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Batumi Concept by LS Group, Old Town Batumi

27-29 Vazha-Pshavela Street, Batumi, Adjara, Georgia
Q4 2026
Handover
52 m²
From size
Apartments, 52–169 m²
Layouts
Old Town, Batumi, Batumi · Apartments, 52–169 m² · from 52 m² · handover Q4 2026

About the project

Batumi Concept is a boutique residential building at 27 to 29 Vazha-Pshavela Street, in the Old Town of Batumi. It rises eight floors with forty apartments, from about 52 m² to 169 m², so each floor holds only a handful of homes. Supermarkets, the Hopa market, parks and walking alleys are around it.

The building is finished with care for its size. The façade is lined with natural stone and bronze details, the windows and doors are aluminium with double-layer energy-efficient glass, and the partitions are energy-efficient blocks with sound insulation. The Kone lift has air purification, an uninterruptible power supply and video control, the waterproofing is SIKA, and the building is connected to gas.

Residents share a lobby, a rooftop terrace with green areas and a sports area, video surveillance of the common areas around the clock, and an underground car park with 40 cm monolithic walls and charging for electric cars, plus bicycle parking for everyone. Apartments are handed over in white frame or turnkey, and LS Group sells with a 30% down payment. Completion is planned for the end of 2026.

  • Location 27 to 29 Vazha-Pshavela Street, Old Town, Batumi
  • Building eight floors, forty apartments
  • Façade natural stone and bronze
  • Shared rooftop terrace, underground parking with EV charging
  • Finish white frame or turnkey

Direct-to-developer access via Palmera — no buyer commission, full Palmera support from selection through handover, in your language.

Additional details

Detail Value
Developer LS Group
Location Old Town, Batumi, Batumi
Unit types Apartments, 52–169 m²
Handover Q4 2026

Investment & payment plan

Freehold
Ownership
Oct 2026
Handover
White frame · Turnkey
Finishing
Underground, with EV charging and bicycle parking
Parking

Payment plan

30% down, then instalments
  • 30%Down payment

Interest-free developer payment plan. Final figures are confirmed in the Sale & Purchase Agreement.

The developer

LS Group
A boutique building in Batumi's Old Town.
LS Group has nine years on the Batumi market and is building Batumi Concept, a boutique residence of forty apartments on Vazha-Pshavela Street in the Old Town. The building is finished with care for its size: a natural-stone and bronze façade, a Kone lift with air purification, SIKA waterproofing and an underground car park with charging for electric cars.
Batumi, GeorgiaHeadquarters
View LS Group

About Batumi

Georgia's Black Sea resort capital — branded beachfront living on the Adjara coast.

Batumi is the seaside capital of Adjara and Georgia's leading resort city, a fast-growing strip of the Black Sea coast where palm-lined boulevards, a historic Old Town and a wall of new towers meet the beach. The city drew around 2.6 million international visitors in 2025 — Georgia's second-most-visited destination after Tbilisi — and that tourism flow underpins one of the region's most active short-let markets. For foreign buyers the appeal is unusually direct: Georgia grants 100% freehold ownership of apartments to any nationality, with no residency requirement to purchase, title registered in a day or two, and a 5% flat tax on residential rental income. Branded beachfront supply — Radisson, Wyndham and similar hospitality-managed residences along the Gonio first line — is still limited, and a qualifying purchase from USD 150,000 opens a renewable residence permit. Off-plan turnkey homes start well under USD 100,000.
~7%Rental yieldBatumi State UniversityNearbyBatumi Navigation Teaching UniversityNearbyBatumi International Airport (BUS) · ~15 minDrive time
Explore Batumi

Location

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