Free consultation
Piazza Residence

Vakhtang Gorgasali St 59-61, Batumi

Piazza Residence

Price from$93,000

Q4 2027Completion
Tower GroupDeveloper
under constructionStatus

Details

Key facts

Location
Vakhtang Gorgasali St 59-61, Batumi
Price from
$93,000
Completion
Q4 2027
Developer
Tower Group
Status
Under construction

About the project

Piazza Residence is a Tower Group building in the old town of Batumi, at the corner of Vakhtang Gorgasali and 26 May streets, right by Piazza square. About a kilometre to the sea, a ten-minute walk. The central park, the Venetian fountains, schools, kindergartens, a university and a hospital are all nearby.

Eighteen storeys are built around a listed building a hundred and nineteen years old. Alpha Architecture designed it, with a ventilated natural stone facade, thirteen-metre colonnades at the main entrance and a private courtyard piazza with fountains. The two lower floors are given over to retail: a high-end restaurant and cafe, co-working, a children’s play area, a pharmacy, a shop, boutiques and a beauty salon. Dynamic underground parking, concierge service, round-the-clock security and CCTV. Every apartment has a balcony or terrace.

Layouts: studios 37.9–49.7 m², one-bedroom 49.9–68.6 m², two-bedroom 65.2–118.8 m², three-bedroom 135.9–143.3 m². Apartments are delivered in white frame and unfurnished — you fit them out once the facade and internal works are done. Interest-free installments over 36 months with no down payment.

The development

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
$4,687
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.

We will find it for you

Leave a number — we call back within 30 minutes

+995 599 278 144

Location

Batumi

Address
Vakhtang Gorgasali St 59-61, Batumi
City
Batumi
To the sea
870 mstraight line
Open in maps
GoogleYandex

Questions

What buyers ask about this property

How much are apartments in Piazza Residence?

Prices in Piazza Residence start from $93,000. 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 Piazza Residence?

Interest-free installments over 36 months with no down payment.

When is Piazza Residence completed?

Completion is scheduled for Q4 2027.

How far is Piazza Residence from the sea?

870 m in a straight line to the shore.

Who is the developer of Piazza Residence?

Tower Group. Before you sign anything we check the legal status of the project and of the specific unit.

Does buying in Piazza Residence give residency in Georgia?

Residency requires property worth at least 150,000 dollars. Prices in Piazza Residence start lower, at $93,000, so it depends on the unit you choose — a larger one can clear the threshold.

How do I buy an apartment in Piazza Residence 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.

Similar

Comparable in price

Pullman Living & Residences

Pullman Living & Residences

Tsikhisdziri, Kobuleti · Petra Group

To the sea260 m

View property →
from $108,000completion Q4 2030
Alliance Centropolis

Alliance Centropolis

Shota Rustaveli Ave 52, Batumi · Alliance Group

To the sea190 m

View property →
from $102,000completion Q4 2027
Oval

Oval

Zhiuli Shartava Ave 7, Batumi · Metropol

To the sea290 m

View property →
from $86,000completion Q4 2027

Contact us

Tell us what you are looking for

We reply within 30 minutes and send a selection matched to your brief — with legal status, calculations and photos from the site.

+995 599 278 144
6 Nikoloz Baratashvili Street, Batumi

By pressing the button you agree to the processing of personal data.