STATUS HOUSE in Batumi

Batumi, Airport, Batumi, New Boulevard
STATUS HOUSE

Project parameters

  • Cost per m²

    $1,100
  • Apartments

    from 33 to 84.9 m²
  • Total number of apartments

    274
  • District

    Airport
Interest-free installment
Down payment, $Monthly payment:Duration, month
% - $11,891$694up to 40 months

Price dynamics

Description

Buying an apartment in Status House Batumi is a decision for those seeking a balance between proximity to the city’s historic center and the modern comfort of premium beachfront real estate. The project stands out against the backdrop of Batumi’s mass development due to its completeness, privacy, and prime location on the first line of the Old Boulevard, making it equally attractive for long-term residency and high-liquidity rental. The residential complex solves a key investor task — minimizing risks by acquiring ready-to-move-in housing in a location with a limited supply of new development plots.

Concept and architectural features of the project

The Status House residential complex is a modern 16-story building whose architectural appearance is harmoniously integrated into the aesthetics of the renovated coastline. The property belongs to the premium segment, confirmed by the use of energy-efficient panoramic windows and high-quality facade finishing materials resistant to the marine climate. The status of a finished and commissioned object in 2027 year relieves buyers of construction delay risks and allows for the immediate operation or rental of apartments after purchase.

The project is implemented as a multifunctional space where the residential zone is integrated with commercial infrastructure on the ground floors. The scale of the complex allows for maintaining residents' privacy while providing access to all necessary services. The developer focused on open views: thanks to the architectural solution, most apartments have direct or side views of the sea and the park. The property is considered a liquid asset because the shortage of vacant plots for development on the first line in central Batumi limits the emergence of new competitive projects in the immediate vicinity.

Location and neighborhood infrastructure

The property is located on Sherif Khimshiashvili Street, which is one of the most prestigious points on the city map. Proximity to the Old Boulevard — the main walking and tourist artery of Batumi — determines the high market value per square meter in this area. Within walking distance are significant landmarks such as 6 May Park with Lake Nurigeli, the dolphinarium, and the dancing fountains. The distance to the beach is less than 150 meters, which is critical for tourist-oriented properties.

The high concentration of five-star hotels and premium restaurants within a 500-meter radius forms a high-quality social environment around the complex. Demand for purchase in this part of the city consistently exceeds supply due to developed business and tourist activity. The established infrastructure of the area includes state schools, private clinics, and large shopping centers, making the location suitable not only for short-term vacations but also for full relocation of families. Rental demand in Status House remains steadily high thanks to the walking accessibility of the Old Boulevard and key city tourist sites.

Internal infrastructure of the complex

To ensure resident comfort, the complex provides a full cycle of service amenities. The infrastructure is designed to cover the basic needs of residents without requiring them to leave the premises:

  • Equipped underground parking, solving the problem of parking shortages in the center.
  • A spacious lobby with a reception area and concierge services.
  • Modern fire safety systems and 24/7 video surveillance.
  • High-speed silent elevators with high load capacity.
  • Commercial spaces on the lower floors for shops and cafes.
  • Own management company providing technical maintenance and rental management.

Floor plans and prices

The complex offers a wide range of housing formats adapted for different ownership strategies. For short-term rental investments, studios and compact one-bedroom apartments are most in demand, while spacious apartments with several bedrooms are provided for permanent residence. Unit areas range from ergonomic options of 29 square meters to family residences of over 100 square meters.

At the current implementation stage, the cost of properties is distributed as follows:

  • Minimum price per square meter starts from $1,100.
  • Maximum price per square meter in sea-view apartments reaches $3,342.
  • A studio in this project can be purchased from $39,636.
  • One-bedroom apartments start from $39,972.
  • Spacious two-bedroom options are offered at prices from $74,415.
  • Three-bedroom apartments are available from .

Payment terms at Status House are discussed individually based on current secondary market offers and remaining inventory from the developer. It is important to note that the open floor plans in most lots allow owners to implement individual design projects.

Investment attractiveness and demand logic

The investment logic for purchasing in this residential complex is based on the stability of the location and construction quality. Unlike developing areas on the outskirts, central Batumi has already passed the phase of rapid extensive growth, and a shortage of high-quality finished housing is now forming here. Investors choose this complex for passive income due to the professional management company and high quality of facade materials, which guarantees the preservation of the building’s attractive appearance for many years.

The main tenants in Status House are foreign specialists working remotely and tourists who prefer premium comfort in the historic part of the city. Due to the proximity to business centers and the sea, the property is in demand year-round, neutralizing the seasonality factor typical for resort real estate. A logical investment horizon for this format is 5–7 years to obtain maximum profit from property capitalization against the backdrop of general urban infrastructure development.

Advantages of the residential complex

  • Exceptional location on the first line near the entrance to the Old Boulevard.
  • Full readiness of the object, excluding construction risks.
  • High quality of panoramic glazing with protection against UV rays and sea wind.
  • Presence of underground parking, a rarity for central Batumi.
  • Professional building management ensuring asset safety.
  • High liquidity of the property for resale due to the shortage of similar offers in the location.

Who the complex is for

Investors: the project is suitable for building a rental business with minimal owner involvement through the management company. High demand for the location ensures stable occupancy.

For living: developed city infrastructure within walking distance and proximity to park areas make the complex convenient for family living and relocation.

For passive income: the apartment format in this location historically shows a stable trend of rental price growth, suitable for conservative investors aimed at capital preservation.

Status House Batumi is an example of quality real estate where the property value is backed not by advertising promises, but by physical characteristics and a unique location. To obtain up-to-date information on available floor plans and a detailed consultation on the transaction, it is recommended to contact a specialist who will help select the best option for your goals. The final analysis confirms that the complex is one of the most reliable tools for investment in finished real estate in Batumi, combining high rental attractiveness and long-term ownership potential.

We will help you choose from 273 apartments

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