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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 ‍130 288 ₾
Price per m2
from ‍2 744 ₾
$
Developer
Vladislav Sikorskiy
Vladislav Sikorskiy
Korter Real Estate Consultant
Korter consultant

Layouts and prices for The Parallel

Prices and availability are up to date as of 16 აპრილის 2025
Studios
32.1–32.4 m2
from ‍4 021 ₾ per m2from ‍130 288 ₾
2-room
46.1–54.5 m2
from ‍3 540 ₾ per m2from ‍170 866 ₾
3-room
77.6–82.7 m2
from ‍3 793 ₾ per m2from ‍294 371 ₾
4-room
180.7 m2
from ‍2 744 ₾ per m2from ‍495 999 ₾
View 10 resale apartments

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 ‍130 288 ₾
Tbel Abuseridze St, 23
Block B
35 floors
Under construction
Completion in Q4 2027
60 apartments for sale
from ‍130 288 ₾

Construction progress The Parallel

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

The latest update — აპრილი 2025

Construction progress The Parallel - Spot 1, აპრილი 2025
Spot 1
მაისი 2024აპრილი 2025
Construction progress The Parallel - Spot 2, აპრილი 2025
Spot 2
მაისი 2024აპრილი 2025
Construction progress The Parallel - Spot 3, აპრილი 2025
Spot 3
მაისი 2024აპრილი 2025
Construction progress The Parallel - Spot 4, აპრილი 2025
Spot 4
მაისი 2024აპრილი 2025

Installment in The Parallel

20%
down
payment
up to 2 years 10 month
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
Studio
2
3
4+
GEL
USD
You borrow ‍145 236 ₾ from the bank
years
months
Mortgage from TBC Bank
from
12,9
%
annual interest rate linked to a public
index
from
15,02
%
effective interested rate that linked to a public
index
12 965
payment for
month
181 210
total for real
estate

Project characteristics

О доме

🟧 Number of buildings2
🟧 Number of floors35
🟧 Construction technologymonolithic-frame
🟧 Cadastral number05.24.08.116, 05.24.08.112
🟧 Distance to the seaside500m
🟧 Elevatoryes
🟧 Parkingunderground parking
🟧 Security & Safety24/7 CCTV, concierge

About the units

🟧 Apartment renovationblack frame
🟧 Apartments area32.5–184.3 m2
🟧 Number of apartments270 (block A), 204 (block B)
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Information about the project

The Parallel is a modern high-rise development in Batumi that brings together sleek European design, advanced construction technologies, and a prime location near the Black Sea.

Advantages

  • excellent central location;
  • just 500 meters from the beach;
  • stylish, contemporary apartments;
  • spectacular views of the sea, mountains, and stadium;
  • smart and spacious layouts;
  • rich surrounding infrastructure;
  • distinctive modern architecture;
  • high-performance building materials;
  • superior sound insulation;
  • underground parking;
  • 24/7 security & concierge service;
  • central utility connections;
  • landscaped courtyard with walking paths;
  • multi-level outdoor lighting;
  • only 7–11 units per floor;
  • 14 luxury penthouses;
  • high ceilings & oversized windows;
  • strong investment potential;
  • mortgage and installment plans available;
  • developed by a proven, experienced builder.

Prime location

The Parallel is located at 19–23 Tbel Abuseridze Street, right in the heart of Batumi. This vibrant area is home to popular attractions like Heroes’ Alley, the Dancing Fountains, and the House of Justice.

Just a 9-minute walk from the beach and coastal entertainment, residents can enjoy the sea breeze, stunning sunsets, and the lively waterfront atmosphere anytime. Apartments offer breathtaking panoramic views of the Black Sea, Adjara Bet Arena Stadium, and the surrounding mountains — perfect for relaxing or entertaining with a view. Whether you’re looking for a permanent residence, a vacation home, or a rental investment, this location is ideal.

Transport accessibility

Public transportation is just steps away — 90 meters from the complex — offering quick connections to all parts of Batumi. Buses and minibuses run frequently (every 3 minutes on average) along Tbel Abuseridze Street.

Despite being close to the city center, the neighborhood remains peaceful, while still offering easy access to:

  • Batumi International Airport – 10 minutes by car;
  • historic Old Town – 10 minutes by car;
  • Europe Square – 12–15 minutes by car.

