About the city – Batumi
Batumi is a major port city in the enchanting Agra region steeped in streams and waterfalls, mountains, springs and a pastoral green landscape on every corner, Batumi is located on the shores of the Black Sea, offering tourists magical beaches and a well-developed promenade , Folklore evenings and traditional meals, and a wide range of activities for children.
Batumi is considered one of the most attractive investment destinations in Europe, according to the prestigious Forbes magazine, resort tourism is growing by tens of percent every year and the government provides benefits and tax breaks to investors, making it a particularly lucrative destination for private and institutional investors.
In recent years, thousands of Israeli investors have purchased apartments in projects in the city, which allows them to enjoy high yields, attractive value increases and significantly cheaper apartment purchase prices relative to most countries in Europe and Israel.
About the project
Alliance Centropolis – The most prestigious project in Batumi, built by the construction giant Alliance in collaboration with WTC World Trade Center
Alliance Centropolis is the flagship of the Alliance and the first International Trade Center in Georgia That will attract tremendous business tourism – MICE
The quality of the project is uncompromising and meets the highest standard at the 5 star level in the ranking A class
Balliancana Centropolis Hotel will be managed by the International Company Hyatt that holds more than 1000 Hotels around the world
General Information
- Centropolis is the construction giant’s flagship project of Alliance Group
- It is the largest and most expensive project in Batumi with a total cost of $380 million
- The project was built in cooperation with the World Trade Center and will be used for recreational tourism and businesses in Georgia
- In the project luxury apartments and a 5-star hotel that covers 10,000 square meters
- located on the coastline
- Project Completion Forecast – Summer 2025
The hotel includes
- Restaurants
- Luxurious casino
- Places of entertainment
- Spa centers
- Pools
- Gym
- Room and cleaning services
- Private and covered parking
- Laundry/Dry Cleaning
- Business Lounge
- Meeting rooms
- concierge
Return and payment terms
- Rental yield – developer’s expectation 15%-20%.
- Increase in the value of the apartment – The developer’s projection of 1300$ meters will become 3200$.
- 20% down payment excluding payment for the furniture.
- The balance in 48 interest-free and linkage payments is paid according to the pace of construction progress.
