Batumi, Georgia, March 26th, 2026, FinanceWire
Ambassadori Island Batumi, the first artificial island development in the Black Sea, is entering the global investment stage at MIPIM 2026 in Cannes (March 9–12) and the Monaco International Investment Forum 2026 (March 18–19). The 84-hectare project combines residential, hospitality, retail, and marina facilities, positioning Batumi as a growing hub for tourism and international real estate investment.
Developed by Ambassadori Group in collaboration with SHoP Architects and Yüksel Proje, the project has partnered with ARUP to implement a Smart City framework that integrates advanced digital infrastructure, automated energy management, intelligent transit solutions, and responsive public services in line with international standards from the European Commission and the International Telecommunication Union (ITU).
The first residential tower will feature 1,350 apartments across 58 floors, with completion scheduled for February 2029. The tower forms the initial phase of a broader masterplan integrating residential, commercial, and marina components, combining large-scale urban planning with Smart City technologies.
Georgia’s designation as an official European Union candidate in December 2023 reinforces its strategic role on the Black Sea corridor between Europe and Asia. Emerging markets such as Georgia are attracting increasing attention from international investors factoring geopolitical and infrastructure considerations into their real estate and capital decisions.
Batumi has seen sustained growth in tourism and international real estate over the past decade. In 2025, Georgia recorded 7.8 million international visitor entries – a ~5.9 % increase year‑on‑year – with 5.8 million international visitors, up ~7.0 % over 2024. Regionally, Batumi’s international arrivals expanded significantly in early 2024, rising over 40 % compared with the same period in 2023. Tourism revenues and hospitality demand – including rising hotel occupancy and short‑stay rental bookings – continue to increase, supporting higher transaction volumes and price appreciation in coastal property markets.
“Ambassadori Island Batumi provides international investors with opportunities to undertake large-scale and high-profit investments in economic projects prepared in advance by international economists, where profit margins reach 60-70%. Under highly efficient management, 50% of the land works have been completed within 24 months. Already, 8 international and local companies have begun implementing investment projects valued at over 600 million, reflecting solid credibility and a business-friendly environment. – Gocha Kamkia, CEO of Ambassadori Island Batumi
Ambassadori Island Batumi will be presented at MIPIM 2026 at the FIABCI Pavilion (P3, next to the MIPIM VIP Lounge), reflecting its status as a FIABCI Platinum Partner and providing investors and industry professionals a dedicated platform to explore the project’s opportunities. Gocha Kamkia, CEO of Ambassadori Island Batumi, will be a featured speaker at the event and will be available for interviews on site.
About Ambassadori Group
Ambassadori Group, founded in 2004, is a leading player in Georgia’s hospitality, retail, entertainment, and real estate sectors. With nearly two decades of experience, the company is renowned for delivering luxury and innovation. Its portfolio includes high-end hotels, exclusive ski resorts, golf club, winery, and other premium real estate developments, positioning Ambassadori Group as a leader in the country’s hospitality industry. The group continues to drive growth through strategic international investments, enhancing Georgia’s global appeal while setting new standards in leisure and lifestyle.
More info: https://islandambassadori.com/
Company Website: https://islandambassadori.com/