Developer

Developer Sunrise Development in Batumi

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Website
Complexes
2
Year of foundation
2015
address
32 Zhiuli Shartava Avenue, Batumi
phone+995591039999Emailinfo@sunrisedevelopment.ge

About the developer

Sunrise Development is a notable real estate developer based in Georgia, recognized for its significant contributions to the region’s residential and commercial real estate landscape. Established with a vision to enhance urban living, the company has been at the forefront of integrating modern architectural practices with sustainable development principles.

The inception of Sunrise Development dates back to the early 2000s, a period marked by rapid urbanization and economic growth in Georgia. The company quickly positioned itself as a pioneer in the real estate sector, leveraging advanced construction technologies and a keen understanding of market demands. Its commitment to quality and innovation has earned it a reputation for delivering high-end residential complexes and commercial properties that meet international standards.

Sunrise Development’s portfolio includes a range of projects that cater to diverse segments of the market. From luxury apartments to affordable housing solutions, the company has consistently aimed to address the housing needs of various demographics. Key projects such as the Sunrise Towers in Tbilisi and the Sunrise Plaza in Batumi highlight the developer’s ability to blend aesthetic appeal with functional design, creating living spaces that offer comfort and convenience.

The company’s success can be attributed to its strategic partnerships with leading architects, engineers, and urban planners, ensuring that each project is executed with precision and attention to detail. Moreover, Sunrise Development places a strong emphasis on sustainability, incorporating eco-friendly materials and energy-efficient technologies into its construction practices.

Overall, Sunrise Development’s history is a testament to its dedication to improving Georgia’s urban infrastructure and enhancing the quality of life for its residents through innovative and sustainable real estate solutions.

Projects from Sunrise Development
  • Batumi Sunrise Residence

    Julie Shartava Avenue, 32
      Batumi is one of the most sought-after cities in Georgia, where real estate prices are constantly rising. If you want to buy an apartment in Batumi, but the prices are too high, then you should pay attention to the new residential complex Sunrise Residence. The complex offers a wide range of apartments from one-bedroom to three-bedroom, as well as the opportunity to purchase real estate at an affordable price. You can buy a 1-room apartment or choose a larger apartment, up to 3 rooms. You can also buy an apartment without intermediaries. Buying an apartment in Batumi Sunrise Residence means that you will get not only modern housing, but also convenience of location. The complex is located just 300 meters from the beach, in one of the most prestigious areas of the city, where there is a developed infrastructure and many cultural recreation facilities. In addition, new schools, kindergartens, shops and other social infrastructure facilities will be built near the complex. When buying an apartment in Batumi Sunrise Residence, you can choose the option without intermediaries, which simplifies the process of purchasing housing. But if you need the help of specialists, the company is ready to offer you the services of experienced agents who will help make the transaction as simple and secure as possible. Thus, buying an apartment in Batumi Sunrise Residence is a great way to buy a property with a favorable price, without giving up modernity and comfort. If you intend to buy an apartment in Batumi, then the Sunrise Residence complex is at the top of the list of offers in the city.
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    • Sunrise Palace

      135 Petre Bagrationi Street
        Purchasing an apartment in the Sunrise Palace residential complex is a strategic decision for those seeking a highly liquid asset at the intersection of resort and business real estate in Batumi. The project is a 38-story business-class apart-hotel designed to generate passive income through its integrated hotel infrastructure. Unlike standard residential buildings, the complex was specifically designed to handle high rental loads. Sunrise Palace in Batumi is chosen for its combination of an apart-hotel format with resort infrastructure, ensuring stable demand and reducing the risk of vacancy during the low season. The concept is based on the principles of a modern apart-hotel with premium service. The developer, Sunrise Development, is implementing the project using monolithic construction technology, ensuring the building's seismic resistance. The property class is positioned as business-class, which is confirmed by the common areas and architecture. The completion date is scheduled for 2026. The complex's unique distinction from other new developments in Batumi lies in its hybrid nature: it is a fully-fledged hotel operator with a reception desk and a co-working space. The property belongs to the investment segment of the market due to its location in the business district and its mixed-use concept, where commercial spaces generate additional traffic and support the liquidity of residential units. The complex is located in the Javakhishvili district, at 135 Petra Bagrationi Street. The location is considered a business hub, providing access to main highways. The distance to the sea is 1,200 meters, to the city center is 2.8 km, and to the airport is 3.5 km. The district is characterized by high business activity: it is home to business centers, supermarkets, and clinics. Demand is driven by the summer tourist flow and the year-round need for accommodation for business travelers. Javakhishvili offers a calm atmosphere while maintaining liquidity, unlike the overcrowded boulevard. Growth prospects are linked to the shortage of development plots in the city center. Outdoor swimming pool and recreation area SPA center and gym Restaurant and cafe-bar Underground and surface parking 24/7 security Management company Conference hall and co-working space The range of areas varies from compact studios to family apartments. The formats include studios and "1+1" apartments, which show the highest liquidity in the rental market. Prices start from , one-bedroom options are available from , and the price per square meter ranges from to . Buyers can take advantage of an interest-free installment plan with a 30% down payment and a term of up to 17 months. The format of apartments with finished interiors and a management company is optimal for passive income, as the buyer receives a ready-made tool for renting out without the need for independent renovations. The investment logic is built on professional management and tourism potential. Rental demand is formed by the influx of tourists and business travelers attracted by the presence of a co-working space. The main tenants are foreign citizens and expats. A logical investment horizon is three to five years, after which the asset reaches peak profitability. The property appreciates in value due to the shortage of quality business-class apart-hotels in the business district of Batumi. Purchases can be made under a foreign entity, which simplifies the ownership structure for non-residents. Apart-hotel format with a professional management company Location in a business district with year-round infrastructure Private resort area with a swimming pool and SPA Availability of a co-working space and conference hall Monolithic construction technology Interest-free installment plan from the developer High liquidity of compact formats Investors: to create passive income with minimal personal involvement. For living: those who value hotel service and security. For relocation: expats for whom a developed business environment is important. For passive income: buyers planning to rent out the property through a hotel operator. Sunrise Palace represents a balanced asset for those who view the Georgian real estate market as a tool for capital diversification. The project is ideally suited for investors focused on renting out properties and buyers who value hotel comfort. The complex solves the task of acquiring liquid real estate with a clear monetization strategy. To select a unit and calculate the purchase terms, leave a request for a consultation — our expert will contact you and provide up-to-date information.
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