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Bana DevelopmentUnder construction · 35% built

Details

Price from /m²
$1,250
Built
35%
Handover
Q4 2027
Flats
—
Location
Tamar Mepe Ave, 62 | Iberia St, 2, ბათუმი

Price vs the market

22% below the Batumi median

$1,250/m² against a median of $1,600/m² across 190 new-build projects in Batumi.

Developers’ published “from” prices on Sivrce — the entry price, not an average.

Nearby new builds comparedNew-build projects within 5 km — price, handover and construction progress
ProjectFrom /m²HandoverBuiltDistance
Bana DevelopmentThis project$1,250Q4 202735%—
Sea HillsAC GROUP GEORGIA LTD$1,250Q1 202735%31 m
Next CollectionNEXT Group$2,100Q2 202720%386 m
Mardi AquaparkMardi Holding$1,640Q4 202830%495 m
Sea LevelSea Level Group$1,200Completed (2021)100%499 m
Sea ZoneX Line$1,200Q3 202656%523 m
SimponiaCape 23$1,850Q1 202735%545 m

Building in 3D

טוען מפת תלת-ממד…

8 floors · — · 35% built · hover a floor

Area

Country
Georgia
City
Batumi
Neighborhood
Makhinjauri
Address
Tamar Mepe Ave, 62 | Iberia St, 2
To Center
10.7 km · ~24 min
15-Min Living
21+ spots walking
Air & Ecology
AQI 20 · Clean Air

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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.

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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. Construction progress: 35%.

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.

+995 500 333 111WhatsApp

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