Elt Building - reviews about developer

The residential complex consists of two blocks of 22 floors each, which will house 549 apartments. The project is being built using monolithic frame technology and will be completed in the 4th quarter of 2027. The address of the complex is 12, Richard Holbrook Street, Tbilisi. The infrastructure of the complex includes a spa, swimming pool, fitness room, recreation center, restaurants, bar and terrace. The type of complex is for investment and residence. The business model of management provides for the distribution of income between the owner and the hotel manager in the ratio of 60%/40%. The complex is located in a developed area of Isani, close to stores, cafes, restaurants, pharmacies, school and hospital. The price per square meter starts at $1300 for finishing, with the option to order turnkey from the developer for an additional $700 per m². The maximum price is $2900 per m² (turnkey). Monthly maintenance fee is $2 per m². Payment terms: 30% down payment, 42-month installment plan. Layout types include studios, 1-bedroom and 2-bedroom apartments.

Spanish Quarter in Tbilisi – A New Dimension of Premium Living

The Spanish Quarter is a large-scale residential complex developed by ELT Group in partnership with the renowned international Barceló Hotel Group. This is the first project in Georgia where residential apartments are combined with five-star hotel services, creating a unique space for living, leisure, and investment.

Location

The complex is being built in Tbilisi, on Richard Holbrooke Street, just ten minutes from the city center. Its location successfully combines proximity to the capital’s business and cultural areas with the tranquility of a residential neighborhood and picturesque views of the Mtkvari River and the Old Town.

Project Scale

• Total area: about 105,000 m².
• Apartments: from 30 to 126 m².
• Price range: from $45,000 to $214,000.
• More than two-thirds of the units have already been sold, confirming strong demand for the project.

Architectural Concept

The Spanish Quarter draws inspiration from the aesthetics of Mediterranean residences: spacious layouts, natural light, and terraces with panoramic views. The design achieves a balance between modern style and comfort, blending harmoniously into the urban landscape.

Infrastructure and Amenities

Residents enjoy access to a wide range of thoughtfully designed services and facilities at the level of an international hotel:

• 24/7 reception and concierge service
• Elegant lounge area for meetings and relaxation
• Cinema
• Outdoor and indoor swimming pools
• Fitness center and SPA
• Restaurant and conference hall
• Landscaped courtyard with green areas
• Three-level underground parking

Advantages

• A unique combination of residential living and hotel services
• Reliable developer with international expertise
• Strong investment appeal – apartments are easily rentable thanks to the Barceló brand
• Convenient location near Tbilisi’s business and historical center

The Spanish Quarter is not just a residential building, but a modern lifestyle where quality, aesthetics, and comfort come together in one space.

Status House – A New Standard of Urban Living in Batumi

Status House is a modern residential complex developed by ELT Group as part of the large-scale ELT Quarter project. The complex is located in one of the most dynamically developing areas of Batumi – on the Green Boulevard, at 5 Adlia Street. It combines stylish architecture, comfortable apartments, and infrastructure designed both for permanent living and profitable rental.

Location

The complex is situated in New Batumi, a prestigious location that combines proximity to the sea and the city’s business district. The Green Boulevard is considered one of the most attractive places for living and leisure, harmoniously blending modern infrastructure, natural areas, and an established urban environment.

Project Scale and Parameters

• Total area of development – about 105,000 m²
• Apartment sizes – from 28 to 110 m²
• Prices – from $27,000 to $123,000
• Already 58% of units sold, confirming the strong interest in the project

Concept and Architecture

Status House is designed for those who value a modern lifestyle while striving for comfort and aesthetics. The architectural solution combines functionality with harmony: apartments are carefully planned to ensure maximum convenience, while shared spaces create an atmosphere of style and coziness.

Infrastructure and Amenities

Residents of Status House have access to a wide range of services and public areas:

• 24/7 reception and lounge area
• Underground parking with convenient access
• Sports facilities for an active lifestyle
• Landscaped courtyard for walks and socializing

Project Advantages

• Prestigious location on the Green Boulevard in New Batumi
• Reliable developer with a proven reputation
• Flexible price range allowing buyers to choose the right option
• High investment potential due to strong rental demand

Status House is not just a residential building, but a new quality of life in Batumi, where modern architecture, developed infrastructure, and a prime location create perfect conditions for comfortable living and profitable investment.