3-bedroom apartment, 103.2 m², 16 floor in "Modern Residence"

Batumi, Bagrationi, 55 Vazha-Pshavela str.
{{roomApartmentOrStudio}}, 103.2 m², 16 floor, Modern Residence in Batumi

About apartment

  • Article

    13,534,803
  • Numeration

    100
  • Floor

    16
  • Roominess

    3-room
  • Price

    $247,680
  • Price / m²

    $2,400
  • Total area

    103.2 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

The real estate within the Modern Residence project exemplifies a rare combination of historical city charm and cutting-edge construction technologies. Due to its strategic placement in Old Batumi, the complex avoids the common issue of resort high-rise overpopulation, maintaining a peaceful atmosphere for its residents. The presence of commercial premises on the ground floors ensures immediate access to daily services without leaving the territory. Moreover, the project’s adherence to stringent seismic safety standards and the integration of a reliable backup power supply system demonstrate a profound commitment to long-term structural integrity and uninterrupted resident comfort throughout the year.

The impressive footprint of 103.2 m² represents a rare commodity in the densely built district of Old Batumi. This exclusive size category is designed for connoisseurs of spatial freedom who prefer European construction standards. Acquiring such a substantial property in a location with an acute land shortage serves as a powerful instrument for preserving and multiplying capital.

The commanding height of the 16 floor unlocks expansive panoramic views that significantly elevate the property’s emotional and aesthetic value. Observing the cityscape from such an altitude transforms the atmospheric perception of the living space. These high-level apartments fully capitalize on the sophisticated facade design and large-scale window installations.

For an apartment measuring 103.2 m², the established cost of $247,680 represents a calculated investment in a highly demanded market segment. The optimized layout ensures that buyers do not pay for useless corridors, maximizing the functional return on investment. This precise financial ratio is particularly attractive for generating passive income from solvent expats.

The deliberate positioning away from the noisy tourist clusters ensures a consistently high quality of life throughout all seasons. The availability of underground parking and dedicated concierge support further reinforces the exclusive status of the complex. Comprehensive details regarding the project can be explored during an initial consultation.

Map

Installment without price increase
Down payment, $Monthly payment:Duration, month
30% - $74,304$7,224up to 36 months

Price dynamics

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Old City
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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