Bana Development
- Handover
- Q4 2027
- Flats
- —8 floors
DeveloperBANA Development2 projects on Sivrce · 0 completedDetails
- Price from /m²
- ₾1 250
- Handover
- Q4 2027
- Flats
- —
- Floors
- 8 floors
- Location
- Tamar Mepe Ave, 62 | Iberia St, 2, Batumi
Price vs the market
31% below the Batumi median
₾1,250/m² against a median of ₾1 814/m² across 166 new-build projects in Batumi.
Developers’ published “from” prices on Sivrce — the entry price, not an average.
| Project | From /m² | Handover | Built | Distance |
|---|---|---|---|---|
| Bana DevelopmentThis project | ₾1 250 | Q4 2027 | — | — |
| Sea HillsAC GROUP GEORGIA LTD | ₾1 270 | Q1 2027 | — | 31 m |
| BANABANA Development | ₾1 250 | 2027 | — | 40 m |
| Al Mare GreenMidtown Group | — | Q4 2027 | — | 218 m |
| Green HouseML Holding | ₾1 350 | Completed (2023) | 100% | 239 m |
| HarmonicaHarmonica | $1 250 | 2028 | 20% | 354 m |
| Next CollectionNEXT Group | $2 100 | Q2 2027 | 21% | 386 m |
Building in 3D
8 floors · — · Under construction · hover a floor
Neighborhood
Somewhat walkable
Your commute
Add your work or school — every listing shows how far it is.
Area
- Country
- Georgia
- City
- Batumi
- Neighborhood
- Makhinjauri
- Address
- Tamar Mepe Ave, 62 | Iberia St, 2
- To Center
- 10.7 km · transit ~41 min · drive ~25 min
- 15-Min Living
- 40+ spots walking
- Air & Ecology
- AQI 35 · Clean Air
Nearby
- Bus16
walk ~1 min
walk ~1 min
- Tamar Mepis Gam251 m
walk ~3 min
walk ~3 min
- Landmark8
- Makhinjauri Beach966 m
walk ~12 min · transit ~8 min
walk ~12 min · transit ~8 min
walk ~13 min · transit ~8 min
walk ~16 min · transit ~9 min · drive ~7 min
- Restaurants7
- Veranda417 m
walk ~5 min
- Fish restaurant714 m
walk ~9 min
- Flora873 m
walk ~11 min · transit ~8 min
- Mtsvane Kontskhi925 m
walk ~12 min · transit ~8 min
- Market3
- Deili304 m
walk ~4 min
- Karpuri Siti500 m
walk ~6 min
- Luka798 m
walk ~10 min
- University2
walk ~1 min
walk ~9 min
- Kindergarten1
walk ~1 min
- Gym1
- Sportdarbazi474 m
walk ~6 min
- Train1
- Makhinjauri867 m
walk ~11 min · transit ~8 min
- School1
walk ~12 min · transit ~8 min
All Media
Photos & renders: 8
About the project
Residential complex Bana is located in a quiet suburb of Batumi, near the resort settlement of Makhinjauri, 62 Tamar Mepe Avenue | 2 Iberia Street. The complex is situated next to the Botanical Garden and on the first line from the sea. The windows of the new development offer panoramic views of the sea and mountains. All necessary infrastructure facilities are located nearby. The drive to Batumi takes about 15 minutes. Advantages of the complex: first line from the sea; convenient transport accessibility; landscaped territory; local management company; wide selection of apartments; ready renovation; concierge service; reliable developer. External infrastructure The new development is located in an area with diverse commercial, retail, and social infrastructure within walking distance: attractions: Botanical Garden, “Green Cape”; beaches: Magnolia Beach, Makhinjauri Beach; educational institutions: private university, public school; medical facilities: pharmacies, hospital; supermarkets: Paradise, Luca; restaurants and cafes: cafe “Dolphin”, Fish Bar, Cafe Veranda, Restaurant Bungalow Green Cape; leisure and recreation areas: Dynamite Fitness sports club, Green Cape Bridge, observation decks; hotels and guesthouses; bank branches; gas stations; other facilities. More infrastructure facilities are located a few minutes’ drive away in Batumi. Architecture Bana is a premium-class residential complex consisting of two 12-storey blocks, each featuring commercial space on the first two floors and residential apartments above. The building is constructed using durable monolithic frame technology. The complex is designed in a modern architectural style. The facades are finished with aesthetic white panels contrasting with the dark frames of panoramic glazing. Open glass balconies are placed on the facades. The building features an exploitable rooftop with a public area and a panoramic swimming pool. Commercial premises are located on the lower floors. Entrance groups are equipped with ramps. Internal infrastructure The territory is благоустроена and landscaped with a designed green environment. The complex offers good transport accessibility. By car, the city center can be reached in about 15 minutes. Several public transport stops are located nearby, with buses running to Batumi and the airport. The drive to Batumi International Airport takes approximately 35 minutes. The residential stock includes more than 155 apartments.
More projects — BANA Development
Estimate a mortgage
Indicative figure calculated with the standard annuity formula — not a bank offer.
Spotted an inaccuracy? Tell us
Frequently asked questions
How much is a square meter in Bana Development?
Prices in Bana Development start from ₾1,250/m². Location: Tamar Mepe Ave, 62 | Iberia St, 2. New-build prices in 2026 vary by floor, view and frame condition.
When will Bana Development be handed over?
Handover date: Q4 2027.
Which frame condition are apartments sold in at Bana Development?
New developments in Georgia are typically sold in three conditions: black frame (shell only), white frame (ready for renovation — plaster, wiring, screed) and green frame (near-complete). Confirm the exact condition for Bana Development with the developer's sales office.
Can I buy an apartment in Bana Development with an installment plan or mortgage?
You can buy in Bana Development with a developer installment plan (typically 10–30% down, payments until handover) or a bank mortgage. Confirm details with the developer or contact us on Sivrce.
Who builds Bana Development?
Developer: BANA Development. Full profile, other projects and reviews: sivrce.ge/developers/bana-development.
Is buying in Bana Development a good investment?
Buying under construction is usually cheaper than a completed unit — prices rise toward handover. Rental yield and ROI in Batumi depend on the district and frame condition; compare similar projects on Sivrce.
Interested?
Your message goes straight to Bana Development
Reviews
Write a review
Sign in to leave a reviewBe the first to review
Your experience helps others make a better choice.








