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Corall Development

Corall Development — a Batumi-based property development company founded in 2022, specialising in premium residential and hotel properties on Georgia’s Black Sea coast. The company positions itself as a developer that creates not just individual homes, but fully-fledged resort ecosystems: its projects are characterised by well-thought-out layouts, functional architecture, energy-efficient materials and well-developed internal infrastructure.

The company's flagship project Corall Seaside Resort at 1 Tsaritsa Tamara Avenue in Batumi, being developed in partnership with three Georgian business groups: Ibercompany Holding, Grande Group and Mziuri Development. This is a twin-tower complex, 52 and 55 storeys high, situated on a 11,300 m² site, comprising apartments, a five-star hotel, a private beach, a yacht club, a spa, swimming pools and retail space. The total investment in the project is estimated at $250 million, whilst Levan Diasamidze, Chief Executive of Corall Development, forecasts that total investment inflows could reach $400–500 million, of which 90–95% are foreign investments. The architectural concept was developed by the Hausart studio, led by David Gogichaishvili, whose portfolio includes the Batumi Tower and the Sheraton Grand Tbilisi Metechi Palace.

2022

year of foundation

$ 250 million

investments

52 and 55

floors

Silk Development

Developer's projects

Corall Seaside Resort

from ₾181 231

Corall Seaside Resort

Batumi, BNZ district

from 27.84m²

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What sets Corall Development’s properties apart?

Corall Seaside Resort

A partnership with three experienced groups

The project is being carried out by a consortium comprising Ibercompany Holding, Grande Group and Mziuri Development, which provides access to expertise in property development, construction, hotel management and the energy sector.

A full-cycle resort ecosystem

Corall Seaside Resort is designed as a self-contained environment: a private beach, a yacht club with a marina, a five-star hotel, a spa, swimming pools, restaurants and retail spaces — all within a single complex, which supports year-round demand for rentals.

Architecture on a par with international brands

The concept was developed by Hausart, a studio known for the Batumi Tower and the Sheraton Grand Tbilisi Metechi Palace, which underscores the developer’s commitment to high design standards.

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Information about the developer

📍 Address:

Batumi, 20 Selima Khimshiashvili Street

📞 Phone:

+995 577 06 88 88

📧 Email:

info@corallbatumi.com

🌐 Website:

corallbatumi.com

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Houses/villas in Kobuleti Country residences in Makhinjauri Villa complexes in Makhinjauri Houses/villas in Makhinjauri

Country residences in Zelenyi Mys Villa complexes in Zeleny Cape Houses/Villas in Zeleny Cape Country residences in Chakvi

Villa complexes in Chakvi Townhouses in Chakvi Duplexes in Chakvi Houses/villas in Chakvi

Country residences in Szekwetili Houses/villas in Shekvetili

Villa complexes in Tbilisi Villa complexes in the Saburtalo area Villa complexes in the Vake area Villa complexes in the Didi Digomi area

Villa complexes in the Krtsanisi area Villa complexes in the Mtatsminda area Villa complexes in the Nadzaladevi area

Houses/villas in Tbilisi Houses/villas in the Saburtalo area Houses/villas in the Vake area

Houses/villas in the Didi Digomi area Houses/villas in the Mtatsminda area Townhouses in Tbilisi

Townhouses in the Mtatsminda area Townhouses in the Nadzaledevi area

Residential complexes in Georgia Residential complexes for investment in Georgia Low-cost residential complexes in Georgia

Luxury residential complexes in Georgia Residential complexes by the Black Sea in Georgia Residential complexes in Adjara

Residential complexes for investment in Adjara Low-cost residential complexes in Adjara Luxury residential complexes in Adjara Residential complexes by the Black Sea in Adjara

Residential complexes in Batumi Residential complexes in Old Town Residential complexes in Agmashenebeli district

Residential complexes on Alley of Heroes Residential complexes in Bagrationi district Residential complexes on Novy Boulevard

Residential complexes in the Airport area Residential complexes on Rustaveli Avenue Residential complexes in the BNZ area

Residential complexes for investment in Batumi Residential complexes for investment in Agmashenebeli district Residential complexes for investment on Alley of Heroes

