Apartments and offices in Batumi
RED Residence & Business Level
Apartments and offices in Batumi on the New Boulevard
An apartment to live in, an office for your business and property for investment — in one business-class complex by the sea.
ABOUT THE PROJECT
RED — a residential and business complex on the New Boulevard in Batumi
RED is a business-class residential complex under construction in Batumi by the developer AB Development, located on Angisa Street in the New Boulevard district. The project is about 500 meters from the sea, next to Lech and Maria Kaczyński Park and the Metro City shopping center. This is a fast-developing part of Batumi with residential complexes, shops, cafés, public transport and infrastructure for permanent living and leisure.
The complex combines several property formats: apartments, offices, commercial premises and parking. The residential part of RED includes 1,012 apartments — from compact studios to apartments with one or two bedrooms. Sizes start from about 34 m². The building is connected to the gas supply, apartments have individual heating, and properties can be bought in several finishing options.
A separate focus of the project is commercial property in Batumi. The third floor is being developed as a self-contained office level, RED Business Level, with premises of roughly 34 to 340 m². The offices have a separate entrance and their own access system, and the layouts allow you to choose anything from a small office for one business to larger spaces. That is why RED is worth considering not only for buying an apartment in a Batumi new build, but also for buying an office for your own company or to lease out long term.
The lower floors of the complex are given over to shared and commercial amenities. The project includes a restaurant and café, fitness and SPA, a children's center, a supermarket, a pharmacy, service premises and a usable terrace. Underground and surface parking, gated grounds, a reception, security and CCTV are provided.
RED is a large mixed-use project: the residential, business and commercial parts share one building but are designed for different uses. A buyer can choose an apartment in the New Boulevard district, buy an office in a separate business zone, or treat property in the complex as an investment.
Construction of RED began in January 2024. Completion is scheduled for December 2028. During construction, the developer offers installments as well as different payment terms depending on the size of the down payment.
RED specifications
- Developer
- AB Development
- Status
- Residential complex
- Class
- Business class
- Address
- Angisa Street, Batumi
- District
- New Boulevard
- Construction start
- January 2024
- Completion
- December 2028
- Floors
- 27
- Apartments
- 1,012
- Plot area
- 5,920 m²
- Apartment sizes
- from ≈34 m²
- Apartment types
- Studios, 1- and 2-bedroom apartments
- Ceiling height
- 3 m
- To the sea
- ≈490–500 m
- Structure
- Monolithic frame
- Gas supply
- Yes
- Heating
- Individual gas
- Parking
- Underground and surface
- Grounds
- Gated
- Security
- Security and CCTV
- Office center
- RED Business Level, 3rd floor
- Office sizes
- 34–340 m²
- Infrastructure
- SPA, fitness, children's center, restaurant, café, supermarket, pharmacy, dry cleaner, usable terrace
WHAT ARE YOU LOOKING FOR?
An apartment or an office in RED
RED works for several scenarios at once: buying an apartment in Batumi to live in or rent out, buying an office for your company, or investing in commercial property and leasing it out.
To live in or rent out
Apartment
Studios and apartments with separate bedrooms in a gas-supplied complex 490 meters from the sea.
- Studios from 34.8 m²
- Apartments from $1,070/m²
- Installments until December 2028
For business and investment
Office
Offices on the dedicated RED Business Level floor — for your own company or as a rental asset.
- Offices from 34 m²
- Ready office finish
- 70/30 rental management model
LOCATION
RED on the New Boulevard
The RED residential and business complex is located on Batumi's New Boulevard, at 30–32 Angisa Street, in one of the city's main areas of modern development. The sea and the seafront are about 490 meters away. Nearby are Lech and Maria Kaczyński Park, the Metro City and Grand Mall shopping centers, supermarkets, pharmacies, banks, cafés, medical facilities and public transport stops. Thanks to this location, apartments in RED suit both permanent living and buyers considering property on Batumi's New Boulevard for holidays or to rent out.
