Apartments · Under construction

Red

Developer: AB Development

from$39,780

34–97 m² · $1,110 – $1,660/m²

Installments for 50 mo · 30% down

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About project

Red is a new business-class residential complex by AB Development, located at 30-32 Angisa Street in the New Boulevard area of Batumi. The project is next to the Lech and Maria Kaczyński Park, and the shoreline is just a 490-metre walk away, making it one of the closest new-builds to the sea in this part of the city.

The complex is a 26-storey monolithic frame tower with 1,012 apartments planned — from 34 m² studios to spacious three-room apartments of up to 97 m². Layouts are divided into S, M and L formats: studios and one-room apartments (34–45.4 m²), two-room apartments (55–66.9 m²) and three-room apartments (83.1–97 m²). Prices start from USD 39,780 for a studio, with a minimum price per square metre of around USD 1,110/m². Ceilings are 3 metres high, with a choice of black frame or white frame finish; windows are energy-efficient double glazing in metal-plastic frames.

The building has 7 high-speed lifts from international brands. Underground and above-ground car parks provide around 500 spaces, solving parking for future residents. The lower floors will house commercial premises from 30 m², a business centre on the 3rd floor, a restaurant, a café, a supermarket, a pharmacy and other services.

The on-site facilities are geared towards comfort and an active lifestyle: a swimming pool and spa area, a fitness centre, a children's development centre, a workshop and a chess club, a roof terrace with a telescope, 24-hour security, reception and CCTV. The layouts are designed to offer views of the sea and the mountains.

The location combines proximity to the sea with well-developed urban infrastructure: a public transport stop is 55 m from the building, Batumi International Airport less than 3 km, Ardagani Lake about a 15-minute walk, and the New Boulevard promenade around 1.5 km. Completion is scheduled for Q4 2028, and sales are at the presale stage. The project suits both owner-occupiers and investors seeking rental income in Batumi's growing market.

Why this project

Main advantages

  1. 01Large business-class project on the New Boulevard — 1,012 apartments
  2. 02490 m walk to the sea
  3. 03Next to the Lech and Maria Kaczyński Park
  4. 04Underground and above-ground parking for ~500 cars
  5. 05Extensive facilities: swimming pool, spa, fitness centre, business centre
  6. 06Panoramic views of the sea and the mountains
  7. 07Prices from ~USD 1,110/m² at the presale stage
On site

Amenities

  • Swimming pool and spa area
  • Fitness centre
  • Children's development centre
  • Workshop and chess club
  • On-site restaurant and café
  • Supermarket
  • Pharmacy
  • Business centre on the 3rd floor
  • Commercial premises from 30 m²
  • Underground and above-ground parking (~500 spaces)
  • 7 high-speed lifts from international brands
  • Roof terrace with a telescope area
  • Reception, 24-hour security and CCTV

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Characteristics

Area
34–97 m²
Bedrooms
Studio-3
To sea
490 m
Price per m²
$1,110 – $1,660/m²
Floors
26
Stage
Under construction
Finishing
Black frame, White frame
Developer
AB Development
Address
30-32 Angisa St
Developer price list

Prices by unit type

TypeAreaPrice
Studio34–35 m²from $39,780
2 bedrooms45–66 m²from $74,036
3 bedrooms83–97 m²from $97,227

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

Payment terms

Developer installment plan

Down payment
30%
Term
50 mo.

Example for a unit at $39,780

Down payment
$11,934
Monthly
$557

Approximate calculation: ask us for the exact payment schedule.

Location

Location & Infrastructure

New Boulevard area of Batumi, 30-32 Angisa Street, next to the Lech and Maria Kaczyński Park. The beach is about a 490 m walk away, and Batumi International Airport less than 3 km.

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  • Bus Stop 55 m
  • Supermarket Nearby
  • Park 3 min walk
  • Sea 6 min walk
  • Beach 6 min walk
  • New Boulevard 20 min walk
  • School 5 min drive
  • Airport 5 min drive
  • Hospital 5 min drive
Questions & answers

Questions about Red

Data as of October 26, 2026

01

How much do apartments in Red cost?

Prices start at $39,780 for the most affordable unit of 34 m². Availability and prices change — ask us for the current list. The price per square metre is $1,110 – $1,660/m². The median for New Boulevard is $1,350/m².

02

When will Red be completed?

Completion is scheduled for 2028. The building is currently at the “under construction” stage. Number of floors: 26.

03

Is there an installment plan at Red?

Yes, the developer offers an installment plan: 30% down, the rest over 50 months. For a unit at $39,780 that is $11,934 down and about $557 per month.

04

What layouts are available in Red?

Rooms: Studio-3. Sizes: 34–97 m². Prices by type: studio from $39,780, 2 bedrooms from $74,036, 3 bedrooms from $97,227.

05

What finishing do apartments at Red come with?

Finishing options: Black frame, White frame.

06

Where is Red located?

In the New Boulevard district of Batumi, at 30-32 Angisa St. About 490 m to the sea. Nearby: bus stop (55 m), supermarket (Nearby), park (3 min walk).

07

What does Red offer on site?

Swimming pool and spa area, fitness centre, children's development centre, workshop and chess club, on-site restaurant and café, supermarket, pharmacy, business centre on the 3rd floor.

08

Who is the developer of Red?

The developer is AB Development. Projects by this developer in our catalogue: 4.

09

Can a foreigner buy an apartment in Red 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 Red start from $39,780; for a residence permit, choose a unit from $100,000.

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More projects by AB Development

Projects listed
4
Prices
from $39,780
Completion
2026–2030

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