Novotel Living Batumi (also listed as Bana / Mardi Evergreen) is an under-construction residential and aparthotel complex in Makhinjauri, on Batumi's northern coastal strip beside the Batumi Botanical Garden. Developed by Mardi Holding in partnership with Accor, whose Novotel Living brand is contracted to operate the hotel infrastructure and manage rentals of owner apartments under a strata-title model, the project comprises two 12-13-storey monolithic-frame blocks with commercial space on the lower floors, a rooftop terrace and sky-bar, swimming pool, spa, fitness center and co-working space. Apartments range from studios of about 31 m2 to three-room units of about 67 m2. Completion of both blocks is currently scheduled for Q4 2027, with construction progress documented in monthly photo and video updates.
Key facts
Questions buyers ask
Who is the developer and who operates the complex?
The project is developed by Mardi Holding (the project company appears on listings as Bana Development); Accor is contracted to operate the complex under its Novotel Living brand, per a partnership announced in June 2023.
When will it be completed?
Current listings state Q4 2027 for both blocks. Earlier marketing materials cited end-2023 completion and a 2025 opening, so the timeline has been extended; construction progress is documented in monthly updates on the developer's site and korter.ge photo monitoring.
What do apartments cost?
The korter.ge developer listing shows from $1,250/m2, with studios from $42,390, 2-room units from $65,610 and 3-room units from $84,510. Some agency listings quote substantially higher prices ($2,285-3,020/m2), so confirm current pricing with the developer directly.
What payment plans are available?
10% down payment with interest-free installments up to 24 months, or a mortgage through TBC Bank from 7.8% interest. Units are offered in green-frame or turnkey finishing.
Can my apartment be rented out for me?
Yes — under the strata-title model, Accor's Novotel Living operation is to manage rentals of owner apartments. The revenue split and fees have not been published; request the management agreement before purchase.
Does a purchase here qualify for Georgian residency?
Georgia's investment-residency threshold is $150,000 in real estate (by combined appraisal) as of March 1, 2026. Entry-level studios in this project are priced below that threshold, so a single studio at developer pricing would not qualify on its own.
How far is it from central Batumi?
About 6 km from the city center, roughly 14 km from Batumi International Airport, and within a few hundred meters of Makhinjauri railway station. The Batumi Botanical Garden is adjacent, and the beach is a pebble beach across the coastal avenue.
Compiled from public sources and developer materials. Facts re-checked periodically; always confirm final terms in the purchase contract.