Silk Towers Batumi: Sources and Prices Guide (2026)

Silk Towers Batumi is a mixed-use development that Silk Development, part of Silk Road Group, is building on the first coastline of Old Batumi, next to the Alphabetic Tower and the Ali and Nino sculpture, with Kengo Kuma and Associates named as architect and master planner.

This guide to Silk Towers Batumi reads the developer’s landing page as seen on 9 November 2026 in its English, Russian, Polish and Georgian versions, the developer’s news pages and two PDFs from its partner hub, and sets them beside press releases, an engineers’ project page, a London project directory and broker listings. Where sources differ, a table shows what each one prints and the guide does not choose between them.

The developer prints no handover date, no unit total and no single payment plan, and the guide says so where it matters. It adds sourced background on the district, on buying, tax and residence in Georgia, and on the questions to put to the developer in writing.

Overview of Silk Towers Batumi

The developer’s English landing page places Silk Towers Batumi on “Batumi’s first line”, next to Ali and Nino and the Alphabetic Tower, and the developer’s fact sheet describes the site as the meeting point of the seaside promenade and Old Batumi. The fact sheet names Silk Development as developer and Kengo Kuma and Associates as the design firm, and calls the first phase of the buildings Tower 1.

The developer’s floor-plan PDF lists three kinds of apartment on floors 6 to 40: a studio, three one-bedroom layouts and a two-bedroom corner layout, with total areas from 28.4 to 72.3 m² including external areas. The developer’s news says pre-sales began in August 2025, that pile installation was under way on 30 April 2026, and that apartment management and hotel-level services will be handled by Silk Hospitality.

The English and Georgian landing pages carry one price statement, apartments starting from USD 95,000, with no unit type attached. The Russian and Polish pages print none. The landing pages also carry projected-return and price-growth statements; this guide does not reproduce them, and no return figure appears in it. Apart from the municipal park, which is open, the developer describes every amenity in the future tense, and the table marks those items as planned.

Location of Silk Towers Batumi: Old Batumi, the Alphabetic Tower and Ali and Nino

The developer’s English FAQ puts Silk Towers Batumi “in the heart of Old Batumi, just steps from the Black Sea and Batumi Boulevard”. The landing page’s location block names a municipal park, a yacht club, the Old Town, Batumi Boulevard, Iveria Beach, the Ali and Nino statue, Piazza Square and the Batumi Theater, without distances. The addresses printed on the landing page are those of the sales offices, and no page read gives coordinates or a street number for the plot.

The two landmarks the developer names are documented by other sources. The Official Tourist Guide of Ajara describes the Alphabetic Tower as 130 metres high, built from 10 October 2010 to December 2011, with an observation deck and a restaurant on its top two floors.

The same guide describes the Ali and Nino sculpture as eight metres tall, made in 2010 by Tamar Kvesitadze with Paata Sanaia, its two figures meeting every ten minutes. Wikipedia adds that the sculpture was moved after storm damage in 2015 to its present place beside the Ferris wheel.

Using the coordinates printed in the Wikipedia articles on the tower and the sculpture, the two are about 0.31 km apart in a straight line (calculated). That says something about the neighbours and nothing about the plot, whose own position is not published, so this guide gives no distance from the project to any landmark.

The wider setting is Adjara. Geostat counts 413.2 thousand residents in the Adjara region on 1 January 2026 out of 3,941.1 thousand for Georgia, or 10.5% (calculated), of whom 279.9 thousand live in urban settlements. Its inbound tourism release records 7.8 million arrivals of international non-resident travellers in 2025 and 6.9 million visits by international visitors, of which 3.8 million were to Tbilisi and 2.7 million to Adjara. These are regional figures and say nothing about a single building.

Three sources print distances or walking times for the project. They cannot be compared directly, because a walking time depends on a start point and a speed that none of them states.

A distance and a time can be set side by side only with an assumption about speed: at an assumed 5 km/h, 100 m is about 1.2 minutes (calculated, the guide’s assumption). A buyer who needs the figure can ask for the walking route in metres from the building entrance to the nearest public beach access.

