Zhiuli Shartava Ave, 28

Batumi, Chaobi, 1 house is under construction, next delivery in Q4 2027

AI Investment Summary

50.7

Final score

50.7

Liquidity

Net yield

24.9%

Capital growth

11.6

ADR

USD 78

Occupancy

57%

Annual net rent

USD 12,230

Primary Strategy: Balanced

Overview

Zhiuli Shartava Ave, 28 (Nev-Bat Group) Key benefits: 1300m to the sea. 20-storey residential tower. White frame finish. Location: 28 Zhiuli Shartava Ave, Batumi. Bagrationi district, near Batumi Sea Port, Argo Cable Car, Batumi International Airport (10-15 min). Tech: Monolithic-frame. Decorative plaster and paneling. Panoramic windows. Spacious balconies. High-speed passenger and freight elevators. Amenities: Gated courtyard, landscaped green areas, walking paths, lawns, decorative trees, plants, wide paved driveways, tiled sidewalks, surface parking, short-term parking for visitors, commercial spaces with direct street access, 24/7 video surveillance, security. Units: Studios, 1-3-bedroom apartments (27.6–75.9 m²). White frame finish. Purchase terms: Mortgage from TBC Bank. Installment from 30% down.

Project details

Area range· 27.6-75.9 m²

Finish options

white frame

Construction technology

monolithic-frame

Elevator

yes

Parking

ground level

Layouts

Layouts are not published for this project yet.

Location

The Main Transport Artery & Business Hub. 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.<ul><li>Pros: Developed infrastructure (supermarkets, pharmacies), easy access to the main highway, modern business centers, great upper-floor panoramic views.</li><li>Cons: Traffic noise and air pollution, about 5-10 minutes by car to reach the beach.</li><li>✅ Who it suits: Business professionals and remote workers (close to co-working spaces), families needing schools/clinics nearby, buyers with a car.</li></ul>

City

Batumi

District

Chaobi

Address

1 house is under construction, next delivery in Q4 2027

Nev-Bat Group

Nev-Bat Group is a Georgian real estate developer with market history since 2016 and 2 completed projects and 2 current projects visible in the portfolio. On HomeRadar, the developer is represented by projects such as Lux Residence, Zhiuli Shartava Ave, 28, Nova 2012, and New Bat Group. The portfolio is focused on liquid Batumi locations such as the Khimshiashvili corridor and Heroes Alley. The offer is most relevant for buyers who prioritize a specific city location and want to compare the project on its own merits.

Developer score

Established

2016

Projects

2 active · 2 completed