Ambassadori Island · First Tower
Ambassadori Group Artificial island off the coast
Under construction Announced completion: 2029
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.
Key facts
- Developer
- Ambassadori Group, a Georgian hotel group
- Location
- Reclaimed land off the Batumi coast
- Size
- 84 ha in total; First Tower: 58 floors, 1,350 apartments
- Architect
- SHoP Architects and Yüksel Proje; master plan with ARUP
- Status
- Under construction
- Announced completion
- First Tower: February 2029; whole project: 2035, according to a sales agent
- Format
- Apartments with five-star hotel services
Timeline
- September 2025
The first 26 hectares are accepted into operation by the Construction and Technical Supervision Agency.
- July 2026
The developer reports construction of the First Tower progressing in two zones at once.
- March 2026
Foundation capsule ceremony; the project is presented at MIPIM.
- February 2029
Announced completion of the First Tower.
What to check
- You buy on new land: ask for the registry extract of the plot and the permit for your tower.
- The 2035 date for the whole island is a sales agent’s figure: the public spaces and services around the tower may come later than the tower itself.
- Yields of 16% quoted in sales material are projections, not results: compare them with the 7.1% city average.
The developer
Ambassadori is a Georgian hospitality group operating five-star hotels in Tbilisi and Kakheti since 2004. The island is its first large residential development. A separate Tonino Lamborghini Tower by FK Development is also planned on the island.
This guide is independent: no developer pays to appear here.
Sources
Checked against the sources below in November 2026.
- 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)
- Georgia Today — detailed urban development plan approved
- Ambassadori Island — construction update (30 Jul 2026)
- OPR — from $112,679; full project planned for 2035
- BM.ge — Tonino Lamborghini Tower on the island (Dec 2025)
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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