The developer’s news gives the master-plan site as 10 hectares (30 April 2026) and nearly 10 hectares (26 October 2026) and calls the 2-hectare municipal park the first stage. A Silk Road Group release of 10 September 2025 says green space will extend into the Silk Towers grounds across six hectares and connect with the boulevard and the port promenades. Those are plans for open space, and a site plan with plot boundaries is not published.

Design team, status and handover figures

Silk Road Group announced on 19 October 2023, in a release republished by Entrepreneur Georgia, that Silk Development had contracted Kengo Kuma and Associates to develop a design, a concept and an updated master plan for Silk Towers. The developer’s news of 30 April and 26 October 2026 calls the project the studio’s first collaboration in Georgia.

Entrepreneur Georgia reported on 18 December 2025 a talk by a project manager of the studio at a Homeis.ge forum held at the Telegraph Hotel. He said the strategy was to keep the towers visually in the background of landscaped, human-scale spaces, using podiums to soften the mass, and to make the façade from leftover stone from Georgian quarries.

The landscape architect is MASU Planning of Denmark. The release of 10 September 2025 says Silk Road Group completed a municipal park beside the site and gave it to the city as the first stage of Silk Towers.

The release lists two padel courts, a mini-football field, leisure zones and walking and cycling paths, says more than 600 trees and nearly 63,000 shrubs and flowering plants of over 210 species were added to the preserved planting, and puts the investment in the park above USD 4 million. MASU Planning’s own news item of 16 September 2025 describes the park as an extension of Batumi Boulevard built with local stone.

The New London Architecture project directory, in an entry listed by AKT II and last updated on 24 February 2026, credits the team below. The Tyréns AKT project page, which is undated, lists the client as Batumi Riviera, the project value as confidential and the status as on site.

The dated statements about status are in the next table. The two awards appear once each, as the developer and its group report them.

Read together, the sources describe the park as open and the buildings as under construction, with the 30 April 2026 item placing the work at the foundation stage. No source read gives a percentage complete. The yacht club is described differently over time: the September 2025 release says its construction will be completed by the end of that year, and the fact sheet created in February 2026 says it is under construction. This guide records both and does not reconcile them.

On handover, the developer’s landing pages in all four languages, its news, its fact sheet and its floor-plan PDF print no date. Only third parties do, and they describe different things.

None of the third-party dates is a developer commitment. The date that binds the developer is the one written into the sale contract, which is why section 9 puts it first among the items to request.

Unit mix, sizes and the three-bedroom question

The developer’s floor-plan PDF, linked on the partner hub of the landing site and read on 9 November 2026, is the only developer source with areas to a decimal place.

It has plan sheets for floor 6, floors 7 and 8 and a typical floor 9 to 40, and five unit-type sheets, each marked floors 6 to 40: a studio, three one-bedroom layouts (Type A, Type B and Corner) and a two-bedroom corner. Each sheet splits the total area into an internal and an external area, the external area being the balcony or terrace.

The landing pages print a smaller set of figures, minimum sizes for three apartment types. The English, Polish and Georgian versions agree with each other and the Russian version differs, so the table has three columns.

The pages do not say whether a landing figure is a total or an internal area, or why the Russian minimums are lower for the studio and the one-bedroom. The next table is plain subtraction against the smallest plan area of each type, in square metres (calculated).

A landing minimum below the only plan area, as for the two-bedroom in the English version (71 against 72.3 m²), is a difference worth having explained in writing, since the PDF shows a single two-bedroom layout. The typical-floor sheet labels its studios at 28.4, 28.5, 28.6 and 28.7 m², so even within the studio type the drawn totals vary by a few tenths of a square metre.

Internal and external areas as printed do not always add to the printed total. For Type A, 37.9 + 9.5 is 47.4 against 47.3 printed; for Type B, 37.8 + 8.0 is 45.8 against 45.9; for the corner one-bedroom, 47.2 + 4.7 is 51.9 against 51.8 (calculated). The studio and the two-bedroom add up exactly. The gaps are 0.1 m² and look like rounding, but the area and the method of measuring it are fixed in the sale contract.

