European Village The first hotel of townhouses and villas in Western Georgia. All townhouses have panoramic sea views and are within walking distance from the beach. This is a profitable investment, since one house is able to generate income for its owners from 7% to 15% per annum. Townhouses prices start from €188250 with a roof-terrace and panoramic sea views will be built on the landscaped territory of the complex in Adjara. The complex is located in a unique location – within walking distance from the sea in a quiet and peaceful place. It is easy to earn 7-15% per year in a townhouse due to the shortage of luxury real estate in the region. Profitability guarantees are prescribed in the sales contract signed in the house of Justice.
-
800 m
to the beach -
from 130,25 m2
townhouse
area -
40 cm
brick
walls -
capitalization
from 30%
per year -
buyback
after
two years -
7-15%
income
per year
The first hotel of townhouses and villas in Western Georgia
in the exclusive residential complex Elite Riviera with a guaranteed yield of 7% per annum and the possibility of repurchase.
Investment
UniquenessGuaranteed income and buyback option
The yield of elite townhouses European Village is 7% -15%. These figures were proved by the experience of commissioning similar exclusive properties on the rental market in Batumi in the past years, which favorably distinguishes villas and townhouses from flats and apartments due to their lack of supply of villas on the rental market with high demand. Some investors are worried about the turbulence in tourist flows amid the pandemic. But the pandemic does not reduce the demand of tenants for townhouses, but rather increases it. The demand for houses with their own yard already exceeded the supply. Due to the pandemic, the trend has intensified. Paying tenants around the world are now choosing to rent townhouses and villas with their own private space due to covid restrictions and the growing need for security.
Elite Riviera today is the only elite complex on the entire Georgian coast. Alternative proposals simply do not exist. We are confident in the profitability of our facilities and are ready to provide investors with the guarantees enshrined in the contract.
Buyback
If, two years or more after putting the townhouse into operation, the investor wants to return the money, the company will buy the townhouse back. This is also insurance in case your circumstances change.
If three years or more have passed since the purchase, the company will return not only the amount spent on the purchase, but also pay an additional 10% due to the capitalization of the object. The difference between the real capitalization and these 10% will be the profit.
Maintenance
Limited Offer!
The Elite Riviera is being built next to the Elite Family Residence. This location makes the location safe and comfortable – security, compliance with anti-virus measures, own infrastructure, European quality of all internal and external works, only high-quality building materials and modern technologies. Both complexes exist in the closed club format, creating a common architectural ensemble.
There are no high-rise buildings near the Elite Riviera. The beach in this place has the prospect of becoming the first beach in Georgia with a blue flag – an international symbol of the impeccability of the beach. The location is ideal for healing due to the purest water and is famous for its beauty.
The construction site of the complex is a citrus garden. We have kept as many trees as possible so that residents can take cover in their shade and pick persimmons or tangerines right from the branch.
No drop in prices for the townhouse you bought – only rise in prices. Townhouses near the sea in Batumi are in great short supply and the price for them is constantly growing along with the land! No high-rise buildings located nearby. Near the complex there is a state reserve, so the forest zone will not be destroyed and built up with high-rise buildings.
Eco-friendly and fireproof materials. Guarded playground and common area. Your money is safe. The constant capitalization of the townhouses is the rise in prices. We are taking all possible anti-COVID measures: Mandatory wearing of masks by staff, non-contact temperature measurement, and sanitization.
Why are townhouses in
Elite Riviera
Elite Riviera
without problems?
1
We give a guarantee for all types of work.
2
All communications are available: gas, water, electricity, sewerage, internet and cable TV.
3
Registration of a residence permit in Georgia comes as a gift.
4
The heating system in the house is already installed: underfloor heating, gas boiler and modern radiators.
5
We will take care of your property at your request: we will clean, guard, mow lawns, etc.
6
We will rent out your house if you wish and we will run it like a business so that the house will bring you income.
7
No more parking problems. You get your own parking space with the purchase of a house.
8
The roofs of our villas are insulated and have a triple protective layer of waterproofing.
9
Noisy and scandalous neighbors are excluded. We not only check buyers of houses in the complex in advance, but also legally guarantee peace and tranquility. Even if the house is rented out.
Company General Director
Has been managing construction companies for over 14 years. Master of Economics and Physical and Mathematical Sciences. His portfolio includes 4 multi-apartment residential complexes. Chairman of the Association of Developers of Adjara in 2008-2010.
