Ambassadori Island
Key facts
| Developer | Ambassadori Group |
|---|---|
| District | Tamari / Odysseas Dimitriadis Street coastal area |
| Current status | Land reclamation and First Skyscraper construction are in progress; no completed island residential component has been verified. |
| Residency-eligible ($150k) | No / verify per unit |
Project scope: operating, marketed and future components
Large phased projects are often described as one finished object even when different towers, podiums or later schemes have different statuses. This table keeps those scopes separate.
| Component | Finding | Evidence | Scope note | Source |
|---|---|---|---|---|
| Current marketed island masterplan | The current official website describes an 84-hectare artificial-island development integrating residential, hospitality, retail, entertainment and public-space uses. | Current official marketing | This is the marketed land-area and masterplan description, not proof that every component is complete or contractually included. | source Official source |
| Official environmental scope | The National Environmental Agency issued the environmental decision for arranging an artificial island in Batumi on 14 August 2024 after a documented review process. | Verified public record | The decision covers the environmental process. It is not a property-title, sales-contract or residential-handover record. | source Public record |
| Official detailed-plan area | The planning page covers an artificial island and two peninsulas near Odysseas Dimitriadis Street across cadastral codes 05.30.38.037, 05.30.37.035 and 05.30.37.036. | Verified public planning record | The codes define the published planning area and should not be reused as an exact apartment cadastral code. | source Public record |
| Marine engineering assignment | Yüksel Proje describes approximately 1,146,679 m² of total project area and 765,954 m² of beneficial-use area across peninsulas, breakwaters, anchor area and water-related works. | Professional project source | This engineering-area definition includes marine and water infrastructure and is not directly comparable with the 84-hectare marketed land-area figure. | source Professional project source |
| First Skyscraper | The current official page describes a 58-story mixed-use residential tower, and the May 2026 construction page shows active work. | Current official statement | This supports the current tower design and construction status, not a verified handover date or completed apartments. | source Official source |
| July 2026 commercial listing | Korter lists one 57-floor tower under construction, 1,325 apartments, next delivery in Q1 2029 and prices from $2,898/m². | Dated third-party listing | Useful as a dated market snapshot. Floor count, cadastral references, inventory, price and timetable require confirmation against current official and contractual records. | source Property portal |
Foreign-buyer due diligence
This separates documented facts from developer marketing, third-party listings and buyer allegations. Only populated findings with an attributable source are shown.
Evidence reviewed: 2026-07-16. Prices, availability and project status can change after this date.
| Check | Finding | Status | Why it matters | Source |
|---|---|---|---|---|
| Project identity and entity Publicly named project company | The National Environmental Agency identifies LLC Ambassador Batumi Island as the company that submitted the island EIA, and the official planning page says the detailed plan was prepared on that company’s commission. | Verified | This establishes a project-process connection, but not the current seller, owner or manager for an exact apartment. | source Public record |
| Environmental process Environmental decision and procedural history | The EIA proceeding was suspended twice for additional information, including after Terminal 1 raised maritime-traffic concerns; the agency issued the environmental decision on 14 August 2024. | Verified | The project obtained an environmental decision, but the published procedural history also records material questions that required further review. | source Public record |
| Spatial planning Detailed-plan cadastral scope | The Ministry of Economy page lists cadastral codes 05.30.38.037, 05.30.37.035 and 05.30.37.036 and says the concept was approved on 4 December 2024. | Verified | These codes define a public planning scope. They are not automatically the exact property record for a tower or apartment offered to a buyer. | source Public record |
| Marine engineering Independent professional project connection | Yüksel Proje identifies Ambassadori Batumi Island LLC as its client for a 2022-ongoing engineering and design assignment covering two peninsulas, breakwaters, an anchor area and an artificial beach. | Verified | This independently supports the project’s marine-engineering scope and client relationship; it is not construction-completion or buyer-title evidence. | source Professional project source |
| Current construction Land and foundation progress | The project company stated in January 2026 that 48.3 hectares had been reclaimed, 26 hectares commissioned, all 158 First Tower piles installed and foundation works completed. | Developer claim | This is dated progress evidence from the project company, not an independent completion certificate for the wider masterplan. | source Official source |
| Current construction May 2026 tower works | The official construction page dated 20 May 2026 says work on the First Skyscraper was proceeding across two active zones. | Developer claim | It confirms current activity, but not the future pace, handover date or completion of buyer units. | source Official source |
| Current marketed scope 84-hectare masterplan and 58-story tower | The current official site describes an 84-hectare project and a 58-story First Skyscraper with studio, one-bedroom and two-bedroom apartments plus commercial and wellness facilities. | Developer claim | This describes the present marketed vision. It does not prove that every planned component is permitted, funded, built or included in an apartment contract. | source Official source |
