Batumi, Georgia
The Parallel
- Instalment plan
The Parallel in Batumi's Heroes' Alley: two 35-storey buildings, handover December 2027, 740 m to the sea. Apartments from 62,759 USD, 20% down payment.
- Price from
- $62,759
- Per m² from
- $1,641
- Stage
- Under constructionhandover Q4 2027
- To the sea
- 740 m
- Floors
- 35
Gallery
The Parallel, Batumi — main photo 11 / 16
About the property
Where is The Parallel?
The address is 19-23 Tbel Abuseridze Street in the Heroes' Alley area of Batumi, 740 m from the sea. A public transport stop is 70 m away and a park is 260 m from the site.
What is nearby?
The apartments come as studios and 1+1 layouts, handed over in a black frame finish so owners can plan the interior themselves. Prices start from 62,759 USD, or from 1,641 USD per square metre. The complex has underground parking, and the project description also mentions a concierge and video surveillance.
How far are the sea and the centre?
About 740 m to the sea in a straight line. About 2.3 km to central Batumi in a straight line.
Who is building it?
The Parallel is a pair of 35-storey buildings rather than a single tower, and that twin-block layout is what sets it apart. Metropol is the developer, the structure is a monolithic frame with elevators, and construction is under way with handover planned for December 2027.
The developer offers an instalment plan with a 20% down payment over 29 months, and it does not continue after handover.
Specifications
Key facts
- City
- Batumi
- Price
- from $62,759
- Price per m² from
- $1,641
- To the sea
- 740 m
- Developer
- Metropol
Building
- Floors
- 35
- Buildings
- 2
Rights and dates
- Status
- Under construction
- Handover
- Q4 2027
Price per m² vs the district
23% below the district average
The average of 7 other properties in this district in the GeCoast catalog.
Heroes Alley in the GeCoast catalog
- GeCoast complexes in the district
- 3
- Median price per m²
- $2,000 per m²
- Handover dates
- Q4 2027 — Q2 2028
Only published GeCoast catalog objects open to search engines.
Installment plan
- Down payment
- 20%
- Term
- 29 months
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
- Sales startdate not statedDone
- ConstructionNow
- HandoverQ4 2027
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How the deal works
Request
You send a request through the contacts.
Viewing and data
You receive the data and view the property.
Check and contract
You review the documents and agree the contract.
Deposit
You pay a deposit to secure your right to buy.
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 The Parallel located?
The Parallel is located at: Batumi, Heroes Alley, 19-23 Tbel Abuseridze St, Batumi.
Who is the developer of The Parallel?
The developer is Metropol.
When is The Parallel due for handover?
Handover is planned for Q4 2027.
How much does an apartment in The Parallel cost?
The price is from $62,759.
Does The Parallel offer an installment plan?
Yes, an installment plan is available. Term: up to 29 months. Down payment: 20%.
How far is The Parallel from the sea?
Distance to the sea: 740 m.
Can I buy a flat at The Parallel 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.