Apartments · Under construction

Pine Residence

Developer: Pine Development

  • Kobuleti
  • 150 m to the sea
  • Completion 2028
from$41,745

35–131 m² · $1,070 – $1,320/m²

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About project

Pine Residence is a new residential complex by Pine Development on the resort coast of Kobuleti. It is a single 20-storey monolithic tower with a striking façade: dark and light panels, timber accents on the balconies and a white diagonal metal frame rising up the corner of the building. The complex is under construction, with completion scheduled for Q4 2028.

The building stands on David Aghmashenebeli Avenue, 150 metres from the Black Sea beach. Mature trees are being kept on the plot, and a public transport stop is 85 metres from the entrance. Batumi is about 30 kilometres away.

On sale are studios from 34.5 m², 2-room apartments of 52–61.5 m² and 3-room apartments of up to 131 m². Apartments are handed over in green frame condition: walls plastered, screed laid, electricity, water, sewerage and heating connected — only the final finish is left to the owner's taste. Studios start at $41,745.

Residents will have a swimming pool, a fitness centre, a restaurant, a lounge area, a children's playground and a relaxation area. The building has a lift and a lobby, the grounds are under 24/7 CCTV and security, and the underground car park holds 157 cars.

Pine Residence suits buyers looking for a home by the sea in quiet Kobuleti — to live in or to let during the season. Purchase is possible in cash, with a TBC Bank mortgage or with a developer instalment plan.

Why this project

Main advantages

  1. 01150 m to the sea
  2. 0220-storey tower with a distinctive façade
  3. 03Swimming pool, fitness centre, restaurant and lounge
  4. 04Underground parking for 157 cars
  5. 05Green frame finish with utilities connected
  6. 06Studios from $41,745
  7. 07TBC Bank mortgage and developer instalment plan
On site

Amenities

  • Swimming pool
  • Fitness centre
  • Restaurant
  • Lounge area
  • Children's playground
  • Relaxation area
  • Underground parking
  • Lift
  • Lobby
  • 24/7 CCTV
  • Security

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Characteristics

Area
35–131 m²
Bedrooms
Studio-3
To sea
150 m
Price per m²
$1,070 – $1,320/m²
Floors
20
Stage
Under construction
Finishing
Green frame
District
Kobuleti
Developer
Pine Development
Address
836a David Aghmashenebeli Ave, Kobuleti
Developer price list

Prices by unit type

TypeAreaPrice
Studio35–40 m²from $41,745
2 bedrooms52–62 m²from $63,720
3 bedrooms78–131 m²from $82,925

Starting prices from the developer’s price list. Availability changes — ask us for current units.

Location

Location & Infrastructure

Northern Kobuleti, on David Aghmashenebeli Avenue — the resort's main street running along the coast. The beach is about 150 metres away and a bus stop 85 metres. Mineral springs are roughly 2 km away and the Kobuleti nature reserve about a 7-minute drive. The central market, park and city schools are 10–20 minutes by car, Batumi is about 30 km away and the international airport around an hour's drive.

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  • Bus Stop 85 m
  • Sea 150 m
  • Beach 150 m
  • City Center 30 km drive (Batumi)
Questions & answers

Questions about Pine Residence

Data as of October 29, 2026

01

How much do apartments in Pine Residence cost?

Prices start at $41,745 for the most affordable unit of 35 m². Availability and prices change — ask us for the current list. The price per square metre is $1,070 – $1,320/m². The median for Kobuleti is $1,750/m².

02

When will Pine Residence be completed?

Completion is scheduled for 2028. The building is currently at the “under construction” stage. Number of floors: 20.

03

What layouts are available in Pine Residence?

Rooms: Studio-3. Sizes: 35–131 m². Prices by type: studio from $41,745, 2 bedrooms from $63,720, 3 bedrooms from $82,925.

04

What finishing do apartments at Pine Residence come with?

Finishing options: Green frame.

05

Where is Pine Residence located?

In the Kobuleti district of Batumi, at 836a David Aghmashenebeli Ave, Kobuleti. About 150 m to the sea. Nearby: bus stop (85 m), beach (150 m), city center (30 km drive (Batumi)).

06

What does Pine Residence offer on site?

Swimming pool, fitness centre, restaurant, lounge area, children's playground, relaxation area, underground parking, lift.

07

Who is the developer of Pine Residence?

The developer is Pine Development.

08

Can a foreigner buy an apartment in Pine Residence 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 Pine Residence start from $41,745; for a residence permit, choose a unit from $100,000.

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