House at 324 Davit Agmashenebeli [ref. $35000]

Description of the ‘House on Davit Agmashenebeli 324’ development

House at 324 Davit Agmashenebeli Street — is a 12-storey residential building on the Kobuleti coast, constructed using monolithic frame technology, which ensures a high margin of strength and durability for the structures. The building’s architectural appearance is based on the contrast between the cool-toned cladding and the terracotta vertical accents that define the corner edges from the ground floor to the roof — a design feature that makes the building stand out against the more understated surrounding developments. Ceiling heights in the flats reach 3 metres, whilst the panoramic windows and well-designed European-style layouts fill the space with light and create a sense of spaciousness. The building offers flats ranging from studios to three-room units, making it a versatile solution for holidays, long-term living and investment.

The infrastructure and landscaping are designed in line with the concept of a gated holiday community. The inner courtyard is off-limits to unauthorised visitors; vehicle access is controlled by a barrier and CCTV systems, whilst underground and surface car parks are provided for residents. Plans for the site include a children’s playground with a safety surface, an outdoor fitness area, landscaped areas for quiet relaxation, and a green roof that can be used as an open-air space for walks. The flats are handed over in a condition ‘white frame’: The floor screed has been laid, the walls have been prepared, the utility services have been installed, and the windows and front door have been fitted — all that remains for the owner is the finishing work, which reduces the initial costs and allows the property to be brought onto the rental market more quickly.

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Payment plan

Cost from ₾90 853

Terms and payment plans change regularly, our specialist will provide up-to-date information.

Initial instalment

30%

Interest-free instalments from the developer

70%

Location

The complex is situated on 324 David Agmashenebeli Avenuetotal in 60 metres from the Black Sea coastline, providing direct access to the beach and the sea air. The neighbourhood is characterised by quiet, mid-rise buildings with no major industrial sites, whilst shops, cafés, chemists, the Central Hospital and the ‘Chele Arena’ stadium are all within walking distance; Schools Nos. 2 and 3 are also situated in this part of the city, which is important for families with children. Transport links are provided by a bus stop at 100 metres (bus no. 1 and minibuses), the railway station is a 20-minute walk away and Chorokh International Airport is about an hour’s drive away, making the location ideal for both holiday stays and year-round living.

Places nearby

Airport

50 min.

Supermarket

5 min.

Hospital

9 min.

School

4 min.

Kindergarten

10 min.

Shopping centre

50 min.

Places nearby

Piazza Piazza

Park 6 May

Zviad Gamsakhurdia Street

Dancing fountains

Batumi Boulevard

Argo cable car

The statue of Ali and Nino

Batumi Cathedral

MGZG Development

MGZG Development — a young Georgian property development company, registered in 2023 and specialising in the construction of residential complexes on Georgia’s Black Sea coast, particularly in Kobuleti and Batumi. Despite having only recently entered the market, the company is already implementing a project in Kobuleti and is focused on creating affordable housing in resort locations, capitalising on their proximity to the sea and well-developed local infrastructure. The company is registered in Batumi, and its office is located in the area around Petre Bagrationi Street..

The developer’s current project is a residential complex at 324 Davit Agmashenebeli Avenue in Kobuleti, just 50 metres from the sea. The complex comprises 220 flats ranging in size from 35 to 90 m², and includes an underground car park with 73 parking spaces, a swimming pool and landscaped grounds.