Our Story

About
Covalent Bond

We built Covalent Bond on one principle: real estate investment must be transparent, professionally managed, and genuinely rewarding.

The Platform

Structured
Investment Management

Covalent Bond is a private real estate investment management company operating in Batumi and Tbilisi, Georgia. We provide structured access to the Georgian market — sourcing, acquiring, operating, and reporting on residential assets for private investors across Israel, the Gulf, and Europe.

Our platform covers the entire investment lifecycle: market research, unit selection, legal coordination, interior finishing, tenant management, monthly reporting, and exit strategy. Investors receive a fully managed, income-generating asset — not just a property deed — with structured income and long-term asset growth.*

We operate with a two-office structure: headquarters in Haifa, Israel, handling investor relations and deal origination; and field operations in Batumi and Tbilisi managing all on-ground execution.

Operational Differentiator

Post-sale operational continuity — after the sale, we manage your asset as a business. Tenants, maintenance, utilities, financial reporting, and occupancy optimization are fully handled by our on-ground team.

400+
Investors Served
5
Active Projects
8–12%
Projected Yield*
3
Markets Active
Company Vision

Three-Stage
Evolution

01
Now · Active
Real Estate Investment & Management Company
We acquire, manage, and operate fully for our clients in Batumi and Tbilisi.
02
Near Future
Real Estate Infrastructure Company
Expanding the platform to serve developers, brokers, and service providers.
03
Long-Term Vision
PropTech Platform
Building the first global integrated platform for the complete real estate investment lifecycle.
Israel — HQ
Haifa, Israel

Client acquisition, consulting, marketing, and investor relations for the Middle East region.

Georgia — Operations
Batumi & Tbilisi

Field execution, property management, project follow-up, and local and international client services.

The Founder
Hasan Shhade — Founder, Covalent Bond
Hasan Shhade
Founder & Principal Advisor
Covalent Bond LLC · Haifa, Israel

Hasan Shhade

Founder & Real Estate Investment Advisor · Covalent Bond LLC

Hasan Shhade is the founder and principal advisor of Covalent Bond LLC. Based in Haifa, Israel, he built Covalent Bond from the ground up — identifying Georgia's real estate market as one of the highest-opportunity, lowest-competition markets accessible to international private investors.

His advisory approach is built on three pillars: rigorous market analysis, transparent deal structures, and full post-sale management. Every investor who works with Hasan receives direct access to his network, his knowledge, and his team — from first inquiry through property exit.

Hasan's client base spans investors from Israel, Saudi Arabia, the UAE, the UK, and Eastern Europe. His multilingual reach — Hebrew, Arabic, English, and Russian — makes Covalent Bond one of the few firms capable of serving the full Middle East and CIS investor market simultaneously.

Advisory Specialization
  • ▸Georgian real estate market intelligence
  • ▸Portfolio structuring for international investors
  • ▸Income-generating asset management
  • ▸Cross-border transaction coordination
  • ▸Exit strategy and capital repatriation
5+
Years in Market
4
Languages
8
Projects
100%
Managed
Where We Invest

Our Markets —
Batumi & Tbilisi

Black Sea Coast
Batumi, Georgia

Batumi is Georgia's fastest-growing resort city — a Black Sea destination with year-round tourism, no property ownership restrictions for foreigners, and one of the most investor-friendly tax environments in the world. The city has seen consistent double-digit price appreciation in premium districts.

Our Batumi portfolio focuses on hotel-managed residences and short-term rental properties in the Old Boulevard and New Boulevard corridors — the highest-demand zones for occupancy-backed income.

Capital City
Tbilisi, Georgia

Tbilisi is Georgia's economic and cultural capital — a city of 1.1 million with a rapidly expanding tech sector, growing expat community, and strong long-term rental demand. The city combines European urban character with emerging-market growth fundamentals.

Our Tbilisi portfolio targets established districts with consistent long-term rental demand — primarily Vake, Saburtalo, and Didube — where international tenants and corporate leases drive reliable income streams.

* Projected returns vary by project and are not guaranteed. Past performance is not indicative of future results.

