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The Parallel
Batumi
Tbel Abuseridze St, 19-23
2 houses are under construction, next delivery in Q4 2027
Developer’s apartments
from 131 075 ₾
Price per m2
from 2 701 ₾
₾
$
Developer
Vladislav Sikorsky
Korter Real Estate Consultant
Korter consultant
Layouts and prices for The Parallel
Prices and availability are up to date as of 16 January 2025. Please check with your consultant for the most accurate information.
 | Studios | 32.2–33 m2 | from 3 971 ₾ per m2 | from 131 075 ₾ | ||
 | 2-room | 46.1–54.8 m2 | from 3 525 ₾ per m2 | from 171 770 ₾ | ||
 | 3-room | 77.6–83.8 m2 | from 3 718 ₾ per m2 | from 293 796 ₾ | ||
 | 4-room | 180.7–184.3 m2 | from 2 726 ₾ per m2 | from 492 709 ₾ |
The Parallel on the map of Batumi
Tbel Abuseridze St, 19-23
Project houses
Total 2 houses
Tbel Abuseridze St, 23
Block B
35 floors
Under construction
Completion in Q4 2027
60 apartments for sale
from 134 956 ₾
Tbel Abuseridze St, 19
Block A
35 floors
Under construction
Completion in Q4 2027
Sales from the developer are suspended
Construction progress The Parallel
We take photos of complex from same spots, to show real status and dynamics of development.
The latest update — November 2024
Spot 1
May 2024 — November 2024
Spot 2
May 2024 — November 2024
Spot 3
May 2024 — November 2024
Spot 4
May 2024 — November 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
14,5
%
annual interest
rate
≈
13 144
₾
payment for
month
16,97
%
effective interested rate that linked to a public
index
183 494
₾
total for real
estate
Project characteristics
О доме
| 🟧 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 2 701 ₾.
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 B, Block A – completion in Q4 2027.