Reside SELECT is an urban residential project in Chaobi, with delivery planned for 2029. Estimated rent is about $4,580 a year after taxes and maintenance, giving simple payback of roughly 14 years once regular letting starts. Its city setting may support longer stays. Buyers need to allow for construction time; the apartment's finish and actual rental demand will determine performance.
Reside SELECT plans gas supply, a courtyard, a playground and underground parking. Georgian-American School Batumi is about a 12-minute walk away, with 6 May Park around 18 minutes away. It is a future city home for buyers who prioritise everyday routes over a beachfront address. Delivery is planned for 2029, followed by the work needed to make the chosen apartment ready for occupation.
Overview
Reside SELECT in Batumi: a residential development at 55 Komakhidze Street due in 2029
Reside SELECT is a residential property under construction by Reside Development at 55 Mamia Komakhidze Street in Batumi. The developer's official project page describes a nineteen-storey city building with several apartment formats, parking and communal amenities. Completion is planned for 2029; HomeRadar also records the status as under construction. Buying here involves a period of waiting and potentially substantial apartment finishing, so it should be compared with ready homes on the basis of total cost and time to occupation.
Location and everyday life around Komakhidze Street
The building is planned in an existing urban environment on Mamia Komakhidze Street. HomeRadar places this address within its Chaobi district. Unlike a self-contained coastal resort, its appeal may rest on schools, everyday shops, public transport and routes to work rather than beachfront facilities. Real convenience needs to be assessed from the building's actual access point instead of relying only on the description of a central location.
A selected point on the shoreline is estimated to be about twenty-five minutes away. These are estimates from a mapped address point, not observed walks from the future main entrance; crossings and the final site layout may affect them.
For families, safe pavements, lighting, public transport and traffic volumes deserve attention. An individual or couple may prioritise access to cafés, employment and local services. It is worth walking through the neighbourhood at different times before purchase, because window orientation and exposure to the road will influence noise, daylight and natural ventilation in a particular apartment.
Architecture, engineering and planned amenities
Reside Development advertises nineteen floors, panoramic windows, four Shanghai Mitsubishi lifts, security systems and more than one hundred parking spaces. Its concept includes a courtyard, underground parking, a children's playground, a restaurant and a rooftop bar. Alucobond-type façade panels and aluminium doors and windows are specified in the marketing material. These should be treated as intended project features and checked against the binding technical schedule and final construction.
The developer also posts photographs from the early construction stages. This sequence helps illustrate the intended development process, but it does not replace the individual contractual handover date.
Advertised parking does not mean that every unit includes a private space at no additional cost. Buyers should request a parking plan, pricing and documentation for any allocated bay. Equally, it is important to know who will maintain the lifts, control access and manage common property, and whether access to leisure or catering areas will carry a separate fee.
Apartment layouts and handover specification
The proposed housing mix includes studios and homes with one, two or three separate bedrooms. This gives different types of household options for everyday occupation. Yet practical layout depends on more than bedroom count: examine the bathroom, kitchen, balcony, storage and window positions, and check whether the plan accommodates actual furniture and working space.
HomeRadar holds a dated research example of a 40.9 m² apartment offered at 1,150 US dollars per square metre at the time of collection. It was described as black-frame delivery, excluding renovation. This is a single recorded example, not a verified current inventory or a price commitment across the project. Obtain a current quotation, floor plan and written specification for the particular apartment being considered.
Handover options mentioned for Reside SELECT include black frame. 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.
Developer: Reside Development
Reside Development operates in residential and apartment property around Batumi and Chakvi. Its published portfolio includes DreamSide, Dream Residence, Breeze, Riverside and other developments, although its role as developer, partner or property manager differs between projects. Reside SELECT is positioned as urban housing for everyday occupation rather than solely as a seasonal tourist property.
The wider group is active in property management, but that does not prove that every SELECT apartment automatically receives a hotel operator or rental agreement. Construction, unit sales, maintenance of shared parts and management of an owner's private letting are distinct services. Any guarantees or obligations should appear in the relevant signed documents.
