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Mikheil Sharashidze II Lane, 18

Batumi
1 house delivered
Developer’s apartments
from $‍43,120
Price per m2
from $‍1,000
$
Developer

Layouts and prices for building on Mikheil Sharashidze II Lane, 18

Prices and availability are up to date as of 15 December 2025
Report inaccuracies
Ceiling height: 2.85 m
Finishing options: black frame, white frame, green frame
2-room
available
43.12 – 49.8 m2
from $‍43,120
from $‍1,000 per m2
4-room
available
71.6 m2
from $‍71,600
from $‍1,000 per m2

Mikheil Sharashidze II Lane, 18 on the map of Batumi

Mikheil Sharashidze II Lane, 18

Construction progress

We take photos of complex from same spots, to show real status and dynamics of development.

The latest update — March 2023

Construction progress  - Spot 1, March 2023
Spot 1
April 2020March 2023
Construction progress  - Spot 2, March 2023
Spot 2
May 2020March 2023
Construction progress  - Spot 3, March 2023
Spot 3
November 2021March 2023
Construction progress  - Spot 4, March 2023
Spot 4
May 2022March 2023

Mortgage in Mikheil Sharashidze II Lane, 18

Please note that all calculations provided are approximate. For the final figures, we recommend consulting with both the bank and the developer
2
4+
GEL
USD
You borrow $‍36,652 from the bank
years
months
Mortgage from TBC Bank
from
9,9
%
interest
rate
from
11,93
%
effective interest
rate
≈ $
3 221
monthly payment, a life/property insurance fee is added to the monthly
payment
The provided Nominal and Effect Interest Rates represent the minimum credit facility amount. The actual values will be specified at the time of credit approval. The interest rate given in the table is linked to the public index — Term SOFR.

Project characteristics

🟧 Number of buildings1
🟧 Number of floors7
🟧 Construction technologymonolithic-frame
🟧 Elevator1 passenger elevator
🟧 Cadastral number05.32.07.549
🟧 Infrastructurecommercial areas, closed area
🟧 Parkingunderground parking, ground level parking
🟧 Apartment renovationblack frame, white frame, green frame
🟧 Apartments area43–90 m2
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Information about the project

GI Group has begun work on the construction of a new house, which will appear in Batumi at about 1 km from the airport. The exact address of the construction is at Todogauri, at the dead-end of Mikhail Sharashidze, house No 18. The Black Sea coast is a little more than 2.5 km from here.

What's around?

The available facilities here are not the most diverse, but the essential things are widely available. There are several cozy restaurants nearby such as BERMUKHA, Wild West, and Global Catering. For grocery shopping, there is the Babylon Supermarket. Also nearby are several car dealerships and stores with auto accessories and home goods. For a relaxing stroll, you can visit the ethnographic open-air museum or the amusement park, located a little further.

How to get around?

The construction is being carried out nearby the Batumi-Akhaltsikhe highway, which leads you to the resort areas of Batumi, as well as to other highways. The nearest bus stop is approximately 1 km from the new building.

What is inside?

The residential complex is a relatively small building with only 7 floors. It is built with a reliable monolithic frame, which adds to the level of earthquake resistance and the durability of the structure. The property meets the latest fire safety requirements.

There is an underground garage, as well as parking spaces in the yard. On the ground floor of the complex is a commercial space where you will find a retail area.

What size are the apartments?

The smallest available units have an area of 43 sq.m. However, there are also some more spacious apartments available that have a maximum size of 71.6 sqm. Each apartment has a kitchen/living room, as well as separate bedrooms.

Interest-free installment plans for a period of 36 months are available directly from the developer. The details can be found on the official page of the developer as well as at the sales office of the real estate development company GI Group.

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Which apartments are available for sale in Mikheil Sharashidze II Lane, 18 in Batumi?

For sale are 2-room, 4-room.

How much does a m² cost in Mikheil Sharashidze II Lane, 18?

The price per m² in this complex starts from $‍1,000.

How to buy an apartment in Mikheil Sharashidze II Lane, 18 in Batumi?

In this complex you can buy apartments with a Mortgage from TBC Bank.

When will Mikheil Sharashidze II Lane, 18 be commissioned?

Mikheil Sharashidze II Lane, 18 – delivered.