Eagle Hills Georgia today confirmed that the second sales phase of Tbilisi Waterfront, its flagship mixed-use development on the banks of the Mtkvari, achieved a complete sell-out on the day of its launch – May 7th.

The second launch introduced apartments positioned adjacent to the project's Bristol branded luxury hotel. The location places residents within the heart of the development's lifestyle precinct, which will feature curated luxury retail, cafés, a sports complex, a spa, and a broad range of additional amenities. 

The current success builds on the momentum established by the project's inaugural sales launch in January 2026, which placed around 300 residential units - a mix of apartments, townhouses, and riverside villas, and also achieved a same-day sell-out. Eagle Hills Georgia will shortly bring its next sales launch to market, featuring townhouses and villas.

Tbilisi Waterfront represents a total investment of approximately USD 3+ billion and stands among the largest investment commitments in Georgia's history. The project is expected to make a meaningful contribution to national GDP through construction activity, long-term operations across hospitality, retail and property management, and broader indirect and induced economic effects.

The success of the current phase further reinforces Eagle Hills' deepening presence in Georgia. Alongside Tbilisi Waterfront, Eagle Hills is advancing Gonio Yachts & Marina, a 250-hectare waterfront development near Batumi anchored by a world-class marina district and incorporating branded residences, luxury hotels, retail, and extensive green open spaces. 

Its official launch is planned in the coming months. Together, the two developments represent combined investments exceeding USD 6+ billion, underscoring Eagle Hills' long-term commitment to delivering institutional-quality waterfront destinations across Georgia.