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Vazha-Pshavela St, 61-63

Batumi, Chaobi, 1 house is under construction, next delivery in Q3 2027

AI Investment Summary
50.9
Final score
50.9
60
Liquidity
60
Net yield
11.7%
Capital growth
32.2
ADR
USD 78
Occupancy
39%
Annual net rent
USD 8,368
Primary Strategy: Balanced

Overview

Vazha-Pshavela St, 61-63 (Batumi Development Alliance) Key benefits: 1km to the sea (approx). 25-storey residential tower. 3m ceilings. Underground parking. Location: 61-63 Vazha-Pshavela St, Batumi. Near Argo cable car (950m), 6 May Park, Batumi Sea Port (1.5 km), 6 km from airport. Tech: Monolithic-frame. Panoramic glazing. High-speed elevators. Amenities: Gated courtyard, paved walkways, lawns, ornamental shrubs, trees, benches, underground parking, commercial spaces with separate street entrances, 24/7 video surveillance, security. Units: Studios, 1-4-bedroom apartments (29–90.5 m²). Ceilings 3m. Finishes: black frame or white frame. Purchase terms: Mortgage from TBC Bank. In-house installment from 30% down.

Project details

Area range· 29-90.5 m²

Finish options

black framewhite frame

Construction technology

monolithic-frame

Elevator

yes

Parking

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

<p><strong>The Main Transport Artery &amp; Business Hub.</strong><br>This area stretches along the main avenue from the sea to the bypass road. It concentrates offices, banks, major malls (Metro City, Goodwill), and government institutions. A dynamic, urban lifestyle.</p><ul><li><p><strong>Pros:</strong> Developed infrastructure (supermarkets, pharmacies), easy access to the main highway, modern business centers, great upper-floor panoramic views.</p></li><li><p><strong>Cons:</strong> Traffic noise and air pollution, about 5-10 minutes by car to reach the beach.</p></li><li><p>✅ <strong>Who it suits:</strong> Business professionals and remote workers (close to co-working spaces), families needing schools/clinics nearby, buyers with a car.</p></li></ul><p></p>

City
Batumi
District
Chaobi
Address
1 house is under construction, next delivery in Q3 2027
Batumi Development Alliance has projects in Batumi, including Vazha-Pshavela St and 61-63. 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

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Vazha-Pshavela St, 61-63

Batumi, Chaobi, 1 house is under construction, next delivery in Q3 2027

Price from
USD 34,800
Price per m²
USD 1,200 / m²
DistrictChaobi
StatusUnder construction