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Details

Price from /m²
On request
Handover
Flats
—
Floors
27 floors
Location
Iordan Metaksas St. 3–5, Batumi

Price vs the market

Nearby new builds comparedNew-build projects within 5 km — price, handover and construction progress
ProjectFrom /m²HandoverBuiltDistance
Park ResidenceThis project————
Gumbati GorgasaliGumbati Holding—Under construction—103 m
MidtauniGumbati Group—Q1 2026100%133 m
MidtownGumbati Holding$2 200Q4 202687%133 m
Comfort HouseComfort Building₾1 750Completed (2024)100%149 m
Belle Maison ChavchavadzeElystra Development₾1 490Q1 2028—169 m
JM TowerUniversam₾1 200Q4 2029—311 m

Building in 3D

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27 floors · — · Under construction · hover a floor

Neighborhood

Walker’s Paradise

Walk99
Mobility Score · Well connected63
  • Metro — Not within reach0/30
  • Bus — Lines within 500 m: 1940/40
  • Rail — Batumi-Central · 4.3 km8/15
  • Airport — BUS · 4.4 km15/15
How it is scored

Metro: full points within a 500 m walk, none past 1.5 km. Bus: 4 points per line stopping within 500 m. Rail station: full within 1.5 km, none past 8 km. Airport: full within 15 km, none past 60 km.

Transit network: OpenStreetMap, 2026-10. Measures access, not live service.

Your commute

Add your work or school — every listing shows how far it is.

Area

Country
Georgia
City
Batumi
Neighborhood
Batumi
Address
Iordan Metaksas St. 3–5, Batumi
To Center
3.8 km · walk ~48 min · transit ~18 min · drive ~12 min
15-Min Living
780+ spots walking
Air & Ecology
AQI 36 · Clean Air

Nearby

About the project

Park Residence is Tower Group’s planned tower at 3–5 Iordan Metaxa St: 19,469.7 m² total, 10,485 m² residential, ~94 m tall. Presale coming soon.

More projects — Tower Group

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Frequently asked questions

How much is a square meter in Park Residence?

Park Residence — Iordan Metaksas St. 3–5, Batumi. Prices are available on Sivrce.

When will Park Residence be handed over?

Handover date: .

Which frame condition are apartments sold in at Park Residence?

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 Park Residence with the developer's sales office.

Can I buy an apartment in Park Residence with an installment plan or mortgage?

You can buy in Park Residence 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 Park Residence?

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

Is buying in Park Residence 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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