Anchor tower of the 84-hectare Ambassador Island masterplan. Developed by Ambassador Group (original landowner) with Eve Capital Group. Architecture by MOA Group, engineering by Yüksel Proje, interiors by D73 (Italy), masterplan by Arup.
Ambassador Island is the first artificial island ever built on the Black Sea — an 84-hectare landmass rising from the water 600 metres offshore from central Batumi. Conceived not as a single building but as a complete smart-city district, it is organised into three functional zones: a central marina and twin-tower core, gated villa neighbourhoods with direct sea access, and multifunctional peninsulas hosting hospitality, education, and retail. Recreation zones cover 49% of the total area, including a 9-hectare forest park, 3.2 km of pedestrian trails, and a white-sand beach.
The First Tower is developed and delivered by Ambassador Group — Georgia's leading luxury hospitality operator since 2004, responsible for the Ambassadori hotel collection across Tbilisi, Batumi, and Kazbegi. The tower stands 216 metres across 57 floors and serves as the architectural anchor of the island's central zone, offering 1,425 fully managed branded residences with D73 Milano interiors.
The island expects 50,000 daily visitors at full capacity, served by a sustainable mobility network of electric buses, water taxis, and a dedicated causeway. An independent Colliers International study projects 16% annual USD returns on a 7-year hold from 2025 to 2032 — among the highest risk-adjusted real estate yields available in the EMEA region.
Every figure independently verified. Twelve data points that define the most significant address on the Black Sea.
Ambassador Island sits along the E70 coastal axis — the spine of Batumi's master urban development plan — placing it at the convergence of the city's commercial, hospitality, and cultural corridors. The island causeway connects directly to the waterfront boulevard and the emerging marina district, designed to accommodate 50,000 daily visitors at full capacity.
Sustainable mobility infrastructure serves the island exclusively: an electric bus route from Batumi Central, a water taxi network linking the island marina to Old Boulevard and the airport ferry terminal, and a dedicated bicycle network integrated into the 3.2 km island perimeter trail. The island is car-free beyond the arrival zone, creating an environment unlike anything else in the Black Sea region.
Floor-to-ceiling glazing across all 1,425 residences frames four distinct panoramic compositions — sea horizon, city skyline, island interior, and mountain range. No orientation is obstructed. No view can be built out. The island's isolation guarantees that permanently.
Ambassador Island is not a residential compound — it is a complete urban district designed from first principles, built on reclaimed land in the Black Sea and connected to Batumi by a dedicated causeway. The masterplan, led by Arup, integrates residential towers, villas, hospitality, healthcare, education, retail, and marine infrastructure into a single cohesive environment. At full buildout, the island will operate as an autonomous, zero-carbon urban node — one of only a handful of purpose-built smart islands in the world.
The First Tower is designed by SHoP Architects (New York), with structural engineering by MOA Group and interiors by D73 Milano. The structural system uses monolithic concrete with deep pile foundations drilled to the Black Sea seabed — engineered not for a single generation but for a century of coastal exposure.
Tunnel-formwork casting technology accelerates the build programme while delivering a shell tolerance of under 3mm per floor — a standard typical of only the world's most demanding high-rise residential programmes. The result is a tower that is as precise on the inside as it is dramatic from the sea.
"The First Tower is the architectural anchor of the island — engineered as a permanent landmark, not a fashionable silhouette."
A development at the intersection of architecture, marine engineering, and the Black Sea.
Ambassador Island operates as a self-contained district. Residents have access to both island-wide facilities — shared across all developments — and First Tower exclusive amenities reserved for owners and their guests.
Ambassador Island is a masterplan — not a single project. Two distinct residential developments are currently being offered to international investors, each by a different developer, but sharing the same masterplan benefits: the same island, the same beach, the same marina, and the same 84-hectare infrastructure.
Ambassador Island combines pre-construction pricing, institutional-grade masterplanning, and an internationally published investment strategy. Six converging factors create a compounding return profile unavailable in any comparable Black Sea development.
Modelled on a single 37.2 m² studio purchased in 2025 at $112,679 ($3,029/m²). Two strategies are presented — long-term capital appreciation combined with managed rental, and short-term professional rental from handover.
| Parameter | Value |
|---|---|
| Initial investment (2025) | $112,679 |
| Strategy duration | 7 years |
| Resale profit (capital appreciation) | $97,000 |
| Net rental income (4 years from 2029) | $40,000 |
| Projected monthly rent (2029) | $970 |
| Total strategy profit | $137,000 |
| Parameter | Value |
|---|---|
| Projected annual net income | $14,000 – $21,000 |
| Management fee | 40% |
| Platform listing fees | 20% |
| Maintenance fee | $2 / m² / month |
| Rental tax | 5% |
Includes 5% annual rental inflation and a 10% location premium for the island's unique features. All figures indicative based on Colliers International modelling and developer projections. Not financial advice.
The First Tower offers a comprehensive residence collection — from compact studios for short-term rental, through upper-floor duplexes for principal residence. Floor-to-ceiling glazing, hotel-grade finishing, integrated kitchens, white-goods package, climate control, and high-speed internet are standard across all typologies.
25 apartments per typical floor. Floors 28 and 56 are dedicated to services. Commercial spaces sit on GL and GI levels with 4.5 m ceilings. Request detailed CAD drawings and sun-path analysis for any specific unit through Covalent Bond.
A selection of currently-available units across the typology range. Pricing starts from $2,800/m² and is subject to floor premium and view orientation. Final unit-level pricing is confirmed in writing upon reservation.
Ambassador Group offers a developer-structured payment plan designed for phased capital deployment from reservation through to delivery — with no interest charged on the installment period.
Covalent Bond operates as a structured investment management intermediary. Our role is to ensure you invest correctly — from unit selection through to delivery, management, and exit. We do not earn commissions that conflict with your interests.
Receive the full project prospectus, Colliers investment strategy, indicative pricing, floor plan selection, and current availability across the First Tower and the Lamborghini Tower. Reserved for qualified investors.
Covalent Bond acts as an investment advisory intermediary. All pricing and availability subject to confirmation. Investing in real estate involves risk; this page is for informational purposes only and does not constitute financial advice.