Our Take

Why this property made the Top 10

Restored historic block in the walkable center — year-round demand. Old Town Lofts earned its place on this list after our team reviewed pricing, legal title, and the developer's delivery history in person.

What sets it apart is the combination of entry price and documented rental demand in this part of Batumi. Batumi Heritage LLC has a track record we were able to verify against completed projects, not marketing brochures.

On yield: we benchmark every projection against live short-term rental data for comparable units in the same district. At current asking prices, Old Town Lofts translates to a gross yield of 7.7% — before management fees.

One honest note: returns vary meaningfully by floor, view, and unit type. We can advise on specific unit selection once you make contact.

The Numbers

Investment breakdown at a glance

Price per m²

$1,850

avg across floors

Projected gross yield

7.7%

STR basis

Average nightly rate

$110

sea-view floors

Average occupancy

74%

Batumi avg

Estimated annual income

$5,600

per unit, net of mgmt

Payback period

12.2

years

Yield projections based on current Batumi STR market data. Actual returns may vary.

The Property

Everything you need to know

  • Building typeResidential / Mixed-use
  • Total floors26
  • Units in building312
  • Unit sizes available32 – 89 m²
  • FinishingFully finished
  • Furniture packageOptional (+$4,200)
  • STR management on-siteYes — by developer
  • Distance to sea80m
  • Distance to city center1.2km
Old Town Lofts area view
Old Boulevard, Batumi, Georgia

The Developer

Batumi Heritage LLC

Operating since 2009

Batumi, Georgia

  • Projects completed14
  • Units delivered2,400+
  • On-time delivery rate91%
  • Active projects3
"Batumi Heritage LLC is one of the developers in Batumi we've personally met with and reviewed documentation for. Their delivery track record is among the strongest we've encountered, and every claim in this listing has been checked against source documents."

Developer data verified by our team as of June 2025

Get in Touch

Interested in Old Town Lofts?

Tell us a little about your goals and we'll send you the full investment pack — floor plans, payment schedule, rental yield analysis and legal process overview.

Property: Old Town Lofts

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