Residential complexes for investment in Bagrationi district Residential complexes for investment on Novy Boulevard Residential complexes for investment in the Airport area

Residential complexes for investment on Rustaveli Avenue Residential complexes for investment in the BNZ area Residential complexes for investment in the Old Town

Inexpensive residential complexes in Batumi Inexpensive residential complexes in Agmashenebeli district Inexpensive residential complexes on Novy Boulevard

Inexpensive residential complexes in Bagrationi district Inexpensive residential complexes in the Airport area Inexpensive residential complexes on Rustaveli Avenue

Inexpensive residential complexes in the BNZ area Low-cost residential complexes in Old Town Low-cost residential complexes on Alley of Heroes Luxury residential complexes in Batumi

Elite residential complexes on Alley of Heroes Elite residential complexes in the Airport area Elite residential complexes on Rustaveli Avenue

Luxury residential complexes in the BNZ area Luxury residential complexes in Old Town Residential complexes by the Black Sea in Batumi

Residential complexes by the Black Sea in Agmashenebeli district Residential complexes near the Black Sea on Alley of Heroes Residential complexes by the Black Sea in Bagrationi district

Residential complexes near the Black Sea on Novy Boulevard Residential complexes near the Black Sea in the Airport area Residential complexes by the Black Sea on Rustaveli Avenue

Residential complexes by the Black Sea in the BNZ area Residential complexes by the Black Sea in Old Town

Residential complexes in Gonio Residential complexes for investment in Gonio Inexpensive residential complexes in Gonio Luxury residential complexes in Gonio

Residential complexes by the Black Sea in Gonio Residential complexes in Kvariati Residential complexes for investment in Kvariati Inexpensive residential complexes in Kvariati

Inexpensive residential complexes in Kvariati Residential complexes by the Black Sea in Kvariati Residential complexes in Kobuleti Residential complexes for investment in Kobuleti

Inexpensive residential complexes in Kobuleti Luxury residential complexes in Kobuleti Residential complexes by the Black Sea in Kobuleti Residential complexes in Makhinjauri

Residential complexes for investment in Makhinjauri Inexpensive residential complexes in Makhinjauri Residential complexes by the Black Sea in Makhinjauri Residential complexes in Zeleny Mys

Residential complexes for investment in Zeleny Mys Inexpensive residential complexes in Zeleny Mys Luxury residential complexes in Zeleny Mys Residential complexes by the Black Sea in Zeleny Mys

Residential complexes in Chakvi Residential complexes for investment in Chakvi Affordable housing estates in Chakvi Luxury Residential Complexes in Chakvi

Residential complexes by the Black Sea in Chakvi Residential complexes in Shekvetili Residential complexes for investment in Shekvetili Inexpensive residential complexes in Szekwetili

Luxury residential complexes in Shekvetili Residential complexes by the Black Sea in Shekvetili

Residential complexes in Tbilisi Residential developments in the Isani area Residential complexes in the Saburtalo district Residential developments in the Avlabari area

Residential developments in the Vake district Residential developments in the Varketili area Residential developments in the Vera area Residential complexes in the Gldani district

Residential complexes in the Didi Digomi area Residential complexes in the Didube area Residential complexes in the Krtsanisi area Residential complexes in the Mtatsminda area

Residential complexes in the Nadzaladevi area Residential complexes in the Ortachala area Residential complexes in the Samgori district Residential developments in the Chugureti area

Residential complexes for investment in Tbilisi Residential developments for investment in the Isani area Residential developments for investment in the Saburtalo district Residential developments for investment in the Avlabari area

Residential developments for investment in the Vake district Residential developments for investment in the Varketili area Residential developments for investment in the Vera area Residential developments for investment in the Gldani area

Residential developments for investment in the Didi Digomi area Residential developments for investment in the Didube area Residential developments for investment in the Krtsanisi area Residential developments for investment in the Mtatsminda area

Residential developments for investment in the Nadzaladevi area Residential developments for investment in the Ortachala area Residential developments for investment in the Samgori area Residential developments for investment in the Chugureti area

