Batumi Concept offers a smaller residential format in Old Batumi. The rental model estimates about $6,260 a year after taxes and maintenance, implying simple payback of roughly 35 years once regular letting begins. Delivery is targeted for Q4 2026. It may be more appealing to buyers who value the address and personal use, since the current scenario suggests a long investment recovery period.
Batumi Concept is under construction at 27–29 Vazha-Pshavela Street in Old Batumi. Mapped walks are about eight minutes to 6 May Park, six minutes to a school and five minutes to kindergarten No. 4. Plans include gas supply, a roof terrace and underground parking. Its smaller scale may suit buyers who want to walk to everyday destinations. Delivery is targeted for Q4 2026.
Overview
Batumi Concept in Old Batumi: apartments on Vazha-Pshavela Street, amenities and handover
Batumi Concept is an eight-storey residential development under construction at 27–29 Vazha-Pshavela Street in Batumi's historic centre. The project by LS Group offers a relatively small residential building designed to combine contemporary engineering with architecture suited to the surrounding older streets. HomeRadar lists Q4 2026 as the delivery period. It may appeal to buyers who value a central, walkable neighbourhood and a smaller building rather than a large coastal resort tower.
Location and surroundings
The property is in Old Batumi, on Vazha-Pshavela Street. Buyers should verify the final address and cadastral identification of their particular apartment against the purchase documents. The Old Town combines historic buildings, cultural venues, restaurants and everyday city services, although the experience of living here extends beyond the tourist attractions.
Verified HomeRadar walking routes indicate approximately 13 minutes to the boulevard and seafront and eight minutes to 6 May Park. A grocery shop is about seven minutes away, a pharmacy two minutes, Kindergarten No. 4 five minutes and a school six minutes. These are estimates along pedestrian routes, not straight-line distances; the exact building entrance and route taken can affect the result.
The location makes many daily journeys possible without a car. At the same time, Old Batumi has busy streets, closely spaced buildings and parking constraints. Before choosing a unit, consider the direction of its windows, daylight, neighbouring plots and evening street activity. Floor level and orientation may matter as much as the central address itself.
Architecture and building amenities
Batumi Concept is an eight-storey building with natural-stone and bronze details intended to complement its historic surroundings. Buyers should consider outlook, noise and entrance convenience.
The development plans include a minimalist entrance lobby, a landscaped rooftop terrace with recreation and exercise spaces, CCTV for shared areas and ongoing building management after construction. The developer describes a Finnish-made lift with backup power, video control and direct access to the underground car park. Gas supply and composite-pipe water installations are also included in the published engineering specification.
For the underground parking, the developer names SIKA waterproofing, electric-vehicle charging facilities and bicycle storage. These design features do not establish that every apartment automatically includes a parking space or free use of charging equipment. Confirm the allocation and price of parking, the operating charges, roof-terrace access and which shared services will actually be available after opening.
Apartment layouts and finishing options
HomeRadar records apartment areas of approximately 52.1–169.8 m². The advertised range includes multi-room layouts and larger homes rather than focusing mainly on very small studios. The availability and asking price of any particular unit should be confirmed independently, since the project page and the seller's current inventory may not always be updated at exactly the same time.
Handover options mentioned for Batumi Concept include white frame, turnkey. Confirm which work is complete and whether the price includes fitted bathrooms, a kitchen, furniture and appliances. For an existing apartment, an inspection of the actual unit is essential.
For permanent living, pay attention to daylight, ventilation, bedroom count, storage and sound insulation. The Old Town has an irregular mix of neighbouring buildings, so apartments of the same size can provide different views and noise conditions depending on whether windows face a street or an interior courtyard. Families may prioritise lift and parking arrangements; prospective landlords should also consider a practical layout and clear management rules.
Developer: LS Group
LS Group is a residential developer associated with Batumi since 2017 in HomeRadar's records. Batumi Concept is its confirmed current development. The official project website describes a team whose members have participated in well-known buildings in Batumi. That team experience should not be treated as proof that all those buildings were developed directly by LS Group.
For a comparison with another smaller building in the historic centre, consider Next Downtown, which is already completed. Batumi Concept has a different developer, building design and completion stage. Buyers should therefore assess LS Group's own project documentation, construction progress and contractual delivery commitments rather than relying solely on the wider experience of individuals named in its marketing.
Living and rental potential
Batumi Concept's main appeal is its Old Batumi address combined with a modest building scale, proposed shared spaces and carefully specified engineering. Everyday destinations such as parks, shops and schools are accessible on foot. The central setting could also attract tenants seeking a city-based stay, but location alone cannot guarantee year-round bookings or a particular return.
The immediate issue is the actual completion status. As 1 October has passed, completion and handover should not be asserted without current supporting documentation. The apartment cannot be occupied or generate rental income before delivery and any necessary finishing work.
When comparing offers, account for the chosen finishing package, separate parking rights, ongoing maintenance of the roof terrace and common areas, and rules for independent letting. The buying decision should centre on the location, practical building features and the actual unit rather than assumptions about hotel-style services or guaranteed rental performance.
Frequently asked questions about Batumi Concept
When will Batumi Concept be ready to move into?
Current documentation confirming commissioning and apartment handover has not been established. Before purchase, obtain the contractual delivery date and evidence that the particular unit will be ready in the agreed condition.
Does Batumi Concept include underground parking and a rooftop terrace?
Both are planned features. The developer also advertises electric-vehicle charging and bicycle parking. The availability, price and allocation of a particular space, as well as access to the terrace, require separate confirmation.
What finishing condition is offered at Batumi Concept?
Published options include white-frame and turnkey apartments. The contract and the unit specification should set out exactly what is included, whether furniture or appliances are provided, and when the apartment can actually be occupied.
Project details
Finish options
Utilities
Construction technology
Elevators
Infrastructure
Parking
Security & Safety
Old Town: Historic Charm in the Heart of Batumi
Batumi’s Old Town is one of the city’s most distinctive and atmospheric districts, known for its narrow cobblestone streets, 19th-century architecture and proximity to the seaside boulevard. The area is home to the port, Europe Square, popular restaurants, cafés and souvenir shops, creating a lively urban atmosphere throughout the day and evening.
Pros: Excellent walkability, with major attractions, restaurants and the waterfront close by; a unique historic atmosphere; sea, city and mountain views from selected properties; and strong demand for short-term rentals due to the central location.
Cons: Street noise can be noticeable, particularly in the evening and during the tourist season. Parking is limited, property prices are generally among the highest in Batumi, and many older buildings may require renovation or additional maintenance.
✅ Who it suits: Investors focused on short-term rental demand in central Batumi; international buyers and expats who value historic architecture and an authentic urban atmosphere; and younger residents who prefer a walkable lifestyle without relying on a car.
LS Group is a residential developer active in Batumi since 2017. Its confirmed project is Batumi Concept, an eight-storey residential building at 27–29 Vazha-Pshavela Street in central Batumi.
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Batumi Concept
Batumi, Old Batumi, Vazha-Pshavela St. 27-29