Description of object:
Status House is a new residential and investment project by ELT Group, located in the New Boulevard area of Batumi within the prestigious ELT Quarter. The project was specifically developed for permanent living and long-term rental opportunities, combining modern comfort with strong investment potential.
This modern and furnished studio apartment is situated on a high floor and offers a practical, efficient layout with a main living and sleeping area, bathroom, and private balcony. It is an attractive option for buyers seeking an interesting entry into the Batumi real estate market—whether for personal use, rental income, or future resale. Construction began in 2025, with completion scheduled for 2028. Purchasing at this stage gives investors the opportunity to enter the project before completion, with flexible payment options.
Fixture and fittings:
The studio layout is designed to be comfortable, functional, and easy to maintain. The apartment is handed over furnished and includes a main living and sleeping area, a bathroom, and a balcony, creating a compact yet practical space for everyday life or for rental guests.
Thanks to the efficient layout, furnished concept, and location on a high floor, the apartment is very well suited for long-term rentals, vacations, or personal use in Batumi. The balcony provides additional value, creates outdoor space, and contributes to a more open living atmosphere.
Location:
Status House is located on New Boulevard in Batumi, one of the city's developing and attractive areas for living and investment. The project is part of ELT Quarter and offers owners access to a larger residential environment with modern infrastructure and future growth potential.
Another major advantage is its proximity to the beach: the project is just a few minutes' walk from the sea and the promenade, making the property especially attractive for both living and renting out. The complex offers comprehensive management and rental services, 24/7 lobby and concierge support, modern sports facilities including tennis and volleyball courts, as well as dedicated children's play areas. Owners also benefit from preferred access to premium services and infrastructure in other blocks of ELT Quarter.
Miscellaneous:
Status House is particularly attractive to investors because it is designed for permanent living and long-term rental demand, while also offering modern amenities, professional management, and a developing location in Batumi. The project offers flexible payment terms, including internal installment options, making it accessible to various buyer groups.
Purchasing at an introductory price before the project's completion can be a significant advantage for investors. In an early construction phase, prices are generally more attractive than for completed properties or units in later phases. As construction progresses and the development nears completion, developers often adjust prices according to demand, availability, floor level, view, and market conditions. Additionally, the attractiveness of the location is expected to increase with further infrastructure development in the surrounding area, which can also support future price growth. This means early buyers can benefit from potential value appreciation even before the building is finished and have the opportunity to secure a preferred unit, layout, floor, and view while more options are still available.
Batumi continues to attract international buyers thanks to its growing tourism sector, relatively affordable property prices compared to many European coastal destinations, a straightforward purchasing process for foreign buyers, and low ownership costs. The area around New Boulevard is rapidly developing and increasingly popular among residents, tourists, and investors.
This modern furnished studio on a high floor can be an excellent option for buyers seeking a compact, easily rentable property in a growing area of Batumi. We also have other available options in Status House, including studios as well as 1- and 2-bedroom apartments with various layouts, views, sizes, and price levels. Please share your preferences with us, and we will help you select the most suitable unit based on your goals and budget.
As a fully established real estate agency based in Batumi, we offer our clients the advantage of direct local expertise and personalized support. Our experienced team is available year-round to organize private viewings, provide market insights, and guide buyers through every stage of the purchasing process.
Prices and availability are subject to change without prior notice and depend on the developer’s decisions as well as current stock.
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