The location is also attractive for anyone looking for an office or commercial property in Batumi. The New Boulevard keeps developing as a major residential and tourist district, so a steady audience of residents, property owners and visitors is forming around the complex. The third floor of RED houses a dedicated office center with premises for companies and private practices — IT teams, real estate agencies, law and consulting firms, medical and service professionals. In one project, you can buy an apartment on the New Boulevard or an office in Batumi, in a district with developed infrastructure and a high concentration of modern residential property.
Near RED
- 490 mThe sea
- 8 minutesSeafront promenade
- 8 minutesMetro City
- 6 minutesBank of Georgia and TBC Bank
- 5 minutesPublic School No. 14
- nearbyLech and Maria Kaczyński Park
- nearbyGrand Mall
- nearbyPublic transport
APARTMENTS
Apartments in RED Batumi
The RED Batumi residential complex on the New Boulevard offers apartments in several formats: studios, one-bedroom (1+1) apartments and more spacious two-bedroom options. In total, the project includes 1,012 apartments. Sizes start from about 34 m², so you can choose property in RED both to live in Batumi yourself and to buy for rental or later resale.
The most compact format is studios of about 34–36 m². This is one of the clearest options for buyers looking for a small apartment by the sea in Batumi or property to rent out. 1+1 layouts range from about 45 to 67 m² and separate the bedroom from the kitchen-living room. For family living, there are more spacious apartments with several living areas and a larger total area.
Apartments differ not only in size but also in their position in the building, floor and window orientation. You can choose options with views of the sea, the New Boulevard, the city or the mountains. Many layouts include balconies, and apartments with separate bedrooms have full kitchen-living rooms and storage space. When selecting, we can compare available RED apartments by size, floor, view, layout and total price.
RED is being built in Batumi's New Boulevard district, about 490 meters from the sea. That is why the project fits several popular search scenarios at once: buying an apartment in Batumi by the sea, buying a new-build apartment on the New Boulevard, choosing a studio to rent out, or buying a more spacious apartment for permanent living. Completion is scheduled for December 2028, and installments are available during construction.
Apartment formats
Studios
from 34.8 m²
1 bedroom
from 45.4 m²
Large 1+1
55–66.9 m²
2 bedrooms
from 89.1 m²
Leave a request — we'll select current apartments in RED Batumi to match your budget and show you available layouts, floors, views, prices and installment terms.
APARTMENT FINISHING
What condition you can buy an apartment in
Apartments in RED are offered in several finishing options, so you can choose a property either for your own renovation or with a ready finish.
The complex is connected to the gas supply, and apartments have individual gas heating. For anyone looking for a gas-heated apartment in a Batumi new build for year-round living, this is one of the key selection criteria.
Black Frame
The base condition for your own renovation.
White Frame
+$150/m²A prepared space ready for final finishing.
Premium Renovation
from $500/m²A ready interior solution starting from the black-frame condition.
Gas supply — yes
Individual gas heating in the apartments — comfortable for year-round living.
Finishing prices reflect the developer's current terms and may change. Confirm the exact price for your chosen apartment with a manager at the time of purchase.
APARTMENTS IN RED
Looking for an apartment in RED?
We'll select available apartments in RED to match your budget, size, floor, view and finishing level, and show you current floor plans, prices and installment terms.
RED BUSINESS LEVEL
Offices in Batumi for business and investment
An office in Batumi you can use as a business space or as a rental asset
Compact offices from 34 m², a ready finish and a rental management model.
COMMERCIAL PROPERTY
RED Business Level — offices and commercial property in Batumi
RED Business Level is a purpose-built office center within the RED complex on the New Boulevard in Batumi. Unlike commercial premises on the ground floors of residential complexes, here the entire third floor is designed as a separate business space with offices of different sizes — from compact units for small businesses and investment to large offices for companies and headquarters.
You can buy an office in Batumi at RED Business Level either to house your own company or as investment commercial property. The project offers offices of various sizes and layouts, so you can choose premises for a workspace, a company's representative office or a unit to lease out.
Its location on Batumi's New Boulevard, a modern complex and a dedicated office concept make RED Business Level an attractive option for anyone considering commercial property in Batumi to run a business, preserve capital or earn rental income.
Three office formats
34 m²
Invest Units
A compact office for a small business or to buy and rent out.