The share of balcony and terrace runs from 9.1% to 20.1%, so a buyer comparing layouts by total area compares different amounts of covered living space. The guide gives no price per square metre of any kind, because the developer prints none.

The three-bedroom question is a plain conflict between the developer’s own materials and third parties.

The guide treats the three-bedroom as unconfirmed, because the developer’s plan and fact sheet list none while its landing text and Georgian list mention one. Whether such a unit exists in a later phase or tower is a question for the developer.

On finish, the landing pages describe open interiors and private balconies, and the unit-type renders show furnished layouts, but no developer page says whether units are sold furnished, finished or as a shell. Brokers describe a turnkey finish: Realting says finished except upholstered furniture, and Neginski lists built-in appliances and 3 m ceilings. Those are broker statements.

The English landing text says balconies face the Black Sea or the mountains, and the Georgian text adds the city or the park, which matches the four view labels on the plan sheets.

Floors, towers and investment: what each source prints

Floor and tower counts depend on the source, partly because the sources describe different stages and different scopes. The tables keep each print separate, and the paragraphs after them say what can and cannot be read across.

Several things follow. The apartment sheets stop at floor 40, but they say nothing about floors 1 to 5 or about any floor above 40, so 40 is the top apartment floor of the first tower, not necessarily its storey count. If the engineer’s 51 storeys and the developer’s floor 40 describe the same tower, eleven floors are not described by any source read (calculated: 51 minus 40), and the engineer says only that the tower combines residential, commercial and sports uses.

The two investment totals differ by USD 70 million (calculated) and the two releases are about eight weeks apart (calculated); neither says what the total covers. The 60,000 m² construction area and the 35,000 m² Phase 1 floor area are different measures with different scopes, and the sources do not say how they relate.

The practical reading is that a floor count says little about the number of apartments. The developer prints no unit total, and this guide does not derive one from the plan sheets, so the number of units and the number of units per floor are items to request in writing.

From-price and payment-plan wording by language

The one price statement on the developer’s pages is in the enquiry-form text of the English landing page, which reads “Apartments starting from $95,000”. The Georgian page gives the same figure and the Russian and Polish pages print no price. No unit type, size or floor is attached to it, the developer’s PDFs print no prices, and the page metadata shows 13 March 2026 as its last modification. It is the developer’s statement as seen on 9 November 2026 and not a price list.

At the National Bank of Georgia’s official rate of GEL 2.5949 per USD in force on 9 November 2026, USD 95,000 is GEL 246,516 (calculated), and it is 63.3% of the USD 150,000 residence-permit threshold discussed in section 8. Broker figures are the brokers’ own: they are not the developer’s prices, and the pages do not say which unit type they describe.

Payment wording differs by language. The table gives each version in its own terms, without recommending any.

The Russian page prints 10%, the Polish and Georgian pages 20%, the English page none and a broker 15%, and this guide does not choose one. The Georgian text says the balance is interest-free for the first 48 months, where the Russian and Polish texts say over 48 months. As arithmetic only, 10% and 20% of USD 95,000 are USD 9,500 and USD 19,000 (calculated); no source applies either plan to that price or to any unit type.

Whichever plan applies is set by the sale agreement. The payment schedule with dates and amounts, the account the money goes to and what protects instalments paid before registration are the items to request, and section 9 lists them.

Planned amenities, Silk Hospitality and casino licensing

The developer lists a long set of amenities and describes all of them except the park as part of what the complex will include. The table separates the wording from the status.

Only the park is open, and its two padel courts are in the park, which the release describes as a gift to the city. Whether owners have any priority or fee arrangement for the pools, spa, fitness areas, yacht club or courts is not stated. That matters because the developer’s landing page lists them as features of the complex.

