Redefining real estate in Batumi

One Development brings a “personal developer” approach to real estate, creating living spaces focused on the customer. Its upscale family projects are drawing Gulf investors to Batumi’s dynamic property market.

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One Development is reshaping Batumi’s real estate market with family-oriented projects that meet rising demand for long-term residences.

"WE ARE POSITIONED TO OFFER MORE THAN SHORT-TERM RENTAL STUDIOS."

The company’s flagship ONE project combines advanced engineering with prime residential positioning amidst an array of amenities for family living. The 36-storey tower offers a mix of apartments and custom penthouses, with views of the Black Sea, mountains, and glittering city skyline. Meanwhile, the HOME project, in nearby Gonio, comprises premium townhouses overlooking the coastline and is adjacent to the area earmarked for development by the UAE’s Emaar. “We expect this will increase their value, so we are focused on completing the complex, offering greater value to our customers,” notes Gerekhelia.

Building on the firm’s reputation for trust and quality, strategic partnerships with global hotel brands are central to its expansion plans. Construction has already started on the company’s Ramada Residences project, in collaboration with Wyndham Hotel Group. “The branded residence market is performing well in Batumi,” says Gerekhelia. “For international investors, this presents a strong opportunity.”

With two further projects in the works, including an all-inclusive resort complex in Ureki, the company is now opening an office in the Gulf to better serve investor demand in the region. Here, Gerekhelia discusses investor partnerships and how Batumi’s evolution into a year-round destination is spurring growth.

Q: What was your initial vision for One Development?