Horizons Elegance
Khimshiashvili, completion 2018, 32 floors
Alliance Centropolis is a complex of three Alliance Group towers under construction at the corner of Khimshiashvili Street and Rustaveli Avenue, by the sea. Towers A and C rise to about 56 floors and tower B to 62, with completion expected in 2027–2028. Apartments are sold in black frame. We check the contract and the construction stage, accept the apartment after completion and renovate it.
Height and number of floors from reference books on high-rise buildings; completion dates are approximate. Distance to the sea, parking and handover condition come from the developer. While the building is under construction any figure may change, so we check them against the contract and the building permit.
Alliance Centropolis is a complex under construction by Alliance Group at the junction of Khimshiashvili Street and Rustaveli Avenue, by the sea. In sales materials and the press it is also called World Trade Center Batumi. It consists of three towers on a shared podium: according to reference books on high-rise buildings, towers A and C rise to about 210 metres and 56 floors, and tower B to 228 metres and 62 floors. If construction is finished as planned, tower B will become the tallest building in Georgia. Completion is expected in 2027–2028.
The towers are not being built at the same time. According to open data, the frame of tower C has already reached the top, while the other two are still under construction. Public areas are planned in the podium, and under the complex are three levels of underground parking for more than a thousand cars. According to the developer, the sea is about 40 metres away. Apartments are sold in black frame.
The scale here is large even for Batumi, and it has to be taken into account. While construction continues, it is noisy and dusty around, and the neighbouring towers will be completed at different times. Whoever buys an apartment in the first finished tower will live next to the construction of the second and third for several years. For daily letting this is a minus too: guests notice noise and scaffolding first.
The complex stands where Rustaveli Avenue turns into Khimshiashvili Street, where the centre meets the resort south. To the south along the sea runs the Khimshiashvili area with its high-rises and the New Boulevard; to the north is the centre with parks and the Old Town. This works both for living and for letting: the beach is within walking distance and the centre a few minutes by taxi.
Buying in a building under construction means buying a promise, and there is more to check than in a completed one. We look at the building permit and the stage of work on the specific tower, the registration of the right to the future apartment, and the contract: deadlines, penalties for delay, what black frame includes, how the area and floor are fixed. How such a purchase works is described on the page about off-plan apartments.
If the apartment is bought on a developer instalment plan, we read the payment schedule, the consequences of late payment and when the buyer becomes the owner. More on the page about developer instalment plans.
When the tower is completed, the apartment has to be accepted: checking the area, ceiling height, flatness of the slabs, windows and balcony doors, and service connections. Defects go into the certificate before signing; afterwards it is harder to get them fixed. How we carry out such a check is described on the page about accepting an apartment from the developer. After acceptance, renovation from black frame begins.
Apartments are sold in black frame, and renovation can start only after the tower is completed and the apartment accepted. Before that a design can be prepared: layout, wiring and plumbing, lighting, kitchen. Then work starts as soon as the keys are received.
In a new high-rise, hundreds of apartments are renovated at once in the first years, there are queues at the service lifts, and the management company watches the hours for noisy work closely. We build this into the schedule and order materials in advance.
The apartment can be let only after the tower is completed and renovated. While construction continues it is too early to estimate income: it is unknown when the shared areas will open and how many neighbouring apartments will come to the market at once.
When the apartment is ready, we prepare it for letting, run listings, meet guests and tenants and send the owner a report every month. If the complex has a letting programme through an operator, we will compare its terms with letting on your own.
According to open data, completion is expected in 2027–2028, with the towers finished in turn. The frame of tower C has already reached the top. The exact deadline for a specific tower is written in the contract with the developer, and that is what we check, together with penalties for delay. Deadlines on large construction projects often shift, so plans for letting the apartment are made with a margin.
According to reference books, towers A and C are about 210 metres and 56 floors, and tower B about 228 metres and 62 floors. If it is finished as designed, it will become the tallest building in Georgia. We check the floor and area of a specific apartment against the contract and then the Public Registry extract.
The building permit and the stage of work on the tower in question, the registration of the right to the future apartment, and the contract: deadlines, penalties, what black frame includes, the acceptance procedure. If the purchase is on instalments, also the payment schedule and the consequences of late payment. We read these documents before the deposit and say what to watch for.
According to the developer, in black frame: concrete walls and slabs, windows and an entrance door, service connections. Renovation starts after the apartment is accepted. A renovation design can be prepared in advance while the tower is being finished: layout, wiring, lighting and kitchen. Then work starts as soon as the keys are received.
Khimshiashvili, completion 2018, 32 floors
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