53 Vazha-Pshavela St, Batumi

Modern Residence residential complex in Batumi Old Town
One-bedroom apartment in black frame condition before renovation
Exterior of Modern Residence residential building in Batumi
Floor plan of the 47.1 m² one-bedroom apartment
Floor plan of the 47.1 m² one-bedroom apartment
1 / 4
$75 300
$1 598 per m²
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Total area

47.1 m²

Floor

14

Bedrooms

1

Bathrooms

1

YEAR BUILT

2026

Condition

Black Frame

Renovation Status

Ready for Renovation

Gas

Connected

Mortgage Eligible

Yes

RESIDENTIAL COMPLEX

Modern Residence · by Batumi Development Group

A modern residential development in Batumi Old Town, combining a convenient central location with the comfort of a newly built, gas-connected building.

BUILDING AMENITIES

24/7 Security · Concierge · Elevator · Parking

LOCATION

The property is located in Batumi Old Town, just off Chavchavadze Street — one of the city’s main thoroughfares. Batumi Boulevard, 6 May Park, the cable car, zoo, museums and the Assumption Cathedral are all within easy reach, along with a wide choice of restaurants, banks and everyday amenities.

NEARBY

  • TBC Bank 50 m
  • Seafront 850 m
  • 6 May Park 900 m
  • Carrefour 500 m
  • Public School No. 1 500 m
THE LOCATION

Investment Strategy

Two investment approaches based on the same property, renovation budget and two-year exit scenario.

STRATEGY 01

Cash Investment

Buy · Renovate · Rent · Sell

Purchase price $75,300
Renovation $30,615 $650 / m²
Horizon 2 years 24 months
Total investment Purchase $75,300 + renovation $30,615
$105,915
Rental income · $800 × 24 projected rental income
+$19,200
Sale after 2 years $2,600 × 47.1 m²
+$122,460
Total returned rent + sale proceeds
$141,660
Net profit $35,745
Return over 2 years 33.7% ≈ 16.9% average per year
STRATEGY 02

Leveraged Investment

Mortgage · Renovate · Rent · Sell

Down payment 30% $22,590
Mortgage term 10 years 120 months
Interest rate 9% annual
Investor capital contributed Down payment $22,590 + renovation $30,615 + 24 mortgage payments ≈ $16,025
$69,230
Rental income · $800 × 24 projected rental income
+$19,200
Sale after 2 years $2,600 × 47.1 m²
+$122,460
Remaining mortgage balance after 24 monthly payments
−$45,577
Net proceeds from sale after mortgage repayment
$76,883
Total returned rent + net sale proceeds
$96,083
Net profit $26,853
Return over 2 years 38.8% ≈ 19.4% average per year
Capital Efficiency

Mortgage financing reduces the amount of investor capital committed to the project while retaining exposure to the full property value.

Cash investment $105,915
vs
Leveraged investment $69,230
Capital retained $36,685

Illustrative 2-year investment scenario. Figures exclude taxes, transaction costs, vacancy and operating expenses. Mortgage terms are indicative and subject to bank approval. Actual investment results may vary.

Renovation Vision

Designed for
Rental & Resale

The proposed interior concept is developed around the investment strategy above — efficient planning, durable materials and a distinctive visual identity designed to perform well both in rental listings and on resale.

Turnkey renovation budget $30,615 $650 / m²
Design
Renovation
Furnishing
Styling
Proposed renovation concept — living room and kitchen
Proposed renovation concept — bedroom
Proposed renovation concept — bathroom
Proposed renovation concept — second living room view
1 / 4 Living & Kitchen

Concept visualizations. Final design, materials and specifications may vary.

What Happens Next

From Property Selection to a
Ready-to-Rent Asset

This property is one example of how Arcus approaches real estate investment in Batumi. If the strategy makes sense for you, we can guide you through the full process.

01

Tell Us Your Goals

Share your budget, investment goals and preferred timeline. This helps us understand what type of property and strategy may suit you best.

02

We Select the Right Option

We can discuss this apartment or compare alternative properties based on location, budget, financing and investment potential.

03

We Prepare the Property

From design and renovation to furnishing and rental preparation, Arcus helps turn the selected property into a complete income-ready asset.

Start a Conversation

Let’s Build Your
Investment Plan

Interested in this property or looking for a similar investment opportunity in Batumi? We can discuss this apartment, prepare alternative options and tailor the strategy to your budget and goals.

  • Property selection and comparison
  • Mortgage and budget discussion
  • Renovation scope and estimate
  • Rental preparation and exit strategy
or
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