Ambassadori Island — First Tower
The first tower on Ambassadori Island, an 84-hectare artificial island off the Batumi coast. 58 floors, 216 metres tall, apartments with finishing and built-in furniture, a rooftop pool. Completion: February 2029.
- The first tower on Ambassadori artificial island — 216 metres by the sea.
- Studios from $120,670 with D73 finishing and furniture.
- 20% down and 48 months interest-free, 10% off for full payment.
About the project
First Tower is the first residential tower on Ambassadori Island Batumi, an 84-hectare artificial island off the Batumi coast. The tower rises 216 metres: 55 residential floors of apartments plus duplexes on floors 57–58, around 1,350 apartments in total. Completion is scheduled for February 2029.
On sale are studios from 37.1 m², one-bedroom (53–72.5 m²) and two-bedroom (109–116 m²) apartments, plus eight duplexes. Even-numbered apartments face the sea, odd-numbered ones face the mountains. Apartments are delivered with full finishing and built-in furniture by Italian studio D73, with 3-metre ceilings.
The rooftop features a sea-view pool, a panoramic restaurant and bar, a fitness centre and a yoga deck. On the parking roof there are three padel courts, sports grounds and a kids' club. A 600 m² lobby with 24/7 concierge and a three-level car park with 240 spaces.
Apartments can be placed under Ambassadori Group management through a rental pool: income is split 70% to the owner and 30% to the management company. It suits investors who want income without handling rentals themselves, and buyers looking for a seaside home with hotel-style service.
Gallery
What Ambassadori Island — First Tower will look like
Developer renderings.
Key facts
Key information
The essentials on one screen.
City, district
Batumi, Ambassadori Island
Prices
from $120 670
Completion
February 2029
Instalments / mortgage
20% + 48 months at 0%
Residence permit
For units from $150,000
Finishing
Full finishing and D73 built-in furniture
Developer price list
Prices and purchase terms
Prices from the official Ambassadori Group price list as of November 2026 (developer price list). Through Tbilicity — no mark-up.
| Type | Area | Price from | Per m² |
|---|---|---|---|
| Studio | 37.1–45 m² | $120 670 | from $3 253 |
| 1 bedroom | 53–72.5 m² | $174 148 | from $3 061 |
| 2 bedrooms | 108.4–116 m² | $321 308 | from $2 964 |
The price of a specific unit depends on floor, view and finishing — we'll send an exact quote via WhatsApp.
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Investment potential
Batumi market figures for 2026:
Price per m², new buildings
Studio 37.1 m² × $10.6 per m² (lower end of Batumi rents) ≈ $390 per month, about $4,700 per year. At a price from $120,670 that is:
Gross yield on long-term rental, before expenses and vacancy. Short-term rental works out differently — we can calculate it on request.
Sources: Galt & Taggart — Batumi market reviews (Q4 2025, Q2, June and September 2026); Ambassadori Island price list and agent brief. Forecasts are not a guarantee of returns.
Developer
Ambassadori Group
Ambassadori Group is a Georgian group with 20 years of experience running the 5-star Ambassadori hotels.
Ambassadori Island Batumi is the first artificial island on the Black Sea: the master plan is by UK-based Arup, the island is being built by Turkey's Yuksel Proje, and the central tower and façades are designed by SHoP Architects (New York). First Tower's developer is Ambassadori Development; the management company is Ambassadori Group.
Location
Ambassadori Island: neighbourhood and amenities
Ambassadori Island, Batumi, Batumi
Ambassadori Island is an 84-hectare artificial island off the Batumi coast. Almost half of the area (49%) is set aside for parks and public spaces: a 9-hectare central park, a promenade, a white-sand beach and a marina for yachts up to 60 metres long.
The master plan includes 21 buildings — apartments, hotels, business centres, villas and townhouses, plus a school, clinics, an event hall and a shopping centre. The first phase is currently under construction.
Ask an expertOn-site amenities
- 84-ha artificial island
- 216 m tower, 58 floors
- Rooftop pool and restaurant
- Sea-view fitness centre
- 3 padel courts and kids' club
- 600 m² lobby with 24/7 concierge
- D73 finishing and furniture
- Ambassadori Group management (rental pool)
FAQ
Questions and answers
Answers to the most common questions.
How much does an apartment in Ambassadori Island First Tower cost?
According to the developer's November 2026 price list, a 37.1 m² studio starts from $120,670, a one-bedroom apartment (56.9 m²) from $174,148, a two-bedroom (108.4 m²) from $321,308, and duplexes on the 57th floor from $424,351.
Is an instalment plan available?
Yes. The standard plan is a 20% down payment and 48 months interest-free. Full payment earns a 10% discount. Options with a 30% down payment: 4% off and 36 months, or 1% off and 48 months. Reservation is $2,000.
When will First Tower be completed?
According to the developer, the tower is due for completion in February 2029.
Can a foreigner buy an apartment, and can it be done remotely?
Yes. Foreigners buy property in Georgia on the same terms as citizens. Reservation, contract and payment can be completed online — we support the deal from choosing an apartment to registering ownership.
Is buying through an agency more expensive?
No. Buying through Tbilicity is at the developer's official price list — no mark-up.
Does buying an apartment give a residence permit in Georgia?
Since 1 March 2026, a Georgian residence permit can be obtained by buying property with a market value of at least $150,000 (assessed by an accredited valuer) — a one-year temporary permit that can be renewed. From $300,000 — a 5-year investment residence permit. At Ambassadori Island — First Tower, units priced above $150,000 qualify — we'll suggest options.
Free selection
We'll pick 3–5 new builds for your goal
Tell us your budget and goal — we'll send a selection with developer prices, instalment plans and yield estimates via WhatsApp or Telegram.
See also
Other new buildings in Batumi
from $3 085/m²Alliance Centropolis
- Seafront, ~50 m to the sea
- Hyatt Centric 5* hotel
- World Trade Center Batumi
from $59 305Club Residence
- Rooftop pool and lounge
- Underground parking
- Padel court
from $218 583HOME Townhouses
- 15 townhouses
- 146.7 m² over three levels
- 3 bedrooms and 3 bathrooms
from $221 130La Villa
- Courtyard swimming pool
- Children's playground
- Gym
from $68 490Next Address
- Opposite Black Sea Mall
- 700 m to the sea
- Pool heated to 28 °C
from $72 316Next Collection
- 50 m to the sea
- Private beach
- Swimming pool
When you buy a new-build apartment through us
Tbilicity buyer bonuses
No down payment
You can buy an apartment with no down payment — we'll show you the options.
Renovation discount
Renovation by our own crews — at a discount for our buyers.
Special rental terms
Special terms when you rent out the apartment through our rental department.
Free property management
We manage the letting of your apartment — as a gift.
How we work
Buying a new build with Tbilicity — 6 steps
Selection
We clarify your budget and goal — living, renting out or residency — and send 3–5 suitable projects with prices.
Viewing
We show the properties in person or online by video call — you can choose without flying to Georgia.
Reservation
We lock in the unit and price with the developer. Buying through us costs the developer's price, no mark-up.
Contract
We check the developer and documents and guide you through the contract and instalment schedule.
Registration
We register your ownership with the Public Registry — remotely, by power of attorney.
After purchase
Our own renovation crews, a rental department and help with resale — we support you after the deal too.
Tbilicity · official partner of developers
Get floor plans and prices for Ambassadori Island — First Tower
Message us in your preferred messenger or leave your number with country code — our expert will send the developer's current price list, available units and an instalment plan.