Silk Hospitality is named as manager. The developer’s news of 30 April 2026 says apartment management, rentals and the delivery of hotel-level services for residents and guests “will be fully handled by Silk Hospitality”, and the English landing page says the same group company manages hotels, casinos, restaurants, nightclubs, spas and wellness centres across Georgia. No page read prints a management agreement, a fee, a term, a rule on whether an owner must use the manager or any rental split.

The casino needs separate treatment, because it is a regulated activity. The landing page, the fact sheet and the press releases all describe a casino as part of the complex and every source puts it in the future tense. None names an operator, a floor area, a licence holder or an opening date. What the official and legal sources read on 9 November 2026 say about gambling in Georgia in general is below.

From these sources the guide states only that gambling in Georgia is legal, that it is regulated through licences, and that casino operation is a taxed activity. It does not state that a casino at Silk Towers holds or will receive a licence, because no official source read mentions one. For a buyer for whom the casino matters, the questions are in writing: who operates it, under which licence, when it opens, and whether owners have any right or obligation in relation to it.

Buying in Georgia: registration, tax, residence and financing

Registration, ownership and fees

Under Article 183 of the Civil Code, an immovable thing is acquired by a written transaction followed by registration of the acquirer’s ownership right in the Public Registry, so ownership arises on registration and not on payment. The Organic Law on Agricultural Land Ownership limits an alien’s ownership of agricultural land to inheritance (Article 4), and an apartment in a tower is not agricultural land. The developer’s pages do not publish the plot’s land category, which is an item to request.

A unit that is not yet built raises a timing question. Article 12 of the Law on Public Registry allows a property right to be pre-registered on the basis of an agreement between the parties and says pre-registration rules out registration of any other right in the property unless the parties agree otherwise. No page read says whether Silk Development uses pre-registration.

The National Agency of Public Registry publishes its registration fees: GEL 150 for registration of a change of an immovable property right within four working days, GEL 270 within one working day and GEL 350 on the day of filing. At GEL 2.5949 per USD those are about USD 58, USD 104 and USD 135 (calculated). A registry extract costs GEL 20 in one working day or GEL 13 online, plus GEL 26 for an English version, on the information fee page.

A buyer abroad can use the agency’s smart-contract service, which registers rights online in a virtual meeting booked in advance, or a power of attorney. Foreign documents generally need an apostille, and the Hague Conference status table shows Georgia as a party to the Apostille Convention since 14 May 2007. The guides on how to buy property in Georgia and whether foreigners can buy give the order of the paperwork, and the off-plan guide for Batumi covers purchases before completion.

Property tax and other taxes

Property tax changed on 30 September 2026. Law No. 1874 of that date is recorded in the Tax Code text.

Article 202(5) sets the rate on a natural person’s taxable property other than land at not less than 0.8% and not more than 1% of its market value at the end of the previous year, and Article 206(1)(a) exempts it if the family’s income in the previous year did not exceed GEL 100,000. The EY Georgia Tax and Law Brief for July to September 2026 reports the same amendment and says the earlier threshold was GEL 40,000.

Under Article 205 a natural person files the return by 1 November and pays by 15 November, and the Revenue Service keeps a property tax page. As arithmetic only, if USD 95,000 (GEL 246,516) were a taxable market value, 0.8% to 1% would be GEL 1,972 to GEL 2,465 a year above the income threshold (calculated). That is not a tax bill: the market value is the authority’s, and a contract price is not a market value. The property tax guide sets out how an owner files and pays.

Article 81(2) taxes residential rent received by a natural person who makes no deductions at 5%, and the general rate in Article 81(1) is 20%. Article 81(3) taxes the surplus from providing a residential apartment at 5%, and Article 82(1)(f.a) exempts the surplus from the sale of an apartment owned for more than two years. The developer’s fact sheet carries its own tax statement, which this guide does not reproduce; the Tax Code and the Revenue Service are the references.

Residence permit

The Public Service Development Agency and the Law on the Legal Status of Aliens (Articles 15 and 16) describe a short-term residence permit for an alien who holds title to non-agricultural immovable property with a market value exceeding USD 150,000 equivalent in lari, set by a certified assessor, and for a spouse and children. The permit can be extended each time for one year and ends if the ownership right ends. An investment permit exists for property exceeding USD 300,000.

