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
Blue Sky is the flagship project of the International Hotel Chain – Holiday Inn
The project contains rich hotel infrastructure at an international level that meets the standards of the Holiday Inn
The location of the project is one of the most central in Batumi and is close to the Old City to the sea and the most central avenue where Georgia’s most luxurious stadium is located
The company hosts more than 100 million tourists a year in 1200 hotels worldwide
General Information
- Luxurious casino hotel with 36 floors
- Divided into A (north) building and B (south).
- The Flagship Holiday Inn project in Batumi
- In front of Georgia’s most luxurious new stadium that also serves as a stage of performances
- 400 meters from the sea
- Project completion date – 10/2022
The hotel includes
- Restaurants
- Luxurious casino
- Places of entertainment
- Spa centers
- Pools
- Gym
- Room and cleaning services
- Private and covered parking
- Laundry/Dry Cleaning
- commercial center
- Meeting rooms
- Restaurants
Return and payment terms
- Rental yield – Developer’s expectation 15%
- Increase in the value of the apartment – Developer’s expectation 20%-30%.
- 30% advance.
- The balance in 25 interest-free and linkage payments is paid according to the pace of construction progress.