45–60 m²
Business Suites
An office for a team or a service company.
170–340 m²
Level Max
Space for large companies and headquarters.
We'll find you an office in RED Business Level
Leave a request — we'll send available offices with sizes, layouts, position on the floor, prices and purchase terms, and advise which format suits your business or rental plans.
NOT JUST RETAIL IN A RESIDENTIAL BUILDING
Dedicated infrastructure for office businesses
RED Business Level is designed specifically as office space. That makes the premises suitable for IT companies, law and consulting firms, real estate agencies, service businesses and other formats that need a proper office in Batumi.
The office level is designed for real estate agencies and tour operators, service companies, medical and IT companies, legal and consulting services, and small and medium-sized businesses.
Advantages of the office level
- Separate entrance
- Access from the car park
- 2 business-center elevators
- Panoramic windows
- Ready office finish
- Units can be combined
- Restrooms on the floor
- Private restroom in larger offices
- Water point — optional
READY OFFICE
Finished offices in RED Business Level
The offices are not handed over as empty commercial shells. The RED Business Level concept is a ready office product that you can adapt to your own business or prepare for rent without a full renovation from scratch.
The office floor is offered in a "green frame with renovation" condition: an office door, painted walls, flooring, power sockets, a lobby and a cabinet-style layout.
You are buying premises designed specifically for office use.
What the finish includes
- Office door
- Painted walls
- Flooring
- Power sockets
- Lobby
- Cabinet-style office layout
OFFICE INVESTMENT
An office in Batumi as a rental asset
An office in RED Business Level can be considered not only for your own business but also as a source of rental income. The project's investment model is based on a 34 m² Invest Unit office paid in full.
The 13.7% yield in this model is gross: $6,528 of annual rent divided by the $47,600 office price, before the management company's fee. After income is split under the 70/30 model, the owner keeps about $4,570 a year — roughly 9.6% per annum.
Investment calculation example
$47,600
example price of a 34 m² office*
$544/month
estimated rent*
13.7% p.a.
estimated gross yield*
≈9.6% p.a.
under the 70/30 management model*
Model assumptions
- Office area
- 34 m²
- Price with 100% payment
- $1,400/m²
- Estimated rental rate
- $16/m² per month
- Gross rental income
- $6,528 per year
*The calculation follows the RED Business Level investment model and is not a guaranteed return. The actual office price, rental rate, occupancy, taxes and costs may differ.
WHICH BUSINESSES
Who RED Business Level offices suit
Offices of different sizes suit both cabinet-style service formats and teams or companies that need a proper office in Batumi next to a large residential neighborhood.
IT and digital
Teams, developers, online businesses
Real estate
Agencies and brokerages
Legal services
Lawyers, notarial and advisory services
Consulting
Finance, accounting, business consulting
Beauty & wellness
Cabinet-style service formats
Service businesses
Companies serving local residents
RED INFRASTRUCTURE
Everything you need inside the complex
RED is designed as a mixed-use complex where residential, business and service infrastructure sit in one building.
- SPA and outdoor pool
- Fitness center
- Children's development center
- Restaurants and cafés
- Supermarket
- Pharmacy
- Dry cleaner
- Reception
- Workshop area
- Yoga space
- Usable rooftop
- Gated grounds
- Parking
GALLERY
RED in detail
Materials provided by AB Development for illustration purposes. The final appearance may differ from the images shown.
DEVELOPER
AB Development — the developer of RED in Batumi
AB Development LLC is a Georgian development company founded in 2021 that delivers residential and commercial property projects in Batumi. The developer specializes in modern comfort- and business-class complexes and builds in the city's up-and-coming districts.
One of AB Development's projects in Batumi is RED, a mixed-use complex on the New Boulevard. The project combines residential property with commercial infrastructure: the residential part comprises 1,012 apartments, while a dedicated level, RED Business Level, is given over to offices of various sizes.
For buyers considering new developments in Batumi directly from the developer, RED offers several property formats within one project — apartments to live in or invest in, as well as offices for your own business or to lease out.
Its location on the New Boulevard, the combination of residential and business functions and a choice of units of different sizes make the project suitable both for personal use and for investing in Batumi property.
