Parallel Residences
To the sea700 m
View property →from $59,000completion Q4 2027
1 Tamar Mepe Ave, Batumi
Corall Seaside Resort
Price from$69,600
December 2031Completion
Corall DevelopmentDeveloper
under constructionStatus
Details
Key facts
- Location
- 1 Tamar Mepe Ave, Batumi
- Price from
- $69,600
- Completion
- December 2031
- Developer
- Corall Development
- Status
- Under construction
About the project
Corall Seaside Resort is a beachfront resort at 1 Tamar Mepe Avenue, Batumi. Two towers: A with 55 floors, B with 52, on a plot of 11,234 m².
Sales are open in tower B: 1,250 apartments from 27 to 73 m², studios and one-bedroom units with views of the sea, the city and the mountains. Residences in tower A go on sale at the next stage.
A private beach with direct access, a five-star hotel, a private yacht club with berths, a casino, a panoramic pool, a spa, a gym, restaurants and cafes, business and retail spaces, children's play areas.
The project is created by Ibercompany Holding, Grande Group and Mziuri Development; architecture by the Hausart studio of David Gogichaishvili (Paragraph Hotel, Batumi Tower, Sheraton Metekhi Palace). 10 minutes to the Batumi boulevard and the Botanical Garden, 3 minutes to the railway station.
Prices start from $69,600. Payment terms: 25% down payment and a 60-month installment plan. Completion is scheduled for December 2031.
Yield
Run the numbers yourself
Move the sliders or type your own rent — we do not promise a percentage, we calculate from your inputs.
Monthly rent
Occupancy over a year70%
Costs: management, taxes, utilities25%
- Net per year
- $3,509
- Annual return
- 5.0%
- Years to pay back
- 19.8
An estimate, not a promise: the rent depends on the floor, the view, the finish and whether you let nightly or yearly. We will run it with you on a specific apartment — costs included, nothing rounded in our favour.
Location
Batumi
Questions
What buyers ask about this property
How much are apartments in Corall Seaside Resort?
Prices in Corall Seaside Resort start from $69,600. The final figure depends on the floor, the view and the layout — we will send the current price list from the developer on request.
Is there an instalment plan in Corall Seaside Resort?
Payment terms: 25% down payment and a 60-month installment plan.
When is Corall Seaside Resort completed?
Completion is scheduled for December 2031.
How far is Corall Seaside Resort from the sea?
70 m in a straight line to the shore.
Who is the developer of Corall Seaside Resort?
Corall Development. Before you sign anything we check the legal status of the project and of the specific unit.
Does buying in Corall Seaside Resort give residency in Georgia?
Residency requires property worth at least 150,000 dollars. Prices in Corall Seaside Resort start lower, at $69,600, so it depends on the unit you choose — a larger one can clear the threshold.
How do I buy an apartment in Corall Seaside Resort from abroad?
Foreigners buy property in Georgia on the same terms as citizens. You do not have to travel: we film the unit, collect the documents and complete the registration by power of attorney. Registration takes one to four working days.
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+995 599 278 144
6 Nikoloz Baratashvili Street, Batumi