BATUMI, GEORGIA
Serviced Apartment New Development for Sale in Batumi, Adjara, Georgia USD 150,537
PROPERTY DETAILS
DESCRIPTION
Pullman Residences for investment | First Line of the Black Sea, near Batumi
Own a Pullman-branded residence in the first Pullman project in Georgia, set on a 20+ hectare seaside resort in Tsikhisdziri, Adjara.
Petra Sea Resort is developed by Petra Group in partnership with Accor, with the five-star hotel and residences operating under the Pullman brand. Buying at the construction stage gives you early entry into a premium, internationally managed destination.
Highlights:
- Pullman Living & Residences, managed under Accor standards
- Panoramic views of the Black Sea and the Adjara mountains
- Private beach, indoor and outdoor pool, spa, restaurant
- Shopping areas
- MayaBay Beach Club by Monaco-based Maya Collection
- Planned marina and yacht club
- Next to the ancient Petra fortress and a 6th-century basilica
- Completion planned for the end of 2030
- 50 months of internal, interest-free installment
- Payment terms: 20% down payment,60% divided until December,2030
BUILDING DETAILS
FEATURES
AMENITIES
NEIGHBORHOOD · ADJARA · BATUMI · GEORGIA · BAGRATIONI I
Located in a prime coastal resort area in Tsikhisdziri, offering direct beach access, panoramic Black Sea views, and rich green surroundings near Petra Fortress.
LOCATION
INVESTMENT SNAPSHOT
2 / 10CASH FLOW / MO
$-469
CAP RATE
4.65%
GROSS YIELD
24.02%
PRICE / M²
$4,158
Verdict: bad
Full investment data
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Warning: the rent on this listing implies a 24.0% gross yield and is 3.2x the area estimate of 945 — well above typical levels; treat it as unverified.
Estimates only — not financial advice. Prefilled from this listing's analysis — adjust to your own scenario.
Price context
This listing: $4,158/m² — 85% above the median of $2,249/m² across our 20 listings in this area.
Reading a price above the area level: a premium per m² is typically carried by location and quality factors — waterfront or views, walkable transport, plot size, recent renovation, and scarcity of the property type. Detected here: public transport (Minibuses and taxis available along the main highway; ~20 mins drive to Batumi Central Railway Station and Kobuleti.), schools (წმ. იოანე ღვთისმეტყველის სახელობის სემინარია — 205 m · 3 min walk), daily amenities (On-site retail infrastructure, supermarkets, dining venues, and 20 mins drive to Batumi shopping centers.). Worth verifying on viewing: condition and renovation year, outdoor space, and how the view compares to similarly priced alternatives.
No map data found nearby for: water proximity — worth asking the agent about these.
Positioning within our own current listings in the same area — asking prices per m², not an appraisal or market valuation. Size mix, condition, and plot differ between properties.
Investment factors
- ✓Public transport Minibuses and taxis available along the main highway; ~20 mins drive to Batumi Central Railway Station and Kobuleti.
Walkable rail or bus access consistently supports resale value and rentability. - ◦Water proximity
Lake, river, or sea frontage and water views command lasting price premiums in most markets. - ✓Schools წმ. იოანე ღვთისმეტყველის სახელობის სემინარია — 205 m · 3 min walk
Nearby schools widen the tenant and buyer pool to families and stabilise long-term demand. - ✓Daily amenities On-site retail infrastructure, supermarkets, dining venues, and 20 mins drive to Batumi shopping centers.
Groceries within walking distance is a top liveability filter for both tenants and buyers. - •Parks & recreation სპარტა — 777 m · 10 min walk
Green space nearby improves quality of life and supports value in dense areas.
Based on OpenStreetMap data. ✓ strong • present ◦ no data.