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The Parallel by Metropol, Alley of Heroes Batumi

19-23 Tbel Abuseridze Street, Batumi, Adjara, Georgia
Q4 2027
Handover
32.5 m²
From size
Studio, 1–2 Bedroom, Penthouse
Layouts
Alley of Heroes, Batumi, Batumi · Studio, 1–2 Bedroom, Penthouse · from 32.5 m² · handover Q4 2027 · starting at 84,944USD

About the project

The Parallel is a pair of 35-floor residential towers at 19 to 23 Tbel Abuseridze Street in Batumi, built by Metropol. They stand in front of the Adjarabet Arena, in the Alley of Heroes district, 500 metres from the beach, with the House of Justice, the Dancing Fountains, Black Sea Mall and the Alley of Heroes itself close by.

Each floor holds only seven to eleven apartments, from studios of 32.5 m² to penthouses of up to 184 m², with seven penthouses at the top of each tower. The towers are turned to catch the morning sun, and their windows look out over the arena, the mountains and the sea. Three lifts from leading manufacturers serve each tower, parking is underground, and a reception with concierge service and round-the-clock video surveillance look after the buildings. Around them are landscaped grounds with lawns, trees, walking alleys and street lighting.

Apartments are handed over in black frame, ready for the owner's own finish, with the entrance door and locks, all central engineering connections and a tiled balcony included. Metropol sells with 20% down and interest-free instalments, and completion is planned for December 2027.

  • Location 19 to 23 Tbel Abuseridze Street, facing the Adjarabet Arena
  • Towers two, of 35 floors
  • Per floor seven to eleven apartments
  • Finish black frame, balcony tiled
  • Handover December 2027

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

Additional details

Detail Value
Developer Metropol
Location Alley of Heroes, Batumi, Batumi
Unit types Studio, 1–2 Bedroom, Penthouse
Handover Q4 2027

Investment & payment plan

Freehold
Ownership
Dec 2027
Handover
Black frame, with entrance door and tiled balcony
Finishing
Underground
Parking

Unit types & pricing

TypeSizePrice from
Studio Apartment32.5–33 m²—
1-Bedroom Apartment46–54.8 m²84,944USD
2-Bedroom Apartment79–83.8 m²—
Penthouse—

Payment plan

20% down, 40% interest-free, 40% on completion
  • 20%Initial paymentOn signing
  • 40%Instalments0% interest until November 2027
  • 40%On completionDecember 2027

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

The developer

Metropol
From Tbilisi suburbs to Batumi towers.
Metropol develops residential, investment and suburban projects across Tbilisi and Batumi, with 545,000 m² of construction and more than GEL 1.05 billion invested. In Tbilisi it has built in Lisi, Shindisi, Nadzaladevi, Kavtaradze, Ortachala, Vera, Vake and Bagebi; in Batumi it is building three towers around the Alley of Heroes, two of them with a five-star Royal Tulip hotel of the Louvre Hotels Group, for which Metropol is the exclusive representative in Adjara.
Tbilisi, Georgia (Batumi sales office: 7 J. Shartava Avenue)Headquarters
View Metropol

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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