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Project guides

Mardi Hills

Mardi Holding · Kakhaberi district · All three blocks under construction

Factual profile

Mardi Hills is a comfort-class residential complex by Mardi Holding on the Kakhaberi hillside in Batumi, at 24 Shervashidze Ascent, 200 m above Bagrationi Street. The first phase comprises three blocks of 6-9 floors with two-level underground parking, an outdoor temperature-controlled pool, spa and fitness facilities. The project carries Accor's Handwritten Collection branding, with a hotel component scheduled to open after residence handover. Apartments range from studios of about 28 m2 to large units; handover for all three blocks is promised for Q4 2026. Installment plans and TBC Bank mortgages are offered. Prices were last updated June 2026. Mardi Holding lists 14 completed projects in Georgia dated 2015-2022.

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Key facts

Prices from
From $59,765 total; studios from $67,504, 1-bedroom from $80,670, 2-room from $101,602 (korter.ge, prices updated 02.06.2026). The project's own site mardihills.com quotes studios from $80,000.
Price per m²
From $2,100/m2 (korter.ge, June 2026)
Completion
All three blocks promised Q4 2026 (under construction as of June 2026). Accor hotel component scheduled to open Q3 2027.
Payment plan
30% down payment, interest-free installments — up to 18 months per korter.ge, up to 32 months per batumi.estate (terms vary by unit). TBC Bank mortgage available from 7.8% interest.
Building
3 blocks in phase one: Block A 7 floors, Block B 9 floors, Block C 6 floors; elevators in each; 2-level underground parking. Korter lists ~40 apartments currently available (studios 28-43 m2, 1-room 37-45 m2, 2-room ~45 m2; overall range to 394 m2); the project site cites 197 residences total.
Rental management
Rental program under Accor (Handwritten Collection): 60/40 revenue split in the owner's favor, 10-year management agreement, 3 weeks per year personal use allowance (per mardihills.com). On-site facility management for maintenance.
Location
Kakhaberi district, 24 Shervashidze Ascent — hillside site 200 m from Bagrationi Street with sea and mountain views. 800 m to Old Batumi Bus Station, 3+ km to the railway station, 5+ km (about 20 min drive) to Batumi International Airport. Located away from the city center; district new-build prices range roughly $600-1,600/m2.
Amenities
Outdoor temperature-controlled swimming poolRooftop infinity pool (per project site)Spa and wellness centerFitness centerConference/meeting spacesRestaurantLandscaped grounds2-level underground parking24/7 security, CCTV, concierge

Questions buyers ask

Who is the developer and what have they built before?

Mardi Holding, a Batumi group established in 1993 whose construction arm Mardi House dates from 2010. Korter lists 14 completed, sold-out projects from 2015-2022 in Batumi, Tbilisi and Bakuriani; the company also has Accor partnerships on Novotel Living Batumi and Mercure Aquapark Batumi.

When is handover?

The developer promises completion of all three blocks in Q4 2026. The associated Accor hotel is scheduled to open in Q3 2027.

What payment options exist?

30% down payment with interest-free installments (up to 18-32 months depending on source and unit), or a TBC Bank mortgage from 7.8% interest.

Is there a rental management program?

Yes — units can enter an Accor-operated rental program with a 60/40 revenue split in the owner's favor, a 10-year agreement, and 3 weeks of personal use per year, per the project website.

How far is it from the sea and airport?

The complex sits on the Kakhaberi hillside above Bagrationi Street, away from the seafront and center; it is roughly a 20-minute drive to Batumi International Airport (5+ km) and 3+ km to the railway station.

Does the price qualify for Georgian residency?

Since 01.03.2026 the residence-permit threshold is $150,000 by combined appraisal. Entry-level units (from about $60,000-$80,000) fall below this alone; larger units or combined purchases can reach it. Verify appraisal with a lawyer.

Compiled from public sources and developer materials. Facts re-checked periodically; always confirm final terms in the purchase contract.

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