Developer

Developer Mardi Holding in Batumi

Copied!
Website
Complexes
4
Year of foundation
1991
address
2 Egnate Ninoshvili street, Batumi, Georgia
phone+995574202020Emailsales@mardi.ge

About the developer

Mardi Holding is a Georgian business group with more than 35 years of entrepreneurial experience and a diversified ecosystem spanning real estate development, construction, hospitality, property management, tourism and related services. Established in 1991, the Group began as a family-owned business and progressively expanded into multiple sectors before entering real estate development in 2010.

Today, real estate development represents the Group’s core business, with 17+ large-scale projects completed across Batumi, Tbilisi and Bakuriani. Its portfolio encompasses residential complexes, hotel-type residences, commercial properties and mixed-use developments, reflecting a long-term approach to urban development and changing consumer needs.

Mardi’s ecosystem extends beyond construction and asset delivery. Through its hospitality and property-management capabilities, the holding remains involved in the operational lifecycle of selected assets, creating an integrated model that connects development, hospitality, management, tourism and customer experience. Strategic partnerships with international hospitality operator Accor have further expanded this platform, bringing globally recognized brands and hospitality expertise into Mardi’s developments.

The Group’s current development pipeline reflects this evolution, with projects designed around contemporary residential, hospitality and mixed-use concepts, including branded developments and destination-oriented assets in Batumi. Its ecosystem is supported by an established professional team, international partnerships and an expanding focus on new markets and cross-border business relationships.

With more than three decades of operating history, 17+ completed real-estate projects, 5,000+ apartments delivered and more than 300,000 m² developed, Mardi Holding combines the experience of an established Georgian business group with an increasingly international development and hospitality platform.

Projects from Mardi Holding
  • MARDI AQUA PARK BY MERCURE

    Akhalgazrdoba str., 3
    from $2,550 per m²
      The MARDI AQUA PARK BY MERCURE residential resort in Batumi is chosen by buyers looking for premium resort real estate with integrated hotel infrastructure for investment and leisure. Developed by Mardi Holding in official partnership with global hospitality operator Accor under the Mercure brand, the complex combines a wellness resort concept with its own large-scale on-site water park, providing sustained year-round occupancy and an exceptional coastal living experience. MARDI AQUA PARK BY MERCURE belongs to the premium mixed-use hospitality investment segment. The distinctive scale of the project is defined by its concept — it is the flagship branded hotel and residential development in Makhinjauri featuring an extensive water park, a luxury wellness and spa center, and comprehensive resort amenities. Developer Mardi Holding brings over 35 years of solid entrepreneurial track record with more than 17 delivered benchmark projects across Georgia, including Novotel Living and Mardi City Center. The strategic partnership with Accor guarantees full compliance with rigorous international construction and hospitality service standards. Project completion is scheduled for Q4 2028. The 31-story landmark features 472 turnkey residences (located on floors 2–21). All apartments are handed over in turnkey condition, completely finished, furnished, and fitted with premium appliances according to Mercure's global standards. Full rental management is handled by the professional hotel operator. The project stands apart from other