Phirosmani Residence in Batumi is chosen by buyers who need a premium property near the sea that is suitable for living, renting out, and preserving capital over the long term. The project differs from typical standalone developments through its two high rise towers, multifunctional concept, and private infrastructure. Its investment logic is based on the combination of an urban environment and walking distance to the coast.
About the residential complex
Phirosmani Residence is a premium complex developed by My House. The concept combines residential apartments, commercial premises, and recreational spaces, allowing the main services to be concentrated within the project.
The architecture consists of two buildings, A and B, with up to 40 floors. Contemporary facades, panoramic glazing, and a vertical composition are designed to provide views of the city, sea, and mountains. The project offers studios, apartments with a separate bedroom, and more spacious options for permanent residence.
Completion is scheduled for 2029. The project is currently under development, and sales are open. My House has operated in Adjara since 2007 and reports twelve completed projects in Batumi.
Within the city market, the complex is positioned as a premium multifunctional property. Its distinction is not a beachfront location, but a balanced setting where proximity to the sea is combined with urban infrastructure and less congestion than directly along the waterfront.
Location and advantages of the area
The complex is being built at 13 Niko Pirosmani Street, in the Khimshiashvili district. The sea is approximately 400 metres away, making the beach and Batumi Boulevard accessible on foot. Shopping and business centres, restaurants, cafes, shops, recreational areas, and public transport are located nearby.
The area is connected both to the tourist part of the city and to its everyday urban environment. Holidaymakers generate demand for short term rentals, while expatriates, remote professionals, couples, and families support longer term rentals.
The number of available plots near the coast is decreasing. As a result, liquidity in this area depends not only on distance from the beach, but also on building quality, services, parking, layouts, and view characteristics.
Infrastructure of the complex
- Indoor swimming pool and SPA area.
- Fitness centre.
- Underground parking.
- Round the clock lobby and reception.
- Security and video surveillance.
- Restaurant, commercial premises, and conference spaces.
- A separate rental management programme has not been publicly announced.
Layouts and prices
Apartment sizes range from approximately 29.35 to 90.85 square metres. The project offers studios, units with a separate bedroom, and larger layouts. The price per square metre starts from {{price-m2-min}}, while the final price depends on the building, floor, area, and view orientation.
Studios and compact one bedroom apartments are generally the most liquid formats for tourist rentals. Larger apartments are more suitable for personal residence, relocation, or long term rental. An internal instalment plan of up to 36 months is available. Other payment terms should be confirmed separately.
Investment attractiveness
Rental demand is supported by proximity to the sea, the developed neighbourhood, and the services available within the complex. The main potential tenants are tourists, couples, business travellers, and remote professionals.
Potential value growth is linked to the transition from construction to a completed property, the declining supply of development sites near the coast, and the launch of the announced infrastructure. For a purchase during construction, a medium or long term investment horizon is more logical, because the main value of the property becomes apparent after completion and the start of operation.
Foreign citizens may purchase flats and apartments in Georgia as private property. Before completing a transaction, buyers should verify the cadastral data, the designated use of the property, the agreement with the developer, and the registration of ownership rights. Restrictions relating to agricultural land generally do not apply to an urban apartment.
Advantages of the residential complex
- Approximately 400 metres from the sea and Batumi Boulevard.
- Two high rise buildings with panoramic views.
- Swimming pool, SPA, fitness centre, and commercial spaces.
- Underground parking, which is limited in Batumi’s dense urban development.
- A multifunctional concept suitable for both living and rental.
- A developer operating in Adjara since 2007.
- Layouts designed for different purchase scenarios.
Who this complex is suitable for
Investors may prefer compact formats intended for tourist and medium term rentals. For personal residence, the more spacious apartments, parking, security, and services of the complex are especially relevant. For relocation, the project benefits from its urban location and proximity to the sea. For passive income, the property has a clear potential rental audience, but management terms and operating expenses should be assessed before purchase.
Phirosmani Residence in Batumi is suitable for buyers who view real estate as a premium urban asset rather than only as seasonal accommodation. The project is a logical option for investment during construction followed by rental, as well as for living near the sea. Submit an enquiry to compare layouts, views, and floors and select an apartment that matches a specific goal.