The residence permit guide gives the process. The guide takes the official wording as the rule.

Financing

The developer prints no mortgage arrangement. The National Bank of Georgia sets a loan-to-value limit of 90% for lari loans and 70% for foreign-currency loans, and payment-to-income limits of 25% below GEL 1,500 of monthly net income and 50% above it for lari loans, or 20% and 30% for foreign-currency loans where income is in another currency. Lending to a non-resident is each bank’s own policy, and the mortgage guide explains it.

What to ask for in writing, and how to read a unit total in an off-plan tower

A floor count and a unit total answer different questions, and the sources here give only the first. The developer’s plan sheets show apartments on floors 6 to 40, which is 35 floors (calculated), five layouts and a note on view directions, and print no number of units. The areas on the typical-floor sheet vary by a few tenths of a square metre within a type, so an area quoted for a layout is not necessarily the area of a given unit number.

A buyer therefore needs a floor-by-floor unit schedule with unit numbers, layout, view, internal and external area and price, before treating any layout figure as a unit fact. Because most gaps in this guide are gaps in what the developer prints, each one is turned into a written request below, in the order a purchase follows.

1. A dated price list with unit numbers, floors, layouts, internal and external areas, views and finish, so that the USD 95,000 starting statement can be matched to a real unit.
2. The handover date written into the contract as a calendar date, for the specific tower or phase (the fact sheet calls the first phase Tower 1), and the contract’s provision for a handover that does not happen on that date.
3. The full legal name and registration details of the entity that signs the contract and receives the payments. The pages read use several names: Silk Development as developer, “Silk Real Estate” in two headings of the Russian landing page, and Batumi Riviera as client on the engineer’s page.
4. The construction permit, the land category of the plot and the Public Registry extract for the plot, so that the address and cadastral code match the sale documents.
5. The payment schedule with dates and amounts, which of the plans printed in different languages applies, whether the money goes to an escrow or payment account, in whose name, and what protects instalments paid before registration.
6. Whether the buyer’s right will be pre-registered under Article 12 of the Law on Public Registry, and from which date.
7. What the price includes: finish level, furniture and appliances, parking space, storage, and whether any of them is priced separately.
8. The area of the unit stated as internal area and external area separately, the method of measuring it and any tolerance, since the plan sheets show totals that differ by tenths of a square metre.
9. The content of the management agreement with Silk Hospitality: the services, the fee, the term, whether it is compulsory, how rental income is shared if the unit is let, and what the owner may do alone.
10. The service-charge schedule for common areas, and for each amenity (pools, spa, fitness areas, yacht club, courts, casino access) who owns it, who operates it, whether owners have access, on what terms and from what date.
11. The status and expected date of each amenity, since only the park is described as open.
12. Whether a three-bedroom type exists and where, since the developer’s landing text and plans differ.
13. How a buyer abroad signs: smart contract or power of attorney, and the language of the documents.
14. The warranty period for defects and the procedure for claims, and a signed handover act with an inventory and photographs on the day.

A developer that answers these items in one message has made the purchase straightforward to check. Where an answer is missing, the item stays open until it is written into the contract. None of the sources read prints these answers today, and this guide does not supply them.

How Silk Towers Batumi sits among other Batumi projects on this site

Five other Batumi listings on this site are shown for context, each with what its own page publishes. They differ in developer, unit types, finish state and date, so the table does not rank them and draws no conclusion about price. The Georgia country page and the Batumi city page list every project on the site.

The only other listing in the table placed in Old Batumi is NEXT DownTown, a different developer and a one-block scheme of 17 apartments according to its page. The project differs from all five in that the developer prints no unit total and no handover date, so the comparison that matters is between each page’s own list of unpublished items.

Silk Development (developer)

The developer is Silk Development. Its company page describes it as a real estate development company active since 2005 and prints 21 years on the market, 10 completed projects and USD 1,300,000,000 of investment made. The Silk Towers landing page prints 20 years, 10 major projects and over USD 1.3 billion, so the two pages count the years differently. The company page and its news describe Silk Development as part of Silk Road Group.

