European Village Holding Commences Construction of a Unique Residential Complex in Batumi

European Village, a company featured in the Forbes. Georgia Top 10 list, has begun construction of Grand Life, an elite residential complex. It is part of the developer’s luxury Elite Collection, which offers premium properties designed for a comfortable living and leisure, accompanied with developed infrastructure and the highest level of service.

The concept for Grand Life arose in response to the growing demand for high-quality housing in the capital of Adjara. Investors in the Wyndham Grand Batumi Gonio hotel complex, also being developed by European Village, expressed interest in Batumi as a location for permanent or long-term residence.

Clients are seeking exclusive properties with gated communities, relaxation areas, security, spa, and other premium amenities. Based on this feedback, we developed the concept for an elite complex that aligns with current trends in Europe and the United States. This gated community will provide residents with a superior level of comfort, security, and privacy, as well as:

  • Exclusivity: only 155 apartments with enhanced sound insulation and a guaranteed security of investment.
  • World-Class Infrastructure: underground and surface parking, spa, fitness center, winter garden, swimming pool, lobby, eco-market, coworking space, and children’s playroom. Residents also enjoy preferential access to over 90 amenities at the Wyndham Grand Batumi Gonio.
  • Prime location: a quiet neighborhood within walking distance of essential city infrastructure.
  • Lucrative investment: high potential for property value growth, the opportunity for passive income through rentals, and a unique program offering travel to 110 countries worldwide. Asset management is provided by an international management company.
  • Luxury-level quality: 150-year guarantee on reinforced concrete structures. Brick walls are 40 cm thick with additional waterproofing and insulation, significantly exceeding the standard 20 cm thickness found in typical apartment complexes.
  • Advanced technologies and construction: adherence to international standards.

Prices for apartments at Grand Life start at $1,800 per square meter during the presale period. We offer turnkey finishing option, including furniture and appliances, as well as customized design and layouts according to buyer preferences.

While Batumi’s real estate market is currently oversaturated with budget-friendly options, demand for upscale housing has been growing for several years, with no supply available. This new complex will give the development of residential construction in Batumi a fresh impulse.