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White Sails

Projects

A multifunctional complex featuring hotels and apartments: two 16-storey and two 18-storey aparthotels, one 20-storey residential building (C,D block), and two branded hotels: Ibis Styles Batumi and Novotel Living. Finished apartments are available in A, B, E,F aparthotels and free plan units are available in C,D residential block. The complex includes: pools, sports and play areas, casinos, conference facilities, spa services, food services like marts, cafes, restaurants, and essential services such as parking, 24-hour reception, security and maintenance service.

Amenities

Sports field

Green spaces

24/7 Security

concierge service

pool and Gym

Parking

The Complex

Investment Opportunity

Aparthotels A, B, E, F sales status, 70% sold, 30% available; in C,D block 50% are sold, 50% available. Property development for investment and income generation. Area of focus, the New Boulevard seaside of Batumi.

Affiliate Investment Partner

White Sails has its own in-house property management; owner takes 60% of revenue, White Sails takes 40% from net revenue after taxable income.

Price Point

Here are examples of lowest starting prices based on unit size and project. In A aparthotel 34.8 sq.m is listed at $48,720 USD; in B aparthotel 34.8 sq.m is listed at $52,200 USD; in E aparthotel a 27.8 sq.m unit is listed at $42,534 USD; and lastly in F aparthotel 34.8 sq.m is listed at $48,720 USD. In C,D block the lowest price is $900 USD/sq.m.

Payment Options

Single payment option is available, as well as 50% advance payment, and interest-free internal instalment till May, 2022. Mortgage loan from local banks also an option.

Unit Types

Aparthotels A, B, E, F offer studio, one and two-bedroom units. Within the C,D block similar is available, including larger units, including the option to merge apartments (sizes range from 30 to 121 sq.m). Overall, unit sizes range from 27 sq.m to 75 sq.m and larger depending on renovation and building project. Brand Attributes: tourism, entertainment, recreation and leisure fitness.