Developer

Developer Bana Development in Batumi

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Website
Complexes
1
Year of foundation
1997
address
Queen Tamar Avenue, 62
phone+995557007900

About the developer

Bana Development is a Georgian premium-class real estate developer with over 25 years of experience in the Batumi property market. Since 1997, the company has delivered residential and commercial buildings, contributed to public infrastructure projects, and carried out the restoration of the city’s architectural landmarks.

The company maintains rigorous construction standards: full compliance with fire safety regulations, aluminium composite facades, high-quality glazing, and materials sourced exclusively from certified suppliers. Properties are handed over in green frame condition, with all engineering systems completed — electrical wiring, plumbing, central heating, and ventilation.

Batumi is one of the fastest-growing real estate markets on the Black Sea coast, driven by sustained tourist demand, rising rental yields, and a consistent upward trend in property values. These fundamentals make Bana Development’s projects a reliable and attractive option for both private and institutional investors.

Projects from Bana Development
  • Bana Development

    Queen Tamar Avenue, 62
      Bana Development is a premium-class residential complex being built by Bana Development company in the quiet resort suburb of Batumi, in the Makhinjauri district. The complex is located at 62 Tamar Mepe Avenue and 2 Iberia Street, on the first line from the sea — just 20 meters from the shoreline. Apartments offer panoramic views of the Black Sea and the Adjaran mountains. The Batumi Botanical Garden and the famous Green Cape are within walking distance. The complex comprises two 12-storey buildings constructed using monolithic-frame technology. The lower two floors of each building are dedicated to commercial premises, with residential apartments above. The facades are finished in a contemporary style featuring white panels contrasted with dark-framed panoramic glazing and open glass balconies. The exploitable rooftop is equipped with a panoramic swimming pool and public recreation area. The complex offers more than 155 apartments ranging from 28 to 67 square meters — studios, two-room, and three-room units. Green frame and turnkey finishing options are available. Both buildings are scheduled for completion in Q4 2027. The infrastructure includes a swimming pool, private beach, spa, fitness center, restaurant areas, sky-bar, co-working space, open and covered children’s playgrounds, and recreation zones. Underground parking, reception, and concierge service are provided. The territory is landscaped with a designed green environment. The city center is approximately 15 minutes away by car, and the international airport is around 35 minutes. Nearby amenities include supermarkets, restaurants, cafés, medical facilities, banks, schools, and public transport stops. Makhinjauri is one of the most ecologically clean and peaceful suburbs of Batumi, with well-developed tourist and resort infrastructure. First-line sea views, mountain panoramas, proximity to the Botanical Garden, and consistent tourist demand make Bana Development an attractive choice both for personal residence and for rental investment generating stable passive income.
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