The pace of development of Batumi as a tourism destination inspired the design of a striking contemporary complex, suitable for both comfortable living and recreation, and investment in real estate. White Sails is located in the first coastal strip, in the territory of New Boulevard, and covers a total area of 30,000 sq.m.. The multi-functional complex includes four aparthotels, high-class residential houses, Sea Home Batumi – a premium-class multi-functional boutique housing, and two high-class branded hotels – Ibis Styles Batumi and the 5-star investment project The Grandeur Hotel.
The construction of White Sails complex started in 2016. The amount of investment is quite impressive – up to 60 million US dollars. The complex was designed by the BWC Project Group architectural company, which has more than 10 years of experience in this field.
“Our complex is designed for maximum comfort, and it was important for us to design a product that would improve living standards. AR Meridians and Basisbank have been going strong as partners for years. The financial support of Basisbank allowed us to complete the complex in a short period of time and transfer ownership of the apartments to their owners. During the crisis, when we needed the support of a strong financial institution, Basisbank was one of the first to stand by us and provide us with a credit line. Our mutual cooperation has produced a unique project, which in terms of infrastructure has no equivalents anywhere else in Adjara,” Natia Gogidze, Director of AR Meridians, said.
“White Sails is a successful project of Basisbank. We are pleased to have been involved as a financial partner. White Sails boasts a refined architecture with modern conveniences and delicate touches, and comfortable infrastructure that allows vacationers to enjoy full services on the spot. Our cooperation has developed successfully and we will always remain a reliable financial partner to White Sails.” Jaba Kasradze, Head of Basisbank’s Lending Department, said.
Video story of partnership between Basisbank and White Sails