- CITY: Batumi
- ADDRESS: 1 Tamar Mepe Avenue, Batumi
- PROPERTY TYPE: Hotel Apartments
- NUMBER OF BUILDINGS: 2 Towers
- COMPLETION: 2031 (Estimated)
- SEA ACCESS: 30 m to Sea • Private Beach
- AREA: 27.8–73.5 m²
- LAYOUTS: Studio • 1 Bedroom
- FINISH: Turnkey
- PRICE RANGE: $69,500–$244,822
- PAYMENT: Individual Schedule • Until December 2031
ABOUT THE PROJECT
Corall Seaside Resort is a large-scale beachfront development located directly on the Black Sea at 1 Tamar Mepe Avenue, Batumi.
The project combines two high-rise towers, a private beach, a five-star hotel, a planned private yacht club, casino, restaurants, business and commercial spaces, and wellness infrastructure within one integrated resort environment.
Tower B is currently in pre-sale and includes 1,250 apartments across 52 floors. Tower A will rise 55 floors and is planned to include 1,127 apartments and 100 luxury hotel suites.
WHY CORALL
LOW ENTRY THRESHOLD
Current availability starts from $69,500 for a fully finished and furnished hotel apartment.
FLEXIBLE PAYMENT THROUGH 2031
Individual payment schedules can extend through December 2031, allowing buyers to spread the purchase cost across the construction period.
CAPITAL GROWTH POTENTIAL
Batumi property values increased by approximately 65–80% over the past five years, according to market data presented by the developer.
PRIME BEACHFRONT ASSET
Direct first-line Black Sea location with a private beach and planned private yacht club, positioning Corall within Batumi’s premium coastal segment.
TURNKEY HOTEL-APARTMENT FORMAT
Apartments are delivered fully finished, furnished and equipped, reducing additional fit-out costs before use or rental operation.
MANAGED INCOME MODEL
The project includes professional management with a 40/60 profit-distribution model, with 60% allocated to the property owner.
LOCATION
Corall Seaside Resort is located directly on the Black Sea coastline at 1 Tamar Mepe Avenue, with convenient access to central Batumi and key tourism destinations.
CENTRAL RAILWAY STATION: Approx. 3 min
OLD BOULEVARD: Approx. 10 min
BATUMI BOTANICAL GARDEN: Approx. 10 min
APARTMENTS & CURRENT PRICES
STUDIO
Area: 27.8–36.4 m²
-
Turnkey From $69,500
Fully finished apartment with completed interior works, ready for furnishing and occupancy.
1 BEDROOM
Area: 38.6–73.5 m²
-
Turnkey From $96,500
Fully finished apartment with completed interior works, ready for furnishing and occupancy.
FINISH OPTIONS
TURNKEY
Corall apartments are delivered with completed construction and interior works, furniture, appliances and accessories. The specification includes finished floors and walls, bathroom finishing and sanitary equipment, built-in kitchen cabinetry, refrigerator, electric hob, washing machine, furniture, television, lighting, heating and cooling system and an electronic entrance lock.
PAYMENT PLAN
INDIVIDUAL Payment Schedule
MONTHLY Installments
UNTIL DECEMBER 2031 Payment Horizon
AMENITIES
BEACH & POOLS
Private Beach, Panoramic Pool
WELLNESS & FITNESS
SPA, Gym, Wellness Areas
SPORTS & ACTIVITIES
Private Yacht Club, Individual Piers
DINING & LIFESTYLE
Five-Star Hotel, Restaurants & Cafés, Lounges, Casino
FAMILY
Children’s Playground
EVERYDAY SERVICES
Business Center, Commercial Spaces, Retail & Lifestyle Spaces
WELLNESS
Corall Seaside Resort includes dedicated wellness and fitness infrastructure as part of the wider beachfront resort environment.
Planned facilities include a panoramic pool, signature SPA, gym and dedicated wellness areas designed for relaxation, fitness and year-round resort use.
PROPERTY SERVICES
- Reception
- Commercial Spaces
- Apartment Management Service
- Individual Piers
- Designated Management Company
- Private Yacht Club
- Business Center
DEVELOPER
CORALL SEASIDE
RESORT 3 Established Project Partners
Ibercompany Holding
Grande Group
Mziuri Development
IBERCOMPANY HOLDING
Diversified Georgian holding operating across real estate, tourism, energy, agriculture, winemaking and commercial property.
GRANDE GROUP
Hospitality portfolio includes Bakuriani Inn, Gudauri Inn and Gori Inn, alongside real estate and other business activities.
MZIURI DEVELOPMENT
Georgian-British investment and development company established in 2019.
Mziuri Gardens • Mziuri Annex • Mziuri
Wellness Its development experience includes partnerships with international hotel brands including Crowne Plaza and Hotel Indigo.
ARCHITECTURE
Hausart • Davit Gogichaishvili
ARCHITECTURAL PORTFOLIO
Paragraph Hotel • Batumi Tower / Le Méridien • Sheraton Metekhi Palace Hotel