16 June, 2022
Mziuri Gardens is a distinguished residential complex in Adjara, located a mere 6 km away from Batumi in the Makhinjauri resort, where seaside and highland climates come together in harmony and create a remarkably peaceful living environment.
Mziuri Gardens stretches across an area of 12,000 m2 and consists of three blocks, one of which will house a branch of the international five-star hotel chain Crowne Plaza.
Crowne Plaza is part of the InterContinental Hotels Group (IHG), which has a portfolio of 600 hotels in Europe, including brands such as InterContinental Hotels & Resorts, Holiday Inn and Holiday Inn Express. IHG already operates in Georgia through the distinguished Holiday Inn Tbilisi and Crowne Plaza Borjomi.
The presence of Crowne Plaza in Mziuri Gardens has significant investment value for the complex. Our residents will be able to use the hotel’s five-star services that will create all the necessary conditions for an active or relaxing holiday. Moreover, investment in Mziuri Gardens will become a constant source of significant income. Annual ROI of 14% will ensure that you can recover your investment in only 5 years by renting out your apartment.
The project also involves restoration of the historical balneological resort and construction of a 60-room health spa that will be accessible to residents of the complex, as well as any local or international visitors.
Our goal is to transform Adjara, and specifically Makhinjauri into an all-year resort that welcomes visitors from all over the world. The five-star Crowne Plaza and the balneological resort will play an important role in this plan.
The project is entering its final phase. The total investment cost is GEL 85 million.
Source: https://bit.ly/3vGSIHl