Silk Towers

SafeBuy Recommended

Old Town, Batumi, Georgia

Why this one carries the SafeBuy Recommended badge

It is one of fifteen developments picked by hand by SafeBuy’s founders and agents. We have been to this one, walked the site and met the people building it, and we would put our own name to it. Nothing about the badge is automated: the rest of our catalogue is collected by a scraper, and this short list is not.

Being straight about the other half of it: we earn the same commission on these as on any other listing, so the badge tells you what our team thinks, not that we are a neutral party. How we make money.

Area

28.7 m²

Type

New development

Developer

Kengo Kuma & Associates

Projected ROI

12–15%

Completion

December 30, 2029

What comparable resale apartments ask

SafeBuy valuation engine

This is a new build, and our corpus is the resale market. Pricing the same size and area as an existing apartment is how you size the premium you are being asked to pay for it being new.

Size in m²

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What we have checked

This is an off-plan development, so there is no unit title to check yet: individual apartments are only registered once the building is completed. We have not yet matched this development to its developer's land parcel in the public registry, so we are making no claim about who owns the land or whether it carries a mortgage.

If you have the cadastral code from the seller, you can run a free registry check on it yourself, no account needed.

About this property

One of the most ambitious real estate projects ever undertaken in Georgia, a $700M mixed-use landmark on the last available seafront plot in Batumi's historic centre, designed by world-renowned Japanese architect Kengo Kuma & Associates. Silk Towers combines luxury residences, a 5-star hotel, entertainment, culture, and a 20,000 sqm public park gifted to the city. The 47-floor tower spans 450,000 sqm of total development, featuring a private marina and yacht club, Batumi's largest casino, and vertical gardens with water features. Located just 100 meters from the beach, anchored by the last seafront plot in the Old Town.