Mass Media and Communication Assistant
Mass media issues
Сompany development Director
Technical Director
Graduated from the Faculty of Engineering and Technology of Shota Rustaveli University. His portfolio includes 18 successfully built objects on the territory of Georgia, including 7 multi-storey buildings. Master of development and application of own complex engineering solutions on projects.
Have a question?
Ask your questions and our manager will get back to you as soon as possible.
Showcase of townhouses
Warm house
European format heating system.
Heat and waterproofing according to the best European technologies; keeps cold, moisture and heat outside the window, saving utility costs. Provides comfort and saves repairs and equipment. Both walls and roof are insulated.
Heating equipment — BOSCH brand.
Repair status:
without finishing or complete renovation: the owner installs only furniture and household appliances to his liking.
Layout: 3 bedrooms with a private balcony in each, bathroom, a living room, a kitchen.
A panoramic roof-terrace, where it is easy to organize a space for relaxation with sun loungers, garden furniture, arrange a small garden to your liking and even install a small pool.
Houses for generations
Modern construction technologies, especially in southern countries, often imply a short service life of the building; an average of 20-30 years. Many skyscrapers built in New York in the 70s of the last century began to be dismantled in the early 2000s. After all, the life of many of them has already ended. A house made of ordinary reinforced concrete and a cement block, and today most of the low-rise buildings in many countries are built using this technology, will last an average of 20-30 years. The same applies to 90% of multi-storey new buildings. Reinforced concrete will last longer, cement block, which is mainly used of low quality, will last less. European Village uses the technology of combining high quality concrete with penetron. This increases the service life of the building to an average of 150 years. A ceramic block with a wall thickness of up to 40 cm with insulation and waterproofing will last 100 years with proper operation. That is, when buying a house from us, you get a house for 5 generations – one generation is considered to be 20 years. And in the case of timely overhaul, the service life is doubled and it will last for 10 generations or 200 years. Alternative technologies suggest a building service life of only 20-30 years.
First time in Batumi!
No cement block. Only safe, environmentally friendly ceramic block with high thermal and sound insulation properties
This material is fireproof, durable and environmentally friendly, unlike the cement block, which is widely used in local construction due to its low price.
No thin walls of 20 cm. We are the only ones in Adjara who make walls 40 cm thick. These are the first houses in Batumi with such walls. We use a 30 cm ceramic block with insulation and a moisture-resistant exterior finish.
No cheap windows. Only double-glazed windows of the German brand Rehau.
No cheap construction technologies. The construction teams of the company are familiar with European construction technologies and use high-quality materials.
There are no analogues of the complex anywhere else in all of western Georgia!
Latest news
Work on the screeding of floors and roofs at Villa #2 in the European Village Elite complex has started
21 June 2022
NEWS
The installation of windows in villas #1, #2 and #3 of the European Village Elite complex has been completed
21 June 2022
NEWS
The installation of formwork for the third floor floor slab continues at the Grand Villa, in the European Village Elite complex
21 June 2022
NEWS
TOP 10 Modern Georgian Brands You Need to Know
The European Village company is engaged in the construction of luxury real estate on the Georgian Riviera. The project has villa complexes within walking distance from the cleanest beach of Kvariati, as well as projects of other exclusive real estates of an elite level. The company does not build large-scale projects but instead produces exclusive properties, each of which has its own unique characteristics, which makes it stand out from the mass market.
21 April 2022
Mass Media about us: Forbes
What to Invest in: a Review of Batumi Investment Proposals With a Guarantee of Income
The development of any real estate market is closely related to its investment attractiveness. It is the presence of investment-attractive objects on the market that determines the dynamics of its development. Batumi, the second most significant city of Georgia, is no exception, the real estate market of which has been developing at an accelerated pace over the past five years.
23 February 2022
Mass Media about us: Forbes
The Quality of Construction in Georgia Is Growing
The global recession caused by the coronavirus pandemic has engulfed almost every area of the global economy. However, there are isolated examples that even in the most negative situations, sometimes truly amazing things happen. By the end of 2021, it became clearly visible that the housing construction sector in Georgia is undergoing active development. In the face of difficult world realities, this most important component of the national Georgian economy has shown record growth.
22 December 2021
Mass Media about us: Forbes
Company’s sales office
European Village
Georgia, Batumi, Gonio,
St. Andrey Pervozvanny 67-B