Under construction
$2,391per m²
Batumi Island by FK DEVELOPMENT, photo 1Price from
$121,500US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.$2,800 per m²
pricier than 75% of city projects: +17%Data verified Aug 8, 2026 · price source: developer partner network · updated 2 mo. ago
- Properties
- Condominium
- Area
- 41 - 128 m²
- Bedrooms
- 1 - 2
- Completion
- Q2 2030
- Readiness
- Under construction
- Dry season
- May, Apr, Jul
- First instalment
- 20%
Price
Is this expensive for the city
$2,800 per m², Batumi median $2,391
Median $2,391This project $2,800
$1,055$8,505
+17% vs the city median (Batumi), sample of 23 projects. pricier than 75% of city projects.
Rate as of 2026-10-14, city data updated 2026-10-14. Prices converted to US dollars at the quote-date rate. Source: Housebook catalogue. The scale is logarithmic.
The cost of this project
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What it really costs
Payment plan
- 20%Step 1 · On contract$24,300
- 80%Step 2 · Before commissioning$97,200
- Total
- 100% · $121,500
The developer may revise the payment schedule. Confirm the current terms before the deal.
ROI Calculator
$60,750$522,720
$100$1,850
A 6% annual yield estimate. We do not have market rental rates for this city yet. Check the real rate with your agent.
40%100%
0%20%
- Monthly income
- $396
- Annual income
- $4,746
- Gross yield
- 5.6%
- Net yield
- 3.9%
- Value in 5 years
- $162,594
- 5-year ROI
- 53%
See calculation details
- Gross annual rent
- $6,840
- Common area fee
- -$810
- Tax (10%)
- -$684
- Agent commission
- -$600
- Net annual income
- $4,746
Read moreCollapse
Calculations are estimates based on average market data. Actual returns may vary. This is not financial advice.
When is the season here
Driest months: May, Apr, Jul Wettest months: Oct, Nov, Dec Dry months per year: 6. A month counts as dry when its rainfall is below the annual median of monthly rainfall.
Rainfall, mm per monthTemperature, °C
Show monthly table
| Month | Temperature, °C | Rainfall, mm |
|---|---|---|
| Jan | -0.6 | 115 |
| Feb | 0.6 | 87 |
| Mar | 3.9 | 96 |
| Apr | 8.3 | 68 |
| May | 13.6 | 61 |
| Jun | 17.6 | 70 |
| Jul | 20.1 | 68 |
| Aug | 20.9 | 72 |
| Sep | 17.6 | 121 |
| Oct | 12.9 | 140 |
| Nov | 6.7 | 139 |
| Dec | 1.6 | 127 |
Source: NASA POWER, climate normal (2001-2020). Grid node 41.7, 41.7. This is a multi-year normal, not a weather forecast.
About the project
- Properties
- Condominium
- Completion
- Q2 2030
- Status
- Under construction
- Area
- 41 - 128 m²
Description
FK DEVELOPMENT is building Batumi Island in Batumi, in the Autonomous Republic of Adjara, Georgia. The project is currently under construction, with completion planned for May 2030.
The units on offer are one and two bedroom apartments, ranging in size from 40.5 to 128 square meters. That span covers compact layouts alongside larger apartments for those who need more living space.
Prices start at 121,500 US dollars and go up to 435,600 US dollars, with a price per square meter of 2,800 US dollars. The price range tracks the difference in size and bedroom count, from smaller one bedroom apartments to larger two bedroom layouts.
Buyers can select a layout based on the size and budget that suits them, within the stated price and area ranges. Construction is carried out by FK DEVELOPMENT, with the building scheduled for completion in May 2030.
This description was prepared with the help of artificial intelligence from developer data and public sources. Please check key figures and terms with our adviser.
Price in your currency
Rate: 1 USD = 1 USD≈ $121,500Rate as of 2026-10-14
Denominated in USD - a natural hedge against a weakening USD.
Sources: exchangerate-api.com
Location
Batumi, Georgia
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