Developer

Developer Petra Group in Batumi

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Website
Complexes
1
Year of foundation
2022
address
Tbilisi, Chabua Amirejibi Highway 2
phone+995577251251Emailsales@petragroup.ge

About the developer

Petra Group is a Georgian development company founded in 2022, specializing in large-scale resort complexes on the Black Sea coast and in the country’s mountain regions. The developer’s flagship project is Petra Sea Resort, a multifunctional resort spanning more than 20 hectares on the first coastline in Tsikhisdziri, between Batumi and Kobuleti, next to the ancient sixth-century Byzantine fortress of Petra. The project brings together branded hotels and residences, residential and investment apartments, a private beach, swimming pools, spa centers, restaurants, and extensive recreational infrastructure. Petra Group partners with international hospitality operators: its portfolio features Accor’s Pullman and Swissôtel brands, while the resort is managed by Valor Hospitality Partners. The development holds the status of a project of regional importance and is being built with the support of the Georgian government using earthquake-resistant monolithic frame technology. Beyond Batumi, the developer is expanding into the resort destinations of Gudauri and Borjomi, strengthening Georgia’s position in the international investment property market.
Projects from Petra Group
  • Petra Sea Resort

    Memed Abashidze Street
      Buying an apartment in the Petra Sea Resort residential complex means acquiring an asset in Adjara's largest cluster, solving the problem of capital preservation. The project is positioned as a "city within a city," combining premium housing and hotel infrastructure. Unlike standalone new buildings in Batumi, the complex creates a leisure ecosystem for year-round rentals. Petra Sea Resort is chosen by investors focused on the hotel format, as the project combines branded residences and resort infrastructure, guaranteeing a stable tourist flow. The concept is built around a 20-hectare recreational space, where 70% is allocated to parks and water features. The ensemble includes three 29-story towers, low-rise villas, and ultra-premium Pullman residences. Construction is carried out using monolithic technology, with handover of phases scheduled for 2026. The developer has confirmed reliability by attracting world-renowned brands. Liquidity is ensured by the scale: the presence of a casino and private beaches creates demand for rentals in any season. The property is located in Kobuleti, 20 minutes from Batumi. The location is distinguished by its ecology, long beaches, and relict forests. Nearby are the ruins of the Petra fortress and the Shekvetili dendropark. The area is transforming into a business hub thanks to the marina and casino. A high-speed highway connects the village to the airport and the center of Adjara, making logistics as comfortable as possible for foreign tourists. Demand is supported by a shortage of supply on the first line, creating a foundation for price growth per square meter. The complex's own infrastructure meets all the needs of residents and tourists without needing to leave the premises: Indoor and outdoor swimming pools with relaxation areas SPA centers and modern fitness clubs Private equipped beach and yacht marina The largest casino and entertainment zones in the region Restaurants, bars, and commercial galleries Children's clubs and sports courts 24/7 security, video surveillance, and concierge service Professional management company Studios and apartments with well-thought-out layouts are on sale. Areas start from 27 sq. m. Handover in a white frame condition gives the investor the freedom to choose a design tailored to the target audience. Studios and one-bedroom apartments show the highest rental turnover. The starting price per square meter is {{price-m2-min}}. Studios start from {{price-studio-min}}, one-bedroom apartments from {{price-1-room-min}}, and spacious options from {{price-2-room-min}}. A 36-month installment plan is provided, allowing you to lock in the price. The logic is based on the shortage of hotel inventory and the transfer of management to professionals. The main tenants are tourists from Europe, the CIS, and the Gulf. The managed format is considered a protected asset, eliminating operational risks. Historically, branded residences have a higher entry threshold but demonstrate better resilience to market fluctuations compared to classic apartments. The investment horizon should logically be planned for the medium term: as hotels open, the capitalization of the cluster will grow. Real estate is registered as property, which is convenient for foreigners. A 20-hectare territory with its own park and water infrastructure Presence of internationally renowned hotel operators Availability of anchor attractions: casino, water park, private beach, and marina Seismic-resistant monolithic frame and panoramic views of the Black Sea Low building density in recreational areas High potential for price growth due to the "city within a city" effect Investors: for generating passive income through a professional management company and portfolio diversification. Living: for connoisseurs of privacy, ecology, and resort service away from the city hustle. Relocation: for families who value safety, a gated territory, and international infrastructure. Passive income: for buyers who are not ready to search for tenants and maintain the property themselves. Buying real estate in Petra Sea Resort is a strategic investment in the coast's flagship infrastructure project, where liquidity is supported not just by the location, but by the autonomous environment created by the developer. The complex is optimal for those seeking a balance between personal use of the apartment during vacations and stable monetization of the property during the high season. To select a unit with the best spatial layout and sea views, leave a request: we will provide a detailed consultation and help you formulate an investment strategy tailored to your goals.
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