Batumi, Georgia

Piazza Residence

  • Instalment plan

New build Piazza Residence in Old Batumi: 18 floors, handover December 2027, from 92,820 USD, 36-month installment, underground parking and restaurant.

Price from
$92,820
Per m² from
$2,574
Stage
Under constructionhandover Q4 2027
To the sea
970 m
Floors
18

About the property

Where is Piazza Residence?

Piazza Residence is located at: Batumi, Old Batumi, 59 Vakhtang Gorgasali St, Batumi.

What is nearby?

An on-site restaurant, security and underground parking form the core of what Piazza Residence offers in Old Batumi. The project description also mentions a concierge, a fountain, a coworking area, a lobby and a reception.

Daily needs are close by: a cafe 50 m away, a kindergarten at 60 m and a clinic at 70 m. A school, a park and a bank are all within a couple of hundred metres as well.

How far are the sea and the centre?

The sea is 970 m from the building, so this is a city-centre location rather than a beachfront one, with a restaurant under the same roof.

What flats are there?

Studio from 35 m², 1-room from 53 m². Prices from $92,820.

Who is building it?

Tower Group is the developer. It is a single 18-storey building with a monolithic frame and elevators, sold as apartments at 59 Vakhtang Gorgasali Street. The complex is under construction, with handover set for December 2027.

Prices start from 92,820 USD, or from 2,450 USD per m². An installment plan is available: 30% down payment over 36 months. According to the developer, the offer includes studios and one-bedroom apartments.

Specifications

Key facts

City
Batumi
Price
from $92,820
Price per m² from
$2,574
To the sea
970 m
Developer
Tower Group

Building

Floors
18
Buildings
1

Flats

Flat types
Studio, 1-room
Areas
35–53 m²

Rights and dates

Status
Under construction
Handover
Q4 2027

Floor plans

  • Floor plan scheme, 35 m²
    Studio35 m²from $92,820
  • Floor plan scheme, 53 m²
    1+153 m²from $136,425

Get all floor plans and pricesAll floor plans

Price per m² vs the district

This property
$2,450 per m²
District average
$4,095 per m²

40% below the district average

The average of 6 other properties in this district in the GeCoast catalog.

Old Batumi in the GeCoast catalog

GeCoast complexes in the district
6
Median price per m²
$4,310 per m²
Handover dates
Q4 2026 — Q4 2029

Only published GeCoast catalog objects open to search engines.

All complexes in the district

How the price changed

Price per m² «from»
  • Until October 31, 2026: $2,450
  • October 31, 2026 — $2,652
  • October 31, 2026 — $2,574

GeCoast data on the dates of the changes.

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Installment plan

Down payment
30%
Term
36 months

Calculate the instalments

What the purchase costs in full

The flat's price and the costs of the deal. Fill in what you know: empty fields are not counted.

Handover and construction progress

Construction stages

  1. Sales startdate not statedDone
  2. ConstructionNow
  3. HandoverQ4 2027

Developer

Tower Group

3 complexes in the GeCoast catalog · handed over: 0 · under construction: 3

The developer's other complexes on GeCoast

From the GeCoast catalog: published objects only.

Work out your own daily-rent scenario

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Studio 35 m² from $92,820

Enter the price of a night and the occupancy — the result appears here.

Calculated from your figures only: not a forecast and not a guarantee of income. Actual income depends on the flat, the season and the management company.

How the deal works

  1. Request

    You send a request through the contacts.

  2. Viewing and data

    You receive the data and view the property.

  3. Check and contract

    You review the documents and agree the contract.

  4. Deposit

    You pay a deposit to secure your right to buy.

  5. Closing and registration

    Ownership is registered and the full payment is made.

Consultation on the complex

We will answer your questions about the property and the terms of purchase.

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Frequently asked questions

Where is Piazza Residence located?

Piazza Residence is located at: Batumi, Old Batumi, 59 Vakhtang Gorgasali St, Batumi.

Who is the developer of Piazza Residence?

The developer is Tower Group.

When is Piazza Residence due for handover?

Handover is planned for Q4 2027.

How much does an apartment in Piazza Residence cost?

The price is from $92,820.

Does Piazza Residence offer an installment plan?

Yes, an installment plan is available. Term: up to 36 months. Down payment: 30%.

How far is Piazza Residence from the sea?

Distance to the sea: 970 m.

What flats does Piazza Residence have and what do they cost?

Studio from $92,820; 1-room from $136,425.

Can I buy a flat at Piazza Residence without travelling?

How a purchase from abroad works, step by step, is in the guide. More: Buying an off-plan apartment in Batumi: what to check

What taxes does a flat owner pay in Georgia?

Taxes for a foreign owner are covered in the guide. More: Property taxes in Georgia for a foreign owner

Other projects

Important notice

This information is for reference only and is not a public offer; please confirm terms and prices with the developer.