Mardi Hills is a comfort-class residential complex by Mardi Holding on the Kakhaberi hillside in Batumi, at 24 Shervashidze Ascent, 200 m above Bagrationi Street. The first phase comprises three blocks of 6-9 floors with two-level underground parking, an outdoor temperature-controlled pool, spa and fitness facilities. The project carries Accor's Handwritten Collection branding, with a hotel component scheduled to open after residence handover. Apartments range from studios of about 28 m2 to large units; handover for all three blocks is promised for Q4 2026. Installment plans and TBC Bank mortgages are offered. Prices were last updated June 2026. Mardi Holding lists 14 completed projects in Georgia dated 2015-2022.
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Who is the developer and what have they built before?
Mardi Holding, a Batumi group established in 1993 whose construction arm Mardi House dates from 2010. Korter lists 14 completed, sold-out projects from 2015-2022 in Batumi, Tbilisi and Bakuriani; the company also has Accor partnerships on Novotel Living Batumi and Mercure Aquapark Batumi.
When is handover?
The developer promises completion of all three blocks in Q4 2026. The associated Accor hotel is scheduled to open in Q3 2027.
What payment options exist?
30% down payment with interest-free installments (up to 18-32 months depending on source and unit), or a TBC Bank mortgage from 7.8% interest.
Is there a rental management program?
Yes — units can enter an Accor-operated rental program with a 60/40 revenue split in the owner's favor, a 10-year agreement, and 3 weeks of personal use per year, per the project website.
How far is it from the sea and airport?
The complex sits on the Kakhaberi hillside above Bagrationi Street, away from the seafront and center; it is roughly a 20-minute drive to Batumi International Airport (5+ km) and 3+ km to the railway station.
Does the price qualify for Georgian residency?
Since 01.03.2026 the residence-permit threshold is $150,000 by combined appraisal. Entry-level units (from about $60,000-$80,000) fall below this alone; larger units or combined purchases can reach it. Verify appraisal with a lawyer.
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