The Batumi Island project is being implemented in accordance with the master development plan. Two peninsulas have already been fully reclaimed, and 44 hectares of territory are officially registered and fully prepared for the next stage of large-scale development. Construction work on the Tonino Lamborghini Tower Batumi project is already underway, including the pile foundation stage, which signifies the transition to the active construction phase. Full development of the project will be completed by 2030.
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According to an independent market analysis conducted by Cushman & Wakefield on behalf of FK Development, the project features high yield potential and stable payback, driven by the growing tourist flow in Batumi and its prestigious first-line beachfront location. Studios: ROI up to 16% One-bedroom apartments: ROI up to 12,9% Two-bedroom apartments: ROI up to 12,7% Being the first artificial island project in the region Thanks to the "co-sharing" system, owners receive income not only from their own apartments, but also a share of the complex's total operating revenue, which balances profitability across different property types and ensures a stable long-term cash flow. The project combines world-class infrastructure, a premium hospitality concept, and a limited supply of beachfront apartments, forming a collection-grade real estate asset and making it one of the most attractive investment destinations in Georgia. High rental income potential and confident capital appreciation make Batumi Island a strategically advantageous investment choice in the Black Sea region.
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Georgia has become one of the most attractive destinations for real estate investment in the region, offering exceptional benefits for foreign investors. Key advantages: No property tax for individuals. A flat tax rate of 5% on rental income. No capital gains tax when selling a property after two years. A transparent and efficient property registration system, ranked among the best in the world. Combined with the country's rapidly growing tourism sector and landmark projects such as Batumi Island, real estate investment in Georgia provides investors with high returns and reliable opportunities in one of the Black Sea region's most dynamically developing markets.
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We offer flexible payment terms to make investments as convenient and accessible as possible. Investors can choose one of the options: Down payment 20% and installment plan up to 4 years. Down payment 30% and installment plan up to 5 years. Our team develops an individual payment schedule, taking into account the goals and investment plans of each client.
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Batumi Island is the first artificial island in Georgia and along the entire Black Sea coast, representing one of the most ambitious and forward-thinking development projects in the region. Designed as a world-class coastal destination, it brings together innovation, an exceptional lifestyle, and remarkable investment potential. Key advantages: Prestigious location: an iconic coastal address in Batumi — Georgia's fastest-growing seaside city, recognized as the "Best All-Season Tourism Destination of 2024". High investment potential: projected return on investment (ROI) of up to 14,6% (analysis by Cushman & Wakefield), underpinned by the rapid growth of Batumi's tourism and hospitality market. 84 hectares of new opportunities: the island spans 84 hectares of newly created land designed for the balanced development of residential spaces, hotels, retail venues, green areas, marinas, and recreation zones — everything needed for modern living in one place. An iconic, region-first project: as the first artificial island on the Black Sea, Batumi Island is set to become an emblem of architectural innovation and a landmark investment destination in the region. Batumi Island brings together a luxury lifestyle, strong investment returns, and world-class infrastructure, setting new benchmarks for coastal real estate in Georgia and beyond.
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About buying property in Georgia
For reference — general market rules, not the developer’s terms
Yes. Foreign nationals may freely buy apartments and non-residential property in Georgia on the same terms as citizens. The transaction is registered with the Public Registry (NAPR).
For projects under construction, the developer can register a future ownership right to your apartment with the Public Registry. This secures your rights to a specific unit before the building is commissioned.
Copy the property’s cadastral code and paste it into the search on the NAPR public cadastral map. There you will see the plot boundaries and registered rights.
The project includes international-class infrastructure: outdoor swimming pools, a helipad, a shopping gallery, a spa, sauna, and fitness center, an international casino, and a yacht club. The building is located 30 meters from the Black Sea with direct access to a private beach.