This unbeatable connectivity makes life here convenient, whether for work, travel, or leisure.

What's nearby

The area surrounding The Parallel is full of everyday essentials and lifestyle perks:

  • reputable schools like School Progress and Vakhushti Bagrationi are within 2 km
  • nearby clinics include the Central Republican Hospital and David Tatishvili Medical Center
  • supermarkets like Carrefour, Yalcin Market, Willmart, and Magniti Max, plus electronics and fashion stores
  • a wide variety of Georgian, Turkish, and European restaurants, cafés, bakeries, bars, and nightlife
  • Batumi Stadium, waterpark, CrossFit centers, Olympia Fitness Club, boxing studios, and public parks
  • post offices, banks, gas stations, and car dealerships all close by
  • nearby accommodations make hosting family or guests easy

Technical features of the project

The Parallel represents modern European architecture at its finest — an elegant fusion of style and function. The development consists of two 35-story residential towers rising above the Black Sea coastline.

Built using reinforced monolithic-frame technology, the structures offer exceptional strength and long-term durability. Brick is used for the exterior walls, enhancing both thermal efficiency and sound insulation. These materials ensure cool interiors in summer and a peaceful, quiet living environment year-round.

But what truly sets these buildings apart is their design focus on expansive glazing. Floor-to-ceiling panoramic windows and large open balconies with tempered glass railings create stunning views and a premium visual experience. Every architectural detail emphasizes the project's refined character and upscale status.

Lobbies and shared spaces are designed in line with contemporary design trends. High-quality materials and carefully chosen finishes create a welcoming and sophisticated atmosphere for residents and their guests.

Each building features three high-capacity elevators from globally recognized brands — ideal for comfortably transporting strollers, luggage, or bulky items. The complex is also equipped with modern fire safety systems and advanced building infrastructure.

The property is designed with inclusivity in mind, offering full accessibility for residents with limited mobility — from entrances to interior spaces.

Landscaping

Resident safety is a core priority at The Parallel. A 24/7 video surveillance system ensures constant monitoring of the complex and its surroundings. Concierge services are also available to assist residents.

Outdoor areas will be thoughtfully landscaped to create a relaxing, nature-inspired setting. Walking paths, seating areas, and green zones offer the perfect place to unwind.

An underground parking garage eliminates parking stress and ensures secure storage for residents’ vehicles.

Modern street lighting throughout the grounds ensures visibility and comfort even at night, while lush lawns, trees, and decorative shrubs add natural beauty and charm to the environment.

Property sales

Apartments at The Parallel are offered in black frame condition, allowing buyers the freedom to design their interiors to match their own style and preferences. Included in the purchase price are high-quality entry doors with secure locks, full central utility connections, and tiled balcony finishes.

The complex offers a wide range of unit sizes — from 32 to 184 square meters—across 270 apartments in Block A and 204 in Block B. Whether you're looking for a studio, a one-, two-, or three-bedroom unit, there's a layout to suit every lifestyle. Each block also features 7 exclusive penthouses. Apartments are equipped with panoramic metal-plastic windows featuring double glazing for outstanding sound and thermal insulation. Enlarged window openings ensure that every room is filled with natural light.

Buyers can purchase with 100% upfront payment, take out a mortgage through TBC Bank, or choose a convenient installment plan with a down payment starting at just 15%. Payment options are detailed on the official project website. Additional information is available from the sales consultants at the on-site office.

The Parallel offers everything needed for modern, comfortable living in a resort city. Built to the highest standards, the project delivers a premium lifestyle experience that’s truly worth exploring.

About the developer

Metropol is one of Georgia’s leading real estate developers, focused on creating large-scale, multifunctional investment projects with their own built-in infrastructure. With years of experience and a commitment to excellence, Metropol has successfully delivered a number of landmark developments. Each project is defined by superior quality, innovative design, and attention to detail — offering not just a place to live, but an ideal environment for life and investment.

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Which apartments are available for sale in The Parallel in Batumi?

For sale are studios, 2-room, 3-room, 4-room.

How much does a m² cost in The Parallel?

The price per m² in this complex starts from ‍2 744 ₾.

How to buy an apartment in The Parallel in Batumi?

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

When will The Parallel be commissioned?

Block A, Block B – completion in Q4 2027.