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Petra Sea Resort is a multifunctional resort on the Black Sea coast, featuring rich infrastructure, professional management, and branded real estate.
The complex is being constructed with the support of the Georgian government and has been designated as a "project of regional significance."
The total investment volume will amount to $236 million. This is one of the largest investment projects in Adjara, which will create hundreds of jobs and attract thousands of tourists.
Tsikhisdziri is a beautiful place by the sea, 15 kilometers eastwards from Batumi. It's close to Petra Fortress and the residence of the Georgian Patriarch. The Petra Sea Resort is being built here, right on the front line of a private beach.
Tourists often describe Tsikhisdziri as the most scenic spot by the sea in all of Adjara. The mountains in Tsikhisdziri are close to the beaches. The area is full of greenery, with banana groves, eucalyptus, and pine forests.
In Soviet times, Tsikhisdziri was developed as a wellness resort, dotted with sanatoria and rest homes. Now, the Petra Sea Resort, covering 20 hectares, is under construction here, promising to turn a new page in the village's history upon completion.
Mirian Katamadze and Georgi Svanidze started the Petra Sea Resort in 2022. They have implemented numerous development projects in the resort regions of Georgia and in Tbilisi, significantly contributing to the country's economic and tourism indicators.
The resort consists of 42 buildings with comprehensive infrastructure: chain hotels and branded residences, open and covered swimming pools, spa and fitness centers, restaurants, a casino, an artificial lake, recreational areas, a well-maintained private beach, and a yacht marina.
Developers will build on just 30% of the 20-hectare area, reserving the remaining 70% for infrastructure and recreational zones. Petra Sea Resort will be the greenest and most eco-friendly resort in Georgia.
«Barnabishvili, Gurgendidze Architects», the country’s leading designers, created the master plan. They have developed many iconic complexes, including the New Gudauri ski resort.
The central building of Petra Sea Resort will feature a chain five-star hotel with 150 rooms. The twin towers and the 54-story, tallest building at the resort will house over 1500 branded residences.
David Gogichaishvili, another star of Georgian architecture who built the famous Batumi skyscraper with the observation wheel, is working on the concept of these buildings.
The developer has signed a contract with Valor Hospitality, an international management company. Based in Atlanta, USA, they will manage the resort and ensure five-star hotel services. This will lead to high profitability for investors. Valor Hospitality manages over 90 hotels and resorts in various regions, including North and South America, Europe, Africa, the Middle East, the CIS, and Southeast Asia.
The high-quality management at Petra Sea Resort will make it a desirable place for living and leisure. The resort offers complete real estate management and 24/7 service. Owners can trust that their property is well-cared for and brings stable income.
Accor Group, an international partner, is also involved. They manage over 5,000 hotels in 110 countries. Their portfolio includes famous brands like Pullman, MGallery, Movenpick, Rixos, and Banyan Tree.
Accor will open over 250 Pullman Living investment apartments and more than 300 Pullman Residences at Petra Sea Resort. This will be the first Pullman brand project on the Georgian Black Sea coast.
The project is large: it is a 20-hectare area with over 40 buildings and extensive infrastructure. Construction has started and will continue for seven years.
The first phase includes building the Triplet Towers – three 30-story buildings with hotel-type investment apartments. The first block will be ready for use in the second quarter of 2026.
The Triplet Towers will house 2800 residences, connected by a well-thought-out infrastructure. Guests will have access to pools, cafes and bars, a children's entertainment center, a supermarket, a gym, saunas, and parking.
Designers have focused on energy efficiency in the buildings to help residents reduce their maintenance costs by 30-40%. A notable architectural feature of the towers is the green facade.
The layouts include studios and spacious one-bedroom apartments. All apartments have balconies with sea views.
Now is the start of sales, offering the lowest prices. Studio prices at Petra Sea Resort begin at €30,000. Prices will increase as construction progresses, with an expected rise of 100 to 150%.
Investors enjoy flexible payment options: interest-free installments or full payment discounts. Georgian banks are ready to offer simplified loans to foreigners, as the project is considered reliable.
Petra Sea Resort will have rental programs for passive income. Early investors buying at low prices will earn high returns.
Buyers can customize apartments in the construction phase. This is a great opportunity for those who want a uniquely designed apartment in a branded five-star complex. Customization also increases property value over time.
