Tekto Franco in Batumi: the 11.9% modelled yield rests on 153 rented nights a year

HomeRadar has published a buyer's guide to Tekto Franco, a large complex under construction in Makhinjauri, north of central Batumi. Apartments start at $45,360, and HomeRadar's model puts the net rental yield at 11.9%. The useful part is what sits behind that number. Read the full guide on HomeRadar.

Three things behind the headline

1. The price is not the budget. The model adds $18,000 for renovation and preparation, bringing the cheapest unit to $63,360 before taxes, fees, furniture and financing. The 11.9% yield is calculated on that larger sum.
2. The yield depends on occupancy. The base case assumes $70 per night, 42% occupancy, or about 153 booked nights a year, and a 30% operating deduction. That gives about $7,512 net a year. At 30% occupancy, the same model gives $5,366, or 8.5%; at 50%, $8,943, or 14.1%. Batumi demand is seasonal, so the lower case deserves as much attention as the base.
3. The risks are about construction. HomeRadar gives 2027 as a general delivery guide, but the date in each building's contract is what counts. It also says public information is not yet sufficient to assess the developer's delivery record. The project does not suit someone who needs rental income today.

Before a deposit

The guide lists what to confirm: the price and finishing of the specific unit, the instalment plan (up to 50 months with 20% down, per the developer), the building's handover date, remedies for delay, registry documents and service charges. It also compares Tekto Franco with Tekto Rakurs, Mardi Residence and Next Collection nearby.

Read the Tekto Franco guide on HomeRadar →

All yields, occupancy and scores above are HomeRadar model estimates, not realised income. HomeRadar.ge is a property research project affiliated with EstateScope.

For a buyer, the practical test is whether the deal still works at 30% occupancy and after the actual cost of finishing and managing the specific apartment.