This multifunctional complex consists of two 15-story buildings (Blocks A and G) and one 17-story building (Block B), which will house a 5-star hotel by the international brand Crowne Plaza.
Complex area: 15,000 m2. Located 50–100 m from the sea.
The project developer and investor is a British company with extensive experience in implementing large-scale international projects.
Residents enjoy exclusive access to the infrastructure and services of the 5-star Crowne Plaza hotel and the balneological resort.
This apartment is a profitable investment. After purchasing a unit in this unique project, you can manage the property yourself or hand it over to the management company, which can help recoup your investment within 4–6 years.
Its unique balneological resort and wellness spa services make it attractive to tourists year-round. These factors combined make the property a highly interesting, high-yield business investment.
Project infrastructure:
• private landscaped courtyard with unique plants and trees
• private, well-equipped beach connected to the complex by a bridge
• children's infrastructure
• indoor and outdoor heated saltwater pools
• spa and fitness center
• cafes and restaurants
• conference hall
• 382 m2 lobby connecting all three blocks
• concierge service
• 24-hour security and video surveillance
• two-level underground parking
• OTIS elevators in every lobby
• car wash
• dry cleaning
• full compliance with fire safety standards
• free electric shuttle to Batumi
• comprehensive complex maintenance
• rental management options
Sales terms:
• mortgage available
Sea-view apartments! Jacuzzis can be installed on terraces for an additional fee.
The interior features panoramic glazing, allowing you to enjoy natural light and stunning sea views. Equipped with Iteka kitchen appliances, Grohe, Geberit, and Vitra bathroom fixtures, and furniture made from German MDF produced at a factory in Georgia.
Security:
The proximity to the sea requires full adherence to safety standards for resident comfort, so moisture-resistant cladding materials were selected for construction.
Expenses and profitability:
• management company takes 40% of rental income
• maintenance fee: $1 per m2 (approx. $580)
• utility costs: approx. $160
• projected rental yield: minimum 14.6% per annum
Owners receive a 30% discount on hotel services during summer months and a 50% discount during the rest of the year for facilities such as the fitness club, spa, and wellness center. Prices for procedures will be set upon the launch of the balneological resort.
Owners have the option to rent out the apartment independently, without the management company.
Sale by owner. No buyer commission.