Status House Batumi
Is this a good investment?
It depends entirely on your budget, timeline and goals — some projects suit rental income, others capital growth or personal use. Tell us what you’re after and we’ll give you a straight answer on whether this one fits.
Can I purchase remotely?
Yes — we handle the entire process remotely. Most clients complete their paperwork within 24 hours, with title registered in your name at the Georgian Public Registry once the deposit clears. Passport is all you need to start.
Why investors choose us?
We live and invest in Batumi ourselves. As an official partner of Georgia’s top developers, we offer the same official prices and assist our clients with rental management, renovations, and residency permit approvals.
Status House Construction Progress
April 2026
Status House Unit Types
Studio: from 30m² – from $42,000 or $1300/m2
1 bed: from 57m² – from $65,700 or $1300/m2
2 bed: from 68m² – from $74,415 or $1300/m2
Status House Payment Plan
Status House runs on a 20-month interest-free payment plan — the shortest of any project currently in our portfolio, and that is intentional. This plan suits a specific buyer: someone who wants to move quickly, minimise the off-plan period, and start receiving rental income sooner rather than later. On a $42,000 studio with a 20% deposit of $8,400, monthly payments come in at approximately $1,433 over 22 months. By the time most Gonio or New Boulevard projects are halfway through their payment plans, Status House owners are already at handover collecting rental income. No bank is involved, no credit check, no interest. Crypto accepted. If the 20-month timeline works for your financial situation, Status House is the fastest path from purchase to ownership and rental income in the ELT Quarter.
0% interest up to 22 months
$42,000 studio – $8,400 deposit (20%), then $1433/month for 22 months”
Status House Amenities
Status house will feature 24/7 security, a reception, tennis court, parking, and a rooftop mini-golf area. Within just a 1-minute walk, you’ll have free access to cinema, a swimming pool, and gym/spa. ELT’s pedestrian bridge to the beach is only 2 minutes away.
Key amenities: 24/7 security, reception, tennis court, rooftop mini-golf, cinema access, pool & spa, pedestrian bridge to beach (2 min), gasified for year-round living, lowest management fees in ELT Quarter.
The project is fully gasified, allowing for comfortable year-round living, and offers some of the lowest management fees among top real estate developers in Batumi.
Status House Location
Located in the nw boulevard district Batumi — an area attracting massive investment from the UAE and Saudi Arabia. Just 200 meters from the beach, it offers convenient access to pharmacies, shops, gyms, and cafes, all within a modern and well-developed neighborhood. This prime coastal zone has become one of Georgia’s most desirable investment areas, with over $6 billion being invested by global developers such as EMAAR and Eagle Hills (UAE), making it the fastest-growing and most promising location in the region.
? 200m to beach
✈️ 2.8km to airport
? 5.5km to city centre
ELT Quarter spans 7 hectares on the New Boulevard, designed by world-renowned architects in partnership with Wyndham Hotels & Resorts – this context makes Status House feel like part of something bigger which raises perceived value.
Status House Renovation Cost?
Standard Renovation is $550 per m2
Turnkey Renovation is $700 per m2
Status House Management Fees?
Status House has one of the cheapest management fees in Batumi. At just $1 per m2, a regular studio will only cost you $30 per month. Management fee covers main area cleaning, security service, lift repairs and reception staff.
ELT Building Developer Review
Founded 2015, active since 2006 in real estate, 5+ completed projects, ELT Quarter is 7 hectares, official Wyndham partner. List their other projects by name — Marina Club, Optima Residence, Compact House — with one line each. This shows Google topical depth and shows buyers the developer delivers.
ELT building is the developer of Status House and is renowned for delivering numerous premium projects and partnering with world-class 5-star brands such as Wyndham. Top developments by this developer include 5 completed projects all highly rated and known for their premium finishes and professional management.
Partnering with this developer ensures a secure and transparent investment, and we are proud to be their official partner.
Is Status House a Good Investment?
Batumi’s coastal real estate market offers rental yields of up to 12% and price growth of 20 – 30% per year for prime, first-line sea properties. Driven by tourism and substantial foreign investment, the rapid development of the New Batumi area provides outstanding capital appreciation potential for early investors.
The location is excellent, and the project is gasified, ensuring strong year-round rental demand. ELT has a solid track record, and the delivery timeline is Q4 2028—just 18 months away.
We highly recommend this project, as you also get free access to the swimming pool, spa, gym, and co-working spaces within the ELT area. Management fees are very low considering all these benefits.
When do I officially become an owner?
Once you have paid 30% of the total purchase price, your ownership is registered with the National Public Registry of Georgia. On a $42,000 studio that means after $8,400 — your deposit — you are already a legal owner on record with the Georgian state before a single monthly instalment has been paid. You do not need to wait 22 months for the building to finish. Your title is issued, transferable and legally secure from that early point in the process, which is particularly reassuring for buyers who have never purchased property remotely before.
When will Status House be completed?
Status House is currently under active construction in the New Boulevard district of Batumi. ELT Building has a proven track record of delivering projects on schedule, with five completed developments to their name. The latest construction progress photo was published in March 2026. Buyers receive regular construction updates throughout the build phase so you are never left without visibility on your investment.
Can foreigners buy at Status House?
Georgia’s property ownership laws are among the most straightforward in the world for international buyers. There are no restrictions on foreign nationals purchasing freehold real estate — no minimum spend, no residency requirement, no local partner, no Georgian bank account. The entire purchase at Status House can be done from your sofa. We handle every step: document preparation, legal checks, payment coordination and title registration. All you provide is a passport copy and a signed agreement. For European buyers used to navigating complex conveyancing processes, purchase timelines measured in months and solicitor fees running into thousands, the Georgian process feels remarkably simple. Crypto payments in Bitcoin and USDT are accepted alongside standard transfer.
Is the payment plan interest free?
Yes. Status House offers a 0% interest installment plan structured across the construction period, currently running at around $1,400 per month over 20 months. Payments are spread throughout the build phase with no bank financing required. Ownership is transferred directly upon project completion, making it one of the most accessible entry points for off-plan investment in Batumi today.
What is ELT Quarter Batumi?
ELT Quarter is the master-planned development zone created by ELT Building — the developer behind Status House. It is a self-contained residential and lifestyle district in the New Boulevard area of Batumi, featuring multiple premium buildings, shared amenities, and a private pedestrian bridge to the beach. Residents of Status House benefit from free access to the quarter’s cinema, swimming pool, and gym and spa facilities located just one minute away. ELT Building has partnered with world-class hospitality brands including Wyndham as part of their broader development portfolio in Batumi.
Does Status House offer discounts?
Yes. Every commission we earn comes from ELT Building, not from you — and we share part of it directly with our buyers. You pay the official price with nothing added, and receive $2,000 or more in cashback on your purchase. For a project where prices have already risen 38.9% since December 2024 and units are selling steadily, the cashback is our way of making sure buyers who come through us get more value than they would anywhere else. It applies to selected units and the amount varies by unit type — contact us to confirm what is currently available on the specific floor and size you are looking at before the remaining units at current pricing are gone.
Our Customers
Bought sea view apartment in Batumi using payment plan. Thank you.
Anna S. (Moscow, Russia)
I didn’t even visit Batumi before investing, everything was handled remotely..
David M. (Dublin, Ireland)
Great service, helped me buy in Batumi & handled all documents. I Recommend.
Timur K. (Almaty, Kazakhstan)