Stay & Rent by One Developments, New Boulevard Batumi

Stay & Rent by One Developments is a European Property Award–winning residential building on Batumi’s New Boulevard, conceived as an income-focused address that owners can live in or let. The 22-storey building holds 171 apartments in 26 modern layouts, from studios to three-bedroom homes.

Located at 5 Grigol Lortkipanidze Street, it sits about 8 minutes from Kaczyński Park, 10 minutes from the beach and promenade and the same from Metrocity Mall, with Batumi International Airport roughly a 5-minute drive away.

Homes start with studios of 37.5 m² from $58,956, followed by one-bedrooms of 45.9 m² from $71,467 and two-bedrooms of up to 83.5 m² from $77,876, with three-bedroom options also available — roughly $1,410 per m² at entry. Four finishing tiers are available: Black frame (basic), White frame at +$150 per m², a final fit-out with fully equipped kitchen and bathroom at +$600 per m², and a turnkey furnished delivery at +$750 per m².

The amenities are extensive for a building of this size: two-level parking for around 200 cars, a fitness centre and sports zones, a heated pool and a rooftop pool, a SPA with juice bar, a coworking space with library, an on-site restaurant and cafe, a children’s playground, ground-floor commercial units and silent premium elevators, all within secure, gated grounds under 24/7 surveillance.

The developer projects a rental yield of 6–8% with about 10% average annual value growth, and a professional international rental-management company handles leasing. The payment plan is a 30% down payment with interest-free instalments over up to 36 months; mortgage financing of up to 10 years is also available, and construction is financed by TBC Bank. Ownership is freehold for any nationality and handover is scheduled for Q2 2027.