Studio, 32.2 m², 25 floor in "The Parallel"

Batumi, Khimshiashvili, Tbel Abuseridze St, 19-23
Studio, 32.2 m², 25 floor, The Parallel in Batumi

About apartment

  • Article

    13,553,495
  • Numeration

    2504
  • Floor

    25
  • Roominess

    Studio
  • Price

    $64,561
  • Price / m²

    $2,005
  • 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,

0 apartments in
  • Class

    business
  • Floors

    35
  • Elevator

    yes
  • Technology

    monolith
  • Distance to the sea

    650 m
  • District

    Khimshiashvili

Description

Investing in The Parallel means acquiring a highly liquid asset in one of Batumi’s most dynamic and functional districts. The Khimshiashvili location, combined with the project’s diverse layout options, ensures consistent demand from a broad spectrum of tenants, including relocated professionals and families. Unlike isolated tourist apartments, this business class complex attracts long-term renters due to its proximity to the House of Justice, local schools, and major retail centres. The monolithic construction and premium finishing standards further protect the capital invested. Consequently, the property serves as a robust financial instrument that balances immediate rental potential with steady long-term value appreciation in the highly competitive coastal real estate market.

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 25 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 $64,561 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.

The strategic placement of this apartment within the Khimshiashvili district ensures exceptional liquidity and continuous demand from a diverse tenant pool. By combining proximity to essential city services with the relaxing atmosphere of the coast, the property caters to both families and professionals. This unique positioning, supported by the developer’s high construction standards, guarantees that the asset will remain highly attractive and competitive in the Batumi real estate market for many years to come.

Map

Interest-free installment
Down payment, $Monthly payment:Duration, month
20% - $12,912$1,781up to 29 months

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