Status House
An 18-storey ELT Group residential building in ELT Quarter on Batumi's New Boulevard: 676 apartments and a gated courtyard with a pool, courts and playgrounds. Studios from $43,861 and interest-free installments for up to 40 months.
- A building in ELT Quarter with a pool, courts and playgrounds in the courtyard.
- Studios from $43,861 — from $1,260 per m².
- Interest-free installments for up to 40 months.
About the project
Status House is an ELT Group residential building in ELT Quarter on Batumi's New Boulevard, at 5 Adlia Street. According to korter.ge, it has 18 floors and 676 apartments with 3 m ceilings; construction began in 2025, and the developer's presentation gives 2028 for completion.
On sale are studios of 33–39 m², 2-room apartments of 56–65 m² and 3-room apartments of 68–85 m², delivered in White Frame. As of 9 November 2026, according to the ELT Group website, 58% of apartments have been sold.
The courtyard has an outdoor pool, sports grounds (tennis, volleyball and basketball courts, mini-golf), playgrounds and landscaping; the building has a 24-hour lobby with concierge, underground parking and commercial space on the ground floor.
The building suits both permanent living and renting out: management and rentals can be handled by IPM, and owners get access to the facilities of other ELT Quarter blocks.
Gallery
What Status House will look like
Developer renderings.
Key facts
Key information
The essentials on one screen.
City, district
Batumi, New Boulevard
Prices
from $43 861
Completion
2028
Instalments / mortgage
Installments up to 40 months, 0%
Residence permit
For units from $150,000
Finishing
White Frame
Developer price list
Prices and purchase terms
Prices from the official ELT Group price list as of November 2026 (korter.ge data). Through Tbilicity — no mark-up.
| Type | Area | Price from | Per m² |
|---|---|---|---|
| Studio | 33.03–38.78 m² | $43 861 | from $1 260 |
| 2-room | 56.36–64.81 m² | $71 014 | from $1 260 |
| 3-room | 67.65–84.91 m² | $85 239 | from $1 260 |
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
Status House is one of the most affordable ways into the New Boulevard. Batumi market figures for 2026:
Price per m², new buildings
A 33 m² studio × $10.6 per m² (lower end of Batumi rents) ≈ $350 per month, about $4,200 per year. At a price from $43,861 that is:
Gross yield on long-term rental, excluding renovation, costs and vacancy. Apartments are delivered in White Frame — renovation must be added to the price.
Sources: Galt & Taggart — Batumi market reviews, Q2–Q3 2026; korter.ge (4.11.2026); ELT Group website and presentation. Forecasts are not a guarantee of returns.
Developer
ELT Group
ELT Group is a developer building in Georgia since 2017: according to the company, it has built and sold over 470,000 m² across 15 projects, with buyers from 67+ countries.
In Batumi, ELT is developing ELT Quarter on the New Boulevard — the Sunrise, Rainbow and Sunset complexes and the La Quinta by Wyndham hotel are already completed. The company partners with Wyndham Hotels & Resorts, Barceló Hotel Group and the management company IPM; in Tbilisi it is building Spanish Quarter and Palatina by ELT.
Location
New Boulevard: neighbourhood and amenities
5 Adlia St, Batumi
New Boulevard is Batumi's modern seafront district with a wide promenade, cycle lanes, parks and new residential complexes. The airport and the road to Gonio are close by, and the old centre is a 10–20 minute drive.
ELT Quarter covers 7 hectares here: according to the developer, it comprises 10 complexes, of which 4 are completed, 4 under construction and 2 in design. Residents share the quarter's infrastructure, including the La Quinta by Wyndham hotel.
Ask an expertOn-site amenities
- 18 floors, 676 apartments
- Outdoor pool
- Tennis and basketball courts
- Mini-golf and playgrounds
- 24/7 lobby and concierge
- Underground parking
- 3 m ceilings
- Managed by IPM
FAQ
Questions and answers
Answers to the most common questions.
How much is an apartment in Status House?
According to korter.ge as of 4 November 2026: studios of 33.03–38.78 m² from $43,861, 2-room apartments of 56.36–64.81 m² from $71,014, 3-room apartments of 67.65–84.91 m² from $85,239. Price — from $1,260 per m².
Is there an installment plan?
Yes, interest-free ELT Group installments for up to 40 months on a monthly or quarterly schedule. A mortgage is also available.
When will Status House be completed?
According to the ELT Group presentation — in 2028 (korter.ge gives Q4 2027).
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 ELT Group'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 Status House, 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.