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Details

Price from /m²
$1,700
Built
100%
Handover
Completed · Q3 2027
Flats
520 flats
Floors
41 floors
Location
Sherif Khimshiashvili St, 5, Batumi

Price vs the market

8% below the Khimshiashvilis Ubani median

$1,700/m² against a median of $1 838/m² across 14 new-build projects in Khimshiashvilis Ubani.

Developers’ published “from” prices on Sivrce — the entry price, not an average.

Nearby new builds comparedNew-build projects within 5 km — price, handover and construction progress
ProjectFrom /m²HandoverBuiltDistance
Alliance PalaceThis project$1,700Completed · Q3 2027100%—
Graphic ResidenceLTD Black Sea Tower$2,300Q4 202736%97 m
Ramada ResidencesX2 Development$3,175Q4 202935%127 m
Intourist ResidenceBatmsheni Building Company$1,600Completed (2023)100%226 m
Dar TowerDar Building$1,300Completed (2019)100%256 m
Avant-garde by OrbiORBI Group—To be announced90%302 m
Subtropic CityGumbati Group$2,468Completed (2016)100%308 m

Building in 3D

3D xəritə yüklənir…

41 floors · 520 flats · 100% built · hover a floor

Məhəllə

Rahat piyada

Piyada84

Area

Country
Georgia
City
Batumi
Neighborhood
Rustaveli District
Address
Sherif Khimshiashvili St, 5, Batumi
To Center
3.5 km · ~8 min
15-Min Living
382+ spots walking
Air & Ecology
AQI 27 · Clean Air

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About the project

Alliance Palace is a premium high-rise on Heroes’ Alley near the Boulevard: panoramic sea views, a lobby reception and hotel-standard service.

More projects — Alliance Group

Estimate a mortgage

$85 000
$25 500
10.0%
20 years
Monthly payment
$574
Loan amount$59 500
Total interest$78 305
Total repaid$137 805

Indicative figure calculated with the standard annuity formula — not a bank offer.

Spotted an inaccuracy? Tell us

Frequently asked questions

How much is a square meter in Alliance Palace?

Prices in Alliance Palace start from $1,700/m². Location: Sherif Khimshiashvili St, 5, Batumi. New-build prices in 2026 vary by floor, view and frame condition.

When will Alliance Palace be handed over?

Handover date: Completed · Q3 2027. Construction progress: 100%. Total 520 flats, up to 41 floors.

Which frame condition are apartments sold in at Alliance Palace?

New developments in Georgia are typically sold in three conditions: black frame (shell only), white frame (ready for renovation — plaster, wiring, screed) and green frame (near-complete). Confirm the exact condition for Alliance Palace with the developer's sales office.

Can I buy an apartment in Alliance Palace with an installment plan or mortgage?

You can buy in Alliance Palace with a developer installment plan (typically 10–30% down, payments until handover) or a bank mortgage. Confirm details with the developer or contact us on Sivrce.

Who builds Alliance Palace?

Developer: Alliance Group. Full profile, other projects and reviews: sivrce.ge/developers/alliance-group.

Is buying in Alliance Palace a good investment?

Buying under construction is usually cheaper than a completed unit — prices rise toward handover. Rental yield and ROI in Batumi depend on the district and frame condition; compare similar projects on Sivrce.

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