-
Recent Establishment and Mission: Metropol was founded in 2022 with a clear mission to provide original and solid real estate solutions, reflecting its modern and ambitious approach to development
-
Collaborations with International Brands: Metropol collaborates with internationally famous brands, for example French hospitality brand Louvre Hotels Group. This partnership enhances the quality and appeal of their projects
-
Innovative and Modern Projects: Metropol is known for its innovative and modern projects, such as the CUBE and OVAL developments in Batumi, which demonstrate a commitment to contemporary design and high construction standards
-
Active Project Portfolio: The company has a robust and expanding portfolio, including four ongoing and four upcoming projects, showing its dynamic growth and active presence in the real estate market
-
Reputation for Quality: Metropol has quickly established a reputation for creating high-quality real estate projects in Georgia
Developer Metropol in Batumi
About the developer
- CubePirosmani street, 21from $1,788 per m²
- Studios from 50m²from $99,180
- 1-room apartments from 58m²from $109,250
ЖК Cube in Batumi — a 42-story premium-format complex by developer Metropol, combining a prestigious location in the Khimshiashvili district, management under the Royal Tulip brand, and developed resort infrastructure. The project is chosen for investments in rental business and for acquiring housing with 5-star service level: proximity to the Alley of Heroes, panoramic views, and partnership with the international hotel group Louvre Hotels create sustained demand from tourists and long-term tenants. The complex addresses the task of purchasing liquid real estate in one of the city’s most dynamic districts, where the concentration of new hotels and residential high-rises creates an environment with high foot traffic and developed infrastructure. Concept Cube is positioned as a mixed-use project, combining residential apartments with hotel operational services. The concept is built around integrating residences into the ecosystem of a 5-star Royal Tulip hotel, providing owners with access to professional management and international-level service standards. Property Class The complex belongs to the premium segment due to its location in the prestigious Khimshiashvili district, the building’s height of 42 floors, technological solutions, and partnership with Louvre Hotels Group. The apartment format with hotel service distinguishes the project from most new buildings in Batumi, which are focused exclusively on independent living. Architecture The building is designed in a modern architectural style with an emphasis on geometric expressiveness of the facade. Monolithic frame construction technology ensures structural reliability and durability, meeting requirements for high-rise buildings in a seismically active zone. Property Format The complex offers studios and 1-bedroom apartments ranging from 50.1 to 57.5 m². The area range is optimized for short-term and mid-term rental tasks: compact layouts with efficient ergonomics are in demand among tourists and business travelers, who constitute the main share of rental demand in Batumi. Completion Date Construction completion is scheduled for December 2027. The project is in an active implementation phase, allowing buyers to lock in prices during construction and distribute payments under an installment plan. Project Features Cube’s unique distinction is its integration with the Royal Tulip hotel brand and its location in immediate proximity to the Alley of Heroes, one of the city’s key tourist arteries. Developer Metropol is implementing several flagship projects in Batumi, including the Oval residential complex, confirming the company’s experience in creating premium-segment objects. The scale of the complex and partnership with an international operator enhance the project’s investment profile in the market. Where It Is Located The complex is located at 21 Pirosmani Street, in the Khimshiashvili district. The distance to the sea is 300 meters, ensuring walking access to the embankment and beach area. Proximity to Key Objects The location adjoins the Alley of Heroes — a central pedestrian zone with restaurants, cafes, and entertainment venues. The district is characterized by a high concentration of hotels and residential complexes, creating stable tourist and business activity year-round. Tourist and Business Zone Khimshiashvili is considered Batumi’s investment center: it concentrates new high-rise projects, international hotel chains, and infrastructure facilities. The district attracts both tourists and real estate buyers thanks to developed transport accessibility, proximity to the sea, and status as a prestigious location. Rental demand in this area is supported by a continuous flow of city guests and limited supply of quality properties with professional management. Open-air pool for residents Modern fitness center High-speed elevators 24/7 security and video surveillance Management company with hotel service Commercial premises on ground floors Underground parking Studios from 50.1 m² are available from $99,180, and 1-bedroom apartments from 57.5 m² from $109,250. Price per square meter starts from $1,788. The area range is oriented toward efficient space utilization: such formats demonstrate high liquidity upon resale and stable rental demand thanks to an optimal ratio of area to functionality. The developer offers an interest-free installment plan for 36 months with an initial payment from 20%. Payment terms and available financing options should be clarified with project managers. Cube forms its investment logic through a combination of location in the city’s tourist core, a hotel operator, and an apartment format adapted for rental. Rental demand is ensured by Batumi’s tourist flow, which concentrates in the Khimshiashvili district and the Alley of Heroes. The main tenants are tourists choosing accommodation with hotel service, as well as business travelers who value proximity to infrastructure and the embankment. A logical investment horizon for the project corresponds to a medium-term perspective: after commissioning, the object gains advantage from management under the Royal Tulip brand, which enhances guest appeal and supports occupancy. The current construction status is an active phase, with completion scheduled for 2027. The ownership format provides standard purchase conditions for residents and foreign investors. Real estate in Georgia is available for purchase by citizens of other countries without restrictions, expanding the pool of potential buyers. The growth in property value is justified by construction completion, launch of hotel services, and strengthening of the Khimshiashvili district’s position as a center for new development. Liquidity is supported by a shortage of offerings with an international hotel brand and stable interest in rentals within walking distance of the sea. Location 300 meters from the sea and within walking distance of the Alley of Heroes Management under the Royal Tulip brand and partnership with Louvre Hotels Group 42 floors with panoramic views of the city and coastline Interest-free installment plan for 36 months Infrastructure: pool, fitness, security, parking Developer Metropol with a portfolio of implemented projects in Batumi Apartment format adapted for rental business For Investors — an object with a hotel operator and location in the city’s tourist center, oriented toward generating income from short-term rentals. For Living — modern housing with service, infrastructure, and proximity to the sea for those who value comfort and a prestigious environment. For Relocation — an option for relocating to Batumi with the ability to use management company services and developed urban infrastructure. For Passive Income — apartments under hotel management that minimize the owner’s involvement in operational matters. The Cube residential complex in Batumi is suitable for buyers seeking real estate with hotel service in a prestigious seaside district: the project combines a location in Khimshiashvili, management under the Royal Tulip brand, and premium-level infrastructure, making it in demand both for rental investments and for personal living with high comfort. To receive current layouts, cost calculations, and consultation on purchase terms, please submit a request — a specialist will prepare a selection of options and answer all questions.
