Novotel Living Batumi

Novotel Living Batumi is Mardi Holding’s Accor-branded residence on Iberia Street, on the quiet stretch of coast where Batumi runs north towards the Botanical Garden. Accor announced it in June 2023 as the Novotel Living brand’s first address in Georgia. Mardi Holding builds it; Accor licenses the brand and brings the hospitality systems with it.

Two towers hold 341 apartments over thirteen floors, in studio, one- and two-bedroom formats. Every one is handed over turnkey: furnished, fitted and ready to let on the day the keys change hands. Kitchens arrive integrated, with an induction hob, fridge, dishwasher and laundry already in place. The suites are soundproofed, each with a work zone and fast Wi-Fi, and the interiors were drawn by Sundukovy Sisters Studio, the practice behind hotel interiors across Europe and the Gulf.

The rooftop is the building’s set piece: a heated infinity pool with a 360-degree view over the Black Sea and the ridgelines behind the city, a panoramic Sky Bar, and a separate shallow pool for children. Below it are 24/7 food and beverage, a panoramic restaurant and a lobby lounge, a spa and fitness floor, a gourmet market and a boutique at street level, a co-working hub with soundproofed cabins, and a reception with concierge and keyless access around the clock. The private beach is about 40 metres away, with a beach bar, sunset cabanas, sunbeds and children’s sea-play areas.

Ownership is full freehold with an individual title deed in the public registry, and it comes coupled to a rental-programme lease: you own the apartment and let it, while Accor runs the hotel infrastructure around it. That lease is part of the purchase rather than an optional extra, so read it before you sign. Owners are also eligible for Accor One Residence, which carries Gold tier in Accor Live Limitless, a VIP reservations desk, arrival upgrades and a discount at participating hotels.

Handover is scheduled for the last quarter of 2027, and the hotel itself opens the year after. Apartments are handed over complete and furnished to Accor’s standards, so there is nothing left to fit out. A first instalment of USD 1,000 books an apartment; from there you pay 30% up front and the balance over roughly eighteen months, with the final payment due at handover. Paying a larger share up front earns a discount, and those terms change through the year, so ask us what applies this month.

The rental programme runs for ten years from handover and renews automatically. In the first year the owner takes 90% of net profit; from the second year the split moves to 60% of net room revenue. You keep 21 nights a year for your own use, booked fourteen business days ahead and up to ten nights in a row. The obligation is registered against the apartment, so it carries over to whoever owns it next.

• The brand Novotel Living, Accor’s first in Georgia
• The scale 341 apartments over thirteen floors, all turnkey and furnished
• The rooftop heated infinity pool, Sky Bar and a children’s pool
• The beach about 40 m, private, with a beach bar and cabanas
• Handover the last quarter of 2027, with the hotel opening in 2028
• The interiors Sundukovy Sisters Studio, kitchens delivered with appliances