Alliance Centropolis
Key facts
| Developer | Alliance Group |
|---|---|
| District | Rustaveli (central seafront) |
| Units / floors | 148 / 50 |
| Price from | $101,800 |
| Price per m² | $3,200 /m² |
| Promised handover | End 2024 (archived) |
| Current status | Under construction; completion now stated 2028 (originally targeted end 2024) |
| Payment plan | Up to 50-month installment; ~20% down; Bank of Georgia mortgage |
| Distance to sea | ~50 m |
| Residency-eligible ($150k) | No / verify per unit |
Location
Get directions · ~50 m to the sea
What's included
Units are delivered white-frame (unfinished), so budget finishing on top of the purchase price. The complex integrates a World Trade Center, a Hyatt Centric hotel, exhibition and MICE spaces, three-level underground parking (about 1,000 cars) and a large recreational area, with owner services and management available.
Construction updates
- 2026-05 Under construction; completion is currently stated for 2028 (Q2 2028 on the developer's own project list), later than the 2024-2025 targets signalled when the project launched in 2020. source
Status notes are dated and sourced. They reflect what public listings and reports state at each date, not independently verified site inspections.
Price history
| Date | $/m² | Source |
|---|---|---|
| 2026-06 | $3,200 | source |
Developer track record
Alliance Group See full delivery record →
Investment math
Independent yield estimate pending. Yield calculator →
Residency & costs
Entry units here start around $101,800, below Georgia's $150,000 residency threshold - so an entry studio will not qualify on its own. You would need a larger unit, or several combined, to reach $150,000 in appraised value. Eligibility is judged on appraised market value, not the price you pay - full detail in our residency guide.
Pros
- Central first-line location, about 50 m to the sea and Batumi Boulevard
- Internationally branded: World Trade Center + Hyatt Centric hotel
- Strong year-round rental demand in the prime Rustaveli district
- Established, branded developer (Alliance) with delivered projects
Cons & risks
- Delivery has slipped badly: promised end 2024, now stated 2028 (about four years late)
- Units are sold white-frame (unfinished) - budget for finishing on top of the price
- Premium price per m2 (around $3,200) for the central address
- Entry studios (~$102k) fall below the $150k residency threshold
Risks & open questions
The headline risk is the schedule. In 2020 Alliance said Centropolis would complete by the end of 2024; current listings state 2028 - roughly a four-year slip on a very large project. Before paying a deposit, get the current handover date and the delay-compensation clause in writing, confirm the payment-protection terms (Bank of Georgia is the financing partner), and budget for white-frame finishing.
FAQ
When will Alliance Centropolis be completed?
It is currently stated for 2028. Alliance signalled end of 2024 back in 2020, so the timeline has slipped by roughly four years. Confirm the current handover date and delay terms in writing before buying off-plan.
What is Alliance Centropolis?
A mixed-use flagship on Rustaveli Avenue combining a World Trade Center, a Hyatt Centric hotel, exhibition/MICE spaces and residential apartments, about 50 m from the sea.
Do Centropolis apartments qualify for residency?
Entry studios (around $102,000) fall below the $150,000 appraised-value threshold, so they do not qualify alone; larger units or several combined can. Eligibility is judged on appraised value, not price.
Get current prices & availability
Tell us your budget and timeline - we'll send the current price list and flag anything worth checking before you commit.