Intourist Residence in Batumi

2 buildings, completion 2023
Batumi, Khimshiashvili, Pirosmani str., 17
Intourist Residence
Project parameters
Studios : $ 75200
2-room apartments : $ 90000
3-room apartments : $ 112530
Cost per m² : $ 1550
Apartments : from 33.5 to 83.5 m²
Floors : 37
Completion of construction : October 1, 2027
Distance to the sea : 200 m
District : Khimshiashvili
From the developer
Map
Installment without price increase
Down payment, $Monthly payment:Duration, month
30% - $22 560$1 053up to 50 months
Price dynamics
Description

Intourist Residence in Batumi is chosen by buyers seeking liquid business-class real estate in the city's tourist center. The complex of two 37-story buildings solves the task for investors and those planning permanent residence, thanks to the combination of a premium location, developed infrastructure, and the format of apartments with hotel management.

About the Residential Complex

Intourist Residence is positioned as a multifunctional business-class complex, which distinguishes it from mass new buildings in Batumi. The project includes two monolithic-frame buildings 37 stories high, providing panoramic views of the sea and the city. The presence of a five-star hotel of an international brand within the complex structure forms additional rental demand and increases the liquidity of the apartments.

The completion date of the facility is October 1, 2027. The current stage of implementation allows buyers to enter the project at the construction stage with price fixation, which is traditionally considered a profitable investment horizon for new buildings of this class.

Apartments are transferred in a black frame condition with erected partitions, installed entrance doors, and panoramic glazing. Communications are brought to the apartment, which gives flexibility in choosing finishes for personal tasks or rental format.

Location and Area Advantages

The complex is located in the Khimshiashvili district at 17 Pirosmani Street. This is a dynamically developing part of the New Boulevard, where the concentration of tourist infrastructure creates stable rental demand. The distance to the sea is 200 meters, which refers to the first coastline and is a scarce offering on the Batumi market.

Carrefour and Goodwill hypermarkets, the House of Justice, restaurants, and cafes are within walking distance. The UEFA-standard football stadium is about 400 meters away. Old Batumi is 1.5 kilometers away, and the international airport is 4.5 kilometers from the complex.

The Khimshiashvili district is considered one of the most liquid for investment due to the year-round tourist flow and developed social infrastructure. Compared to remote areas of the city, a more stable rental demand is formed here both in high and low seasons.

Complex Infrastructure

  • Swimming pool
  • SPA zone
  • Fitness center
  • Parking
  • 24-hour security
  • Video surveillance
  • Management company
  • Commercial premises on the first floors
  • Children's playgrounds
  • Five-star hotel within the complex structure

The presence of full-fledged infrastructure within the complex reduces dependence on the urban environment and increases attractiveness for long-term tenants.

Layouts and Prices

The range of apartment areas is from 33.5 to 83.5 square meters. Studios from $75,200, two-room apartments from $90,000, and three-room apartments from $112,530 are on sale. The average cost per square meter in the complex is $2,099.

The most liquid formats for rent are considered to be studios and two-room apartments with an area of 35–50 square meters. Such layouts are in demand among tourists and expats, which ensures higher occupancy throughout the year.

Installment plan without markup is available: first payment 30%, monthly payment calculated for 50 months. Payment terms should be clarified with the manager.

Investment Attractiveness

Rental demand in the area is formed due to tourist flow and business activity. The main tenants are tourists in the summer season and expats in the autumn-spring period. The presence of hotel infrastructure in the complex allows connecting apartments to the rental management system, which reduces the burden on the owner.

The investment horizon for a project of this class is logically considered from 5 years. During this period, the district continues to develop, infrastructure is densified, and the cost of real estate on the first coastline demonstrates resistance to market fluctuations.

The ownership format allows purchase by foreigners without restrictions. The legal purity of the transaction is ensured by the presence of all permits from the developer.

Residential Complex Advantages

  • First coastline, 200 meters to the sea
  • Two 37-story buildings with panoramic views
  • Five-star hotel within the complex structure
  • Monolithic-frame construction technology
  • Developed internal infrastructure
  • Installment plan without markup for 50 months
  • Liquid location in the Khimshiashvili district

Who This Complex is Suitable For

For investors — the apartment format with hotel management and high density of tourist flow create conditions for passive income.

For living — business class, developed area infrastructure, and proximity to social facilities ensure comfort for year-round residence.

For relocation — location in the center of Batumi, transport accessibility, and availability of international services simplify adaptation.

For passive income — the ability to connect to the rental system through hotel infrastructure reduces the owner's operating costs.

Intourist Residence is suitable for buyers looking for real estate in the tourist center of Batumi with rental potential and value growth. The project is chosen due to the first coastline location, business-class format, and presence of hotel infrastructure, which distinguishes it from mass new buildings in the city. For investors, a 5-year investment horizon is logical; for residence, the complex meets the needs for comfort and transport accessibility.

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