Inexpensive residential complexes in Tbilisi Affordable residential developments in the Isani area Affordable residential developments in the Saburtalo district Affordable residential developments in the Avlabari area

Affordable residential developments in the Vake district Affordable residential developments in the Varketili area Affordable residential developments in the Gldani area Affordable residential developments in the Didi Digomi area

Affordable residential developments in the Didube area Affordable residential developments in the Krtsanisi area Affordable residential developments in the Mtatsminda area Affordable residential developments in the Nadzaladevi area

Affordable residential developments in the Ortachala area Affordable residential developments in the Samgori area Affordable residential developments in the Chugureti area Luxury residential complexes in Tbilisi

Luxury residential developments in the Isani area Luxury residential complexes in the Saburtalo district Luxury residential developments in the Avlabari area Luxury residential developments in the Vake district

Luxury residential complexes in the Vera area Luxury residential developments in the Gldani district Luxury residential complexes in the Didi Digomi area Luxury residential complexes in the Didube area

Luxury residential complexes in the Krtsanisi area Luxury residential complexes in the Mtatsminda area Luxury residential complexes in the Nadzaladevi area Luxury residential complexes in the Ortachala area Luxury residential developments in the Chugureti area

Aparthotels in Georgia

Hotel rooms in Georgia Hotel rooms in Adjara

Aparthotels in Adjara

Apartment hotels in Batumi Apartment hotels in Agmashenebeli district Aparthotels on Alley of Heroes Aparthotels on Novy Boulevard

Aparthotels in the Airport area Aparthotels on Rustaveli Avenue Aparthotels in the BNZ area Aparthotels in Old Town

Hotel rooms in Batumi Hotel rooms on Alley of Heroes Hotel rooms in Bagrationi district Hotel rooms on Novy Boulevard

Hotel rooms on Rustaveli Avenue Hotel rooms in the Airport area Hotel rooms in the Old Town Hotel rooms in the BNZ area

Apartment hotels in Gonio Aparthotels in Kvariati Apartment hotels in Kobuleti

Apartment hotels in Makhinjauri Aparthotels in Zeleny Mys Apartment hotels in Chakvi

Aparthotels in Szekwetili Hotel rooms in Kvariati Hotel rooms in Kobuleti

Hotel rooms in Makhinjauri Hotel rooms in Chakvi Hotel rooms in Szekwetili

Apartment hotels in Tbilisi Aparthotels in the Isani area Aparthotels in the Saburtalo district

Aparthotels in the Avlabari area Aparthotels in the Vake district Aparthotels in the Vera area

Aparthotels in the Gldani area Aparthotels in the Didi Digomi area Aparthotels in the Didube area

Aparthotels in the Krtsanisi area Aparthotels in the Mtatsminda area Aparthotels in the Nadzaladevi area

Aparthotels in the Ortacala area Aparthotels in the Samgori area Aparthotels in the Chugureti area

Hotel rooms in Tbilisi Hotel rooms in the Isani area Hotel rooms in the Saburtalo area

Hotel rooms in the Vake area Hotel rooms in the Gldani area Hotel rooms in the Nadzaledevi area

Ready-made property in Georgia Ready property in Adjara

New buildings in Georgia New buildings in Adjara New buildings in Georgia

Real estate in Georgia - Completion in 2025 Real estate in Adjara - Completion in 2025 New buildings in Adjara

Ready property in Batumi Readily available property on Alley of Heroes Readymade property in Bagrationi district Ready property on Novy Boulevard

Ready property in the Airport area Ready property on Rustaveli Avenue Ready property in Old Town New buildings in Batumi

New buildings in Agmashenebeli district New buildings on Alley of Heroes New buildings in Bagrationi district New buildings on Novy Boulevard

New buildings in the Airport area New buildings on Rustaveli Avenue New buildings in the BNZ area New buildings in Stary Gorod

Readymade property in Gonio Readymade property in Kobuleti Readymade property in Makhinjauri Readymade property in Chakvi

New buildings in Gonio New buildings in Kvariati New buildings in Kobuleti New buildings in Makhinjauri

