Developer

Developer Arcon in Batumi

Website
Complexes
1
Apartments
11
Year of foundation
2010
address
6 University Street, Tbilisi
phone+995599274727Emailinfo@arcon.ge

About the developer

Arcon Development, a prominent construction company in Georgia, was established in 2010. The company has since made significant strides in the real estate market, particularly in Tbilisi and Batumi. Over the past 14 years, Arcon has successfully completed around ten development projects in key districts of Tbilisi, showcasing its dedication to quality and innovation in construction.

Arcon’s projects typically involve the construction of monolithic reinforced concrete frames, which underline the company’s commitment to durable and high-quality construction standards. One notable project is the Varketili development in Tbilisi, completed between 2015 and 2016 for Andria Development LTD

Arcon’s portfolio includes a diverse range of projects, reflecting its versatility and capability to handle different types of construction needs. The company’s growth and expansion are evidenced by its increasing number of projects and its significant impact on the Georgian real estate market.

Projects from Arcon
  • Arcon Batumi Residence

    Tbel Abuseridze street, 21
    from $1,900 per m²

    Purchasing an apartment in Arcon Batumi Residence addresses the goal of acquiring liquid real estate in a developing district of Batumi, balancing accessible entry with growth potential. The project stands out from other new buildings in the city through its aparthotel format with well-planned infrastructure and location in Khimshiashvili — a district where demand is driven by tourist flow and proximity to the city center. Why this property is in demand: the combination of pricing below Batumi’s market average, readiness for handover in 2025, and a flexible range of layouts makes it a practical choice for investment or personal use. Arcon Batumi Residence is positioned as a multifunctional aparthotel complex of investment class. The project concept focuses on creating a comfortable environment for temporary and permanent living with elements of hotel-style service. The building architecture features modern high-rise construction across 25 floors, utilizing quality materials and energy-efficient solutions. The real estate format includes studios, one-, two-, and three-room apartments ranging from 24.2 to 79.2 m². The handover date for the first building is 2025, corresponding to the active implementation phase of the project. Developer Arcon has been operating in the Georgian market since 2010, specializing in multifunctional projects in Tbilisi and Batumi. The company’s reputation is built on meeting deadlines and quality execution, reducing buyer risks during the construction phase. The project’s unique distinction lies in combining an accessible price entry point with a location in the Khimshiashvili district, where there remains a shortage of offerings with ready infrastructure and transport accessibility. The complex is located at 21 Tbel Abuseridze Street, in the Khimshiashvili district — one of the most dynamically developing areas of Batumi. The distance to the sea is 713 meters, ensuring walking access to the beach without the noise of the first line. Proximity to the city center and airport generates stable demand from tourists and business travelers. The district features growing infrastructure: supermarkets, cafes, pharmacies, and public transport stops are located nearby. Reasons for demand in this location include a combination of tourist appeal and convenience for permanent residence. Due to the district’s development and limited availability of new land plots for construction, properties in Khimshiashvili demonstrate stable liquidity compared to other new buildings in Batumi. Swimming pool and leisure area Fitness center 24/7 security and video surveillance Underground and guest parking Management company with maintenance service Commercial premises on the ground floors Landscaped adjacent territory Area range: from 24.2 m² (studios) to 79.2 m² (three-room apartments). Starting prices: studio — from $46,170, two-room — from $84,550, three-room — from $150,480. Price per square meter — from $1,900. Studios and two-room formats are considered the most liquid for rental and resale: they are in demand among tourists and expats due to the optimal balance of space and budget. Payment terms: please inquire with the manager. Rental demand in Batumi is driven by year-round tourist flow and business activity. Primary tenants include tourists, remote professionals, and employees of international companies. The logical investment horizon for this project is 3–5 years: by the time the district reaches full capacity and construction is completed, property values may adjust upward. Current status: active construction phase, handover of the first building in 2025. Ownership format: freehold, purchase available for foreign citizens without additional restrictions. Why the property may appreciate in value: shortage of ready apartments in a location with infrastructure, developer reputation, and the overall growth trend of Batumi’s real estate market. Location in the developing Khimshiashvili district with walking access to the sea and city center Price per m² below Batumi’s market average with comparable quality Readiness for handover in 2025 — reduced waiting period for income generation Layout range suited to different budgets and objectives Complex infrastructure reducing property management costs Experienced developer with a proven project portfolio Aparthotel format optimized for rental operations For investors — to generate passive income from short-term rentals during the tourist season. For living — for those seeking modern housing with services within walking distance of the sea. For relocation — thanks to a flexible range of areas and ready infrastructure. For passive income — due to high rental demand in the district and professional property management. Arcon Batumi Residence is a practical solution for those seeking liquid real estate in Batumi with a balance of price, location, and handover timeline. The project addresses goals of investment, rental, or personal residence through its aparthotel format, developer reputation, and district prospects. If your objective is to acquire apartments with clear demand logic and minimal risks during the construction phase, this property deserves detailed consideration. To select a layout and receive up-to-date information, please submit a consultation request.

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Projects on map
Offers from Arcon
2-room, 49.8 m²
Tbel Abuseridze street, 21
24 of 25
2-room, 49.8 m²

$99,600

from $2,000

2-room, 49.6 m²
Tbel Abuseridze street, 21
24 of 25
2-room, 49.6 m²

$99,200

from $2,000

2-room, 44.5 m²
Tbel Abuseridze street, 21
22 of 25
2-room, 44.5 m²

$84,550

from $1,900

3-room, 79.2 m²
Tbel Abuseridze street, 21
23 of 25
3-room, 79.2 m²

$150,480

from $1,900

2-room, 44.5 m²
Tbel Abuseridze street, 21
24 of 25
2-room, 44.5 m²

$89,000

from $2,000

Studio, 24.3 m²
Tbel Abuseridze street, 21
23 of 25
Studio, 24.3 m²

$46,170

from $1,900

Studio, 24.3 m²
Tbel Abuseridze street, 21
24 of 25
Studio, 24.3 m²

$48,600

from $2,000

Studio, 44.8 m²
Tbel Abuseridze street, 21
24 of 25
Studio, 44.8 m²

$89,600

from $2,000

Studio, 24.2 m²
Tbel Abuseridze street, 21
24 of 25
Studio, 24.2 m²

$48,400

from $2,000

2-room, 49.7 m²
Tbel Abuseridze street, 21
24 of 25
2-room, 49.7 m²

$99,400

from $2,000

2-room, 47.4 m²
Tbel Abuseridze street, 21
24 of 25
2-room, 47.4 m²

$94,800

from $2,000

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