The Parallelin Batumi
Studios
from 126 499 ₾
Price / m2
from 2 631 ₾
GEL
USD
Developer
Address
Tbel Abuseridze St, 19-23
Layouts and prices for The Parallel
Prices and availability are up to date as of 15 November 2024. Please check with your consultant for the most accurate information.
 | Studios | 32.2–33 m2 | from 3 833 ₾ / m2 | from 126 499 ₾ | ||
 | 2-room | 47.7–54.8 m2 | from 3 402 ₾ / m2 | from 165 774 ₾ | ||
 | 3-room | 77.6–83.8 m2 | from 3 504 ₾ / m2 | from 283 539 ₾ | ||
 | 4-room | 180.7–184.3 m2 | from 2 631 ₾ / m2 | from 475 508 ₾ |
The Parallel on the map of Batumi
Tbel Abuseridze St, 19-23
Construction progress The Parallel
We take photos of complex from same spots, to show real status and dynamics of development.
The latest update — October 2024
Spot 1
May 2024 — October 2024
Spot 2
May 2024 — October 2024
Spot 3
May 2024 — October 2024
Spot 4
May 2024 — October 2024
Installment in The Parallel
20%
down
payment
up to 3 years 2 months
loan
term
Mortgage in The Parallel
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
12,5
%
annual interest
rate
≈
12 552
₾
payment for
month
14,14
%
effective interested rate that linked to a public
index
175 490
₾
total for real
estate
Project characteristics
About the house
| 🟧 Number of buildings | 2 |
| 🟧 Number of floors | 35 |
| 🟧 Construction technology | monolithic-frame |
| 🟧 Cadastral number | 05.24.08.116, 05.24.08.112 |
| 🟧 Distance to the seaside | 500m |
| 🟧 Elevator | yes |
| 🟧 Parking | underground parking |
| 🟧 Security & Safety | 24/7 CCTV, concierge |
About the units
| 🟧 Apartment renovation | black frame |
| 🟧 Apartments area | 32.5–184.3 m2 |
| 🟧 Number of apartments | 270 (block A), 204 (block B) |
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Which apartments are available for sale in The Parallel in Batumi?
How much does a m² cost in The Parallel?
The price per m² in this complex starts from 2 631 ₾.
How to buy an apartment in The Parallel in Batumi?
In this complex you can buy apartments with a Mortgage from TBC Bank, Installment terms.
When will The Parallel be commissioned?
Block A, Block B – completion in Q4 2027.