New buildings in Zeleny Mys New buildings in Chakvi New buildings in Shekvetili

Ready property in Tbilisi Ready-to-move-in properties in the Isani area Properties ready for occupancy in the Saburtalo district Properties ready for occupancy in the Vake district

Properties ready for occupancy in the Varketili area Properties ready for occupancy in the Vera area Ready-to-move-in properties in the Gldani area Properties ready for occupancy in the Didi Digomi area

Properties ready for occupancy in the Didube area Properties ready for occupancy in the Krtsanisi area Ready-to-move-in properties in the Mtatsminda area Properties ready for occupancy in the Nazaladevi area

Properties ready for occupancy in the Ortacala area Properties ready for occupancy in the Samgori area Properties ready for occupancy in the Chugureti area New buildings in Tbilisi

New-build properties in the Isani area New-build properties in the Saburtalo district New-build properties in the Avlabari area New-build properties in the Vake district

New-build properties in the Varketili area New-build properties in the Vera area New-build properties in the Gldani area New-build properties in the Didi Digomi area

New-build properties in the Didube area New-build properties in the Krtsanisi area New-build properties in the Mtatsminda area New-build properties in the Nadzaladevi area

New-build properties in the Ortachala area New-build properties in the Samgori area New-build properties in the Chugureti area

Sales launches in Georgia Sales launches in Adjara Real estate in Georgia - Delivery in 2026 Real estate in Georgia - Delivery in 2027

Real estate in Georgia - Delivery in 2028 Real estate in Georgia - Completion in 2029 Real estate in Adjara - Completion in 2026 Real estate in Adjara - Completion in 2027

Real estate in Adjara - Completion in 2028 Real estate in Adjara - Completion in 2029 New buildings in Georgia New buildings in Adjara

Sales launches in Batumi Sales launches in the Agmashenebeli neighbourhood Sales launches at the Walk of Heroes

Sales launches in the Bagrationi neighbourhood Sales starts on New Boulevard Sales starts in the Airport area

Sales launches on Rustaveli Avenue Sales launches in the BNZ area Sales launches in Old Town

Real estate in Batumi - Completion in 2025 Real estate in Agmashenebeli district - Completion in 2025 Real estate on Heroes' Alley - Completion in 2025 Real estate in Bagrationi district - Completion in 2025

Real estate on New Boulevard - Completion in 2025 Real estate in the Airport area - Completion in 2025 Real estate on Rustaveli Avenue - Completion in 2025 Property in Old Town - Completion in 2025

Real estate in Batumi - Completion in 2026 Real estate in Agmashenebeli district - Completion in 2026 Real estate on Heroes Alley - Completion in 2026 Real estate in Bagrationi district - Completion in 2026

Property on New Boulevard - Completion in 2026 Real estate in the Airport area - Completion in 2026 Real estate on Rustaveli Avenue - Completion in 2026 Real estate in the BNZ area - Delivery in 2026

Property in Old Town - Completion in 2026 Real estate in Batumi - Completion in 2027 Real estate in Agmashenebeli district - Completion in 2027 Real estate on Heroes Alley - Completion in 2027

Real estate in Bagrationi district - Completion in 2027 Property on New Boulevard - Completion in 2027 Real estate in the Airport area - Completion in 2027 Real estate on Heroes Alley - Completion in 2027

Real estate in Bagrationi district - Completion in 2027 Property on New Boulevard - Completion in 2027 Real estate in the Airport area - Completion in 2027 Real estate on Heroes Alley - Completion in 2027

Real estate in Bagrationi district - Completion in 2027 Property on New Boulevard - Completion in 2027 Real estate in the Airport area - Completion in 2027 Property in Old Town - Completion in 2027

Real estate in Batumi - Completion in 2028 Real estate in Bagrationi district - Completion in 2028 Property on New Boulevard - Completion in 2028 Real estate in the Airport area - Completion in 2028

Real estate on Rustaveli Avenue - Completion in 2028 Real estate in Batumi - Surrender 2029 Property on Heroes Alley - Completion in 2029

Property on New Boulevard - Completion in 2029 Property in Old Town - Completion in 2029

