New-build projects in Batumi
The large projects foreign buyers ask about, on one page each: who builds them, how tall, when they are due, what they cost per m², and what to check before you pay. Facts only, each with its source and date.
This guide is independent: no developer pays to appear here. More projects are added every month.
Silk Towers
Silk Development (Silk Road Group) Old Batumi seafront
- Announced completion
- 2029
- Asking price
- $2,821–$4,334 per m²
A mixed-use complex of three towers with podiums on the Old Batumi seafront, next to the Ali and Nino statue and the Alphabet Tower, designed with the Japanese studio Kengo Kuma & Associates. Its first tower, of 42 floors, is due in 2029.
Alliance Centropolis
Alliance Group Rustaveli Avenue, first line
- Announced completion
- 2028–2029
- Asking price
- from $3,085 per m²
Three towers of 48, 55 and 48 floors on Rustaveli Avenue, near the sea, combining apartments, a Hyatt Centric hotel and Georgia’s first World Trade Center. Construction started in 2020; the announced completion has moved from 2024 to 2028–2029.
Ambassadori Island · First Tower
Ambassadori Group Artificial island off the coast
- Announced completion
- 2029
- Asking price
- from $112,679
The first artificial island in the Black Sea: two peninsulas and an island totalling 84 hectares, with ARUP and Yüksel Proje. Its first building, The First Tower, has 58 floors and 1,350 apartments, with completion expected in February 2029.
Archi Ramada Batumi
Archi Airport district
- Announced completion
- Q4 2027
- Asking price
- from $2,340 per m²
A 30-storey aparthotel of 667 units by Archi, which says it has delivered more projects than any other Georgian developer, run under the Ramada Encore by Wyndham brand. Units are delivered fully finished and furnished; completion is listed for Q4 2027.
Compare the new-build projects
The 14 projects we have checked in Batumi's five main areas, side by side. Click a column title to sort. Prices are developers' asking prices from Korter, with the date of each update on the project page.
| Silk TowersSilk Development (Silk Road Group) | Old Batumi | $2,821–$4,334 per m² | 2029 | 42 | Calculate income |
|---|---|---|---|---|---|
| Royal CourtGeorgian Grand Development Group | Old Batumi | from $3,000 per m² | Q4 2028 | 10 | Calculate income |
| Next DowntownNext Group | Old Batumi | from $5,400 per m² | Completed | 3 | Calculate income |
| Orbi CityOrbi Group | New Boulevard | Price on request | Some blocks completed; next: Q4 2026 | 45 | Calculate income |
| Batumi ViewRecan Group Georgia | New Boulevard | from $2,205 per m² | Some blocks completed; next: Q2 2027 | 11–13 | Calculate income |
| PortofinoLomora Group | New Boulevard | from $2,100 per m² | Q4 2028 | 7 | Calculate income |
| OvalMetropol | Alley of Heroes | from $2,310 per m² | Q4 2027 | 34 | Calculate income |
| Calligraphy TowersGrand Maison | Alley of Heroes | Price on request | Some blocks completed; next: Q4 2026 | 35–45 | Calculate income |
| Next CollectionNext Group | Makhinjauri | from $2,180 per m² | Q2 2027 | 15 | Calculate income |
| Mardi Aqua Park by MercureMardi Holding | Makhinjauri | from $1,640 per m² | First block: Q4 2028 | 6–30 | Calculate income |
| Real Palace GreenReal Palace | Makhinjauri | from $2,200 per m² | Q1 2027 | 5 | Calculate income |
| Radisson ResidencesNext Group × Radisson | Gonio-Kvariati | from $4,080 per m² | Q2 2027 | 26 | Calculate income |
| Wyndham Residence BatumiNext Group × Wyndham | Gonio-Kvariati | from $3,660 per m² | Q4 2026 | 25 | Calculate income |
| Pontus Rotana Resort & SpaPontus Development | Gonio-Kvariati | from $5,117 per m² | Q4 2027 | 28 | Calculate income |
Before you pay for an apartment off-plan
Read the land and the permit
Order the Public Registry extract for the plot and ask for the construction permit: the buyer of an off-plan unit is betting on both.
Look at what the developer delivered
Visit finished buildings by the same developer and compare the dates it announced with the dates it delivered.
Read what happens if the date slips
The contract should say what you receive if completion is late, and whether you can leave.
Ask how the unit is registered
A hotel-type unit rented in the two years before its sale is taxed at 20% on the gain, instead of 0% or 5% for an apartment.
Read the operator contract
For units with hotel management, ask for the owner’s share of income, the costs deducted and the length of the contract.
Sources
Checked against the sources below in November 2026.
- Entrepreneur Georgia — Silk Towers construction progress, 2026
- Entrepreneur Georgia — Silk Towers at MIPIM 2026
- Korter — towers, floors, completion by tower, price from $3,085 per m² (25 Oct 2026)
- World Trade Centers Association — WTC Batumi, opening plan
- Real Asset Insight — 84 ha, First Tower 58 floors, 1,350 apartments, February 2029 (9 Mar 2026)
- Georgia Today — 26 ha accepted into operation (Sep 2025)
- Korter — 30 floors, 667 apartments, completion Q4 2027, finishing (25 Oct 2026)
- Gulf News — Archi: Ramada Encore by Wyndham, Le Méridien; more projects than any other Georgian developer
This guide is general information, not legal or tax advice. Rules and fees change: confirm your case with a lawyer or accountant in Georgia.
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