The projects the company’s pages name include Green Cape Botanico, a residential complex of 80 apartments and 16,723 m² described as 100% completed with USD 15.1 million invested, and the Telegraph hotel in Tbilisi, with 239 rooms and USD 92 million invested, also described as completed. They also name Abastumani Restaurant, shown as 20% completed, and Silk Towers as ongoing. The portfolio page lists Tsinandali Estate, Tsinandali Estate Villas, Iveria Beach Club, Park Hotel Tsinandali, Republic, Neptune Sport Complex and hotels in Tbilisi and Batumi, without completion years.

Silk Hospitality, the group company named as manager of the apartments, is described on the landing page as managing hotels, casinos, restaurants, nightclubs, spas and wellness centres across Georgia. The pages name Silk Development as developer. The Russian landing page uses “Silk Real Estate” in two headings, and Entrepreneur Georgia described Silk Development in October 2023 as a subsidiary of Silk Real Estate. No page read prints the legal name or registration number of the entity that signs sale contracts, which is why section 9 lists it.

Frequently asked questions

What is Silk Towers Batumi?

It is a mixed-use development on the first coastline of Old Batumi, by Silk Development, with architecture and master plan by Kengo Kuma and Associates and landscape by MASU Planning. The developer’s floor plans show studios, one-bedroom and two-bedroom apartments on floors 6 to 40 of the first tower, with total areas of 28.4 to 72.3 m². The developer describes a hotel, a casino, a yacht club, spa and fitness, pools and retail as planned, and the 2-hectare park as open.

Where is Silk Towers Batumi?

The developer places it in Old Batumi on the first coastline, next to the Alphabetic Tower and the Ali and Nino sculpture, at the meeting point of the seaside promenade and the old town. It prints no street address or coordinates for the plot; the addresses on its landing page are sales offices. The two landmarks are about 0.31 km apart in a straight line (calculated from Wikipedia coordinates). A registry extract for the plot gives the address used in the sale documents.

How much does Silk Towers Batumi cost?

The developer’s English and Georgian landing pages print “apartments starting from” USD 95,000, with no unit type or size attached; the Russian and Polish pages print no price. The developer’s PDFs print no prices. Brokers print their own figures, such as USD 94,800 and USD 100,000, which are labelled as brokers’ figures. A dated price list with unit numbers is the reference for any actual price.

When will Silk Towers Batumi be handed over?

The developer prints no completion or handover date on its landing pages, news, fact sheet or floor-plan PDF. The NLA directory (updated 24 February 2026) gives completion 2029, geoln gives December 2029 and Realting gives 2029 for the first tower; these are third-party figures. The date that binds the developer is the calendar date written into the sale contract, together with its provision for a late handover.

Which apartment sizes are published?

The developer’s floor-plan PDF gives total areas, including external areas, of 28.4 m² for the studio, 45.9, 47.3 and 51.8 m² for the three one-bedroom layouts and 72.3 m² for the two-bedroom corner. The English, Polish and Georgian landing pages print minimums of 29, 46 and 71 m², and the Russian page 26, 43 and 72 m². The pages do not explain the differences, so the contract area for a named unit is the figure to rely on.

How many floors and towers does the project have?

It depends on the source. The developer’s apartment sheets run from floor 6 to floor 40 and name Tower 1 as the first phase. Third parties print 40, 42 or 51 floors and three, four or five towers: the engineer’s page gives a 51-storey Phase 1 tower, the NLA directory three towers, and a 2023 interview five towers. The developer prints no unit total, so the number of apartments is an item to request.

What payment plan applies to Silk Towers apartments?

The developer’s pages print different wording by language. The Russian FAQ gives a 10% first payment and 48 interest-free monthly instalments, the Polish and Georgian FAQs give 20% and 48 months, and the English page prints no figures. A broker prints 15% and 85% during construction. The sale agreement governs, and the payment schedule, the account and the protection of instalments should be read in it before any payment.

