Petra Sea Resort
PetraTsikhisdziri
7.02 / 10
AI ranking score · #5 of 14
Schedule and delay evidence
Checked 5 November 2026 · Master-planned resort with multiple phases
No verified postponement
The checked project announcement describes multiple hotel and residential components. A same-phase earlier and revised handover pair was not established. No Delayed label is applied without comparable evidence of postponement.
Why it ranks #5 of 14
- Strongest area: financial terms (8.4 / 10).
- Weakest area: project potential (6.6 / 10).
- Starting price of $1,541 per m² is 48% below the median of all ranked projects ($2,961).
- Completion is planned for Dec 2028.
- Projected return of 8-12% a year, against a median of 10.0% across the ranked projects.
- 50 m from the sea.
Developer score 7/10
Tsikhisdziri: demand 4/10; 50 m to the sea
Project potential rating, Projected ROI, Amenities, Hotel brand, Management company
Down payment, Installment period, Starting price per m², Starting ticket
High confidence1 source-data input is marked as estimates.
Key facts
- Construction
- Under construction
- Completion
- Dec 2028
- Delivery condition
- White Frame (Shell with basic finish)
- Building permit
- Approval unverified
- Zone
- Tsikhisdziri
- Distance to sea
- 50 m
- Floors
- 29
- Total units
- 2,500
- Hotel brand
- Pullman (Accor), planned
- Management
- Valor Hospitality
- Pool
- Yes
- Spa
- Yes
- Restaurants
- Yes
- Parking
- Yes
20% down, 30% in installments over 60 months, 50% at handover
- Down payment
- 20%
- Installments
- 30%
- Installment period
- 60 months
- At handover
- 50%
- Projected return
- 8-12%
- Rental income split
- TS dependent
Approval unverified. A current project-specific construction permit was not independently verified. Construction activity alone does not establish approval.
Construction approval
Reviewed 5 November 2026 · Building-specific approval
Approval unverified
A current project-specific approval document has not been independently verified. Visible construction is not proof of a valid permit, and missing public documentation is not proof that approval was refused.
Where this information comes from
The information about Petra Sea Resort is compiled from the public sources below: developer announcements, official news, property portals and press coverage. Last reviewed 2 November 2026. Prices and terms change often, so check them with the developer before you decide.
- Georgia Today: Petra Sea Resort and Accor agreementNewsgeorgiatoday.ge(opens in a new tab)
- Georgia Today: collaboration with Valor Hospitality PartnersNewsgeorgiatoday.ge(opens in a new tab)
- BM.ge: $236 million complex in TsikhisdziriNewsbm.ge(opens in a new tab)
- Korter: Petra Sea Resort listingListingkorter.ge(opens in a new tab)
- Avezor: Petra Sea ResortListingavezor.ge(opens in a new tab)
- Archello: Petra Sea ResortIndustryarchello.com(opens in a new tab)
Scores use public information and labelled editorial assessments. How the ranking works · Disclaimer
Next to it in the ranking
Petra Sea Resortfrom $40.5K