Silk Development is a leading premium real estate development company in Georgia, responsible for managing all construction and landmark architectural projects within the prominent Silk Road Group portfolio. The company specializes in high-end residential complexes, multi-functional developments, and world-class hospitality assets, including Radisson hotels and exclusive elite properties across Tbilisi, Batumi, Tsinandali, and Abastumani.
With over 21 years of market expertise and an investment footprint exceeding $1.3 billion, Silk Development has successfully delivered 10 major projects that redefine the country’s urban landscape. By collaborating with world-renowned international architectural studios, such as Kengo Kuma & Associates and David Chipperfield Architects, the company delivers uncompromising construction quality, modern design, and sustainable harmony with the local environment.
Buying an apartment in Silk Towers in Batumi is a choice for buyers seeking a premium mixed use project in the historic city centre rather than a standard seaside apartment complex. The project stands apart from most new developments in Batumi through its combination of a first coastline location, architecture by Kengo Kuma & Associates, four towers and a site covering almost 10 hectares. The format is suitable for permanent living, holidays and rental income in a segment above the mass market. Silk Towers is being developed as a premium multifunctional district. The project combines residential apartments, five star hotels, a casino, restaurants, SPA facilities, swimming pools and sports infrastructure. Its investment value is supported not only by the characteristics of each apartment but also by the scale and quality of the surrounding environment. The architectural concept was developed by the Japanese studio Kengo Kuma & Associates. The buildings are positioned to provide panoramic views, natural light and effective air circulation. Terraces, landscaped areas and natural textures distinguish the project from typical high rise developments in Batumi. The complex comprises four buildings and is being implemented in stages. The first phase includes a tower, an additional building, a 2 hectare park and a yacht club with a marina. Construction is currently underway, with completion scheduled for 2029. The buildings rise to 47 floors, use monolithic construction technology and are equipped with elevators. The developer, Silk Development, is part of Silk Road Group and has operated since 2005. The group’s experience in hotel real estate supports the professional service model planned for the complex. The complex is located in Old Batumi at 6 Barbiusi Street, approximately 100 metres from the sea. Batumi Boulevard, the Ali and Nino sculpture, Alphabetic Tower, the Ferris wheel and the seaport are nearby. Piazza Square is approximately 1.5 kilometres away, Europe Square is about 1.8 kilometres away, and Batumi International Airport is 7.3 kilometres from the project. Old Batumi attracts tourists, business travellers and buyers purchasing property for personal use. Unlike the more remote sections of New Boulevard, this location provides walking access to the beach, restaurants, cultural landmarks and central entertainment venues. This combination strengthens the liquidity of the property within the premium segment. Indoor and outdoor swimming pools SPA, wellness facilities and a fitness centre Padel tennis courts Private yacht club with a marina A 2 hectare landscaped park Restaurants, cafés, a casino and retail spaces Parking, security, reception and concierge services Apartment management by Silk Hospitality The service package includes technical maintenance, housekeeping and rental management, making remote ownership more convenient. The project offers studios and apartments with one, two or three bedrooms. Each residence includes a terrace and views of the sea, city, mountains or park. Published layouts include studios of approximately 28.4 to 29 square metres, one bedroom apartments of approximately 45 to 52 square metres and larger units of approximately 71 to 72 square metres. Studio prices start from , while the minimum price per square metre is {{price-m2-min}}. Interest free instalments are available for up to 48 months with an initial payment starting from 20 percent. Current payment terms and apartment availability should be confirmed at the time of enquiry. Studios and compact one bedroom apartments are generally the most liquid formats for short term rentals. Two and three bedroom residences are more suitable for extended stays, family rentals and permanent living. Rental demand is supported by the Old Batumi location, proximity to the sea, hotel level services and the project’s private infrastructure. Potential tenants include tourists, business travellers, couples and families. The project is currently under construction. A logical investment horizon includes completion of the relevant phase, launch of the infrastructure and transition of the complex to stable operation. Buyers are investing not only in an individual building but also in a developing premium resort district. Liquidity is reinforced by the size of the territory, internationally recognised architecture, the park, the yacht club and the combination of residential and hotel functions. Batumi has many seaside apartment projects, but significantly fewer developments offering a fully integrated premium environment. The limited supply of this format distinguishes Silk Towers as a long term property asset. Foreign citizens may purchase urban property in Georgia under private ownership. The terms of the purchase agreement should be reviewed for the selected unit. First coastline location in Old Batumi, approximately 100 metres from the sea Architecture by Kengo Kuma & Associates Four buildings on a site of almost 10 hectares Private yacht club and marina A 2 hectare landscaped park Hotel, leisure and entertainment infrastructure Management and services by Silk Hospitality For investors, the project offers a premium property at the construction stage, with value linked to the completion of the entire mixed use district. For personal living, it is suitable for buyers who prioritise the city centre, the sea, green space and a high level of service. For relocation, the project suits buyers seeking the lifestyle and infrastructure of Old Batumi. For passive income, compact apartments with professional management are the most practical option. Silk Towers in Batumi is suitable for buyers prepared to invest before construction is completed and who view an apartment as part of a premium resort complex. Compact layouts are the more rational choice for rental use, while residences with separate bedrooms are better suited to permanent living and long term ownership. A current selection of available apartments and an individual consultation can help identify the most appropriate unit.
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