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Batumi  ·  Georgia  ·  Delivery 12/2029

SILK
Towers

Last Beachfront Plot  ·  Old Boulevard
Designed by Kengo Kuma & Associates  ·  Engineered by AKT II

Managed branded residences on Batumi's Black Sea seafront.
Sofitel & Radisson Collection.

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Project Overview

Where the Black Sea
Meets Architectural Legacy

Silk Towers occupies the last remaining beachfront plot on Batumi's Old Boulevard — a site that cannot be replicated. Two architecturally distinct towers, designed by internationally acclaimed master Kengo Kuma, offer branded residence ownership within the Sofitel and Radisson Collection hospitality ecosystems.

The development integrates nature-inspired architecture with premium managed hospitality, creating a self-contained lifestyle quarter with marina access, wellness infrastructure, and a curated retail and dining environment directly on the Black Sea waterfront.

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Silk Towers — Batumi Black Sea waterfront
Developer
Silk Development
Architecture
Kengo Kuma & Associates
Location
Old Boulevard, Batumi Seaside
Delivery
12/2029
From Price
$98,000
Expected ROI
12–15%*
Type
Luxury Branded Residences
Management
Radisson Collection
Sofitel / Accor
Ownership
Freehold after required payment milestone
Location

Old Boulevard,
Batumi's Prime Seafront

Old Boulevard is Batumi's most prestigious urban coastline — a historic seafront promenade connecting the city's cultural landmarks, marina, and yacht club. The Silk Towers site holds the last buildable beachfront parcel on this strip, offering direct sea views from every residence and immediate access to the most active leisure and hospitality zone in Georgia's fastest-growing tourism city.

Ali & Nino
100m
Landmark
Yacht Marina
100m
Waterfront
Boulevard
850m
Promenade
Europe Square
1.8km
City Centre
Airport
15min
Drive
Silk Towers aerial context — Batumi Old Boulevard, Yacht Club, and landmark buildings
Views

Four Sides,
Four Perspectives

Every orientation of Silk Towers offers a distinct and compelling view — from the open Black Sea horizon to the Caucasus mountain range, Batumi's iconic skyline, and the lush municipal park.

Front sea view from Silk Towers
South-West Facing
Black Sea View
Alphabet Tower side view from Silk Towers
East Facing
Alphabet Tower & Skyline
Park view from Silk Towers
South Facing
Municipal Park View
City and mountain view from Silk Towers
North Facing
City & Caucasus Mountains
Silk Towers — facade design by Kengo Kuma & Associates
Architecture

Kengo Kuma
& Associates

One of Japan's most internationally acclaimed architects, Kengo Kuma has built a career around the integration of nature and built form. His practice — responsible for the Tokyo 2020 Olympic Stadium, the V&A Dundee, and over 200 projects across four continents — brings a philosophy of material humility and environmental sensitivity to Silk Towers.

The facade incorporates living vegetation pockets, mineral textures, and organic geometry to create a building that evolves with its coastal environment. The towers are designed to emerge from the Batumi skyline rather than impose upon it.

"I believe architecture should blend into nature, and nature should come into architecture."— Kengo Kuma
Structural Engineering
AKT II
Global structural engineers · London
The Film

Experience Silk Towers

Silk Towers  ·  Batumi
A development at the
intersection of architecture
and the Black Sea.
Masterplan

A Complete Lifestyle Quarter

The Silk Towers masterplan extends beyond the towers themselves to create a self-contained waterfront precinct. Residents have exclusive access to a curated collection of leisure, wellness, dining, and recreational facilities.

Marina & Yacht Club
Municipal Park
Padel Courts
Indoor & Outdoor Pools
Spa & Wellness
Fitness Centre
Casino
Premium Restaurants
Kids Areas
Hanging Gardens
Event Venue
Walking & Biking Paths
Silk Towers masterplan — marina, pools, and waterfront precinct
Management Model

Twin Towers,
Dual Brand Strategy

Each tower operates under a distinct international hospitality brand, delivering two differentiated resident and guest experiences within a shared masterplan. Owners benefit from professional hotel-grade management, brand distribution, and revenue-sharing arrangements.

Tower One
Sofitel · Accor
Premium Waterfront Living
  • Sea-view branded residences with direct waterfront access
  • Wellness centre, spa, and infinity pools
  • Family-oriented amenities and kids programming
  • Sofitel hotel services and concierge
  • Global Accor brand distribution and booking network
Investor Revenue Share
Owner / Operator split (indicative)
60/40
Tower Two
Radisson Collection
Hospitality & Entertainment
  • Sea-view branded residences and premium hotel rooms
  • Casino and curated entertainment programming
  • Event venue and MICE facilities
  • Premium restaurant and bar portfolio
  • Radisson Collection global brand distribution
Investor Revenue Share
Owner / Operator split (indicative)
60/40

Revenue performance depends on occupancy rates, seasonality, management operator performance, market conditions, and the specific terms of the management agreement. All revenue split figures are indicative and subject to final contractual confirmation. Past performance of the operator brands is not indicative of future results at this property.

