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Horizons Elegance in Batumi

Horizons Elegance is a 32-floor building by the developer Horizons Group at 49 Sherif Khimshiashvili Street, by New Boulevard. According to the developer, it has 377 apartments from 40 m², it was completed in December 2018, and the apartments were sold in white frame. We check the apartment and the documents before you buy from an owner, renovate it and let it for the owner.

The complex at a glance

Developer
Horizons Group
Address
49 Sherif Khimshiashvili St
District
Khimshiashvili
Completion year
2018
Status
completed
Floors
32
Buildings
1
Apartments
377
Handover condition
white frame
Ceiling height
3 м

Number of floors, number and size of apartments, year of completion, lifts, ceiling height and shared areas are taken from the developer's descriptions. The distance to the sea is 100 or 150 metres depending on the description, so it is not in the table. We check the owner, mortgages and debts for a specific apartment in the Public Registry extract and with the management company.

Horizons Elegance is a 32-floor residential building by the developer Horizons Group at 49 Sherif Khimshiashvili Street, in the south of Batumi by New Boulevard. According to the developer, the building has 377 apartments from 40 m², 3-metre ceilings and three lifts. It was completed in December 2018. The sea is 100 to 150 metres away, depending on the description.

Horizons Elegance: the building and the developer

Horizons Group has been working since 2014 and is building several towers in the New Boulevard area. Horizons Elegance has a monolithic frame, aerated concrete walls, double-glazed panoramic windows, underground and open parking, commercial premises, a playground, a reception, security, an intercom and CCTV. At the same address the developer announced another tower, for a TRYP by Wyndham hotel. If the apartment faces that way, we check on site whether construction is going on there and whether it will block the view.

The building is not on the first line: according to reviews, there is a road, a sports ground and a cycle path between it and the beach. The promenade is a few minutes' walk away. How this part of the city works is described on the pages about the Khimshiashvili Street area and New Boulevard.

Buying an apartment in a completed building

The building is completed, so apartments here are more often bought from owners than from the developer. Before the deal we check the Public Registry extract: who the owner is, whether there is a mortgage or a ban, whether the floor area matches. We ask the management company whether there are debts for service charges and utilities. How we handle such a purchase is described on the page about resale property.

The developer sold apartments in white frame, and owners renovated them themselves, so the same building has apartments without finishing, well-renovated ones and ones hastily done up for letting. We inspect such a renovation as specialists: wiring and the panel, bathroom waterproofing, ventilation, signs of leaks and mould. If the renovation is poor, we say honestly how much redoing it will cost, and the buyer can use that sum when negotiating with the seller.

Renovation and letting

We bring a white frame apartment up to a liveable home according to the estimate: bathroom, floors, doors, lighting, kitchen, furniture. How we do it and what it costs is described on the page about white frame renovation.

Small apartments by New Boulevard let well by the day in summer, and demand drops in winter. We calculate income month by month, taking the building service charge into account. We run the listings, check-ins and cleaning and send the owner a report: more on the page about managed daily letting. In winter many owners in this building switch to long lets, and you can hand that over to us too.

Renovation in this complex

Apartments were sold in white frame, and owners finished them themselves. If the apartment has no finishing, we renovate according to the estimate: bathroom, floors, doors, lighting, kitchen. If it is already renovated, we first check the wiring, bathroom waterproofing and ventilation: in a hasty renovation for letting, mistakes are most often there.

We agree the work with the building's management company: hours for noisy work, the service lift, rubbish removal, rules for outdoor air-conditioning units.

Rentals and management here

The building is a few minutes from the New Boulevard promenade, so apartments here are let by the day in summer, and in winter many owners switch to long lets. We calculate income month by month, taking into account the winter slowdown and the building service charge.

We prepare the apartment for letting, take photos, run the listings, check guests in, arrange cleaning and send the owner a report once a month.

Questions and answers

Has Horizons Elegance been completed?

Yes, according to the developer the building was completed in December 2018. Apartments in it are mostly sold by owners. Before buying we check the Public Registry extract: owner, mortgages, bans, floor area. With the management company we find out whether there are debts for service charges.

Is it on the first line?

No. The building stands by New Boulevard, but according to reviews there is a road, a sports ground and a cycle path between it and the beach. The sea is 100 to 150 metres away depending on the description, a few minutes on foot. The sea view depends on the floor and side of the building; we check it on site.

In what condition are apartments sold?

The developer sold apartments in white frame, and then owners renovated them themselves. So today there are both unfinished and renovated apartments on sale. We inspect a renovation as specialists: wiring, bathroom waterproofing, ventilation, signs of leaks. If something will have to be redone, we cost it before the deal.

Can I let the apartment by the day?

Yes, many owners do: the building is a few minutes from the promenade. Demand is high in summer and drops in winter, and some owners switch to long lets. We calculate income month by month, taking into account the building service charge and cleaning after each guest.

Other complexes in the Khimshiashvili Street area

Terms used on this page

White frame
An apartment after rough work: partitions, plaster, screed, electrical and water points, but no finishing or sanitary ware.
Public Registry extract
A document from Georgia's state registry: the owner, cadastral code, area, legal use and encumbrances of a property on the date of issue.

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