Apartment in Batumi, Georgia, 28 sq.m

BlueSkyTower is a 36-storey residential and hotel complex located on the Black sea coast. The developer is LIKE HOUSE, a company who was at the beginning of the construction boom in Batumi.

The complex consists of two blocks, one of which will be located on the 1st – 10th floors of the world hotel brand "HolidayInn", above it - premium apartments" turnkey " to generate income. The second block is supposed to be an apartment for living.

Advantages of Black Sea Towers:

- Excellent transport interchange;

- Located in the heart of new Batumi – all infrastructure within walking distance: shopping centers, medical centers, schools, UEFA stadium;

- Modern Central heating technology, energy efficiency of which saves up to 30% of utility costs.

- Japanese Mitsubishi elevators

- High-quality noise insulation, thanks to special foam blocks

- Seismic stability of the building 8 points

- Fire safety system

- Energy-efficient glass facade coating

- Management company services: Concierge, 24-hour security, cleaning, video surveillance, maintenance.

- Infrastructure: Underground car Parking, casino, outdoor and indoor swimming pools, fitness center, Spa, restaurants and cafes, entertainment areas for children

- The payback declared by the developer is 5 years.

An installment from the developer before the project is completed. The cost is from 700 to 1600$ per sq. m. depending on the floor and the view from the windows.

Delivery of the project – October 2022

Why is it profitable and safe to invest in real estate in Batumi?

- Real estate and hotel business is one of the fastest growing sectors of the Georgian economy. There is an annual increase in tourists from abroad. Georgia has a visa-free regime with 94 countries, including Russia.

- Free market economy, liberal society.

- Extremely low taxation for businesses, regardless of the owner's citizenship.

- The favorable environmental situation is due to the lack of large industrial production in the region.

- According to Numbeo, One of the largest rating agencies in the world, Georgia ranked 5th in the crime and security Index among 125 countries in 2018. This is confirmed by the arrival of international brands such as Sheraton, Hilton, Mariot, Radison and many others. For brands of this level, security in the country is one of the main indicators for the reception and accommodation of their guests.

- With full transparency and openness of the real estate register, any registration actions are carried out simply and in 1 day. At the same time, your rights are reliably protected by the state, and you may not be a resident of Georgia.

- An attractive place for foreign investment. Georgia was ranked 11th in the world Bank's "doing business Report" ranking of 183 countries for ease of doing business. The excellent investment climate and prospects for steady growth of the country's economy attract investors from all over the world.