Creditor – Citizen of Georgia or foreign country
Loan currency – GEL/USD/EUR
Maximum term of loan – From 3 to 240 months
Collateral – Purchased apartment
Contribution from 10% – Interest rate from 11.6%, study of the income sources is required
Contribution 20% – Interest rate from 11.6%, study of the income sources is not required in case of purchasing an apartment in a building under construction
Those interested can use the services of banks by presenting only an identity card. They will receive a mortgage within 1 business day under simplified conditions without presenting documents confirming income.
Not far from the sea, on the well-known Batumi Boulevard, the modern multifunctional hotel-residential complex Alliance Privilege is being built on the first line near the Black Sea in Batumi.
This 54-story building stands out from the surrounding urban development not only because of its height, but also for its original architectural design. The complex itself consists of two parts - luxury residential apartments and the five-star Marriott Hotel, which includes 150 rooms and will be located on the first twelve floors. The residential apartments will be located on the 13th to 54th floors.
The internal infrastructure of the new building will be impressive. There will be restaurants, cafes, entertainment centers, conference rooms, a swimming pool, spa and fitness centers, open terraces, casinos, and underground parking. The complex is under video surveillance and security around the clock. The reception, maintenance, and cleaning service are available 24/7.
Near the complex are the main attractions of Batumi: the dolphinarium, a park, and Lake Nurigel. A few meters away is the Seaside Boulevard and the beach.
What are the available amenities and facilities?
All apartments have original and modern layouts. The apartments comply with premium standards and come completely designed, fully-equipped, and fully furnished. You can also purchase housing in white frame condition.
Despite its location, there is a well-developed infrastructure while the complex will also have its own service facilities. The on-site amenities include:
Residents and guests can leave their vehicles in the two-level underground parking and are also able to use the concierge service. The reception is open 24 hours a day. In and around the premises there is constant video surveillance. Stairs and all public areas are cleaned.
By purchasing apartments in Alliance Privilege, you can earn considerable income by letting the apartment on your own or by entrusting the company’s property management service with this.
The units can be purchased with interest-free installment plans. These are issued until the end of construction which is June 2020. The down payment is 30% of the price of the apartment.
It is also possible to get a mortgage, in this case, the downpayment is 30% of the initial cost of the property and the interest rate is 8% per annum. For residents, the mortgage is issued for ten years and for non-residents for five years. These payment benefits are provided with simplified conditions without financial verification.
Citizens of any country can buy an apartment by presenting only their ID. The procedure for registering a property will take no more than an hour.
To get more information about the rules of buying a home, payment options and the benefits provided, you can visit the official website of the developer. There you can find the layout options of the apartments and their photos.