The first skyscraper in Tbilisi has been officially accepted into exploitation

The first skyscraper in Tbilisi has been officially accepted into exploitation

The FINANCIAL -- The premium class multifunctional complex, which brings together the King David Residences and the King David Business Center’s towers is now complete.

Tbilisi will officially have a new residential complex in September 2017. The 70 million USD project received international recognition in 2016 when it was nominated as the best multifunctional complex in Georgia by the International Property Awards.

The King David Residences is located in the tower, which has 32 floors and offers the kind of hotel services to its residents. High ceilings, stained-glass views, free planning and well-built infrastructure opens up fresh essence of living in a city center of Tbilisi. At this stage, 45 % of the residences have already been sold and the vast majority (85%) of the respective clients are Georgian businessmen, who actively operate in wide range of business sectors.

The entire tower with 19 floors is occupied by the King David Business Center, which will be launched already in July. From summer 2017, companies such as the Colliers International, Samsung Georgia and PwC Georgia will be represented at the King David Business Center. To the interested parties, company offers flexible payment terms. One can purchase office space, as well as take on lease.

The ones interested to purchase residences may utilize 0 % internal installment payment option, as well as receive a loan up to 20 years with 10 % of co-sharing. The minimal space of residences starts from 48 sq. meters.