Now You Can Buy Green Diamond Apartments in GEL
MAQRO Construction Company, one of the largest investors on the Georgian market, has started selling apartments in the national currency of Georgia. The future residents of the ongoing outstanding project ‘Green Diamond’ will now be able to purchase flats in the Georgian Lari (GEL).
As Georgian people receive their salaries in GEL, high dollarization has led to many problems for the consumer today. This new offer has appeared on the MAQRO Construction agenda as social-economic conditions in the country are taken into consideration.
“GEL purchases will simplify the procedures of purchasing real estate for our consumer, helping them to avoid many financial problems. The exchange rate has been teetering for a while in Georgia and is expected to devalue against the USD by New Year. Therefore, MAQRO Construction has decided to offer flexible payment conditions for those that wish to purchase flats in Green Diamond,” said Oguz Kaan Karaer, MAQRO Chief of Project Development, PR, Sales and Marketing Officer.
Payment terms are tailored to the customers: 10% - first payment, 30% of the total amount distributed over 30 months, meaning that customers are paying only 1% monthly. When the construction is complete, customers need to pay delivery payment - 60%. Potential clients are offered a 15% discount if they pay the full amount. The more down-payment customers pay, the greater the discount MAQRO construction will offer.
Customers will receive fully renovated flats in Green Diamond, in which a square meter costs 799 USD, free from any additional payments in case of internal credit.
The offer is of an unprecedented nature for the Georgian market. Companies sell real estate in USD, as such we are confident the Georgian consumer will be satisfied with the new conditions offered by MAQRO Construction.
As potential client Mariam Berzenishvili says, the MAQRO Construction conditions take each consumer’s requests into account:
“I receive my salary in GEL. Therefore, it is more comfortable for me to purchase a unit in the Georgian national currency. Everyone knows that our country is suffering an unstable exchange rate. Many people’s expenses increase when they buy flats in USD. Therefore, I like the conditions very much. I prefer to know how much to pay and not be afraid of further devaluation of the GEL,” she says.
The new residential complex of MAQRO Construction, Green Diamond, was launched on 28th of May. Construction consists of three stages, the first stage of which includes 731 units.
The unique residential complex is being built in an ecologically clean district of Tbilisi, near to the Olympic facilities. Next to the residential complex Green Diamond a mega project – the Technological University, will be established, which will be unique in Eastern Europe. The area of the residential complex will be almost 70,000 m2, with 23,143 m2 internal green territory. It will offer a unique, brand-new and affordable life in Tbilisi.
In the residential complex you can find 23 living blocks and 1772 units. You will be able to satisfy all your needs, including with the 3 swimming pools, 4 basketball areas, 4 outdoor fitness areas, 4 children’s playgrounds, 7 pergolas, indoor sport facilities, walking and running tracks, commercial areas, social terraces, kindergarten and school.
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