1-bedroom apartment, 47.7 m², 20 floor in "The Parallel"

Batumi, Khimshiashvili, Tbel Abuseridze St, 19-23
1-bedroom apartment, 47.7 m², 20 floor, The Parallel in Batumi

About apartment

  • Article

    13553471
  • Numeration

    2008
  • Floor

    20
  • Roominess

    1-room
  • Price

    $85,478.4
  • Price / m²

    $1,792
  • Total area

    47.7 m²
  • Living area

    41.3 m²
  • Balcony area

    6.4 m²

About project

The Parallel

Tbel Abuseridze St, 19-23
Tbel Abuseridze St, 19-23

2 buildings, 75 apt.

75 apartments in
  • Cost per m²

    $1,641
  • Class

    business
  • Floors

    35
  • Elevator

    yes
  • Technology

    monolith
  • Distance to the sea

    650 m
  • District

    Khimshiashvili

Description

The Parallel successfully bridges the gap between a holiday home and a permanent urban residence, offering a format that thrives in all seasons. While many Batumi developments struggle with occupancy during the winter months, this complex maintains its appeal through comprehensive infrastructure and a central district location. The presence of a professional property management company ensures that apartments are kept in excellent condition and efficiently marketed to long-term tenants. This dual functionality makes the property an ideal choice for those seeking a reliable passive income stream without sacrificing the quality of the asset. Ultimately, it represents a smart, forward-thinking approach to coastal real estate investment and personal living.

The 47.7 square metre configuration provides ample room for families to establish a genuine home environment. With enough space for children’s activities and home offices, this layout supports the practical demands of modern life. Proximity to local schools in the Khimshiashvili district complements this spatial arrangement, making it highly convenient. Consequently, these medium-sized apartments attract stable, long-term tenants who value both the interior functionality and the surrounding neighborhood infrastructure.

Positioned on the 20 floor, this apartment delivers an optimal equilibrium between city energy and the serene atmosphere of a private residence. This middle elevation effectively buffers the interior from street-level noise while offering engaging views of the Khimshiashvili district. The distance from the ground ensures a comfortable microclimate and excellent ventilation. These characteristics make this floor highly desirable for families seeking a peaceful living environment without feeling disconnected from the urban landscape.

The total cost of $85,478 for this apartment reflects a careful balance between the premium business class specifications of The Parallel and the practical dimensions of the living space. This pricing strategy ensures that buyers acquire a high-quality asset without overpaying for unnecessary square footage. The inclusion of advanced infrastructure, such as the fitness centre and concierge service, justifies the investment, offering long-term value that extends far beyond the initial acquisition cost in the competitive Batumi market.

Ultimately, this unit benefits from the comprehensive infrastructure of The Parallel, including secure parking, professional management, and landscaped communal areas. The project’s focus on year-round livability distinguishes it from seasonal resorts, providing a stable foundation for both personal residence and rental income. Situated just 650 metres from the sea, the property perfectly captures the essence of coastal living while maintaining strong urban functionality, making it a highly rational choice for discerning buyers.

Map

Interest-free installment
Down payment, $Monthly payment:Duration, month
20% - $17,096$2,358up to 29 months

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