Batumi developments through the powerful synergy of the Accor/Mercure brand, a dedicated water park, and a generous 20,000 m² territory, generating high demand from quality travelers without requiring hands-on management from the owner. The complex is situated in the picturesque Makhinjauri balneological resort district at 3 Akhalgazrdoba Street, only 250 meters from the coast (a 5-minute walk to a private serviced beach). Makhinjauri is famous for its unique microclimate blending mountain and sea breezes, healing thermal mineral springs, and proximity to the world-renowned Batumi Botanical Garden. Close proximity to Batumi International Airport and the city center guarantees excellent transport accessibility while insulating the resort from urban density and noise. This provides an unrivaled advantage for guests and residents who value privacy, serenity, and natural surroundings. The long-term capital appreciation of Makhinjauri real estate is underpinned by the strict scarcity of coastal land and the development's elite status as the area's premier branded wellness destination. Dedicated on-site water park across a 20,000 m² landscaped territory Outdoor and indoor heated swimming pools Luxury spa and wellness center with balneological therapies State-of-the-art fitness gym and open-air workout facilities Tennis courts and basketball court Children's entertainment center and creative play areas 3 signature restaurants and 2 stylish cocktail bars Panoramic rooftop lounge with sea vistas Conference facilities and dedicated coworking spaces Private serviced beach and direct shuttle to thermal springs 24/7 concierge service, on-site security, and video monitoring Professional turnkey rental management by global hotel operator Accor Underground and secured surface parking The project offers ergonomic apartment configurations ranging from 30 to 111.5 m²: Studios (30 – 41.75 m²): from $75,300 1-bedroom apartments (52.5 – 69.6 m²): from $128,100 2-bedroom apartments (103.6 – 111.5 m²): from $240,352 Exclusive 21st-floor penthouses (from 111.5 m²): from $2,800 / m² Prices start from $2,550 / m² turnkey. Convenient purchase terms include a 30% down payment with 0% interest installment plans up to 36 months. Investment stability is reinforced by Accor's worldwide reservation system and global ALL loyalty program. The self-sufficient infrastructure with a water park and spa makes the complex a year-round magnet for travelers. Primary tenants include leisure families, corporate guests, and wellness tourists. The investment model delivers predictable foreign-currency yields through hands-off operator management and substantial capital gains upon delivery in 2028. Foreign investors obtain full freehold ownership rights without restrictions. Official branded partnership with world-renowned hotel group Accor (Mercure) Private on-site water park and resort grounds spanning 20,000 m² 250 meters to the sea with a dedicated private beach Full turnkey delivery with designer finishes, furniture, and appliances 0% interest installment plan for 36 months (30% down payment) Developed by Mardi Holding with 35+ years of verified industry leadership Located in the historic Makhinjauri balneological resort near mineral springs Scheduled completion date: Q4 2028 Investors — internationally recognized brand, Accor's global booking engine, and reliable high-yield passive income. For living and vacation — full resort living, extensive sports and children's amenities, pristine air, and private beach access. For relocation — spacious layouts, fast connectivity to Batumi's business district and airport in a tranquil coastal setting. For passive income — complete turnkey ownership: the hotel operator manages marketing, bookings, guest services, housekeeping, and maintenance.
      Copied!
    • Novotel Living

