Literally a few years ago, Georgia became a discovery for investors. At the moment, this country is on the list of the most popular destinations for investment in real estate. Such interest from the behalf of buyers encourages the market to develop, and in big Georgian cities more and more fascinating projects are being brought into reality. Today, Realting.com will tell you about one of such projects in this article.

What Makes This Project so Attractive?

Dubai is famous all around the world for its unbelievable projects: the highest tower in the world — Burj Khalifa, the second-highest building — Emirates Park Towers, Hotel Burj Al Arab Jumeirah, etc. It is probably one of the few cities in the world which can be easily recognized by spires of skyscrapers and unbelievable constructions that run counter to the laws of physics.

However, lately, some other cities have started to bring into life amazing contemporary projects. So, as an example, in Batumi began the construction of a very unusual multifunctional complex, Alliance Centropolis.

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Alliance Centropolis
Batumi, Georgia
from
€122,519
30–113 m² 24 properties
Completion date: 2029
Developer: Alliance Group
Alliance Centropolis is the most multifunctional project in the Caucasus, which combines the World Trade Center and its exhibition space, the Hyatt Centric Boulevard Batumi and 24 infrastructural components. The project is located in the prestigious part of Batumi, one of the most attractive cities in Europe, just 50 meters from the Black Sea. Each component of the complex ensures its non-seasonal, year-round occupancy, which contributes to the investment attractiveness and regional importance of the complex. Total Investment Value $420 000 000 Alliance Centropolis encorporate: • First World Trade Centre exhibition space in the region • ⁠High-end investment apartments • ⁠5-Star international hotel Hyatt • ⁠Centric Boulevard Batumi • ⁠The biggest Casino in Georgia • ⁠A-class business center • ⁠A-class shopping center • ⁠10,000 sq.m. recreational area • Local, 3-level underground parking • Luxury Restaurant, Sky lounge and bar • Entertainment center • ⁠Indoor swimming pool • Spa and Fitness center • Co-working Space • ⁠Cinema

Architecturally, the project is made of three towers with a common base. Exactly this base will accommodate a trade and exhibition complex, recreation area, bars, restaurants, etc. The complex will take place one the first coastline, which means that all touristic infrastructure will be accessible within walking distance.

The advertisement states that this complex will be built in partnership with the Association of World Trade Centres, which means that Georgia will have a unique regional centre of MICE tourism — the exhibition space of the World Trade Centre (WTC). There are about 300 World Trade Centres (WTC) in the world, which together hold more than 6000 exhibitions annually, about 20–25 in each. This creates conditions of high demand in Alliance Centropolis even in low season.

The second key brand-partner of the complex is the Hyatt hotel chain, which guarantees not only premium infrastructure and status, but also compliance with the highest requirements in terms of architecture, design and security.

compound view
building facade
building entrance

It is a really unique project in terms of scope, and beside the residential area it will also include:

  • The first exhibition centre of World Trade Center in the region.
  • High-class investment apartments in ownership.
  • 5-star Hyatt Centric Boulevard Batumi hotel.
  • Business centre of A class.
  • Shopping mall of A class.
  • Recreational zone with a total area of 10,000 sq.m.
  • 3-level underground parking.
  • First-class bars and restaurants.
  • 24 infrastructural spaces.
  • Swimming pools.

The project is expected to be completed in 2029.

bedroom in the complex
spa complex
terrace view
 

What does the Seller Offer?

As often happens, at the beginning of the construction the price for a square metre is announced as the cheapest. These days, a new built apartment in the complex is offered for the price from $3147/sq.m. In order to attract buyers, a developer offers various options of payment. For instance, a down payment is 10%, and the remaining amount is divided into 60 months under an interest-free instalment plan. 

The developer has also developed a loyalty program for its investors which allows them to keep track of their investments and income while enjoying exclusive offers.

The distinctive multifunctional concept of Alliance Centropolis ensures its year-round occupancy and enhances its investment appeal.