Portfolio

Delivered &
Upcoming Projects

Delivered Projects
Delivered
Blue Sky Tower
Batumi, Georgia

Residential tower delivered and fully operational. Investor units handed over and under active rental management by our on-ground team.

Delivered
Steps Hotel
Batumi, Georgia

Hotel-serviced investment units fully delivered and generating income distributions. Renovation and fit-out completed by our in-house team.

Delivered
Alliance by Marriott
Batumi, Georgia

Marriott-branded hospitality residences fully delivered. Units under hotel management with ongoing income distributions to investors.

Delivered
Batumi View
Batumi, Georgia

Residential development with sea and city views delivered and fully operational. Tenant placements completed post-delivery by Covalent Bond's property management team.

Upcoming & Active
Dec 2027
Units Available
CUBE Towers · OVAL Hotel · Parallel
Batumi, Georgia

Three landmark developments delivering simultaneously in December 2027 — CUBE Towers, OVAL Hotel residences, and Parallel. High-specification units with hotel-managed income programs and projected strong yields.*

Dec 2029
Units Available
Silk Towers
Batumi, Georgia · From $98,000

Branded residences (Sofitel and Radisson Collection) in Batumi's flagship beachfront development designed by Kengo Kuma & Associates. Projected yield range 12–15%.* Delivery December 2029.

Dec 2030
Units Available
Ambassador Island — First Tower
Batumi, Georgia · From $55,000

The flagship Ambassador Island development — First Tower. Resort-managed residences on Batumi's beachfront with potential rental yields. Delivery December 2030.*

Dec 2030
Units Available
Lamborghini Batumi
Batumi, Georgia · From $110,000

The most prestigious branded development in the Georgian market. Strictly limited inventory, branded hospitality management, and the highest-specification finishes in Batumi. Delivery December 2030.

View All Projects Browse Available Units
How We Work

What We Manage
After You Invest

Most real estate firms sell you a unit and disappear. Covalent Bond operates differently — once you invest, our team takes ownership of the day-to-day management so your asset performs like a business, not a liability.

Property Management

Full tenancy management: tenant sourcing, lease agreements, rent collection, maintenance coordination, and occupancy optimization. You receive monthly income statements with no operational involvement required.

Renovation & Furnishing

We handle complete interior fit-out from raw delivery state to rental-ready — flooring, fixtures, furniture packages, appliances, and staging. Our in-house team in Batumi and Tbilisi executes to a defined premium standard on a fixed-scope budget.

Investor Support

Dedicated support from first inquiry to exit. Legal coordination, notary services, title registration, banking setup, currency conversion, and ongoing advisory. Your investment is backed by a team that knows the Georgian system from the inside.

Financial Reporting

Monthly income statements, occupancy reports, and annual performance reviews. You always know exactly what your property earned, what it cost to operate, and what the current valuation trajectory looks like.

Market Sourcing & Deal Access

Pre-market access to premium units across Batumi and Tbilisi before public launch. Our developer relationships give investors priority pricing, early allocation, and handpicked selection tailored to their portfolio goals.

Exit Strategy & Resale

When you're ready to exit, our network handles the resale process. We connect sellers with our buyer pool — typically achieving faster disposals and better pricing than open-market listings. Capital repatriation coordinated with legal and banking partners.

Full Services Overview
Our Investors

400+ Investors.
One Platform.

Our investor portfolio spans over 400 private individuals and family offices across Israel, Saudi Arabia, the UAE, the UK, and Eastern Europe — each with a different entry point, goal, and timeline.

Some investors come in at $55,000 for a first studio in Batumi. Others build multi-unit portfolios across both Batumi and Tbilisi over multiple project cycles. Our platform is built to serve both — with the same standard of service at every level.

What unifies them: every investor has full transparency, a dedicated contact person, and a managed asset generating returns — not a property sitting idle waiting for resale.

Who Invests With Us
▸Private investors (IL, SA, UAE)
▸Family offices
▸First-time overseas buyers
▸Portfolio builders (multi-unit)
▸Diaspora investors (IL & EU)
▸UK & Eastern Europe clients

Begin Investment Onboarding

15 minutes is all it takes to understand whether Georgia is right for your portfolio.

Book Strategy Call Request Brief Full Profile