Batumi Palace
in Batumi

Price / m2
from ‍1 623 ₾ $550
Developer
Address
70 Tbel-Abuseridze St.

Layouts and prices for Batumi Palace

Prices and availability are up to date as of 25 May. Please check with your consultant for the most accurate information
Studios36.2–41.7 m2from ‍1 623 ₾ / m2 $550from ‍58 752 ₾ $19 910
1-bedroom apartments53.5–70.6 m2from ‍1 623 ₾ / m2 $550from ‍86 830 ₾ $29 425
2-bedroom apartments67–80.6 m2from ‍1 623 ₾ / m2 $550from ‍108 741 ₾ $36 850

Batumi Palace on the map of Batumi

Development status

Batumi Palace
under construction
for sale
сompletion1 quarter 2023

Construction progress Batumi Palace

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

The latest update — April 2022

Construction progress Batumi Palace - Angle 1, April 2022
Angle 1
February 2020April 2022
Construction progress Batumi Palace - Angle 2, April 2022
Angle 2
October 2021April 2022
Construction progress Batumi Palace - Angle 3, April 2022
Angle 3
November 2021April 2022
Construction progress Batumi Palace - Angle 4, April 2022
Angle 4
January 2022April 2022

Ways to buy an apartment in Batumi Palace

All calculations are approximate. The final figures will only be announced by the bank or the developer
Studio
1
2
86 830 
increasing the price by 10-20% will make the calculation more realistic
GEL
USD
13 025 
ideal for a mortgage
15 %
5 years
years
months
I am a citizen of Georgia or have a residence permit
Mortgage from TBC Bank
Mortgage
13,9
%
interest rate
1 713
payment per month
15,44
%
effective rate
Excellent.
If your net income is at least
3 426
28 975
amount of interest payments
115 805
final cost of the apartment
Other ways to buy

Installment terms

term
2 years
down payment
20%
interest rate
0%
under the conditions of this program, they do not agree with your request
minimum installment – 20%, payment term – 2 years

Aero flight 360

Autumn 2021
Rotate your phone to see more
Look at the building and its surroundings by flying around the complex with a drone

Project attributes

About the building

Cadastral number05.24.07.135
Communicationsall central communications are brought to the apartment
Construction technologymonolithic-frame
Distance to the seaside590 m
Elevator4 elevators
Infrastructurecommercial areas, closed area, commercial premises, entertainment facilities, a shopping center, a landscaped courtyard with a children's and sports grounds
Number of buildings1
Number of floors25
Parkingunderground parking, ground level parking (200 parking spaces)
Security & Safetysecurity, CCTV

About the units

Apartment renovationblack frame
Apartments area36,2–80,6 m2
Available unit typesstudio, 1‑bedroom, 2‑bedroom
Ceiling height3,0 m
Number of apartments400

Information about the project

Batumi Palace is a new apart-hotel offering comfortable apartments for both residential stays as well as for investment.

Where is Batumi Palace located?

The construction address is 70 Tbel-Abuseridze Street in Batumi and it is only 600 meters from the coast. Batumi Palace is located only 2 km from the central part of the city, which can be reached on foot if necessary. It takes less than 5 minutes on foot from the building to get to the new modern Dynamo stadium.

What is around?

In the direct area around the building, there is a school, the International University of Batumi, and two Orthodox churches. The Carrefour hypermarket is a five-minute walk away while the Yalcin Market is even closer. Nearby are also pharmacies, bank branches, gas stations, and medical facilities. On the coast, there is a large selection of cafes and restaurants while water park Europark is the best place to go on a sunny day.

What are the transport options?

Buses No. 2a, 16, and 17 run along the nearby Tbel-Abuseridze Street and the adjacent highways. The distance to the central bus station and the seaport is 3.5 km. To get to the railway station is about 6 km while the airport is only 3 km away.

What is inside?

Batumi Palace is a building with 25 floors, modern architecture, and unusual shapes. The first two floors will be non-residential and reserved for retail and restaurants. The commercial zone is partly attached to the house, which makes it possible to organize a cozy recreation area on the roof. The building has four elevators, guaranteeing a quick and comfortable climb to the desired floor. The building is connected to central communications and the gas network.

The five-level parking lot is right next to the building, where residents and guests can leave their vehicles.

What type of units are available?

The residential apartments are located from the 3rd to the 25th floor. The cost per square meter depends on the floor level and other features of the unit. The available apartments range in size from 36 to 80 m2 with convenient layouts and the possibility of selecting your own individual interior. The units are handed over in black frame condition while the ceiling height is 3 meters.

The apartments can be purchased for permanent residence as well as for investment purposes. Owners have the opportunity to transfer their property to a specialized management company that operates the property and allows you to receive additional income.

Who is the developer?

Batumi Palace is a project of HGroup, a construction company that has been active in Georgia for 14 years, building high-quality and modern real estate that meets international standards and the latest trends. The main focus is on the implementation of projects in Batumi, where the company also offers real estate management services. More information about the activities of HGroup, the principles of the company, current projects, and the conditions for the sale of apartments in the residential complex Batumi Palace can be found on the official website.

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Vladislav Sikorsky
Korter Real Estate Consultant
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This project is also called 70 Tbel-Abuseridze Street.

Which apartments are available for sale in Batumi Palace in Batumi?

How much does a m2 cost in Batumi Palace?

The price per m2 in this complex starts from 1623 ₾.

How to buy an apartment in Batumi Palace in Batumi?

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

When will Batumi Palace be commissioned?

Batumi Palace – delivery in Q1, 2023.