Overview

Description

Ambassadori Island is Georgia’s first artificial island project, located in Batumi — a city awarded World’s Leading All-Season Destination 2024. The First Tower on the island is a 58-floor residential and hotel complex, combining luxurious architecture, panoramic sea views, and full resort-level infrastructure.

Apartments are available as studios, 1-bedroom, and 2-bedroom units, all with 3.2 m high ceilings, and options for renovation and furnishing. Prices start from $110,447, and buyers benefit from a phased 48-month payment plan.

Designed for investors, the First Tower offers an average ROI of 16.4% in the first year and up to 50% profit on resale if purchased at the pre-construction stage. Full rental management and short- or long-term rental strategies are supported by strong tourism demand and an all-in-one ecosystem that includes pools, restaurants, a pharmacy, gym, supermarket, and rooftop terraces.

 

  • Investment Region: Batumi, Georgia
  • Location: Waterfront, on an artificial island near Batumi Central Station
  • Budget Range: From $110,447 to $952,020
  • Investment Type:
    ▪️ Buy-to-Let
    ▪️ Short-Term Rental (Airbnb)
    ▪️ Flip & Resell (Pre-construction stage)
  • Residency/Citizenship Interest: ✅ Yes (property over $100,000 qualifies)
  • Project Stage: Under Construction
  • Risk Appetite: Low
  • Project Type: High-Rise Residential & Hotel Complex
  • Starting from: $110,447 (Studio, 37.1 m²)
  • Projected Rental Yield: 14% (short-term) / 16% (long-term ROI)
  • Completion: February 2029
  • Residency Eligible? ✅ Yes
  • Expected ROI:
    ▪️ 16.4% in first year
    ▪️ Up to 50% profit on resale after construction

 

 Key Benefits

  • First artificial island development in Georgia
  • Only 3 minutes from Batumi Central Station
  • 58 floors, 240 parking spots, 3-level commercial area
  • Studio to 2-bedroom units with panoramic sea views
  • Full amenities: open pool, gym, rooftop terrace, pharmacy, supermarket
  • All-year tourism destination with a strong rental market
  • Payment plan available over 4 years (20/20/25/25/10 structure)
  • Construction using fast tunnel tech & monolithic concrete
  • High-speed elevators, central HVAC, and a ceiling height of 3.2m
  • Fully managed rental operations for passive income

 

 Important Info for Foreign Buyers

  • Foreigners can own 100% of property in Georgia
  • Residency eligibility: Property purchases above $100,000
  • Rental income is taxed at 5%
  • 0% capital gains tax if held for 2+ years
  • Legal support & fast ownership transfer (1–2 working days)
  • Payments accepted in USD or EUR

Address

  • City Batumi
  • Country Georgia

Details

Updated on September 18, 2025 at 12:04 pm
  • Property Status: Commercial, Investment

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