House on Sharashidze 16a
in Batumi

Price / m2
from ‍886 ₾ $300
Developer
Address
16a Mikheil Sharashidze Lane

Layouts and prices for House on Sharashidze 16a

Prices and availability are up to date as of 21 June. Please check with your consultant for the most accurate information
1-bedroom apartments43.12–49.8 m2from ‍886 ₾ / m2 $300from ‍38 206 ₾ $12 936
3-bedroom apartmentsfrom 71.6 m2from ‍886 ₾ / m2 $300from ‍63 440 ₾ $21 480

House on Sharashidze 16a on the map of Batumi

16a Mikheil Sharashidze Lane

Development status

House on Sharashidze 16a
under construction
for sale
сompletion4 quarter 2022

Construction progress House on Sharashidze 16a

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

The latest update — May 2022

Construction progress House on Sharashidze 16a - Angle 1, May 2022
Angle 1
May 2022
Construction progress House on Sharashidze 16a - Angle 2, May 2022
Angle 2
April 2020May 2022
Construction progress House on Sharashidze 16a - Angle 3, May 2022
Angle 3
May 2020May 2022
Construction progress House on Sharashidze 16a - Angle 4, May 2022
Angle 4
November 2021May 2022

Ways to buy an apartment in House on Sharashidze 16a

All calculations are approximate. The final figures will only be announced by the bank or the developer
1
3
38 206 
increasing the price by 10-20% will make the calculation more realistic
GEL
USD
5 731 
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
754
payment per month
15,44
%
effective rate
Excellent.
If your net income is at least
1 508
12 765
amount of interest payments
50 971
final cost of the apartment
Other ways to buy

Installment terms

term
2 years
down payment
30%
interest rate
0%
under the conditions of this program, they do not agree with your request
minimum installment – 30%, payment term – 2 years

Project attributes

About the building

Cadastral number05.32.07.549
Construction technologymonolithic-frame
Elevator1 passenger elevator
Infrastructurecommercial areas, closed area
Number of buildings1
Number of floors7
Parkingunderground parking, ground level parking

About the units

Apartment renovationblack frame, white frame, green frame
Apartments area43–90 m2
Available unit types1‑bedroom, 2‑bedroom
Ceiling height2.85 m

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 16a. 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 at 16a Mikhail Sharashidze 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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Vladislav Sikorsky
Korter Real Estate Consultant
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Which apartments are available for sale in House on Sharashidze 16a in Batumi?

How much does a m2 cost in House on Sharashidze 16a?

The price per m2 in this complex starts from 886 ₾.

How to buy an apartment in House on Sharashidze 16a in Batumi?

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

When will House on Sharashidze 16a be commissioned?

House on Sharashidze 16a – delivery in Q4, 2022.