Tbilisi Waterfront Achieves Day One Sell-Out, as Georgian Buyers Lead Demand for a New Landmark Destination
Alabbar, Chairman and Founder of Eagle Hills: “The response to Tbilisi Waterfront has been truly remarkable and speaks to the strength of Georgia’s market and the confidence of its people. This development is a reflection of our long-term belief in Tbilisi as a unique destination, and our commitment to continue delivering high-quality, planned developments that create lasting value for communities.”
Tbilisi, Georgia — Eagle Hills Georgia marked a major milestone following the official residential launch of Tbilisi Waterfront, which achieved a complete sell-out day one. Strong market momentum, supported by exceptional demand and a deep pipeline of buyer interest, continued into the following day, with an additional release also selling out in full. The record-breaking turnover reflects robust demand dynamics and strong confidence in Georgia’s market and growth trajectory.
The first phase, comprising over 300 residential units, featured a curated mix of luxury apartments, townhomes, and villas overlooking the river. In addition to the residential offering, the first phase also includes the luxury Bristol Hotel along with luxury branded residences, further reinforcing the development’s premium positioning. With close to 60% of units acquired by Georgian buyers, the launch reflects strong local conviction in Tbilisi Waterfront’s value as a long-term lifestyle destination and the resilience of Tbilisi’s real estate market. Alongside solid domestic demand, the launch also attracted international buyers, further signalling investor confidence in the local market’s strength and long-term prospects.
Beyond its residential offering, Tbilisi Waterfront represents a significant economic catalyst for the city and the wider economy. With a total investment of approximately USD 3.5 billion, the project represents a significant source of long-term foreign direct investment and is expected to contribute meaningfully to national GDP through construction activity, long-term operations across hospitality, retail, and property management, and wider indirect and induced economic effects.
The successful launch further underscores Eagle Hills’ expanding presence in Georgia. Alongside Tbilisi Waterfront,Eagle Hills Group is advancing Gonio Yachts & Marina, a landmark 260-hectare waterfront development in Batumi centered around a world-class marina district, featuring branded residences, luxury hotels, retail parks, and extensive green open spaces, with its official launch planned soon. Together, the two developments represent total investments exceeding USD 6.7 billion, reflecting Eagle Hills’ long-term commitment to delivering high-quality, thoughtfully planned waterfront destinations and lifestyle communities across Georgia.
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Batumi - Apartments for Sale: Price Guide 2026
13.10.2026.15:32
How much do apartments for sale in Batumi cost? In 2026, prices at CMG projects start from $45,000, while the average price per square meter ranges from $1,350 at Panorama Del Mare to $2,600 in Piazza Residence in Old Batumi. In Batumi, apartments for sale (prices from $45,000 to $92,800 in the projects featured below) differ by location, view, size, construction stage and available facilities.
Batumi has options for different budgets, from smaller apartments near the coast to properties in the historic centre. Location can make a large difference even when two apartments have a similar size. The construction stage and payment terms also matter, especially for buyers who plan to pay for the property over several years.
What Can You Buy in Batumi at Different Price Points?
Your budget can lead you to very different types of property in Batumi. If you compare the price per square meter in Batumi, the location can explain a large part of the difference. A smaller apartment in a central area can cost the same as a larger unit in a coastal project outside the city centre. In Batumi, apartment prices are easier to compare when you look at both the total price and the cost per square meter.
For a budget of around $45,000 to $60,000, buyers can consider smaller apartments in projects such as Panorama Del Mare or Park Residence. With a budget of around $90,000 or more, options can include a studio in a central project such as Piazza Residence in Old Batumi. For people comparing real estate in Georgia, Batumi offers a mix of city and coastal properties at different price levels.
New Build or Completed Apartment: Which Costs More?
The price of an apartment can also depend on its construction stage. A property that is still under construction may have a different price from a completed apartment in the same area. The construction stage is therefore an important point to consider when comparing different options.
A completed apartment gives you the chance to see the building, common areas and the actual unit before making a decision. It can also be used or rented sooner. A property that is still under construction can offer a different set of advantages, such as access to a new project at an earlier stage and more time to plan payments before completion. The planned completion date and handover condition should also be clear.
The same applies when you compare premium apartments for sale in Georgia. Project facilities, apartment size, floor, view and finish can all affect the final price. Those who want to buy apartment in Batumi should look at these details together.
In Batumi, apartments for sale (price for new build and payment terms) can be easier to assess when you know what you will receive at the end of the project. The contract should clearly state the apartment size, handover condition and completion date. It is also worth checking whether the price includes a finished interior, parking space or access to the building’s facilities.
Batumi - Apartments for Sale: Price Examples
The three projects offer quite different types of property for buyers looking at apartments for sale in Batumi. Piazza Residence is aimed at buyers who want to stay in the centre of Old Batumi, close to the city’s historic streets and main attractions. Its apartments can suit both personal use and buyers who want a property in a central part of the city.
Panorama Del Mare offers a different setting on the Batumi coast. The project includes a rooftop infinity pool, an indoor pool, fitness and spa areas, restaurants, parking and a workspace. For buyers comparing apartment prices in Batumi, these facilities can be an important part of the decision. The project may also suit people who want to buy apartment in Batumi and use it as a holiday home.
Park Residence offers a different type of city living, with a location around 500 metres from the sea and close to a city park. The apartments feature high ceilings, large balconies and natural light, while the project includes parking, security and monitoring, a fitness area, shops and workspaces. For those researching real estate in Georgia, the three projects show how location, facilities and property type can create different options within the same market.
Explore Apartments for Sale in Batumi
If you are ready to explore real estate in Georgia, especially in Batumi or other Black Sea locations, take a closer look at the available CMG projects and find an option that matches your plans. You can review apartment layouts, project details and current offers, then contact the sales team to learn more about available units and purchase conditions.