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The Parallel

Batumi, Khimshiashvili, Tbel Abuseridze St, 19-23

AI Investment Summary
61.1
Final score
61.1
100
Liquidity
100
Net yield
6.7%
Capital growth
66.7
ADR
USD 74
Occupancy
57%
Annual net rent
USD 11,586
Primary Strategy: Balanced

Overview

Key benefits: 500m to the sea. Two 35-storey towers. 14 penthouses available. Underground parking.

Location: 19-23 Tbel Abuseridze St, Batumi. Near Heroes Alley, Dancing Fountains, House of Justice, 10 min from airport.

Tech: Monolithic-frame. Brick exterior walls. Floor-to-ceiling panoramic windows. Open balconies with tempered glass railings.

Amenities: Landscaped courtyard, walking paths, multi-level outdoor lighting, underground parking, 24/7 security, concierge service.

Units: Studios, 1-3-bedroom apartments (32.5–184.3 m²). Black frame finish.

Purchase terms: Mortgage from TBC Bank. Installment plans from 15% down.

Project details

Area range· 32.5-184.3 m²

Finish options

black frame

Construction technology

monolithic-frame

Elevator

yes

Parking

underground

Security & Safety

24/7 CCTVconcierge
Layouts
Layouts are not published for this project yet.
Location

<p><strong>Cozy Residential Area by the Sea.</strong><br>Located between the Old Town and the New Boulevard. A calm, well-established neighborhood with a local vibe. Known for its open-air markets, budget family diners, and public schools.</p><ul><li><p><strong>Pros:</strong> Close to the sea, peaceful atmosphere, affordable produce at local markets, budget-friendly property prices.</p></li><li><p><strong>Cons:</strong> Mostly old housing stock and private houses, lacks glossy new developments, simpler infrastructure.</p></li><li><p>✅ <strong>Who it suits:</strong> Local residents and expats buying their first home in Georgia without overpaying, practical buyers who want to live near the sea but save on the "picture", families with school-aged children (schools and kindergartens nearby).</p></li></ul><p></p>

City
Batumi
District
Khimshiashvili
Address
Tbel Abuseridze St, 19-23
Metropol წარმოდგენილია HomeRadar-ზე ბათუმის პროექტებით, მათ შორის Oval, The Parallel და Cube. განსაკუთრებით შესამჩნევია Oval, რომელიც გამოირჩევა ლოკაციით, ლიკვიდურობით ან საინვესტიციო პოტენციალით. პორტფელი მყიდველს აძლევს არჩევანს ისეთ ლოკაციებში, როგორიცაა Аллея Героев. კონკრეტული ობიექტის არჩევისას ღირს ფასის, მშენებლობის ეტაპის, გეგმების, შეძენის პირობებისა და გაქირავების ან გადაყიდვის სცენარის შედარება.
25
Developer score
25
Established
2022
Projects
5 active · 0 completed

Request offer

The Parallel

Batumi, Khimshiashvili, Tbel Abuseridze St, 19-23

Price from
USD 52,000
Price per m²
USD 1,600 / m²

დაფინანსება

იპოთეკა

ბანკი

TBC Bank

პირობები

Mortgage available; down payment from 15%

დეველოპერის განვადება

პროვაიდერი

Metropol

პირობები

Installment available

DeveloperMetropol
DistrictKhimshiashvili
StatusUnder construction