      62 Tamar Mepe Avenue, 2 Iberia Street
      from $2,285 per m²
        The Novotel Living residential complex in Batumi represents a premium real estate format, created for buyers who view the property both as a place to live and as an investment asset. The project stands out in the city's new construction market through its partnership with the international hotel group Accor, which ensures managed operations and stable rental demand. Thanks to the brand and location in the Makhinjauri district, the complex addresses the task of long-term capital investment with the possibility of generating passive income. The Novotel Living concept is built on combining residential format with hotel service. Developer Mardi Holding implements the project together with operator Accor, positioning the property as a premium-segment investment product. This model differs from standard new buildings in the city by having a professional management company and a built-in rental program. The property class is defined as premium. The complex architecture includes 13 floors, well-designed common areas, and an emphasis on environmental sustainability. The property format assumes apartments with ready-made finishes and the possibility of connecting to the hotel management program. The completion date of the facility is December 1, 2024. The project is completed and commissioned, which reduces risks for buyers and allows assessment of the actual condition of the property. The implementation stage affects liquidity: completed new buildings in Batumi are in high demand among investors who are not ready to wait for construction to finish. The unique distinction of the project from other residential complexes in the city lies in the Novotel brand. The international name ensures tenant trust and allows setting competitive rates. The project scale is oriented toward a niche audience, which maintains privacy and living comfort. The complex is located in the Makhinjauri district at Tamar Mepe Avenue 62, Iberia Street 2. This is a coastal zone of Batumi that combines a quiet residential atmosphere with proximity to tourist attractions. The distance to the city center is several kilometers, providing a balance between tranquility and infrastructure accessibility. Proximity to the sea forms the main demand for rentals in the summer season. Tourist flow in Makhinjauri is stable thanks to the beach area and developed embankment. Business activity in the district is moderate, making the location attractive for buyers seeking a place for seasonal living or rental to vacationers. District infrastructure development continues. Within walking distance are shops, cafes, and public transport stops. Prospects for property value growth in Makhinjauri are linked to limited supply of completed premium-class properties and continued interest from foreign buyers in Batumi. The district differs from central zones of Batumi by lower construction density and less noise. For long-term rental, this is an advantage, as tenants value tranquility. For seasonal rental, the location works due to the beach and view characteristics. Swimming pool Common areas for relaxation and socializing Green territories and eco-zones Parking Security and video surveillance Management company from Accor Commercial premises on the first floors The presence of an international-level management company ensures professional property maintenance. This is critically important for investors who do not permanently reside in Georgia. The pool and common areas increase attractiveness for tenants and justify the premium rate. The apartment area range is from 34.3 to 67.3 m². Three formats are presented: studios from $96,256, one-room apartments from $119,070, two-room apartments from $207,654. The cost per square meter starts from . Studios with an area from 34.3 m² are considered the most liquid format for short-term rental. One-room apartments from 44.5 m² are in demand among couples and small families. Two-room options from 65.9 m² are suitable for long-term rental or personal living. In the Batumi market, compact formats demonstrate high turnover in rental. This is related to the tourist profile of the city and demand for budget options with quality infrastructure. For resale, studios and one-room apartments also show better liquidity. Payment terms include the possibility of installment plans. Specific parameters should be clarified with project managers. The rental possibility is implemented through Accor management company. The main tenants are tourists visiting Batumi in season, as well as expats and remote workers in the off-season. The investment logic of the project is built on brand, location, and professional management. Property value growth in completed Batumi projects is due to limited supply of completed premium-class apartments. Rental demand is formed due to: the Novotel brand attracts guests who trust international standards, the Makhinjauri location ensures proximity to the sea with a calm atmosphere, the management company guarantees stable maintenance and occupancy. The investment horizon for such a format is logically considered from 3 years. This allows completing a full cycle of seasonal rental and fixing property value growth as the district develops. Current construction status — the facility is completed. The buyer receives ready property without unfinished construction risks. The ownership format assumes full ownership rights. For foreign buyers, the purchase procedure in Georgia is simplified: no residence permit is required, property registration takes several days. This makes Batumi an accessible market for international investors. Partnership with international hotel group Accor Completed facility with completion date December 1, 2024 Location in coastal Makhinjauri district Premium class property with pool and green zones Professional management company for rental Environmental concept with sustainable practices Niche format on 13 floors with private atmosphere Two key advantages distinguish the project against most new buildings in the city. First — the Novotel brand, which ensures tenant trust and the possibility of connecting to the global booking system. Second — the completed construction stage, which eliminates delay risks and allows assessment of actual property quality before purchase. Investors seeking a completed property with managed rental who do not want to engage in independent tenant search. The brand and management company take on operational tasks. For living — buyers who value a quiet district with proximity to the sea and premium-class infrastructure. Makhinjauri offers a balance between tranquility and Batumi center accessibility. For relocation — families and remote workers who consider Georgia as a country for long-term living. The simple purchase procedure for foreigners and ready apartments simplify the relocation process. For passive income — investors who want to receive rental income without personal participation. The management company ensures occupancy and property maintenance. The Novotel Living residential complex in Batumi is suitable for buyers seeking completed premium-class property with professional management and investment potential. The project solves the long-term capital investment task through the brand, location in Makhinjauri district, and completed construction stage. For investors, this is a format with managed rental; for residents — a comfortable environment with international-level infrastructure. Submit a consultation request to select an apartment for your task and receive current information about available layouts.
        Copied!
      • Mardi City Center

