1-bedroom apartment, 53.6 m², 12 floor in "Modern Residence"

Batumi, Bagrationi, 55 Vazha-Pshavela str.
{{roomApartmentOrStudio}}, 53.6 m², 12 floor, Modern Residence in Batumi

About apartment

  • Article

    13,534,792
  • Numeration

    76
  • Floor

    12
  • Roominess

    1-room
  • Price

    $75,040
  • Price / m²

    $1,400
  • Total area

    53.6 m²

About project

Modern Residence

55 Vazha-Pshavela str.
55 Vazha-Pshavela str.

22 apt.

22 apartments in
  • Studios

    $118,800
  • 1-room apartments

    $69,680
  • 2-room apartments

    $151,590
  • 3-room apartments

    $170,190
  • Cost per m²

    $900
  • Floors

    16
  • Technology

    monolith
  • Completion of construction

    November 1, 2024
  • Distance to the sea

    1200 m
  • District

    Bagrationi

Description

This residential property is part of the Modern Residence premium project, designed specifically for a demanding audience that values privacy and European construction standards. The development fundamentally differs from typical apart-hotels by offering a closed, chamber format limited to 150 apartments with a professional management company. Residents benefit from a two-level underground parking facility, which is a rare and highly valuable asset in the narrow streets of the city center. Additionally, the building features elegant lobbies with concierge service, silent Kleemann passenger elevators, and exploitable panoramic terraces on the roof, creating a self-sufficient residential ecosystem.

An apartment measuring 53.6 m² provides a versatile living environment suitable for comfortable long-term relocation. This intermediate format effectively separates the sleeping quarters from the active living zones. Considering the project’s quiet setting away from the coastal noise, such a layout easily accommodates the needs of couples or professionals working remotely.

The exclusive positioning on the 12 floor grants residents the most convenient access to the exploitable panoramic terraces located on the building’s roof. This strategic advantage effectively expands the personal living area into a premium recreational zone. The top-tier location underscores the status of the real estate, functioning as a true urban sanctuary.

Evaluating the cost at $75,040 for a residence on the 12 floor highlights the objective capitalization potential of the property. The current stage of development provides a solid margin for value appreciation prior to the official commissioning. Consequently, the transaction serves as a reliable method to preserve funds while acquiring a superior residential product.

Modern Residence stands out as a reliable asset characterized by a chamber atmosphere and energy-efficient operational solutions. The property caters precisely to audiences prioritizing personal privacy and established neighborhood services. Additional information regarding the management concept can be obtained through an expert consultation.

Map

Installment without price increase
Down payment, $Monthly payment:Duration, month
30% - $22,512$2,189up to 36 months

Price dynamics

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Why exactly in Batumi?
  1. Prices for any budget. A studio by the sea can cost as little as €15–20 thousand, and a spacious apartment with a sea view — €40–50 thousand.
  2. Convenient purchase conditions. Developers offer installments and favorable prices at the construction stage. This is an opportunity to save money and choose a convenient payment schedule.
  3. Investment benefit. Batumi receives hundreds of thousands of tourists annually. Apartments by the sea are in high demand and bring a stable rental income.
How to choose an apartment?
  1. First, define your goal — for living, renting, or investment.
    For living, quiet areas with infrastructure are suitable; for renting — closer to the sea and the boulevard.
  2. Check the developer and documents, and clarify the installment terms.
  3. Compare options by location, view, condition, and budget, and, if possible, inspect the apartment in person before purchasing.
How much does an apartment in Batumi cost?

Apartment prices in Batumi highly depend on the area, view, and condition of the property. On average:

In the economy segment (more remote areas, no sea view) — approximately $900 – 1,200 per m².
In popular areas near the sea or in new buildings — about $1,500 – 2,000 per m².
In premium properties with a sea view, high level of service, and design — can be $2,500+ per m².

Why do clients choose us?
  • We are an aggregator of new developments in Batumi: all developers in one place.
  • We compare prices, installment plans, and terms — quickly and honestly.
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