Developer: ELT group
Airport Ubani
Adlia St., 5
The premium multifunctional complex Status House is a high-tech investment project of a new generation located on the first coastline in the most promising area of Batumi. This grand property is being built by the leading construction and development company in Georgia, ELT Group, which has been successfully and stably operating in the real estate market since 2017. Over the years of its active operations, the developer ELT Group has earned an impeccable reputation as a reliable industry leader, building over 300,000 square meters of high-end housing according to strict international standards. The unique concept of this project lies in creating an integrated urban environment where residential spaces are harmoniously combined with five-star hotel services. The new building stands out favorably due to its modern modernist architecture, panoramic glazing, high ceilings, and advanced energy-efficient construction technologies. The exclusive location of the complex on the New Boulevard provides residents with direct access to well-equipped Black Sea beaches and a picturesque park area just a minute's walk from home. The richest external infrastructure is concentrated around the property, including the large shopping and entertainment center Metro City, branded shops, pharmacies, and cozy coastal cafes. Within walking distance are a well-kept Seaside Park with children's locations, elite restaurants of national cuisine, casinos, and modern entertainment hubs. A great transport interchange allows residents to reach the historic center of Old Batumi in 10 minutes, while the drive to the international airport takes no more than 5 minutes. The internal ecosystem of the building is designed on the "city within a city" principle to ensure the absolute comfort of residents and guests. At the service of residents are a panoramic outdoor rooftop swimming pool, a lounge area, a modern spa complex, and a world-class fitness center. Within the closed secured territory, a landscaped green courtyard, children's playgrounds, commercial spaces, and a spacious underground parking lot are provided. Safety is guaranteed by a 24/7 professional security service, multi-level video monitoring, smart access control, and a concierge service. All apartments are delivered with ergonomic layouts, high-quality soundproofing, and spacious balconies offering stunning panoramic views of the sea and mountains. Rental business management is fully transferred to a specialized international company, which guarantees owners stable high occupancy rates of the rooms all year round. This is a highly liquid investment asset with a colossal potential for capitalization, providing a completely passive income in hard currency.
Construction status:In progress
Project delivery:2027 (4 quarter)
Number of buildings:1 section
Frame:White frame
Number of apartments:676