Status House Batumi represents a completed premium-class residential project situated on the prestigious first line of the Old Boulevard. Unlike the majority of mass-market developments in the city, this 16-story building offers immediate readiness for residency or commercial exploitation. The architectural concept emphasizes panoramic glazing and high-quality facade finishing, which are essential for the local marine climate. Its strategic location on Sherif Khimshiashvili Street provides residents with direct access to the city’s historic center and major landmarks, including 6 May Park and the Dolphinarium. This project effectively addresses the primary investor concern regarding construction risks while securing a high-liquidity asset in an area with a finite supply of development plots.
Choosing a studio with an area of 33.03 m² represents a strategic entry into the high-liquidity real estate segment of the Old Boulevard. This size is optimal for solo travelers and business professionals who prefer premium hotel-level comfort in a private residential format. The limited number of small units on the first line ensures high demand and competitive rental rates throughout the tourist season.
The 11 floor offers a classic balance between elevated views and a comfortable distance from the city’s activity. At this height, the panoramic windows provide a wide perspective of the surrounding architecture and the greenery of the Old Boulevard. It is an optimal choice for residents seeking a quiet atmosphere while remaining connected to the visual beauty of Batumi’s seaside landscape.
The price of $39,636 for an apartment on the 11 floor accounts for the immediate operational readiness of the object. Investors avoid the 2-3 year waiting period and the associated risks of unfinished construction typical for the resort market. The ability to start generating rental income or move in immediately adds significant tangible value to the acquisition cost of this unit.
Status House stands as a completed landmark that effectively eliminates the risks associated with the development phase. It is an ideal choice for conservative investors and those relocating to the coast who value immediate comfort and proven quality. To finalize your understanding of this property and check its current status, it is best to reach out for a dedicated information session.
