from $140,000
Midtown
City Center
from $140,000
2026
Apartments · Under construction
Batumi Concept
Developer: LS Group
- City Center
- 500 m to the sea
- Completion 2026
from$212,800
61–170 m² · $3,500/m²
Installments for 20 mo · 30% down
Project Gallery
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About project
Batumi Concept is a new residential project by developer LS Group in the very heart of Batumi. The 8-storey building stands at 27–29 Vazha-Pshavela Street, giving residents access to all the city amenities they need, including shops, schools and parks. The sea is about 500 m away (a 7-minute walk).
The building is being constructed using modern technologies and offers a variety of layouts: from two-room apartments from 60.8 m² to spacious five-room apartments of up to 169.8 m². The project has 40 apartments in total, with 4–5 apartments per floor. Prices start from $212,800 for a two-room apartment ($3,500 per m²). Completion is scheduled for Q4 2026, and the project is in an active construction phase. Buyers can choose apartments in white frame or turnkey condition, with a TBC Bank mortgage or a developer instalment plan (30% down payment, up to 1 year and 8 months).
Why this project
Main advantages
- 01City centre
- 02Instalment plan with 30% down payment
- 03Well-developed infrastructure
- 04Choice of finish
On site
Amenities
- Underground parking
- EV charging
- Rooftop terrace
- 24/7 security
- Lifts
- Monolithic frame structure with brick external walls
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Characteristics
Area
61–170 m²Bedrooms
2-5To sea
500 mPrice per m²
$3,500/m²Floors
8Stage
Under constructionFinishing
White frame, RenovatedDistrict
City CenterDeveloper
LS GroupAddress
27-29 Vazha-Pshavela StDeveloper price list
Prices by unit type
| Type | Area | Price |
|---|---|---|
| 2 bedrooms | 61–80 m² | from $212,800 |
| 3 bedrooms | 106–109 m² | from $371,000 |
| 5 bedrooms | 170 m² | from $594,300 |
Starting prices from the developer’s price list. Availability changes — ask us for current units.
Payment terms
Developer installment plan
Down payment
30%
Term
20 mo.
Example for a unit at $212,800
Down payment
$63,840
Monthly
$7,448
Approximate calculation: ask us for the exact payment schedule.
Location
Location & Infrastructure
The project is located in central Batumi at 27-29 Vazha-Pshavela Street — a prestigious and convenient location next to 6 May Park, within walking distance of the seafront and the main sights of the Old Town.
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- Bank 2 min walk
- Supermarket 2 min walk
- Bus Stop 220 m
- Park 3 min walk
- School 5 min walk
- Beach 500 m
- Sea 7 min walk
- Airport 20 min drive
Questions & answers
Questions about Batumi Concept
Data as of October 26, 2026
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Our manager will answer any question about this project and send current prices and availability.
01How much do apartments in Batumi Concept cost?
Prices start at $212,800 for the most affordable unit of 61 m². Availability and prices change — ask us for the current list. The price per square metre is $3,500/m². The median for City Center is $1,712/m².
02When will Batumi Concept be completed?
Completion is scheduled for 2026. The building is currently at the “under construction” stage. Number of floors: 8.
03Is there an installment plan at Batumi Concept?
Yes, the developer offers an installment plan: 30% down, the rest over 20 months. For a unit at $212,800 that is $63,840 down and about $7,448 per month.
04What layouts are available in Batumi Concept?
Rooms: 2-5. Sizes: 61–170 m². Prices by type: 2 bedrooms from $212,800, 3 bedrooms from $371,000, 5 bedrooms from $594,300.
05What finishing do apartments at Batumi Concept come with?
Finishing options: White frame, Renovated.
06Where is Batumi Concept located?
In the City Center district of Batumi, at 27-29 Vazha-Pshavela St. About 500 m to the sea. Nearby: bank (2 min walk), supermarket (2 min walk), bus stop (220 m).
07What does Batumi Concept offer on site?
Underground parking, EV charging, rooftop terrace, 24/7 security, lifts, monolithic frame structure with brick external walls.
08Who is the developer of Batumi Concept?
The developer is LS Group.
09Can a foreigner buy an apartment in Batumi Concept and get a residence permit?
Yes. Foreigners buy property in Georgia on the same terms as citizens — only a passport is needed. An owner of property worth $100,000 or more can apply for a short-term residence permit. Apartments in Batumi Concept start from $212,800, so any of them meets the threshold.
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