Copied! - OvalAvenue Zhuli Shartava, 9from $1,400 per m²
- Studios from 42m²from $59,360
- 1-room apartments from 62m²from $100,800
JSC Oval Batumi is an investment-oriented project in the developing Khimshiashvili district, which addresses the buyer’s needs through a combination of affordable entry, a reliable developer, and a location with growing demand. The complex is chosen by those seeking liquid real estate for rental or long-term ownership without overpaying for premium first-line properties. The project is positioned as a quality mid-segment product with elements of investment appeal. The architectural solution is a 34-story monolithic tower with well-thought-out space ergonomics. The property format includes studios and one-bedroom apartments, which aligns with the logic of Batumi’s tourism and rental market. Completion date — 2027, allowing entry into the project at an early stage of implementation. The developer Metropol has established itself over time as a stable partner focused on quality and transaction transparency. Oval’s unique distinction is the balance between price accessibility and infrastructure saturation: the project offers a format in demand both for personal residence and for rental, while maintaining a reasonable price point relative to analogues in the coastal zone. The complex is located at 9 Zhiuli Shartava Avenue, in the Khimshiashvili district — one of Batumi’s most dynamic areas. The distance to the sea is 685 meters, ensuring walking access to the beach without the noise and heightened tourist pressure of the first line. The district is characterized by developed infrastructure: shopping centers, restaurants, public transport stops, the House of Justice, and the Erdogani Lake zone with singing fountains are located nearby. The reasons for demand in this location are explained by the combination of business activity and tourist flow: Khimshiashvili attracts both temporary renters and residents seeking a balance between comfort and transport accessibility. Growth prospects for property values here are driven by continued infrastructure development and a shortage of quality offerings in this price range. Swimming pool Fitness center 24/7 security Elevator service Property management company Commercial premises on the ground floors This set of amenities meets the basic needs of residents and increases the property’s appeal to tenants, which directly affects apartment liquidity. The project offers studios from 42.4 m² at prices from $59,360 and one-bedroom apartments from 62.1 m² at prices from $100,800. The total area range is from 42.4 to 72.9 m². The average cost per square meter in the complex is $1,400, which is below Batumi’s market average and creates an entry point for investors. The most liquid formats in this segment are traditionally compact studios and one-bedroom apartments: they find tenants faster and require less investment in preparation for rental. Installment payment terms are available with a 20% down payment and a term of up to 36 months without price increases. The project generates rental demand due to its location in a tourist-active district and apartment formats in demand among temporary residents and expats. The primary tenant profile includes tourists during the high season, as well as specialists working in Batumi on a medium-term basis. The investment horizon is logically planned from the time of purchase until the building’s completion in 2027 and the subsequent 2–3 years of operation. Current status — active construction phase, allowing price fixation at an early stage. Ownership format — freehold, purchase available for foreign citizens. Property value growth is ensured by construction completion, district development, and the general trend of increasing prices in Batumi’s affordable new-build segment. Liquidity is supported by the versatility of layouts and competitive price per square meter. Affordable entry price relative to analogues in the coastal zone Reliable developer with completed projects and a solid reputation Location in a developing district with ready infrastructure Apartment format oriented toward rental demand Installment plan without price increases for flexible budget planning Complex infrastructure: pool and fitness to enhance rental appeal Monolithic construction technology as a guarantee of durability Investors — for generating passive income through short-term and medium-term rentals. For living — for those seeking modern housing in a district with developed infrastructure and transport accessibility. For relocation — thanks to a clear legal purchase procedure and support from the property management company. For passive income — due to high tourist traffic and a shortage of quality budget offerings in the location. Concluding the review, we can formulate the final conclusion: JSC Oval in Batumi is chosen for its combination of affordable pricing, a reliable developer, and a location with growing demand, making the project an optimal solution for rental investments or acquiring housing for personal use without overpaying for premium first-line properties. For layout selection and obtaining up-to-date information on apartment availability, consultation is recommended.
Copied!
