Studio, 32.2 m², 28 floor in "The Parallel"

Batumi, Khimshiashvili, Tbel Abuseridze St, 19-23
Studio, 32.2 m², 28 floor, The Parallel in Batumi

About apartment

  • Article

    13 553 516
  • Numeration

    2804
  • Floor

    28
  • Roominess

    Studio
  • Price

    $71,065.4
  • Price / m²

    $2,207
  • Total area

    32.2 m²
  • Living area

    26.5 m²
  • Balcony area

    5.7 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 32.2 square metre configuration in this complex addresses a highly active segment of the Batumi rental market. Compact layouts are consistently in demand among digital nomads and relocated individuals requiring functional space without unused area. Proximity to Khimshiashvili infrastructure further enhances this format’s appeal. Consequently, these units offer excellent occupancy rates and represent a rational choice for investors focused on generating steady, reliable cash flow throughout the entire year.

An apartment situated on the 28 floor within The Parallel offers an unparalleled sense of privacy and spatial freedom. The significant elevation effectively isolates the living space from street noise, creating a tranquil sanctuary above the city. This height maximizes the impact of the panoramic glazing, allowing uninterrupted views of the Adjara Mountains and the Black Sea to become a central feature of the interior. Such exclusivity is a defining characteristic of the upper tiers, appealing to buyers valuing serenity.

The total cost of $71,065 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% - $14,213$1,960up to 29 months

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