Investment Thesis

Structured for Long-Term Capital Performance

Silk Towers is positioned at the intersection of limited supply, rising institutional demand, and a proven tourism growth corridor. The following thesis elements reflect our assessment of the opportunity. All projections are indicative and subject to market conditions.

01
Beachfront Scarcity

The last available plot on Old Boulevard cannot be replicated. Beachfront land in mature coastal cities commands a permanent scarcity premium — a structural advantage that benefits owners across all exit scenarios.

02
Capital Appreciation Potential

Batumi has recorded sustained price appreciation across branded and sea-view assets. Projected capital growth is supported by infrastructure investment, tourism expansion, and Georgia's growing international investor profile. Subject to market conditions.

03
Managed Rental Strategy

Residences enrolled in the Sofitel or Radisson Collection management programme benefit from professional yield optimisation. Indicative gross rental performance is supported by hotel-grade occupancy infrastructure. Not guaranteed.

04
Branded Residence Premium

Internationally branded residences consistently trade at a premium to non-branded comparables in the same market. The Sofitel and Radisson Collection associations provide pricing power, global buyer recognition, and long-term asset liquidity.

05
Tourism & MICE Demand

Georgia welcomed a record 7.1 million international visitors in 2023, with Batumi absorbing a disproportionate share of leisure and MICE travel. The Radisson Collection tower's event venue and casino positioning captures high-value corporate and entertainment demand.

06
Long-Term Hold Strategy

Silk Towers is most suitable for investors pursuing a 5–10 year hold horizon — aligning delivery, stabilisation, and optimal exit timing. Performance projections are indicative only and not a guarantee of returns.

Important Disclosure

* Expected yields of 12–15% are indicative only, based on market conditions and developer materials at time of publication. All projections and performance expectations do not constitute guaranteed returns, investment advice, or a financial promotion. Past market performance is not indicative of future results. Covalent Bond acts as an investment advisory intermediary, not as the developer. Investors are encouraged to conduct independent due diligence and seek professional financial advice before committing capital.
Residence Collection

Unit Types & Investor Profiles

Silk Towers offers a curated range of residence typologies — from compact investment studios through to spacious corner suites. Each unit type serves a distinct investment profile and use case.

Studio Residence — Silk Towers
Studio
Studio Residence
Approx. 28.6 m²
Investor Profile
Entry-level capital deployment. Suitable for investors seeking managed yield on a lower ticket size within the branded residence ecosystem.
Likely Use Case
Full-time hotel management pool · Short-term rental yield
1 Bedroom Type A — Silk Towers
1 Bedroom
Type A Residence
Approx. 47–48 m²
Investor Profile
Mid-range investment. Suitable for investors balancing personal use flexibility with managed rental income and capital appreciation.
Likely Use Case
Managed rental with personal use allocation · Yield and appreciation strategy
1 Bedroom Type B — Silk Towers
1 Bedroom
Type B Residence
Approx. 47 m²
Investor Profile
Similar profile to Type A with a distinct floor plan orientation. Suitable where a specific view corridor or aspect is preferred.
Likely Use Case
Managed rental · Yield-oriented hold strategy
1 Bedroom Corner — Silk Towers
1 Bedroom Corner
Corner Residence
Approx. 51.7 m²
Investor Profile
Premium positioning within the 1BR segment. Corner exposure commands a view and rental premium — suited to investors seeking best-in-class within a controlled budget.
Likely Use Case
Managed rental with premium room-rate potential · Medium-term appreciation hold
2 Bedroom Corner Suite — Silk Towers
2 Bedroom Corner
Corner Suite
Approx. 71.5–72.3 m²
Investor Profile
Large-format investment. Suitable for family use alongside managed rental, or for investors targeting the upper end of the Batumi branded residence market.
Likely Use Case
Family use with rental management · Upper-market capital appreciation
Merged Apartments
Bespoke Configuration
Contact for Details
Investor Profile
Available where adjacent units are mergeable. Suitable for high-net-worth buyers seeking a bespoke larger residence or a distinctive hospitality suite.
Likely Use Case
Bespoke penthouse or suite configuration · Premium market positioning
Floor Plans

Explore the Layouts

Available Units

Choose Your Unit

Select from the available Silk Towers inventory. Pricing and availability are subject to confirmation. Contact our team for the current offer sheet.

Studio
Sea View Studio
Size
Approx. 28.6 m²
View
Sea View
Tower
Tower 1 / 2
Payment
20% + 48 months
From$98,000
Available
1 Bedroom
Type A — Sea View
Size
Approx. 47–48 m²
View
Sea View
Tower
Tower 1 / 2
Payment
20% + 48 months
From$98,000
Available
1 Bedroom
Type B — Boulevard View
Size
Approx. 47 m²
View
Boulevard View
Tower
Tower 1 / 2
Payment
20% + 48 months
From$98,000
Available
1 Bedroom Corner
Corner — Sea View
Size
Approx. 51.7 m²
View
Corner Sea View
Tower
Tower 1 / 2
Payment
20% + 48 months
From$98,000
Limited Availability
2 Bedroom Corner
Corner Suite — Sea View
Size
Approx. 71.5–72.3 m²
View
Corner Sea View
Tower
Tower 1 / 2
Payment
20% + 48 months
From$98,000
Limited Availability
Merged Configuration
Bespoke Unit
Size
Custom
View
Subject to unit
Tower
Tower 1 / 2
Payment
Custom terms
Enquire Directly
By Request
Payment Structure

Flexible Investment Plan

Silk Towers offers a developer-structured payment plan designed to allow phased capital deployment from reservation through to delivery.

