King David Complex Sets New Standards in Luxurious Living

We live in a world of constantly changing taste, where customers expect to have nearly every comfort at their fingertips. The King David complex sets new standards for luxurious living, creating new demand in the Georgian market.

The ambitious King David Residence project, which unites two 31 and 19 floor towers, is the first condominium project in Georgia. The higher tower—called King David Residences—will contain apartments, whereas the lower tower—King David Business—will include a business center and hotel.

The two towers are connected by six floors, where 40% of the amenities will be situated. These amenities will include a 28-meter swimming pool, a spa and fitness center, a beauty salon, an entertainment area and playground for children, and a recreational green zone opening onto a 1400-meter terrace accessible from the swimming pool.

The King David Business Center will have a separate lobby for business meetings, an event hall, and a restaurant; the residential tower will have a lobby with a bar and a concierge. Regular apartments, studios, duplexes, and penthouses will be available in the residential tower, starting from 1500 USD per sq. meter. Parking space will be provided underneath the building on the first and second floors.

A five star restaurant with a panoramic view of Tbilisi is planned for the 31st floor of the King David Residences tower. The project will include five restaurants overall.

The entire King David Tower Complex is being funded by a 70 Million USD investment. The construction process started in 2011, and the company sees the long construction schedule as an advantage. This schedule allowed for constant oversight of the foundation and construction by Georgian and international organizations. The facades of the buildings were completed and supervised by the German company SCHUCO, then tested in Germany, showing that the facades can resist many types of natural disasters—even a magnitude-nine earthquake.

The construction and fire safety of the buildings comply with all existing international standards, something that’s been noted among the advantages of the King David Residence and Business complexes. It is also equipped with alternative water sources and a supply of electricity, provided by power generators and water reservoirs. The project is said to be energoeffective due to the “Guardiangalss” solution, which was developed by an American company. At the prestigious annual International Property Awards, attended by leading experts in the real estate sector from around the world, the King David complex won the Best Mixed-use Development Georgia nomination, and it was named best multi-functional complex in Georgia by the European Property Awards.

From March 20th, King David offers simplified conditions for buying the apartments at the residence, lowering the initial fee by 10% and adding a special discount on certain types of apartments until April 30th.

Nino Gugunishvili

27 March 2017 19:19