Club, Optima Residence, and Status House. On HomeRadar, the developer is represented by projects such as Compact House, Status House by Elt Building, OXY Residence, and Marina Club. The portfolio is focused on liquid Batumi locations such as the Khimshiashvili corridor, Old Batumi, and Green Cape. This profile suits buyers who want several options under one developer and prefer to compare price, format and completion stage before choosing.
55
Developer score
55
Established
2015
Projects
6 active · 4 completed

Request offer

Status House by Elt Building

Batumi, Airport, Adlia St, 5

Price from
USD 39,636
Price per m²
USD 1,200 / m²

Financing

Mortgage

Bank

TBC Bank, Liberty Bank

Terms

Mortgage available; down payment from 30%

Installment from developer

Provider

Elt Building

Terms

0% installment; up to 36 months; down payment from 30%

DeveloperElt Building
DistrictAirport
StatusUnder construction