Under construction
$1,130per m²
Red by AB Development, photo 1Price from
$39,780US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.$1,132 per m²
cheaper than 95% of city projects: -53%Data verified Aug 8, 2026 · price source: developer partner network · updated 2 mo. ago
- Properties
- Townhouse
- Area
- 34 - 97 m²
- Bedrooms
- 1 - 2
- Completion
- Q4 2028
- Readiness
- Under construction
- Dry season
- May, Apr, Jul
- First instalment
- 30%
Price
Is this expensive for the city
$1,132 per m², Batumi median $2,391
Median $2,391This project $1,132
$1,055$8,505
-53% vs the city median (Batumi), sample of 23 projects. cheaper than 95% of city projects.
Rate as of 2026-10-14, city data updated 2026-10-14. Prices converted to US dollars at the quote-date rate. Source: Housebook catalogue. The scale is logarithmic.
The cost of this project
A breakdown of this project for your budget and goals
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What it really costs
Payment plan
- 30%Step 1 · On contract$11,934
- 70%Step 2 · Before commissioning$27,846
- Total
- 100% · $39,780
The developer may revise the payment schedule. Confirm the current terms before the deal.
ROI Calculator
$19,890$193,224
$0$600
A 6% annual yield estimate. We do not have market rental rates for this city yet. Check the real rate with your agent.
40%100%
0%20%
- Monthly income
- $87
- Annual income
- $1,042
- Gross yield
- 5.7%
- Net yield
- 2.6%
- Value in 5 years
- $53,235
- 5-year ROI
- 47%
See calculation details
- Gross annual rent
- $2,280
- Common area fee
- -$810
- Tax (10%)
- -$228
- Agent commission
- -$200
- Net annual income
- $1,042
Read moreCollapse
Calculations are estimates based on average market data. Actual returns may vary. This is not financial advice.
When is the season here
Driest months: May, Apr, Jul Wettest months: Oct, Nov, Dec Dry months per year: 6. A month counts as dry when its rainfall is below the annual median of monthly rainfall.
Rainfall, mm per monthTemperature, °C
Show monthly table
| Month | Temperature, °C | Rainfall, mm |
|---|---|---|
| Jan | -0.6 | 115 |
| Feb | 0.6 | 87 |
| Mar | 3.9 | 96 |
| Apr | 8.3 | 68 |
| May | 13.6 | 61 |
| Jun | 17.6 | 70 |
| Jul | 20.1 | 68 |
| Aug | 20.9 | 72 |
| Sep | 17.6 | 121 |
| Oct | 12.9 | 140 |
| Nov | 6.7 | 139 |
| Dec | 1.6 | 127 |
Source: NASA POWER, climate normal (2001-2020). Grid node 41.6, 41.6. This is a multi-year normal, not a weather forecast.
About the project
- Properties
- Townhouse
- Completion
- Q4 2028
- Status
- Under construction
- Area
- 34 - 97 m²
Description
AB Development is building Red by AB Development in Batumi, Georgia, in the Autonomous Republic of Adjara. The project is under construction, with completion scheduled for December 2028.
The townhouses on offer come with one or two bedrooms. Unit area ranges from 33.9 sqm to 97 sqm, covering compact one-bedroom layouts as well as larger two-bedroom formats.
Prices start at 39,780 USD and reach 161,020 USD, with a price per square meter of 1,132 USD. The spread between the smallest and largest units reflects the difference between the one-bedroom and two-bedroom layouts available.
The project sits in the Adjara region, with Batumi as the city where construction is taking place.
This description was prepared with the help of artificial intelligence from developer data and public sources. Please check key figures and terms with our adviser.
Price in your currency
Rate: 1 USD = 1 USD≈ $39,780Rate as of 2026-10-14
Denominated in USD - a natural hedge against a weakening USD.
Sources: exchangerate-api.com
Location
Batumi, Georgia
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