Sales launches in Gonio Sales launches in Kvariati Sales launches in Kobuleti Sales launches in Makhinjauri

Sales launches in Zeleny Mys Sales launches in Chakvi Sales launches in Shekvetili Real estate in Gonio - Completion in 2025

Real estate in Gonio - Completion in 2026 Real estate in Gonio - Completion in 2027 Real estate in Gonio - Completion in 2028 Real estate in Kobuleti - Completion in 2028

Real estate in Kobuleti - Completion in 2029 Real estate in Makhinjauri - Completion in 2026 Real estate in Makhinjauri - Completion in 2026 Real estate in Shekvetili - Completion in 2027

Sales launches in Tbilisi Sales launches in the Isani area New property developments in the Saburtalo area New property developments in the Avlabari area

New developments in the Vake area New property developments in the Varketili area New property developments in the Gldani area Sales launches in the Didi Digomi area

Sales launches in the Didube area Sales launches in the Krtsanisi area New developments in the Mtatsminda area Sales launches in the Ortachala area

Sales launches in the Samgori area Sales launches in the Chugureti area Property in Tbilisi – Completion in 2025 Property in the Isani area – Completion in 2025

Property in the Saburtalo district – Completion in 2025 Property in Tbilisi – Completion in 2026 Property in the Isani area – Completion in 2026 Property in the Saburtalo district – Completion in 2026

Property in the Avlabari area – Completion in 2026 Property in the Vake district – Completion in 2026 Property in the Varketili area – Completion in 2026 Property in the Vera area – Completion in 2026

Property in the Gldani area – Due for completion in 2026 Property in the Didi Digomi area – Completion in 2026 Property in the Didube area – Completion in 2026 Property in the Krtsanisi area – Completion in 2026

Property in the Mtatsminda area – Completion in 2026 Property in the Nadzaladevi area – Due for completion in 2026 Property in the Ortacala area – Completion in 2026 Property in the Samgori area – Completion in 2026

Property in the Chugureti area – Completion in 2026 Property in Tbilisi – Completion in 2027 Property in the Isani area – Completion in 2027 Property in the Saburtalo district – Completion in 2027

Property in the Avlabari area – Completion in 2027 Property in the Vake district – Completion in 2027 Property in the Varketili area – Completion in 2027 Property in the Vera area – Completion in 2027

Property in the Gldani area – Completion in 2027 Property in the Didi Digomi area – Completion in 2027 Property in the Didube area – Completion in 2027 Property in the Krtsanisi area – Completion in 2027

Property in the Mtatsminda area – Completion in 2027 Property in the Nadzaladevi area – Completion in 2027 Property in the Ortacala area – Completion in 2027 Property in the Samgori area – Completion in 2027

Property in the Chugureti area – Completion in 2027 Property in Tbilisi – Completion in 2028 Property in the Isani area – Completion in 2028 Property in the Saburtalo district – Completion in 2028

Property in the Avlabari area – Completion in 2028 Property in the Vake district – Completion in 2028 Property in the Varketili area – Completion in 2028 Property in the Gldani area – Completion in 2028

Property in the Didi Digomi area – Completion in 2028 Property in the Didube area – Completion in 2028 Property in the Krtsanisi area – Completion in 2028 Property in the Ortacala area – Completion in 2028

Property in the Samgori area – Completion in 2028 Property in Tbilisi – Completion in 2029 Property in the Isani area – Completion in 2029 Property in the Saburtalo district – Completion in 2029

Property in the Vake district – Completion in 2029 Property in the Varketili area – Completion in 2029 Property in the Gldani area – Completion in 2029 Property in the Didi Digomi area – Completion in 2029

Property in the Krtsanisi area – Completion in 2029 Property in the Ortacala area – Completion in 2029 Real estate in Kvariati - Completion in 2026 Real estate in Kobuleti - Completion in 2026

Real estate in Kobuleti - Completion in 2027 Real estate in Cape Verde - Completion in 2026 Real estate in Cape Verde - Completion in 2027 Real estate in Chakvi - Delivery in 2026

Real estate in Chakvi - Delivery in 2027

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