ActiveBlack SeaBatumi
Resort city. Hotel-managed residences.
Covalent Bond · Private Real Estate Investment Office
Structured access to premium Georgian real estate
Institutional-grade acquisition, management, and reporting infrastructure — built for private investors seeking structured exposure to Batumi and Tbilisi.
2Markets — Batumi & Tbilisi
100%Full lifecycle management
Market intelligence
Why sophisticated investors are entering Georgia now
A rare convergence of low entry cost and high tourist demand — positioned at a fraction of comparable Mediterranean markets.
High rental demand
Batumi's year-round tourism and Tbilisi's growing expat community create consistent tenant demand that underpins rental income projections.
Growing tourism market
Georgia welcomed record international visitor numbers in recent years. The Black Sea coast and Tbilisi's Old Town consistently attract high-value leisure and business travelers.
Low entry point
Batumi entry prices sit at a fraction of the entry level in comparable coastal markets.
Managed rental programmes
Our managed rental programmes handle operations, reporting and maintenance for each unit.
Investment markets
Explore Investment Opportunities
Where you can invest
ActiveBlack Sea
ActiveCapital cityTbilisi
Long-term residential demand. Expat & corporate tenant base.
Cyprus and Greece remain in the long-term pipeline and are not yet open to investors.
Managed portfolio
Current investment opportunities
Coming soon
CUBE METROPOL
Metropol Development
Resorts & Hospitality
- Starting price
- From $120,739
- Delivery
- Dec 2027
Pre-Sale
Private office model
Governance & operations layer
Covalent Bond operates through a structured dual-office model — investor-facing operations and on-ground execution in Georgia. Every transaction is legally coordinated, every asset operationally supervised.
Client operations
Investor office
Investor onboarding, portfolio consultation, legal coordination, reporting delivery, and client communication. Primary interface for new and existing investors.
- Investor intake & qualification
- Deal structuring & documentation
- Reporting distribution & reviews
Georgia — field operations
Batumi & Tbilisi
On-ground project execution, renovation management, property handover, tenant placement, asset maintenance, and local legal liaison. Permanent team presence in both cities.
- Property acquisition & handover
- Renovation & interior execution
- Tenant management & income collection
Operations infrastructure
Full services
We manage the entire investment journey
- 01
Property selection
We source and vet every unit — analyzing developer track record, project location, building specifications, and projected rental demand before presenting options to investors.
- 02
Legal process
Full legal coordination from contract signing to title registration in Georgia. Notary services, power-of-attorney, and banking setup handled by our on-ground legal partners.
- 03
Renovation
Complete interior fit-out from raw delivery: flooring, tiling, fixtures, electrical, plumbing, and painting — executed to a defined premium standard by our Batumi and Tbilisi team.
- 04
Furnishing
Full furniture and appliance packages — sourced, delivered, and installed. Every unit handed over rental-ready within our defined delivery timeline, with no investor involvement required.
- 05
Rental management
Tenant sourcing, lease coordination, rent collection, maintenance response, and occupancy optimization. Full ongoing management — you receive income, not operational tasks.
- 06
Monthly reporting
Detailed monthly income statements, occupancy rates, maintenance log, and performance vs. projection. Annual portfolio reviews with Hasan directly — full transparency at every stage.
Platform architecture
Investment infrastructure
Covalent Bond is not a brokerage or an agency. It is a structured investment management system — built to source, acquire, operate, and report on residential assets in the Georgian market.
Access
Pre-market sourcing
Pre-market access to premium Batumi and Tbilisi units through direct developer relationships. Investors receive curated opportunities before public availability.
Execution
Permanent in-market teams
Renovation, furnishing, tenant placement, and ongoing property management executed by permanent in-market teams. No outsourcing.
Accountability
Full lifecycle, one office
Monthly income statements, quarterly portfolio reviews, and coordinated exit management. Full lifecycle accountability from day one.
Reporting infrastructure
Reporting & investor intelligence
Every asset under management generates structured monthly and quarterly reporting. Investors receive full operational transparency — income data, occupancy metrics, and performance vs. benchmark.
Monthly
Monthly asset report
Income collected, occupancy rate, maintenance log, utility costs, and net income per unit. Delivered on the 1st of each month.
Quarterly
Quarterly portfolio review
Full P&L per unit, market comparison and occupancy trends. Reviewed directly with the investment office.
Ongoing
Market intelligence
Batumi and Tbilisi occupancy benchmarks, pricing movement, tourism data, and development pipeline updates. Contextualized for investor decisions.
Covalent BondQ1 2026 · Portfolio report
Asset performance
—Occupancy rate
—Net income YTD
—Avg. monthly income
0Open issues
Note from the office
Unit performing above projection. Renewal negotiation in progress. Exit window analysis available on request.
Illustrative — not actual investor dataConfidential
- Monthly income statements per asset
- Occupancy rate and rental income tracking
- Quarterly portfolio review with the investment office
- Exit coordination and resale support
Leadership
Direct access to founding expertise
Covalent Bond is personally led by Hasan Shhade — not managed by a remote team. Every investor relationship is handled directly, with full continuity from initial consultation through acquisition, operations, and exit.
With a permanent presence in Batumi and operational experience across the Georgian market, Hasan brings the institutional depth of a fund manager with the responsiveness of a direct operator.
- Hebrew · Arabic · English · Russian
- Dual-office model: investor office & Batumi
Access the platform
Begin your investment onboarding
A 15-minute conversation with Hasan is sufficient to determine whether Georgia belongs in your portfolio. No commitment. No pressure.
Covalent Bond · Batumi, Georgia · +995 593 170 163