Living, letting and ownership costs
For future residents, the main appeal of Reside SELECT is a city address and a selection of plans for different households. The proposed playground, restaurant and courtyard could add convenience if delivered as advertised. The principal limitation is the construction stage: occupation and inspection of operating systems must wait until delivery and finishing, while actual building costs and management practices remain unproven.
It should be treated as a preliminary term needing confirmation against the approved tariff and contract, not a fixed universal cost. The developer advertises interest-free instalments with an initial payment, but the current schedule, payment currency and penalties need to be established for the specific offer.
Subsequent demand will depend on renovation, size, price, layout and management. Rental figures from Reside's coastal holiday projects cannot be assumed to describe SELECT's prospective tenant market.
Frequently asked questions about Reside SELECT
When is Reside SELECT expected to be completed?
Reside Development currently gives 2029 as the intended completion year. The precise date for the chosen apartment, extension provisions and acceptance process must be confirmed in the purchase contract.
How many floors and which facilities are planned?
The developer advertises nineteen floors, four lifts, over one hundred parking spaces, a courtyard, playground, restaurant and rooftop bar. They remain planned project features until delivery, with access rules and charges to be established.
Are apartments delivered ready to move into?
Finishing standards may vary by offer and agreement. Without confirmed internal works, engineering completion and furnishings, a buyer should not assume that a delivered unit will immediately be ready for occupation.
Project details
Finish options
Utilities
Construction technology
Elevators
Infrastructure
Parking
Security & Safety






Chaobi District: Batumi’s Dynamic Business and Transport Hub
This area stretches along one of Batumi’s main thoroughfares, running from the city centre toward the bypass road and the city’s outer districts. It is home to numerous offices, banks, major shopping centres such as Metro City and Goodwill, government institutions, and a wide range of everyday services. The district offers a vibrant, fast-paced urban lifestyle with convenient access to business and daily infrastructure.
Pros: Well-developed local infrastructure, including supermarkets, pharmacies, clinics, banks and schools nearby; convenient access to the main highway and bypass road; modern business centres; and panoramic views of the city, sea and mountains from many upper-floor properties.
Cons: Traffic noise and traffic-related air pollution may be noticeable along the busiest roads, particularly during peak hours. The beach is typically around 5–10 minutes away by car, depending on the property’s exact location and traffic conditions.
✅ Who it suits: Business professionals and remote workers who value proximity to offices and co-working spaces; families looking for schools, clinics and everyday amenities within easy reach; and buyers who regularly use a car and appreciate convenient transport connections.
Nearby travel times
Reside Development is a Georgian development and partnership company founded in 2021. It works with residential and apartment property in Batumi and Chakvi, combining its own projects, marketing for partner developments and subsequent management. Sulkhan Palavandishvili is its founder and CEO.
Development in Chakvi and Batumi
The company's development business in Chakvi is represented by DreamSide. Its portfolio also includes Dream Residence Chakvi. They represent its serviced apartment business on the Black Sea coast. Expansion into Batumi continues this specialization and adds urban housing to its resort formats.
The portfolio it presents also includes Breeze Chakvi, DEST // Asatiani, DEST // Corner and Reside SELECT. These projects illustrate the geography of its development and partnership work: Chakvi and central residential areas of Batumi.
Partner developments
Alongside its own development activity, the company promotes property by other developers. Reside Management handles project positioning, marketing, sales and client support.
Riverside New Boulevard on Angisa Street in Batumi provides a specific example. Real Palace is its developer, while Reside presents it in its partner portfolio and offers sales and management services.
Management and company profile
Reside Rentals handles property management, including reservations, guest communication, cleaning and operational tasks. It is a separate business complementing development and sales.
Reside's model combines property development, promotion of partner projects and ongoing services. It specializes in residential and serviced apartment formats in Batumi and Chakvi. Its own projects, Reside Management and Reside Rentals form different parts of this model, connecting development with commercial support and property operations.
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Reside Select
Batumi, Chaobi, Akademikos Mamia Komakhidze Street, 55-63
Financing
Bank
TBC Bank
Terms
Mortgage available; term up to 15 years; down payment 30%
Provider
Reside Development
Terms
Installment up to 6 months; down payment 30%