Silk Towers

Silk Tower 1 is taking shape in one of Batumi's most sought-after locations, directly on the Black Sea waterfront in the historic heart of the city. Positioned next to the iconic Ali & Nino sculpture and Batumi Boulevard, it forms the first part of an approximately USD 1 billion master development by Silk Development. Across around eight hectares, Silk Towers will bring together four buildings, premium hotels, restaurants, wellness and sports facilities, entertainment, extensive landscaped areas and a private marina. The architectural concept by Kengo Kuma & Associates combines contemporary design with natural materials, daylight and the distinctive character of Georgia's Black Sea coast. Highlights • Prime waterfront location on the first coastline of Old Batumi • Architecture by Kengo Kuma & Associates • Part of an approximately USD 1 billion master development • Around 8 hectares with four buildings • Private yacht club and marina • Approximately 20,000 m² landscaped park • Hotels, casino, restaurants and bars • Indoor and outdoor pools, spa and fitness centre • Two-level indoor padel facility and additional sports infrastructure • Professional hospitality operations for apartment owners Apartments Silk Tower 1 offers studios as well as one and two-bedroom apartments. Every residence includes a private terrace and panoramic views of Batumi's coastal, city and mountain landscape. Natural materials, custom-designed furniture and a refined minimalist interior concept create spaces that feel contemporary yet welcoming. The apartments are designed for both private stays and professionally managed rental use within the development's hospitality concept. Amenities Silk Towers is being developed as a complete resort and lifestyle destination. Owners and guests will benefit from an extensive range of facilities and services that go well beyond a conventional residential complex. • Indoor and outdoor swimming pools • Spa and extensive wellness facilities • Modern fitness centre • Two-level indoor padel facility • Outdoor padel courts • Private yacht club and marina • Restaurants, cafés and bars • Casino and entertainment facilities • Approximately two hectares of landscaped parkland • Walking and cycling paths • 24/7 concierge and reception • Four above-ground parking levels with approximately 460 spaces • Housekeeping and cleaning services • Technical support • Professional apartment and rental management by Silk Hospitality Apartment ownership also includes automatic Silk Rewards Gold membership. The loyalty programme provides access to exclusive offers, preferred benefits and cashback opportunities across participating Silk Hospitality properties and services, including hotels, restaurants and other hospitality venues within the group's network. The adjoining landscaped park was developed in collaboration with Copenhagen-based landscape architecture studio MASU Planning. It combines generous green areas with padel courts, a mini football pitch, children's spaces and dedicated walking and cycling routes. Existing trees were incorporated into the landscape concept and complemented by new planting. Location Silk Tower 1 occupies a prime position directly on the Black Sea waterfront, on the first coastline in the heart of Old Batumi. The famous Ali & Nino sculpture is approximately 250 metres away, while the Alphabet Tower, Batumi Boulevard, the marina and numerous restaurants, cafés and entertainment venues are all within comfortable walking distance. The historic Old Town, including Piazza Square and Europe Square, is also nearby. Established premium hotels and some of Batumi's best-known tourist attractions surround the development. This location is one of Silk Towers' strongest advantages. While many new developments are located outside Batumi's established centre, Silk Tower 1 stands directly within one of the city's most desirable and active districts. Here, the Black Sea waterfront, historic landmarks, premium hospitality and everyday city life come together within a single neighbourhood. Investment, Rental and Operations Silk Tower 1 is specifically designed as an investment property with professional hospitality operations. Owners may use their apartment privately for up to two months per year. During the remaining period, the residence is professionally operated and rented through the designated management company. The management team handles day-to-day rental operations and guest services, including housekeeping, concierge assistance, technical support and other services associated with the guest experience. This allows owners to participate in a professionally organised rental structure without having to manage the daily administration and operation of their apartment themselves. Payment and Completion Silk Tower 1 offers an interest-free instalment plan directly through the developer. Apartments can currently be secured with a down payment starting from 20%. The remaining purchase price can then be paid in agreed instalments until December 2029, without additional interest. Completion of the first phase is also currently scheduled for December 2029. Final payment terms depend on the selected residence and the developer's offer at the time of purchase. Developer Silk Towers is developed by Silk Development, the real estate development company within Silk Road Group. Silk Road Group is one of Georgia's largest private business groups, with activities spanning telecommunications, banking, energy, real estate and hospitality. Silk Development has been active in Georgia's real estate market since 2005 and reports more than USD 1.3 billion in investments. The wider group's established portfolio includes properties such as Radisson Blu Batumi, Radisson Blu Iveria in Tbilisi, Tsinandali Estate and the Telegraph Hotel. Silk Development is working with internationally recognised partners on Silk Towers. The architectural concept is by Kengo Kuma & Associates, with additional specialist expertise contributed by AKT II and MASU Planning. Construction has also been entrusted to Coteccons, an internationally active Vietnamese contractor with extensive experience delivering complex high-rise, infrastructure and large-scale developments.