3-bedroom apartment, 109.8 m², 15 floor in "Modern Residence"

Batumi, Bagrationi, 55 Vazha-Pshavela str.
{{roomApartmentOrStudio}}, 109.8 m², 15 floor, Modern Residence in Batumi

About apartment

  • Article

    13,534,798
  • Numeration

    95
  • Floor

    15
  • Roominess

    3-room
  • Price

    $170,190
  • Price / m²

    $1,550
  • Total area

    109.8 m²

About project

Modern Residence

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

23 apt.

23 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

The residential space within Modern Residence is thoughtfully integrated into a complex that prioritizes resident well-being and long-term asset preservation. Unlike standard seaside properties, this development is tailored for those who require a quiet, secure, and highly functional urban retreat. The inclusion of exploitable roof terraces provides a private outdoor area with expansive views, while the underground parking resolves the persistent parking challenges typical of Old Batumi. The sophisticated integration of German Kleemann elevators and a robust fire safety system further highlights the premium nature of the buildings, ensuring a safe and exceptionally comfortable living environment for all occupants.

The expansive area of 109.8 m² transforms the apartment into a full-scale family residence within the historical city center. Such a generous footprint provides absolute freedom in zoning, allowing for multiple bedrooms and communal areas. This extensive format directly benefits from the building’s sound insulation, ensuring complete privacy for all family members.

The exclusive positioning on the 15 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 $170,190 for a residence on the 15 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.

By integrating high-end security systems, independent power generation, and a central location, the project forms a complete urban sanctuary. The proximity to the coastal promenade and key financial centers creates a highly balanced lifestyle. For a deeper understanding of the available options, requesting a professional review is advisable.

Map

Installment without price increase
Down payment, $Monthly payment:Duration, month
30% - $51,057$4,964up to 36 months

Price dynamics

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Rustaveli
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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