Radisson RED Residences Batumi
One Development branded residences in Batumi's tourist centre, at 10 Pirosmani Street — 435 m from the sea and next to the Heroes' Alley. Apartments are sold turnkey and rented out via a management company; completion is Q4 2029.
- Branded residences in Batumi's tourist centre, 435 m from the sea.
- Turnkey apartments with management and letting by River Rock.
- 10% down and 48-month developer installments.
About the project
Radisson RED Residences are One Development branded apartments in Batumi's tourist centre, at 10 Pirosmani Street. The project was originally marketed as Ramada Residences by Wyndham; the developer now presents it under the Radisson RED brand and provides partners with a brand confirmation letter. According to korter.ge, it is a 45-storey tower with about 450 apartments.
On sale are studios of 34.1–41.6 m², one-bedroom apartments of 54.1–63.7 m² and two-bedroom apartments of 75.8 m² (sizes per korter.ge). Apartments are delivered turnkey in the brand's design.
The complex features a pool and lounge area, spa, gym, conference hall, restaurant, bar and sky bar, plus five floors of parking. The project won a European Property Awards 2025–2026 prize in the Residential Renovation / Redevelopment category.
The format is primarily for investors who want to rent apartments to tourists: management and letting are handled by River Rock, so owners do not need to live in Batumi.
Gallery
What Radisson RED Residences Batumi will look like
Developer renderings.
Key facts
Key information
The essentials on one screen.
City, district
Batumi, Centre
Prices
price on request
Completion
Q4 2029
Instalments / mortgage
10% + 48-month installments
Residence permit
For units from $150,000
Finishing
Turnkey
Developer price list
Prices and purchase terms
Prices from the official One Development price list as of November 2026 (prices on request from the developer). Through Tbilicity — no mark-up.
| Type | Area | Price from | Per m² |
|---|---|---|---|
| Studio | 34.1–41.6 m² | price on request | — |
| 1 bedroom | 54.1–63.7 m² | price on request | — |
| 2 bedrooms | 75.8 m² | price on request | — |
The price of a specific unit depends on floor, view and finishing — we'll send an exact quote via WhatsApp.
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Investment potential
Radisson RED is a project in Batumi's tourist centre geared towards short-term rental. Market figures for 2026:
Price per m², new buildings
A 35 m² apartment × $10.6 per m² (lower end of Batumi rents) ≈ $370 per month, about $4,450 per year. At the developer's example price of $105,000 that is:
Gross yield on long-term rental, excluding costs. The developer models the project for daily rental (its forecast is up to 15% per year); we'll prepare that calculation on request.
Sources: Galt & Taggart — Batumi market reviews 2025–2026; One Development website and materials, November 2026; korter.ge — floors and unit sizes. Forecasts are not a guarantee of returns.
Developer
One Development
One Development is a Batumi developer with five projects in the city and its suburbs, ranging from residential complexes to branded residences and townhouses.
Its portfolio includes Stay & Rent and SportCity on the New Boulevard, ONE Tower in the centre, Radisson RED on Pirosmani Street and HOME townhouses in Gonio. All projects are serviced by the management company River Rock.
Location
Centre: neighbourhood and amenities
10 Pirosmani St, Batumi
Pirosmani Street is in Batumi's tourist centre, close to the Heroes' Alley, Batumi Mall, Black Sea Mall and Adjarabet Arena stadium. The sea and promenade are a few minutes' walk away.
This is the liveliest part of the city: restaurants, casinos, supermarkets, entertainment and tourists almost all year round, so apartments here are bought mainly for daily rental.
Ask an expertOn-site amenities
- Branded residences
- Turnkey finish
- Pool and lounge area
- Spa and gym
- Sky bar, restaurant and bar
- Conference hall
- 5 parking floors
- 435 m to the sea
- Managed by River Rock
FAQ
Questions and answers
Answers to the most common questions.
How much are apartments in Radisson RED?
The developer currently provides its price list on request. One Development's yield calculation gives an example: a standard 35 m² turnkey apartment at $105,000. Message us — we'll send available units and today's prices.
Is there an installment plan?
Yes, from the developer. Option 1: 10% down, 80% over 48 months, 10% as a final payment. Option 2: 20% down, a year with no payments, then 80% over 30 months. Terms are valid until the end of December 2026.
When will Radisson RED be completed?
According to the developer — Q4 2029.
Can a foreigner buy, including remotely?
Yes. Foreigners buy property in Georgia on the same terms as citizens. Reservation, contract and payment can all be handled online — we support the deal from choosing an apartment to registering ownership.
Is it more expensive to buy through an agency?
No. Buying through Tbilicity is at One Development's official price list — no markup. We select the apartment, check the documents and support the deal.
Does buying an apartment give a residence permit in Georgia?
Since 1 March 2026, a Georgian residence permit can be obtained by buying property with a market value of at least $150,000 (assessed by an accredited valuer) — a one-year temporary permit that can be renewed. From $300,000 — a 5-year investment residence permit. At Radisson RED Residences Batumi, units priced above $150,000 qualify — we'll suggest options.
Free selection
We'll pick 3–5 new builds for your goal
Tell us your budget and goal — we'll send a selection with developer prices, instalment plans and yield estimates via WhatsApp or Telegram.
See also
Other new buildings in Batumi
from $3 085/m²Alliance Centropolis
- Seafront, ~50 m to the sea
- Hyatt Centric 5* hotel
- World Trade Center Batumi
from $120 670Ambassadori Island — First Tower
- 84-ha artificial island
- 216 m tower, 58 floors
- Rooftop pool and restaurant
from $59 305Club Residence
- Rooftop pool and lounge
- Underground parking
- Padel court
from $218 583HOME Townhouses
- 15 townhouses
- 146.7 m² over three levels
- 3 bedrooms and 3 bathrooms
from $221 130La Villa
- Courtyard swimming pool
- Children's playground
- Gym
from $68 490Next Address
- Opposite Black Sea Mall
- 700 m to the sea
- Pool heated to 28 °C
When you buy a new-build apartment through us
Tbilicity buyer bonuses
No down payment
You can buy an apartment with no down payment — we'll show you the options.
Renovation discount
Renovation by our own crews — at a discount for our buyers.
Special rental terms
Special terms when you rent out the apartment through our rental department.
Free property management
We manage the letting of your apartment — as a gift.
How we work
Buying a new build with Tbilicity — 6 steps
Selection
We clarify your budget and goal — living, renting out or residency — and send 3–5 suitable projects with prices.
Viewing
We show the properties in person or online by video call — you can choose without flying to Georgia.
Reservation
We lock in the unit and price with the developer. Buying through us costs the developer's price, no mark-up.
Contract
We check the developer and documents and guide you through the contract and instalment schedule.
Registration
We register your ownership with the Public Registry — remotely, by power of attorney.
After purchase
Our own renovation crews, a rental department and help with resale — we support you after the deal too.