AB Development projects in Batumi
The company's portfolio includes projects at 63 Ketevan Tsamebuli Street, 29 Besiki Street and Life Style at 53 Angisa Street.
PRICES
Apartment and office prices in RED
from $1,070/m²
apartments
from 34.8 m²
apartment area
from 34 m²
office area
The price of an apartment in RED depends on its size, floor, orientation, view, chosen finishing option and payment terms. Apartment prices start from $1,070 per m².
The price of an office in RED Business Level depends on the format and size of the unit. The project's investment model uses a price of $1,400/m² with 100% payment for a 34 m² Invest Unit office.
Paying for an apartment in full brings a discount of up to $80/m², so the final price is best calculated for a specific unit.
Leave a request — we'll send current RED apartments or offices with prices, areas, floors and payment terms.
Prices updated: October 2026.
INSTALLMENTS
Installment plan for an apartment in RED Batumi
You can buy an apartment in RED Batumi with a developer installment plan running until December 2028. The down payment is 10% to 30% of the price and depends on the chosen apartment and the terms of the specific unit.
Paying in full brings a discount of up to $80 per m².
We'll find the apartment and payment option for you
We'll select available RED apartments to match your budget and calculate several payment options — with the minimum down payment, a comfortable installment schedule or the maximum discount for paying in full.
Installment calculation example
Studio · 35.9 m² · $1,070/m²
- Apartment price
- $38,413
- Down payment — 20%
- $7,683
- Remaining balance
- $30,730
- Installment term
- until December 2028
- Payments left
- 26
- Monthly payment
- ≈ $1,182
With 100% payment
- Price with the $80/m² discount
- $35,541
- Saving
- $2,872
The calculation is an example. The number of remaining payments and the monthly amount are recalculated automatically based on the contract date. Current terms for the chosen apartment are confirmed at the time of purchase.
INVESTMENT
Investing in RED Batumi — return calculation
RED can be considered not only as property to live in but also as an investment on Batumi's New Boulevard. The potential result depends on the strategy you choose: renting out an apartment, capital growth during construction, or buying commercial premises.
Apartment rental income
Studio 35.9 m²
- Purchase price
- $38,413
- Average rent
- $600 / month
- Projected annual income
- $7,200
Estimated yield
18.7% p.a.
The calculation is indicative and depends on the season, occupancy, management costs and the actual rental rate.
Value growth by completion
Buying during construction · studio 35.9 m²
- Purchase price
- $38,413
- Estimated value at completion
- $44,175
- Potential gain
- $5,762
Estimated value growth
+15% on the purchase price
Base-case forecast of value growth by December 2028. The actual price at completion depends on the Batumi property market and is not guaranteed.
Office to let
RED Business Level office from 34 m²
- Purchase price
- $47,600
- Average rent
- $544 / month
- Projected annual income
- $6,528
Estimated yield
13.7% p.a.
Calculated using the RED Business Level investment model with 100% payment. The actual rental rate, occupancy, taxes and costs may differ.
We'll match a strategy to your budget
We compare available apartments and offices in RED by more than size and price. We can calculate several purchase scenarios: the initial investment, the installment schedule, potential rental income and the possible result on resale.
If RED turns out not to be the best fit for your goal, we'll compare it with other new developments in Batumi in the same budget.
VIEWING
See RED before you buy
In Batumi
We'll show you the location, the construction site and the available apartments and offices.
Buying remotely
We'll run an online viewing of the location and the specific available apartments and offices.
FAQ
Frequently asked questions about RED in Batumi
Buy an apartment or office in RED in Batumi
If you're considering buying an apartment or office in RED, we'll select available options to match your budget and purpose.
You'll receive an up-to-date list of apartments or offices with prices, areas and floors, floor plans, an installment calculation and — for offices — a potential yield calculation that takes the management model into account.
You can also compare RED with other new developments on the New Boulevard and across Batumi in a similar budget.
Get current RED offers
Apartments from $1,070/m² · offices from 34 m² · installments until December 2028
NEARBY
Other projects on the New Boulevard
Installments Available
Installments Available
Installments Available