Batumi, Georgia

Silk Towers

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  • Instalment plan

Silk Towers is a mixed-use complex right on the seafront in Old Batumi, a few steps from the Ali and Nino sculpture and the Alphabet Tower. It is designed by Kengo Kuma & Associates and developed by Silk Development. The complex is being built in phases on about 10 hectares: four buildings with apartments, hotels and commercial space, next to a park of about 2 hectares. Completion is planned for 2029. Three apartment types are on sale: 29 m² studios from $136,300 (furnished), 45 m² one-bedroom apartments from $211,500 and 71 m² two-bedroom apartments from $347,000. Payment terms: 20% down payment and a 48-month instalment plan with a 0% instalment fee. Planned amenities for residents include a fitness centre, a spa, swimming pools, cafés and restaurants, a yacht club, a casino, padel courts and a children's playground. A GeCoast consultant will help you choose and explain the terms.

Price from
$136,300
Per m² from
$4,700
Stage
Under constructionhandover Q4 2029
To the sea
160 m

About the property

Where is SILK TOWERS?

SILK TOWERS is located at: Batumi, Old Batumi.

What is nearby?

The complex is being built in phases on about 10 hectares: four buildings with apartments, hotels and commercial space, next to a park of about 2 hectares. Completion is planned for 2029.

How far are the sea and the centre?

Planned amenities for residents include a fitness centre, a spa, swimming pools, cafés and restaurants, a yacht club, a casino, padel courts and a children's playground. A GeCoast consultant will help you choose and explain the terms.

What flats are there?

Three apartment types are on sale: 29 m² studios from $136,300 (furnished), 45 m² one-bedroom apartments from $211,500 and 71 m² two-bedroom apartments from $347,000. Payment terms: 20% down payment and a 48-month instalment plan with a 0% instalment fee.

Who is building it?

Silk Towers is a mixed-use complex right on the seafront in Old Batumi, a few steps from the Ali and Nino sculpture and the Alphabet Tower. It is designed by Kengo Kuma & Associates and developed by Silk Development.

Specifications

Key facts

City
Batumi
Price
from $136,300
Price per m² from
$4,700
To the sea
160 m
Developer
Silk Development

Flats

Flat types
Studio, 1-room, 2-room
Areas
29–71 m²

Rights and dates

Status
Under construction
Handover
Q4 2029

Floor plans

Get all floor plans and pricesAll floor plans

Price per m² vs the district

This property
$4,700 per m²
District average
$3,720 per m²

26% above the district average

The average of 6 other properties in this district in the GeCoast catalog.

Old Batumi in the GeCoast catalog

GeCoast complexes in the district
6
Median price per m²
$4,310 per m²
Handover dates
Q4 2026 — Q4 2029

Only published GeCoast catalog objects open to search engines.

All complexes in the district

Installment plan

Down payment
20%
Term
48 months
Interest-free
yes

Apartment from $136,300 → $27,260 down, then $2,272 a month (48 months)

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What the purchase costs in full

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Handover and construction progress

Construction stages

  1. Sales startdate not statedDone
  2. ConstructionNow
  3. HandoverQ4 2029

Developer

Silk Development

2 complexes in the GeCoast catalog · handed over: 1 · under construction: 1

The developer's other complexes on GeCoast

From the GeCoast catalog: published objects only.

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Apartment from $136,300

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Calculated from your figures only: not a forecast and not a guarantee of income. Actual income depends on the flat, the season and the management company.

How the deal works

  1. Request

    You send a request through the contacts.

  2. Viewing and data

    You receive the data and view the property.

  3. Check and contract

    You review the documents and agree the contract.

  4. Deposit

    You pay a deposit to secure your right to buy.

  5. Closing and registration

    Ownership is registered and the full payment is made.

Consultation on the complex

We will answer your questions about the property and the terms of purchase.

Consultant

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Frequently asked questions

Where is SILK TOWERS located?

SILK TOWERS is located at: Batumi, Old Batumi, ул. Барбиуси, 6.

Who is the developer of SILK TOWERS?

The developer is Silk Development.

When is SILK TOWERS due for handover?

Handover is planned for Q4 2029.

How much does an apartment in SILK TOWERS cost?

The price is from $136,300.

Does SILK TOWERS offer an installment plan?

Yes, an installment plan is available. Term: up to 48 months. Down payment: 20%.

How far is SILK TOWERS from the sea?

Distance to the sea: 160 m.

Can I buy a flat at SILK TOWERS without travelling?

How a purchase from abroad works, step by step, is in the guide. More: Buying an off-plan apartment in Batumi: what to check

What taxes does a flat owner pay in Georgia?

Taxes for a foreign owner are covered in the guide. More: Property taxes in Georgia for a foreign owner

Other projects

Important notice

This information is for reference only and is not a public offer; please confirm terms and prices with the developer.