| Third-party commercial snapshot July 2026 schedule and pricing | Korter dated its snapshot 14 July 2026 and listed next delivery in Q1 2029, prices from $2,898/m², studios from $113,897, a 20% down payment and installments up to three years. | Third-party listing | Prices, inventory and payment terms can change and must be confirmed in the exact developer offer and contract. | source Property portal |
| Public-data consistency Floor and cadastral-code differences | The current official site describes a 58-story tower. Korter lists 57 floors and cadastral codes 05.30.38.035 and 05.30.38.036, which differ from two of the three codes on the official planning page. | Third-party listing | The exact tower and apartment should be matched to current official property documents rather than inferred from a portal description. | source Property portal |
Location
Construction updates
- 2023-08 The public environmental portal records completion of the project scoping procedure in August 2023. source Public record
- 2024-08-14 The National Environmental Agency issued the environmental decision after two procedural suspensions for additional information and review of Terminal 1 concerns. source Public record
- 2024-12-04 The Ministry of Economy page states that the detailed-development-plan concept was approved on 4 December 2024 for the listed land parcels near Odysseas Dimitriadis Street. source Public record
- 2026-01-15 The project company stated that 48.3 hectares had been reclaimed, 26 hectares commissioned, all 158 First Tower piles installed and foundation works completed. source Official source
- 2026-05-20 The official construction page showed First Skyscraper work continuing across two active construction zones. source Official source
Status notes are dated and sourced. They reflect what public listings and reports state at each date, not independently verified site inspections.
Price history
| Date | $/m² | Source |
|---|---|---|
| 2026-07 | $2,898 | source Property portal |
Developer track record
Ambassadori Group does not yet have a verified promised-versus-status comparison in our current evidence register. See full delivery record →
Investment math
No project-specific yield is published yet because verified rent, occupancy and operating-cost evidence is incomplete. Use your own assumptions rather than treating a sales forecast as research. Yield calculator →
Residency & costs
The advertised starting price is not available. Residence-permit eligibility depends on one qualifying property receiving an accredited appraisal exceeding $150,000 in GEL equivalent and on the applicant meeting the other legal conditions. The accredited appraisal and current law control, not the advertised price - full detail in our residency guide.
Pros
- Official environmental decision and detailed spatial-planning record
- Current construction evidence for land formation and the First Skyscraper
- Independent confirmation of marine engineering work by Yüksel Proje
- Named international design and feasibility partners on the official project page
Cons & risks
- No completed residential tower or verified buyer-handover record on the island
- Long, multi-component execution horizon combining marine works, infrastructure and vertical construction
- Different sources use different scope measurements, floor counts and cadastral-code sets
- Current commercial terms and delivery dates come mainly from marketing or property portals rather than a verified contract
Risks & open questions
The main risk is scope and execution, not whether some construction activity exists. The project combines land reclamation, coastal protection, infrastructure and a high-rise residential tower. Public sources use different measurements because some describe the 84-hectare marketed land area while engineering material includes water, breakwaters and other marine works. The official site describes a 58-story tower, while the current portal lists 57 floors. Buyers should treat the exact tower, unit, seller, cadastral record, handover definition and management terms as separate questions.
FAQ
When is Ambassadori Island’s First Skyscraper due to be delivered?
The current official pages reviewed do not publish a clear contractual handover date. Korter listed Q1 2029 as the next delivery date on 14 July 2026, but that is a volatile third-party listing, not a verified developer contract or public decision.
Is Ambassadori Island actually under construction?
Yes. Official construction updates show reclaimed land, completed First Tower foundation works and active tower construction in 2026. This does not mean the residential tower or the wider island masterplan is delivered.
Which cadastral codes are publicly connected to the planning area?
The Ministry of Economy page lists 05.30.38.037, 05.30.37.035 and 05.30.37.036 for the detailed-development-plan area. Korter lists 05.30.38.035 and 05.30.38.036. Because the sets differ, none is presented as a single whole-project or exact-unit cadastral code.
Why do public sources describe different project sizes?
The official marketing site describes an 84-hectare island area. Yüksel Proje describes approximately 1,146,679 m² of total project area, including water, breakwaters, peninsulas and anchor-area works. These are different scope definitions rather than directly comparable apartment-site measurements.
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Sources
- Ambassadori Island current official project page Official source
- Ambassadori Island official brand history and partners Official source
- Ambassadori Island official construction progress Official source
- Ambassadori Island 2025 progress statement Official source
- National Environmental Agency — environmental decision Public record
- Ministry of Economy — detailed development plan and cadastral codes Public record
- Yüksel Proje — coastal structures engineering record Professional project source
- Colliers Georgia — mixed-use feasibility project experience Professional project source
- Korter — Ambassadori Island snapshot (14 Jul 2026) Property portal
UPDATED 2026-07-16