Prices Start from $525 per SQM
Why to buy in this project?
Where is Orchid complex located?
Orchid Batumi complex is located 150 meters away from Batumi beach and unites residential apartments, commercial spaces and most importantly, a fitness club.
In just 2 minutes of walking there is access to public transport with many bus lines that can take you anywhere in the city.
What is inside?
Orchid Complex offers in the first floor a super market, a pharmacy, and a café. in the last floor there is a fitness club with a very beautiful view of the Black Sea. in addition to a billiard club. There is a BBQ Terrace as well. To make your living comfortable Orchid offers an underground parking.
Multifunctional Residential Building
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%.
Black Sea Tower in Batumi is an 40-story building with complete indoor services. The high-quality facade with reliable thermal insulation and modern glazing provides comfort in the apartments around the year.
In addition to the spacious green courtyard, equipped with playgrounds and recreation areas, residents and guests of the complex have access to another common space, the open veranda. There is a swimming pool, a jacuzzi, a summer cinema and a cafe-bar. Video surveillance monitors the territory, and all services are available around-the-clock.
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.