        Pushkin str., 33 / Alexander Sulaberidze str.
        from $820 per m²
          The Mardi City Center residential complex in Batumi addresses the needs of buyers seeking a balance between an accessible entry point into real estate and the potential for value appreciation. The project stands out from other new developments in the Bagrationi area through its monolithic construction technology, transparent installment plans from the developer, and apartment formats in demand for both living and rental purposes. Purchasing here fulfills the need for a liquid asset with a clear investment horizon until completion. Mardi City Center is positioned as an investment product in the mass segment with comfort-class elements. The project concept is to create functional housing in a developing area without overpaying for premium finishes, while ensuring quality guarantees from the developer. The building architecture features a modern monolithic 20-story structure, ensuring construction density while maintaining apartment insulation. The real estate format comprises apartments ranging from 33 to 74.1 m², targeting individual buyers, young couples, and investors. Completion date — 2027, with phased project implementation allowing construction progress monitoring. Developer Mardi Holding is a company with a portfolio of 17 completed projects in Georgia, including hotels and residential complexes, building trust in timelines and implementation quality. The project's unique distinction lies in combining a location within walking distance of the sea with a price per square meter below Batumi's market average, which is rare for the foundation stage. The complex is located in the Bagrationi district, at Pushkina Street, 33 / Aleksandre Sulaberidze Street. The distance to the Black Sea coast is 600 meters — walking distance without the noise of the first line. The area belongs to a tourist-active zone: cafes, supermarkets, pharmacies, and transport hubs are concentrated here, generating stable rental demand. Proximity to the airport (about 15 minutes by car) and Batumi city center enhances appeal for temporary residents and digital nomads. Demand for the area is driven by infrastructure development: new hotels, coworking spaces, and services have opened here in recent years, increasing real estate liquidity. The project is chosen in this location precisely due to the balance between entry price and value growth potential as territory landscaping is completed. Underground and guest parking 24/7 security and video surveillance Developer-managed property company Commercial premises on the ground floor Modern elevators and utilities Landscaped grounds Apartment area range — from 33 to 74.1 m². The offering includes one-bedroom formats from $34,604, as well as larger options for family living. Price per square meter starts from $820, which is below the site's average indicator and creates an advantage during early sales stages. Installment terms require a 30% down payment with equal payments over 12 months without markup. From a liquidity perspective, compact one-bedroom apartments are considered most in demand for short-term rental during the tourist season, while two-bedroom formats attract long-term tenants and buyers for personal residence. The investment logic for Mardi City Center rests on three factors: limited supply in the price segment under $1000 per m² in the Bagrationi location, growing tourist flow to Batumi, and the developer's reputation reducing timeline risks. Rental demand is driven by proximity to the sea and infrastructure: main tenants include tourists, remote professionals, and students at local universities. The investment horizon until 2027 allows price fixation at an early stage and asset realization after commissioning, or passive income generation through management company services. The project is under construction, offering floor selection and view preferences. Ownership format is freehold; purchase is available to foreign citizens without additional restrictions. Property value growth is supported by completion of area infrastructure projects and the general trend of real estate appreciation in Black Sea coastal resort cities. Entry price below Batumi market average with location 600 m from the sea Interest-free installments from a developer with proven implementation experience Monolithic construction technology ensuring durability and sound insulation Compact apartment format in demand in the rental segment Developed infrastructure in Bagrationi district: transport, services, entertainment Transparent purchase terms without intermediary markups Value growth potential as the object nears completion and the location develops Investors find the project appealing for the opportunity to fix prices at an early stage and acquire an asset with clear rental logic. For living, the complex suits those who value walking access to the sea but wish to avoid first-line noise and premium segment overpayment. For relocation to Batumi, the apartment format with a management company simplifies adaptation and household maintenance. For passive income, compact layouts ensure high occupancy during the tourist season with minimal maintenance costs. The project is chosen when the goal is to acquire liquid real estate in Batumi with a balance of price, location, and developer reliability. Mardi City Center fulfills the need for an investment asset with transparent terms and growth potential, making it a rational choice within the city's market. For apartment selection considering budget and purchase goals, consultation on available layouts and reservation terms is recommended.
          Copied!
        • MARDI AQUA RESIDENCE