Does a Silk Towers apartment qualify for a residence permit?

Georgian law gives a short-term residence permit to an alien who holds title to non-agricultural property with an assessed market value exceeding USD 150,000 equivalent, extended each time for one year and ending with the ownership right. The USD 95,000 starting statement is below that figure, but the test is the assessor’s market value, not the contract price, and the Agency does not address units under construction. The residence permit guide and the Agency are the references.

Is there a casino at the project, and is it licensed?

The developer’s pages describe a casino as planned and name no operator, area, licence holder or opening date. Gambling in Georgia is legal and licence-regulated, and the Tax Code treats casino organisers as tax agents for winnings. No official source read mentions a licence for a casino at Silk Towers, so the guide states no licence status. Who operates it and under which licence are questions for the developer.

What taxes can an owner face in Georgia?

An amendment of 30 September 2026 left the Tax Code with a property tax of 0.8% to 1% of market value on an individual’s taxable property other than land, and an exemption where the family’s income in the previous year did not exceed GEL 100,000. Residential rent without deductions is taxed at 5%, otherwise 20%. The surplus from selling an apartment is taxed at 5% and exempt if the apartment was owned for more than two years.

Sources and last check

Last checked: 9 November 2026. Sources:

• Silk Development: Silk Towers fact sheet (PDF)
• Silk Development: Silk Towers floor plans and unit types (PDF)
• Official Tourist Guide of Ajara: Alphabetic Tower
• Official Tourist Guide of Ajara: sculpture Ali and Nino
• Wikipedia: Ali and Nino (sculpture)
• Wikipedia: Alphabetic Tower
• Official Tourist Guide of Ajara: Batumi Boulevard
• Official Tourist Guide of Ajara: Piazza
• United Airports of Georgia: Batumi airport
• Geostat: Number of population as of 1 January 2026
• Geostat: Inbound tourism statistics 2025
• SRE (Silk Road Group): municipal park in Batumi, 10 September 2025
• Silk Road Group: concept of Kengo Kuma and Associates, 19 October 2023
• Entrepreneur Georgia: Silk Development and KKAA at a Homeis event, 18 December 2025
• MASU Planning: inauguration of a new municipal park in Batumi, 16 September 2025
• New London Architecture: Silk Towers project directory entry
• Tyréns AKT: Silk Towers project page
• SRE (Silk Road Group): Silk Towers at MIPIM 2026, 13 March 2026
• Entrepreneur Georgia: municipal park in Batumi, 11 September 2025
• Silk Development news, 30 April 2026: work progresses on Silk Towers
• Silk Development news, 26 October 2026: European Property Awards
• Georgia Today: Silk Development initiates the Telegraph hotel project, 20 June 2023
• Entrepreneur Georgia: Silk Towers by Kengo Kuma and Associates, 18 July 2025
• SRE (Silk Road Group): Silk Towers portfolio page
• Silk Development: ongoing projects
• Wikipedia: Gambling in Georgia
• Revera Legal: new licensing rules for Georgia’s gambling industry
• Tax Code of Georgia, English text (matsne.gov.ge)
• Wikipedia: Batumi
• Civil Code of Georgia, Article 183 (matsne.gov.ge)
• Organic Law on Agricultural Land Ownership (matsne.gov.ge)
• Law of Georgia on Public Registry, Article 12 (matsne.gov.ge)
• NAPR: immovable property registration fees and terms
• NAPR: informational services fees
• NAPR: smart-contract registration service
• Hague Conference on Private International Law: Apostille Convention status table
• EY Georgia Tax and Law Brief, July to September 2026
• Revenue Service of Georgia: property tax
• Public Service Development Agency: residence permits
• Law on the Legal Status of Aliens and Stateless Persons, Articles 15 and 16 (matsne.gov.ge)
• National Bank of Georgia: PTI and LTV requirements
• National Bank of Georgia: official exchange rates (USD 1 = GEL 2.5949 in force on 9 November 2026)
• Silk Development: company page

This is not legal, tax or financial advice.