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Modern Residence
Batumi
Vazha-Pshavela St, 53
2 houses are under construction, next delivery in Q2 2025
Developer’s apartments
from 192 336 ₾
Price per m2
from 3 615 ₾
₾
$
Developer
Vladislav Sikorskiy
Korter Real Estate Consultant
Korter consultant
Layouts and prices for Modern Residence
Prices and availability are up to date as of 8 March 2025. Please check with your consultant for the most accurate information.
 | Studios | 36.4–49.5 m2 | from 6 674 ₾ per m2 | from 242 950 ₾ | ||
 | Apartments | 102.9–103.2 m2 | from 3 615 ₾ per m2 | from 372 018 ₾ | ||
 | 2-room | 44.3–137.3 m2 | from 3 615 ₾ per m2 | from 192 336 ₾ | ||
 | 3-room | 85.5–115.6 m2 | from 4 310 ₾ per m2 | from 421 576 ₾ | ||
 | 4-room | 109.8 m2 | from 4 310 ₾ per m2 | from 473 303 ₾ |
Modern Residence on the map of Batumi
Vazha-Pshavela St, 53
Project houses
Total 2 houses
Vazha-Pshavela St, 53
Block 1
16 floors
Under construction
Start in Q4 2022
Completion in Q2 2025
7 apartments for sale
from 192 336 ₾
Vazha-Pshavela St, 53
Block 2
16 floors
Under construction
Start in Q4 2022
Completion in Q2 2025
8 apartments for sale
from 242 950 ₾
Construction progress Modern Residence
We take photos of complex from same spots, to show real status and dynamics of development.
The latest update — March 2025
Spot 1
May 2023 — March 2025
Spot 2
December 2022 — March 2025
Spot 3
July 2023 — March 2025
Spot 4
December 2022 — March 2025
Spot 5
January 2024 — March 2025
Installment in Modern Residence
30%
down
payment
up to 1 year 6 month
loan
term
Mortgage in Modern Residence
Please note that all calculations provided are approximate. For the final figures, we recommend consulting with both the bank and the developer
Mortgage from TBC Bank
14,5
%
annual interest
rate
≈
14 717
₾
payment for
month
16,97
%
effective interested rate that linked to a public
index
205 454
₾
total for real
estate
Project characteristics
О доме
| 🟧 Number of buildings | 2 |
| 🟧 Number of floors | 16 |
| 🟧 Construction technology | monolithic-frame |
| 🟧 Cadastral number | 05.28.03.042 |
| 🟧 Distance to the seaside | 1200 m |
| 🟧 Elevator | elevator Kleemann |
| 🟧 Parking | underground parking, ground level parking |
| 🟧 Security & Safety | 24/7 security, CCTV, reception |
About the units
| 🟧 Apartment renovation | black frame, white frame, repaired, turn key |
| 🟧 Apartments area | 31,5–137,3 m2 |
| 🟧 Number of apartments | 157 |
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Which apartments are available for sale in Modern Residence in Batumi?
For sale are studios, apartments, 2-room, 3-room, 4-room.
How much does a m² cost in Modern Residence?
The price per m² in this complex starts from 3 615 ₾.
How to buy an apartment in Modern Residence in Batumi?
In this complex you can buy apartments with a Mortgage from TBC Bank, Installment terms.
When will Modern Residence be commissioned?
Block 1, Block 2 – completion in Q2 2025.