Step 01
$2,500
Reservation
Secures your selected unit and locks in current pricing. Refundable subject to developer terms.
Step 02
20%
Down Payment
20% of the purchase price at contract signing. Triggers the formal sale and purchase agreement.
Step 03
80%
Installments
Remaining 80% structured over 48 months from contract execution. Interest-free developer financing.

Payment terms may vary by unit type, tower, and campaign period and are subject to final developer confirmation at time of signing. The reservation amount and installment schedule are indicative. Covalent Bond will provide the confirmed payment schedule upon request.

Covalent Bond

Your Investment Advisor,
Not Your Agent

Covalent Bond operates as a structured investment management intermediary. Our role is to ensure you invest correctly — from unit selection through to delivery, management, and exit.

Exclusive Pricing Access
We negotiate developer pricing structures not available on the open market. Our relationship with Silk Development gives investors access to the most competitive entry points.
Best Unit Selection
Floor-by-floor and tower-by-tower analysis to identify optimal units by view corridor, floor premium, and investment return profile. You select from the best, not the remainder.
No Management Obligation
You are not required to enrol in the hotel management programme. Owners may hold, manage personally, or opt into managed rental — with full advisory support for each path.
Personal Accompaniment Until Delivery
From reservation through to handover, our team handles developer communication, construction milestone tracking, and all administrative and legal steps on your behalf.
Property Management & Rental Services
For investors choosing independent management, we provide occupancy-driven rental management, income collection, maintenance coordination, and structured monthly reporting post-delivery.
Renovation, Furnishing & Finishing Support
Our on-ground Batumi team handles interior fit-out, furniture sourcing, and appliance installation. Units are delivered rental-ready without requiring investor involvement in logistics.
Investor Reporting
Structured monthly income statements, occupancy data, and quarterly portfolio reviews. Investors receive full financial transparency across all assets managed by Covalent Bond, including Silk Towers units under our management scope.
FAQ

Frequently Asked Questions

Can foreigners own property in Georgia?
Yes. Georgia permits full freehold property ownership by foreign nationals with no restrictions. There is no requirement for residency, local company formation, or government approval. Title registration is handled through the National Agency of Public Registry and can typically be completed within a few business days of contract signing. Covalent Bond coordinates the full legal process on behalf of investors.
What does branded residence management mean?
A branded residence is a private residential unit within a development managed and branded by an international hospitality operator — in this case Sofitel (Accor) or Radisson Collection. When enrolled in the management programme, your unit is operated as part of the hotel inventory during periods you are not using it. The operator handles bookings, guest services, housekeeping, and revenue collection. You receive a proportion of the revenue generated based on an owner/operator split, benefiting from the brand's global distribution and rate optimisation infrastructure.
Is the return guaranteed?
No. Returns are not guaranteed. All yield figures and capital appreciation projections presented are indicative, based on market data and developer materials available at time of publication. Actual returns will depend on occupancy rates, seasonal demand, management operator performance, operating costs, and broader market conditions. Covalent Bond does not make guarantees on behalf of the developer or management operator. We encourage all investors to conduct independent due diligence and seek professional financial advice before committing capital.
Can I use the apartment personally?
Yes. Owners enrolled in the branded management programme typically have a designated allocation of personal use days per year, subject to the specific terms of their management agreement. Owners who opt out of the programme have unrestricted personal use. Covalent Bond will provide the specific personal use terms applicable to each tower and unit type upon request.
What are the payment terms?
The current payment structure is: a $2,500 reservation fee to secure your unit and pricing, followed by a 20% down payment at contract signing, with the remaining 80% paid in installments over 48 months from the contract date. Terms may vary by unit, tower, and campaign period. All confirmed payment schedules are provided in writing at time of reservation. Covalent Bond will share the current offer sheet upon request.
Can Covalent Bond manage the unit after handover?
Yes. For investors who choose not to enrol in the hotel management programme, or who want additional oversight alongside the branded programme, Covalent Bond offers property management services including rental coordination, income collection, maintenance management, and structured monthly reporting. This service is available for Silk Towers units under our management scope and can be discussed at any stage from reservation onwards.
What documents are available before purchase?
Through Covalent Bond, qualified investors can access the full project prospectus including developer credentials, construction timeline, floor plans, indicative pricing, management agreement terms, and legal ownership structure documentation. A signed NDA may be required for certain materials. Contact our team to begin the documentation process.
Private Investment Brief

Request a Private
Silk Towers
Investment Brief

Receive the full project prospectus, indicative pricing, floor plan selection, and current availability. Reserved for qualified investors.

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Covalent Bond acts as an investment advisory intermediary. All pricing and availability subject to confirmation. Investing in real estate involves risk; this page is for informational purposes only and does not constitute financial advice.