Batumi, Georgia

Reverance

In Batumi's Airport district, Reverance is an apartment complex. The 16-storey building is under construction, with handover planned for Q3 2028. It is a project by Otium Development. By the map, the coast lies about 870 m away. There is underground parking and lifts. Apartments are offered from $52,785; a square metre costs from $1,353. The developer offers an instalment plan with a down payment from 15%.

Price from
$52,785
Per m² from
$1,353
Stage
Under constructionhandover Q3 2028
To the sea
870 m
Floors
16

About the property

Where is REVERANCE?

In Batumi's Airport district, Reverance is an apartment complex. The 16-storey building is under construction, with handover planned for Q3 2028. It is a project by Otium Development.

What is nearby?

By the map, the coast lies about 870 m away. There is underground parking and lifts.

How far are the sea and the centre?

About 870 m to the sea in a straight line. About 5 km to central Batumi in a straight line.

Who is building it?

Apartments are offered from $52,785; a square metre costs from $1,353. The developer offers an instalment plan with a down payment from 15%.

Specifications

Key facts

City
Batumi
Price
from $52,785
Price per m² from
$1,353
To the sea
870 m
Developer
Otium Development

Building

Floors
16
Ceiling height
3 m

Rights and dates

Status
Under construction
Handover
Q3 2028

Price per m² vs the district

This property
$1,353 per m²
District average
$1,553 per m²

13% below the district average

The average of 48 other properties in this district in the GeCoast catalog.

Airport in the GeCoast catalog

GeCoast complexes in the district
31
Median price per m²
$1,500 per m²
Handover dates
Q3 2026 — Q4 2030

Only published GeCoast catalog objects open to search engines.

All complexes in the district

Installment plan

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. HandoverQ3 2028

Developer

Otium Development

1 complex in the GeCoast catalog · handed over: 0 · under construction: 1

From the GeCoast catalog: published objects only.

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Apartment from $52,785

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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 REVERANCE located?

REVERANCE is located at: Batumi, Airport, 3-й тупик Адлиа, 1.

Who is the developer of REVERANCE?

The developer is Otium Development.

When is REVERANCE due for handover?

Handover is planned for Q3 2028.

How much does an apartment in REVERANCE cost?

The price is from $52,785.

Does REVERANCE offer an installment plan?

Yes, an installment plan is available. Down payment: 15%.

How far is REVERANCE from the sea?

Distance to the sea: 870 m.

Can I buy a flat at REVERANCE 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.