Pullman Residences & Living
Apartments under the international Pullman (Accor) hotel brand inside Petra Sea Resort on the seafront near Kobuleti. Delivered fully renovated and furnished, with rentals managed on a hotel model.
- Pullman (Accor) hotel brand and a 20-year management agreement.
- Apartments delivered turnkey: renovation, furniture, appliances.
- 15% down, the balance in installments until completion; 10% discount for full payment.
About the project
Pullman Residences & Living are branded apartments within Petra Sea Resort. Developer Petra Group signed an agreement with Accor, Europe's largest hotel operator, and the complex operates under the Pullman brand. According to Georgia Today, total investment exceeds $100 million.
The project consists of two buildings: Pullman Living (23 floors) and Pullman Residences (25 floors). On sale are studios from 42.7 m² and one- and two-bedroom apartments up to 159 m², with views of the sea and Batumi. Units are delivered fully finished: renovated, furnished and equipped with appliances.
Owners enjoy hotel services: spa and fitness, indoor and outdoor pools, restaurants, a kids' area and access to the resort's beach clubs. The management agreement with Accor runs for 20 years after completion, and rentals are handled by Valor Hospitality. Income is distributed on a pool model: 40% to the owner, 60% to the operator.
The format suits investors seeking passive income without dealing with tenants: owners can stay in their apartment for up to 30 days a year, and the rest of the time it operates as a hotel room.
Gallery
What Pullman Residences & Living will look like
Developer renderings.
Key facts
Key information
The essentials on one screen.
City, district
Kobuleti, Tsikhisdziri
Prices
from $138 146
Completion
Q4 2028
Instalments / mortgage
15% down + installments
Residence permit
For units from $150,000
Finishing
Turnkey: renovation and furniture
Developer price list
Prices and purchase terms
Prices from the official Petra Group price list as of July 2026 (Petra Group price list, block J). Through Tbilicity — no mark-up.
| Type | Area | Price from | Per m² |
|---|---|---|---|
| Turnkey studio | 42.7–66.2 m² | $138 146 | from $3 235 |
| Turnkey 1 bedroom | 73.8–138.9 m² | $227 932 | from $3 088 |
| Turnkey 2 bedrooms | 82.7–159.3 m² | $252 795 | from $3 057 |
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
Branded apartments are a separate segment of the resort market, but Batumi's 2026 figures provide a benchmark:
Price per m², new buildings
A 42.7 m² studio × $10.6–12.3 per m² (Batumi rents) ≈ $450–525 per month, about $5,400–6,300 per year. At a turnkey studio price from $138,146 that is:
A benchmark based on Batumi long-term rental rates, excluding costs. At Pullman, income is calculated on the hotel pool model (40% to the owner) — we'll send the developer's forecast on request.
Sources: Galt & Taggart — Batumi market reviews, June and September 2026; Petra Group — block J price list and Pullman Living & Residences terms. Forecasts are not a guarantee of returns.
Developer
Petra Group
Petra Group is an investment holding founded in 2007 and the developer of Petra Sea Resort.
Pullman Residences is the first joint project of Petra Group and Accor; the second is Swissôtel in Gudauri. The resort is being built by contractors Anagi Group and Concrete Solutions, and the project is financed by Bank of Georgia.
Apartment rentals are managed by Valor Hospitality, an international management company from the US.
Location
Tsikhisdziri: neighbourhood and amenities
Petra Sea Resort, seafront by Petra Fortress, Kobuleti
Tsikhisdziri is a resort village on the Adjara coast between Batumi and Kobuleti, by Petra Fortress. The Batumi Botanical Garden and Mtirala National Park are nearby.
Batumi with its airport, boulevard and restaurants is about 15 km away, Kobuleti about 3 km. Petra Sea Resort itself covers more than 20 hectares with a private beach, shops and family entertainment.
Ask an expertOn-site amenities
- Pullman brand (Accor)
- 20-year management agreement with Accor
- Spa and fitness centre
- Indoor and outdoor pools
- Restaurants
- Kids' area
- Beach club access
- Up to 30 days of owner stay per year
- Parking: open $12,000, covered $15,000
FAQ
Questions and answers
Answers to the most common questions.
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 Pullman Residences & Living, units priced above $150,000 qualify — we'll suggest options.
Is there an installment plan?
Yes. 15% down, the balance monthly or quarterly on the developer's schedule. 10% discount for full payment. We'll send a calculation for a specific unit on WhatsApp.
When will it be completed?
According to Petra Group, construction is due to be completed in Q4 2028.
What are the service charges and how does the income work?
The service fee is $3.5 per m² per month excluding utilities (subject to change). Rental income is distributed on a pool model: 40% to the owner, 60% to the operator. The developer prepares a yield forecast together with Valor and provides it as an estimate.
Can a foreigner buy, including remotely?
Yes, the deal can be completed online. An important developer restriction: the branded residences are not sold to US citizens. Resale is only possible with Petra Group's written consent.
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 Pullman Residences & Living, 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 Kobuleti
from $3 085/m²Alliance Centropolis
- Seafront, ~50 m to the sea
- Hyatt Centric 5* hotel
- World Trade Center Batumi
from $120 670Ambassadori Island — First Tower
- 84-ha artificial island
- 216 m tower, 58 floors
- Rooftop pool and restaurant
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
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.