Secret Garden, Batumi, Georgia
You missed Dubai and Bali? Don't miss Batumi.
More than 200 residential complexes are going up in Batumi, mostly towers. Townhouses inside the city are rare. Ours are built, titled and rented, and owners from seven countries already live here. Every number is on this page before you give us anything.
Secret Garden: 26 townhouses, one street. 7 still open.
Batumi has plenty of towers. It is short of houses.
Galt & Taggart, the research arm of Bank of Georgia, warns of rising unsold apartment stock and a large pipeline of new towers. That is a tower problem. A family that wants a garden, its own front door and a parking space has very few choices in the city — most new townhouse projects are being built out in Gonio and Kvariati, a drive away. Secret Garden is ten minutes on foot from Metro City.
Everyone has a story about Dubai or Bali: it looked expensive at the time, and there was always a reason to wait a year. We won't promise Batumi becomes the next Dubai. What it has today is the arithmetic those places had early: an average price of $1,865/m², rental yields above 7%, 2.6 million visitors a year, and no visa for most of the world. Check every number below.
One house we sold, and what it earns today
No projections and no "up to". This is a real sale from this street, and what its owner collects every month on a twelve-month lease.
Run it with your own money
Includes Georgia's 5% tax on rent and 10% for management, vacancy and repairs. Nothing rounded in our favour.
Bank rates here run around 10–12%, above the rental yield. Financing raises your return only when prices rise — set growth to 0% and watch it drop. Loan shown as interest-only for simplicity; ask us for the bank's exact schedule.
Where it is, measured honestly
The children's hospital is next door
The M. Iashvili Batumi Mother and Child Health Centre is right beside the project. With a small child, at three in the morning, in a new country, that is the distance that matters. It also keeps rent steady all year: doctors and visiting families need somewhere to stay in winter too.
10 minutes on foot to Metro City
Batumi's central hub is a ten-minute walk. You can live here without a car, which is why tenants stay twelve months, not just July and August.
10 minutes on foot to the sea
Not seafront, and we won't call it that. A short walk to the water is also why the price is what it is, instead of double.
You are not only buying a house. You are buying 25 neighbours.
There are 26 doors on this street and the number will never grow. The 19 sold so far went to families from seven countries:
There is an old Turkish saying: don't buy the house, buy the neighbour. Batumi sits between Türkiye, the Black Sea and the Caucasus, and the people who arrive early end up knowing each other. Twenty-six families is small enough that you will.
On a call we will tell you who is already here and what they do. No names — that is theirs to share — but enough to know what you are walking into.
Two brothers from Türkiye. Ten years in Batumi.
Nobody handed us an apartment. We watched our parents count out a deposit at the kitchen table, so we know what it means to sign for something this size. That is why our margin is deliberately thin: we would rather sell 26 houses to people who make money than squeeze the last dollar out of each one.
There is no fund behind this and no call centre. Two brothers, a finished street, and a phone we answer ourselves. Ask for any of our completed buildings, go and knock on a door while we are not there, and talk to whoever opens it.
And the day you want to sell
Most developers hope you never ask who buys it back from you. We are a RE/MAX franchise: the people who built your house are also the brokerage that will list it, in the same office, with a reputation in this city that depends on you doing well.
We won't promise a price or a date — anyone who does is guessing. Ask us on the call how resale works in practice.
Don't take our word for it
Every market figure here comes from someone who does not work for us. Open them.
Banks that finance buyers like you. We take no commission on your loan — we introduce you and step out.
What buyers actually ask us
Get the Investor Pack for the 7 open houses
Sent to you personally, the same day, in your language. Free, and no obligation.
- Price list of the 7 open houses, with size and position
- Plot map of the street: what is sold, what is open
- Floor plans
- Title extract from the Public Registry
- Tenancy terms of the $2,200 reference house
- Walkthrough video, payment options and the bank contact for financing
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