Green Cape in Batumi

completion 2020
Batumi, Makhinjauri, Tbilisi st. 2a
Green Cape
Project parameters
Studios : $ 40000
1-room apartments : $ 40710
2-room apartments : $ 70658
3-room apartments : $ 228285
Cost per m² : $ 890
Apartments : from 29.5 to 256.5 m²
Floors : 10
Elevator : yes
Technology : monolith
Distance to the sea : 200 m
District : Makhinjauri
From the developer
Map
Description

The Green Cape Residential Complex in Batumi solves the problem for buyers seeking real estate in a resort area with a balance of price and location. The project was completed in 2020, which eliminates the risks of long waiting periods and allows immediate rental income. The Makhinjauri district is chosen for its tranquility and proximity to the Botanical Garden, while the cost per square meter here is lower than in central districts with comparable access to the sea.

About the Residential Complex

Green Cape RC belongs to the mid-segment real estate market of Batumi with elements of an investment format. Monolithic construction technology and 10 floors define the project's scale as intimate, which is characteristic of coastal development outside the center. The complex offers apartments in three finish options: pre-finishing, "green frame," and "turnkey" with furniture and appliances.

The project stands out in the market of completed properties — most new buildings in Batumi are at the foundation or construction stage, while Green Cape allows evaluation of real quality and infrastructure before purchase. Due to its completed status, the facility generates a stable rental flow without downtime, which is important for investors with a limited investment horizon.

Location and District Advantages

The complex is located in the village of Makhinjauri, Khelvachauri municipality, at 2a Tbilisi Street. The distance to the Black Sea is 200 meters — three minutes walk to the beach. The Batumi Botanical Garden is a ten-minute walk away, creating additional tourist interest in the area.

To the center of Batumi — 6 kilometers, to the city hall — 8.5 kilometers. The E-70 highway passes 100 meters away, providing connection to all coastal districts. The "Green Cape" railway station is located 600 meters away, public transport stop — directly at the complex.

Makhinjauri is considered a quiet ecological district, popular among tourists seeking peaceful rest away from the noisy center. Rental demand here is formed due to proximity to the Botanical Garden — one of the largest in the region, which attracts thousands of visitors annually. The district is gradually developing infrastructure, which supports stable property value growth without sharp fluctuations.

Complex Infrastructure

The residential complex provides basic infrastructure for comfortable living:

  • Elevator to all floors
  • Parking for residents
  • Secured territory
  • Recreation areas for residents
  • Commercial premises on the first floors
  • Management company
  • Children's playgrounds

Grocery stores and pharmacies operate within walking distance. The village meets the daily needs of residents without trips to the center.

Layouts and Prices

The range of apartment areas in Green Cape RC — from 29.5 to 256.5 square meters. The following formats are available:

  • Studios from $40,000 — from 29.5 m²
  • 1-bedroom from $40,710 — from 32 m²
  • 2-bedroom from $70,658 — from 72.1 m²
  • 3-bedroom from $228,285 — from 256.5 m²

Cost per square meter — $1,383. Studios and one-bedroom apartments make up the bulk of the offering — 28 units from the total fund, which corresponds to the logic of the resort market: compact formats are in demand for short-term rental by tourists. Two-bedroom and three-bedroom apartments are suitable for long-term family living or long-term rental to expats.

Studios and one-bedroom apartments are considered the most liquid for resale — they require a smaller entry budget and find tenants faster during the tourist season.

Investment Appeal

Green Cape RC is positioned as a ready investment product with immediate rental start. Batumi's tourist flow grows annually, the city's real estate market demonstrates stable transaction volume. Foreign investors are attracted by rental income and relatively low entry cost compared to European resorts.

Rental demand is formed by three factors: proximity to the sea makes the facility attractive for summer tourists, proximity to the Botanical Garden ensures visitor flow in the off-season, transport accessibility allows using the apartment as a base for regional excursions. The main tenant is tourists from CIS countries and Europe seeking budget accommodation by the sea with the ability to cook independently.

Investment horizon for this format — from 3 to 7 years. During this period, the district continues to develop infrastructure, and property values in Batumi's coastal areas demonstrate stable dynamics. Completed complex facilities are valued higher than construction-stage analogues due to the absence of delay risks and the possibility of immediate operation.

For foreign buyers, the property acquisition procedure in Georgia is simplified — no residence permit or purchase permit is required. Tax benefits for foreign investors make the Batumi market one of the most accessible in the region.

RC Advantages

  • Completed facility — completed in 2020, without long-term construction risks
  • 200 meters to the sea — three minutes walk to the beach
  • 10 minutes to the Botanical Garden — additional tourist interest
  • Three finish options — choice according to budget and task
  • Monolithic technology — construction reliability
  • Transport accessibility — E-70 highway and stops at the complex
  • Intimate format — 10 floors, controlled number of residents

Who This Complex Is Suitable For

Investors — ready facility with the possibility of immediate rental, minimum downtime between purchase and first income.

For living — quiet district with ecological environment, suitable for permanent residence of families with children or pensioners.

For relocation — village infrastructure covers daily needs, transport connection with Batumi center does not require a personal car.

For passive income — compact apartment formats are in demand during the tourist season, management company ensures facility maintenance.

Batumi's real estate market remains growing — investment volume in Adjara real estate exceeds 3 billion dollars annually, prices have doubled since 2018. Districts outside the center, such as Makhinjauri, offer more accessible entry while maintaining resort advantages. Green Cape RC occupies the niche of completed mid-segment facilities — this is the choice for buyers who are not ready to wait 2–3 years for new building completion and prefer to evaluate real quality before purchase.

If you are considering real estate in Batumi for investment or personal use, Green Cape solves the task of entering the resort market with minimal risks. The project is suitable for those seeking a balance between cost, location, and facility readiness for operation. Submit a consultation request — we will help select an apartment for your task and calculate potential rental income taking into account seasonality and current demand in the Makhinjauri district.

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