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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 133 384 ₾
Price per m2
from 2 694 ₾
₾
$
Developer
Stepan Annenkov
Korter Real Estate Consultant
Korter consultant
Layouts and prices for The Parallel
Prices and availability are up to date as of 19 February 2025. Please check with your consultant for the most accurate information.
 | Studios | 32.1–32.4 m2 | from 4 116 ₾ per m2 | from 133 384 ₾ | ||
 | 2-room | 46.1–54.5 m2 | from 3 625 ₾ per m2 | from 174 925 ₾ | ||
 | 3-room | 77.6–82.7 m2 | from 3 883 ₾ per m2 | from 301 366 ₾ | ||
 | 4-room | 180.7 m2 | from 2 694 ₾ per m2 | from 486 967 ₾ |
The Parallel on the map of Batumi
Tbel Abuseridze St, 19-23
Project houses
Total 2 houses
Tbel Abuseridze St, 19
Block A
35 floors
Under construction
Completion in Q4 2027
72 apartments for sale
from 133 384 ₾
Tbel Abuseridze St, 23
Block B
35 floors
Under construction
Completion in Q4 2027
60 apartments for sale
from 133 384 ₾
Construction progress The Parallel
We take photos of complex from same spots, to show real status and dynamics of development.
The latest update — January 2025
Spot 1
May 2024 — January 2025
Spot 2
May 2024 — January 2025
Spot 3
May 2024 — January 2025
Spot 4
May 2024 — January 2025
Installment in The Parallel
20%
down
payment
up to 2 years 10 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
≈
13 385
₾
payment for
month
16,97
%
effective interested rate that linked to a public
index
186 859
₾
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 2 694 ₾.
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.