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The Parallel in Batumi: the full project guide

Facing the stadium in Old Batumi, The Parallel pairs the Royal Tulip hospitality offer with an entry price of GEL 162,518 and two payment options, including up to 60 days of personal use a year per the developer.

· By Orven Properties · 4 min read
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The Parallel, Old Batumi, Batumi
Pictured: The Parallel, Old Batumi, Batumi

Facing the stadium, in the centre of Old Batumi

The Parallel, developed by Metropol, sits on Tbel Abuseridze St, facing the stadium, in the Old Batumi zone. The project offers apartments from 32.5 to 110 sqm, paired with Metropol's Royal Tulip hospitality offer, with a rental programme that includes, according to the developer's own description, up to 60 days of personal use per year for the owner.

This guide uses only the facts published on the project's Orven page. For the Old Batumi zone as a whole, see the Batumi destination page and Destinations.

The published facts

ItemDetail
DeveloperMetropol
AddressTbel Abuseridze St, facing the stadium, Old Batumi
Typologiesapartments 32.5 to 110 sqm
Hospitality offertied to Royal Tulip, up to 60 days of personal use a year per the developer
Entry pricefrom GEL 162,518
Payment plan20% down, or 0% down with the balance at completion
Deliveryon request
Statuson plan

Price and the two payment options

The published entry price is GEL 162,518. Two payment options are published: a 20% down payment, which works out to GEL 32,503.60 on this entry price, followed by a balance settled on a schedule confirmed by your adviser; or a 0% down option, with the full price settled at project completion. The page notes that prices are published unit by unit on the developer's own platform, which means the exact rate for a given unit may differ from the announced entry price depending on floor, view or size.

The 0% down option, with no payment at all before completion, is a relatively uncommon structure in the Batumi collection: most other projects ask for at least a modest down payment. It may appeal to a buyer who prefers to commit nothing until the unit is actually delivered.

The Royal Tulip offer and the 60 personal-use days

The Parallel is paired with Metropol's Royal Tulip hospitality offer, with a rental programme that includes, according to the developer's own description, up to 60 days of personal use per year for the owner. That is a different structure from other branded residences in the collection, such as Pontus Rotana, where rental income is pooled across all rooms according to the developer. For The Parallel, the exact management contract terms, the share of rental income returned to the owner, and the associated charges are to be specified by the developer and confirmed with your adviser before reserving. For how a hotel-branded residence generally works, see our guide is a branded residence worth it?.

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A delivery date not yet published

No delivery date is published for The Parallel to date, which puts it in a position similar to Ambassadori Batumi Island or Panorama Batumi, two other projects in the collection that have not yet announced a timeline. Your adviser lets you know as soon as the developer communicates a date.

Who this project suits

The Parallel suits a buyer drawn to the combination of an already published entry price, a flexible payment option (20% or 0% down) and a Royal Tulip hospitality offer with possible personal use. That is a different profile from a buyer purely focused on continuous rental income, for whom the 60 personal-use days represent a constraint rather than a benefit: in that case, comparing with a project that has no structured rental programme, such as Mardi Residence, may be worth doing.

What to check before reserving

  • The exact price of the unit you want, published unit by unit and potentially different from the GEL 162,518 entry price.
  • The precise schedule for the balance under the 0% down option.
  • The Royal Tulip management contract terms: income share, charges, conditions attached to the 60 personal-use days.
  • The delivery date, not published to date.
  • Title registration through NAPR and a contract review with a local lawyer.

Working with Orven

  1. Tell your adviser the typology and size you are after, between 32.5 and 110 sqm.
  2. Flag whether you prefer the 20% down option or the 0% down option with the balance at completion.
  3. You receive the Royal Tulip management contract detail for review.
  4. You reserve once the exact unit price and schedule that suit you are confirmed.

Message Orven on WhatsApp at +971 52 776 1939 or by email at sales@orvenproperties.com for an update on The Parallel.

FAQ

What is the entry price for The Parallel? From GEL 162,518, according to the project page. The exact price of a given unit is published unit by unit and may differ from this entry figure.

What does the 20% down payment amount to? GEL 32,503.60 on the GEL 162,518 entry price. The schedule for the balance is confirmed with your adviser.

Are the 60 personal-use days guaranteed? The page describes, according to the developer, up to 60 days of personal use per year under the Royal Tulip offer. The exact terms are confirmed with the developer and your adviser.

Can I buy with no down payment? Yes, a 0% down option is published, with the full price settled at project completion.

When will the project be delivered? No date is published to date. Your adviser lets you know as soon as the developer communicates a timeline.

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ORVEN PROPERTIES

Talk to an Orven adviser

Leave your number: an adviser calls you back or replies on WhatsApp, in your language. No commitment.

Phone (WhatsApp)

Frequently asked questions

What is the entry price for The Parallel?

From GEL 162,518, according to the project page. The exact price of a given unit is published unit by unit and may differ from this entry figure.

What does the 20% down payment amount to?

GEL 32,503.60 on the GEL 162,518 entry price. The schedule for the balance is confirmed with your adviser.

Are the 60 personal-use days guaranteed?

The page describes, according to the developer, up to 60 days of personal use per year under the Royal Tulip offer. The exact terms are confirmed with the developer and your adviser.

Can I buy with no down payment?

Yes, a 0% down option is published, with the full price settled at project completion.

When will the project be delivered?

No date is published to date. Your adviser lets you know as soon as the developer communicates a timeline.

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