Batumi, Georgia: METROPOL, a premier company in the real estate domain, has partnered with Louvre Hotels Group, an internationally respected French hospitality brand. The alliance is set to significantly impact Batumi’s skyline by developing two ambitious projects, Cube and Oval. This venture also marks the regional introduction of the luxury 5-star hotel brand, “Royal Tulip.”
Georg Schlegel, Head of the European Development Team of Louvre Hotels Group, announced this inspiring collaboration. Schlegel underscored the significance of this partnership, positioning it as a landmark progression in the region.
The Cube project is designed to attract high-end property investors who appreciate the finer things in life. It offers many unique features that encapsulate sophistication and modernity, including a conference hall, library lounge, swimming pool, terrace, and restaurant lounge area.
Contrastingly, the Oval project caters to residents seeking a blend of relaxation and luxury, offering amenities such as a wine library, cinema, swimming pool, and a welcoming terrace. Both projects reflect the perfect harmony between functional living and luxury.
By the end of 2027, the Cube and Oval projects are expected to be fully operational, housing the internationally recognized “Royal Tulip Cube” and “Royal Tulip Oval,” respectively.
CEO of METROPOL, Giorgi Mkheidze, highlighted the importance of these projects for Batumi and Georgia, reflecting their commitment to bringing top-tier brands to the region, uplifting real estate standards, and encouraging economic development.
The Cube and Oval projects, with their prime location, unique characteristics and allure, are poised to reshape Batumi’s real estate market, enticing property investors in search of lucrative opportunities. Batumi’s advantages – high rental yields, capital appreciation, low taxes, and visa-free travel – continue to make it an attractive and economical investment destination for foreign investors.
About METROPOL:
METROPOL is an emerging force in the Georgian real estate market, carving a niche with its diverse portfolio, encompassing residential, investment, and suburban projects. With five active construction projects spread over 520,000 square meters, METROPOL is making a significant impact.
METROPOL’s focus on a blend of residential and investment projects reflects their understanding of portfolio diversification’s importance and widens opportunities in the Georgian real estate market.
METROPOL’s dedication to construction excellence and community building is evident. Their plans to invest over half a billion GEL in the next three years underscores their commitment to fostering growth in Georgia’s development sector.
As a forward-thinking player, METROPOL is redefining the real estate landscape in Georgia, presenting lucrative opportunities for investors and setting new industry standards.
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