Black Sea Tower
Black Sea Tower in Batumi, Georgia
Prices Start from $26000
Why to buy in this project?
Great location in the center of Batumi city, mountain and sea view, high quality building materials ( European standards), competitive price, and high quality services.
Where is Black Sea Tower located?
Black Sea Towers – a new high-rise residential complex of premium class in the center of business Batumi. The complex is located near the sea on the Alley of Heroes opposite the UEFA stadium. It offers wonderful panoramic views of the city, mountains and sea.
Black Sea Towers has modern architecture and classical forms, consists of two high-rise buildings of 40 floors each, in which customers are offered 571 apartments of various formats ranging from 29 to 97 sq. m.
Where is Thebes Tower Gonio located?
In this part of the city, there are many apart-hotels and hotels and this is noticeable when looking at the available facilities and amenities in the area. Nearby there is a casino, a large shopping and entertainment center, a super market, and a large selection of cafes and restaurants. You are in the center of Batumi, where the choice of facilities is even wider with many entertainment venues.
In just 2 minutes of walking there is access to public transport with bus lines No. 2a, 10 and 10a. By bus, you can get to the city center, to the railway station and the airport, or visit the Botanical Garden.
What is inside?
What type of real estate is available in Black Sea Towers?
Demand for residential apartments in Batumi
The purchase of a residential flat in Batumi is often viewed as an investment in rental residential property, with buyers expecting to generate a steady, future cash income.
In 2019, the number of transactions of residential markets increased by 28.3% YoY, amounting to 11,694 units.
The number of transactions in newly built flats expanded by 35%, while the figure for older flats modestly increased by 0.6%.
An increasing demand for new apartments is being seen from both locals and foreigners from neighboring countries.
Unlike the market of residential apartments, home sales saw a 5.4% decrease and amounted to 227 units.
The largest portion of the transaction volume was comprised of newly built apartments (85%) in 2019, amounting to USD 427.4 million and reflecting a 33.6% increase in 2018. Contrary to this, the volume of transactions in old apartments decreased by 2.9% and amounted to USD 62.2 million.
The volume of transactions in residential houses also dropped by 12.9%.
The layout of hotel type apartments in nonstandard, sizes starts at 40 square meters. The architecture incorporates mansard style roofs. You will be able to make use of a smart door lock and get keyless access to the apartment. At the Tbilisi Downtown Complex, safety standards are at a high level. The complex will be equipped with modern fire safety and video surveillance systems.
Inhabitants and hotel guests of Tbilisi Downtown Complex will be able to make use of the comfortable parking lot and fitness center.
The tower is located on the first line of the Black Sea coast. That means you will have a direct sea view without any barriers.
Thebes Tower Batumi is built in compliance with EU international quality standards and new construction regulations in Georgia from 2019. In Thebes Tower Batumi you will have all of the facilities that will make your stay in Batumi unforgettable.
Management company, Geo Property Management guarantees an 8% yearly return.
The tower will be completed in the 3rd quarter of 2022.