Purchasing real estate in the coastal zone requires an objective assessment of the property’s liquidity, and BI Residence Batumi meets the needs of those seeking a balance between construction quality and long-term investment potential. This residential complex from the developer Kasko solves two key tasks at once: it provides comfortable conditions for seasonal or permanent residence and forms an asset for generating passive income. The high liquidity of the apartments in this project is due to its location on the first line of the New Boulevard and the presence of internal hotel infrastructure, which makes the property in demand among tenants even during the off-season.
About the residential complex
The project is an 18-story premium-class building aimed at international investors and expats. The concept of the property is based on a mixed-use format, where private living space is combined with classic hotel-level services. The architectural design stands out with the smooth, rounded forms of the facade, which not only sets the visual aesthetic but also improves the building’s aerodynamic performance in coastal wind conditions. Technical features include a thermally insulated facade and panoramic glazing, which significantly reduces the cost of air conditioning in summer and heating in winter.
The real estate format is represented by apartments for living and renting out. The completion date of the complex is 2023. Against the background of the city’s mass development, the property stands out for the full integration of recreational areas directly into the structure of the building, including a spacious usable rooftop. The developer Kasko is known in the Georgian market for its emphasis on compliance with international quality standards and the introduction of technological solutions, such as the use of silent high-speed elevators and modern digital security systems.
The positioning of the project in the premium segment is justified not only by the quality of the materials used but also by the rarity of the offer itself: complexes with a closed internal territory, a private square, and a large-scale SPA zone in this location are in short supply. This moves the property from the category of standard resort housing to the class of long-term hold investment assets.
Location and advantages of the area
The complex is located in the promising Airport district on Rejeb Nijaradze Street, just 120 meters from the Black Sea coastline. This part of the New Boulevard is characterized by a well-thought-out street layout, low density of old buildings, and active development of modern commercial infrastructure. Within walking distance are the city’s largest shopping and entertainment center Metro City, a park with singing fountains on Lake Ardagani, as well as public transport stops that provide quick connections to the business center and the international airport.
The demand for real estate in this area is driven by the shift of tourist and business focus from the overloaded historical center to more spacious and infrastructurally developed neighborhoods. Proximity to the sea and a landscaped green area attracts family tourists and long-term tenants working remotely. The prospects for the growth of the cost per square meter here are directly related to the completion of the cluster formation around the New Boulevard: as neighboring properties are commissioned, the capitalization of the entire area systematically increases.
Infrastructure of the complex
The project offers residents a fully autonomous living environment, where most basic and recreational needs are met within the building.
- Inner landscaped courtyard with a square and children’s attractions
- SPA center with a heated indoor pool, sauna, and jacuzzi for year-round recreation
- Modern fitness room with professional equipment
- Open shared veranda on the upper levels with a summer cinema, an additional pool, and a cafe-bar
- 24/7 reception and concierge service
- Surface and underground parking for residents
- 24-hour video surveillance systems and physical security of the territory
- In-house management company for maintenance and rental management
Layouts and prices
The developer has provided a variable mix of apartments, covering the needs of various categories of buyers. The area ranges from compact lots to spacious residences of over 140 square meters. Due to the rounded shape of the building, some rooms have non-standard geometry, which allows for original interior design solutions.
The minimum price per square meter in the residential complex starts from $900, while the maximum price per square meter reaches $1,804, varying depending on the floor and view characteristics. The average price per square meter is $1,280. For investors aiming for high turnover, compact formats will be the optimal choice; the price of a studio starts from. The price of a 1-room apartment is from, and the price of a 2-room apartment starts from. For long-term family living, more spacious lots are available: the price of a 3-room apartment starts from $109,800, and the price of a 4-room apartment is from $205,030.
From the point of view of the region’s market logic, one-bedroom lots have the highest liquidity for short-term rentals, while apartments with two or more bedrooms are focused on local demand and expats. Check payment terms with specialized professionals, as available financial instruments are regularly updated.
Investment attractiveness
The investment logic of the project is based on the concept of stable yield without being tied exclusively to the summer season. The integration of autonomous internal infrastructure makes it possible to attract tenants not only in the peak months but also in winter, thereby generating a stable cash flow. The main tenants are tourists in the warm season, as well as digital nomads and IT specialists from October to May.
A logical investment horizon for this format is from five years. During this time, the investor receives a regular operating income from renting out the housing, and also captures the capital appreciation of the asset due to the general infrastructural appreciation of the location. A special feature of the Georgian market is the absolutely transparent procedure for acquiring real estate by foreign citizens with the right to register full ownership, which minimizes legal risks.
Advantages of the residential complex
- Located just 120 meters from the coastline in the developing tourist cluster of the New Boulevard
- Presence of a usable roof with an outdoor pool and a cinema, which is rare in new buildings in this area
- Energy-efficient facade with thermal insulation, reducing the operational costs of the owners
- Built-in SPA complex and fitness zone, providing a competitive advantage for the property in the year-round rental market
- Presence of a professional management company with the option of online occupancy control via a personal account
- Inner landscaped square with recreation areas, isolated from the bustle of the city and the roadway
Who is this complex for
- Investors: to diversify their portfolio and receive passive income from renting through a single management company.
- For relocation: digital nomads and foreign specialists who value a high level of service and the availability of infrastructure for remote work.
- For living: families who prefer modern areas with a developed park zone, away from the overloaded historical center of the city.
Choosing resort real estate requires a detailed assessment of the location and internal concept. The BI Residence complex in Batumi is a liquid asset that combines the advantages of the first coastline with a full-fledged hotel infrastructure, which ensures stable rental demand and high potential for capital preservation. If you plan to buy an apartment to protect funds from inflation or for comfortable living by the sea, this project deserves detailed consideration. Leave a request for a consultation to get up-to-date information on layouts, a payback calculation for your strategy, and an expert analysis of available lots.