          Ahalgazrdobis 3
          from $920 per m²
            Buying an apartment in MARDI AQUA RESIDENCE Batumi is the optimal solution for those looking for high-quality resort real estate with integrated hotel infrastructure. This project from the experienced developer Mardi Holding fundamentally differs from classic urban new buildings by having its own large-scale water park and wellness center. The complex is chosen due to the unique combination of a private location in Makhinjauri and an autonomous entertainment environment, which ensures year-round tenant demand and solves the buyer's task of forming a stable passive income or comfortable living by the sea. The concept of the project is built on the synergy of a modern living space and a world-class resort environment. The object is positioned in the segment of premium mixed-use real estate. The architectural design is harmoniously integrated into the landscape of the Black Sea coast, offering residents panoramic glazing, high ceilings, and spacious scenic terraces with direct views of the sea and mountains. The project is being developed by a reputable developer with a significant portfolio of completed properties in Georgia and deep expertise in creating large resort clusters. The scale of construction implies tight integration with the infrastructure node of a well-known hotel brand, which automatically raises the market status of the location and sets high service standards. The completion date of the complex is scheduled for Q4 2029, and construction is being carried out strictly according to the engineering schedule. The housing format is represented by modern apartments designed considering international standards for operating hotel spaces. The object is located at 3 Akhalgazrdoba Street, in the green and ecologically clean area of Makhinjauri. The distance to the sea coast is only 150 meters, which guarantees residents quick access to equipped beaches. The area is located in close proximity to the Batumi Botanical Garden, which is the most important natural attraction of the Adjara region. The location combines the privacy of suburban life with convenient access to the business and tourist center of Batumi, which can be quickly reached by car. The tourist flow here is formed by connoisseurs of wellness practices, clear sea, and a relaxing holiday away from city noise. The development of the area's infrastructure is proceeding at an active pace; new restaurants, walking areas, and service facilities are appearing. The prospects for the growth in the value of a square meter in this part of the city are justified by the strict shortage of vacant plots for development on the first coastline and the rapidly growing interest of the audience in eco-destinations. The internal filling is designed according to luxury hotel standards to cover all the basic needs of residents in recreation, sports, and wellness in one territory. Own water park with several pools for adults and children Modern SPA center with a diverse range of body relaxation services Three restaurants focusing on healthy gastronomy and two cocktail bars Specially equipped outdoor BBQ area Fitness center with professional strength and cardio equipment Sports grounds for active leisure, including tennis courts and basketball Children's play infrastructure Conference rooms for corporate and specialized events Underground parking and a security system with 24/7 video surveillance Professional management company and commercial premises on the ground floors The complex offers a variable choice of ergonomic layouts, where the range of areas varies from 32.6 to 286.7 square meters. Apartments of various configurations are available, suitable for both individual travelers and large families. The minimum price per square meter in the residential complex is $920, and the maximum price per square meter reaches $1,500 depending on the view characteristics and floor. The average base price per square meter is fixed at $920. The starting price of a studio begins at $38,400. The price from a 1-room apartment is $40,340, the price from a 2-room apartment is $59,990, the price from a 3-room apartment starts at $132,700, and the price from a 4-room apartment is $432,540. In the exclusive segment of the project, premium real estate is also provided, where the price of a villa is N/A. Buyers have the option of an installment plan for 12 months, but the exact payment conditions should be clarified individually. The practice of the Adjara market shows that compact formats in complexes with developed infrastructure remain the most liquid instruments for resale and renting. The investment logic of acquiring apartments in this project is based on exceptional infrastructure filling. The demand for the complex in rent is formed due to integration with the wellness industry, which allows the object to generate yield regardless of the traditional summer beach season. The presence of its own water park and spa center attracts a solvent audience throughout the year. The main tenants are families with children, medical tourists focused on wellness programs, and corporate clients. The investment horizon for such a format assumes both a medium-term strategy with fixing profits through the resale of the asset after commissioning, and long-term retention of the asset to receive regular dividends. Foreign investors acquire real estate in Georgia in full private ownership with the right of free disposal. The investment liquidity of the object is explained by direct access to recreational areas and a shortage of similar projects in the regional market. Integration into the environment of a wellness resort with a large-scale water park, which objectively distinguishes the project among the absolute majority of city offers. Advantageous location 150 meters from the sea beach in a quiet area near the Botanical Garden. Scale and reputation of the developer, ensuring compliance with high architectural standards. An impressive variety of solutions from compact studios to residences of over 280 square meters. Availability of full-fledged infrastructure for sports, including tennis courts. Creation of a completely autonomous living environment with restaurants, bars, and a spa clinic right on the closed territory. For investors: to qualitatively diversify the portfolio by acquiring highly liquid resort real estate with a proven year-round occupancy potential. For living: for connoisseurs of absolute comfort, hotel service, and living in an ecologically clean coastal zone away from the bustle of the city. For relocation: for families with children who fundamentally need ready-made entertainment infrastructure, safety, and a closed protected area. For passive income: for buyers planning to transfer the management of the apartments to a professional company and stably monetize the asset without personal presence. Summing up, it can be argued that the project is a fundamentally thought-out resort and investment cluster. The project solves the investors' task thanks to an autonomous hotel infrastructure that guarantees stable tourist traffic and high liquidity of the asset in the Adjara real estate market. This is a reliable instrument for those who want to combine comfortable personal recreation on the coast with the acquisition of a profitable asset. To select the optimal layout and discuss individual purchase conditions, we recommend leaving a request for a consultation with a specialized expert.
            Copied!
          Projects on map
          Get a free consultation

          Contact us and a manager will get in touch with you

          Get a free consultation