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 Privilege – 54 floors with luxury apartments that offer spectacular views to the sea and the city from all directions
The project is located in the most prestigious part of Batumi on the seafront near the Old Town.
Alliance Privilege have modern 5-star infrastructure and maintains all the conditions to ensure comfortable living
Alliance Privilege is managed by the international management company Mclnerney and owned by the giant hotel company – Marriott
General Information
- Alliance Privilege is located on the coastline in the Old Town area
- The 54-story project offers a variety of services as a multifunctional complex
- In the project ther is luxury apartments and a 5-star hotel of Marriott
- located on the coastline
- Project Completion Goal – End of 2022
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 expectation 30%-50%.
- 30% advance.
- The rest are in payments according to the pace of construction progress.
