Dar Tower in Batumi

Batumi, Khimshiashvili, Pirosmani Street, 19, Zhuli Shartava Avenue, 8
Dar Tower

Project parameters

  • Cost per m²

    $1,700
  • Apartments

    from 29.4 to 54 m²
  • Number of apartments

    84
  • Floors

    35
  • Distance to the sea

    390 m
  • District

    Khimshiashvili
Apartments
Studiofrom $50,830
from 29.4 m²84 apartments

Price dynamics

Description

Considering the possibility of purchasing an apartment in the Dar Tower Residential Complex in Batumi, private investors gain access to a large-scale multifunctional project in the resort capital of Georgia. The Dar Tower complex is in high demand due to the integration of hotel infrastructure and a casino into a single space, ensuring year-round interest from international tourists and predictable occupancy regardless of the season. The project radically differs from classic new buildings through its self-sufficient ecosystem, which solves the task of safely preserving capital and generating passive rental income without involving the owner in operational processes.

About the Residential Complex

This large-scale project is positioned in the Batumi market as a premium-segment investment product. Conceptually, it consists of two high-rise buildings with smooth facade lines and panoramic glazing, which distinguishes the object against the backdrop of typical district development. The real estate format includes hotel-type apartments designed for rental and temporary accommodation. The unique distinction of the project from other offerings lies in the presence of its own casino, elevating the complex to the category of a magnet for affluent guests. The implementation stage is transparent; the facility is fully completed, with the residential complex handover year being 2019. The developer Dar Building has confirmed experience in constructing large-scale facilities, which increases confidence in the quality of subsequent property management.

Location and Area Advantages

The complex is located in the prestigious Khimshiashvili district, occupying addresses: Pirosmani Street, 19 and Zhiuli Shartava Avenue, 8. The distance to the sea is 390 meters, allowing residents to reach the beach with a leisurely walk. Nearby are key city landmarks: the House of Justice, Ardagan Lake with dancing fountains, and major shopping centers. The high liquidity of properties in this location is due to the unprecedented concentration of premium business infrastructure in Batumi, attracting the main tourist flow. Heroes Alley offers high potential for asset value growth as the construction of neighboring prestigious facilities and the development of the microdistrict’s engineering networks are completed.

Complex Infrastructure

To ensure autonomy, the developer has incorporated all necessary service elements into the project.

  • Five-star hotel with international service standards
  • Private casino to attract the premium tourist segment
  • Open panoramic pool on a scenic terrace
  • SPA center and fitness club with modern sports equipment
  • A la Carte restaurants and commercial premises on the lower levels
  • Underground secured parking and 24/7 video surveillance
  • Management company with remote rental monitoring functionality

Layouts and Prices

The inventory focuses on the in-demand format of resort real estate. Buyers are offered studios ranging from 29.4 to 54 square meters. This size range is considered the most liquid for short-term rentals, ensuring high returns on invested capital due to the rapid turnover of units. The minimum price per square meter in the residential complex starts from $1,700, while the average price per square meter is at the level of $2,177. The starting price for a studio is $50,830. The cost of larger units depends on view characteristics: price for a 1-room apartment starts from, price for a 2-room apartment starts from. In case of exclusive layouts, the price for a 3-room apartment will be, and for a 4-room apartment —. Meanwhile, the maximum price per square meter in the residential complex reaches $3,429. Financial details and current payment terms should be clarified with specialists.

Investment Appeal

Apartments in the project possess high investment liquidity due to integration into an ecosystem with a casino, which neutralizes the seasonality factor and guarantees stable rental demand during business activity months. The primary tenant is a solvent foreign guest, expatriate, or participant in specialized events who values hotel-level service. Purchase is available for non-residents with the right to register full private ownership. The investment horizon is logically considered in the medium-term perspective, when capitalization will be supported by the scarcity of available spaces on the first line of the avenue.

Advantages of the Residential Complex

  • The presence of an operating casino and hotel within the building multiplies the asset’s prestige.
  • Location in the epicenter of tourist life with a distance to the coastline of less than four hundred meters.
  • A transparent management system allows the owner to remotely monitor unit occupancy.
  • The scale of the architectural ensemble makes the project one of the landmarks of Zhiuli Shartava Avenue.
  • High level of security due to physical security personnel and restricted access to residential floors.

Who Is This Complex Suitable For

Investors seeking to acquire an asset with a ready-made system for generating passive income in currency. For passive income, the project offers a clear business model, underpinned by international management standards. For living, the housing is convenient thanks to the concept of developed infrastructure directly within the buildings' perimeter. For relocation to Georgia, this is a prestigious option ensuring comfortable integration into the modern business environment.

In the context of the real estate market, the Dar Tower Batumi project represents a formed investment product chosen for obtaining stable passive income through the unique symbiosis of residential space and entertainment infrastructure in the city’s main tourist zone. The object effectively solves the investor’s task of purchasing a liquid asset with predictable demand, completely eliminating construction risks thanks to its completion stage. To receive detailed ROI calculations, review current layouts, and select units matching your financial goals, submit a request for a professional consultation with a specialized expert.

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