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Bana

Batumi
Tamar Mepe Ave, 62 | Iberia St, 2
2 houses are under construction, next delivery in Q4 2027 
Price per m2
from $‍1,200
$‍1,500
$
Vladislav Sikorskiy
Vladislav Sikorskiy
Korter Real Estate Consultant
Korter consultant

Layouts and prices for Bana

Prices and availability are up to date as of 26 March 2026
Report inaccuracies
Finishing options: green frame, turn key
31.4 – 37.7 m2
from $‍37,680
from $‍1,200 per m2
47.3 – 63.6 m2
from $‍56,760
from $‍1,200 per m2
62.6 m2
from $‍75,120
from $‍1,200 per m2

Bana on the map of Batumi

Tamar Mepe Ave, 62 | Iberia St, 2

Project houses

Total 2 houses
Iberia St, 2
Block A
12 floors
Under construction
Completion in Q4 2027
Iberia St, 2
Block B
12 floors
Under construction
Completion in Q4 2027
Coming soon

Construction progress Bana

We take photos of complex from same spots, to show real status and dynamics of development.

The latest update — February 2026

Construction progress Bana - Spot 1, February 2026
Spot 1
August 2022February 2026
Construction progress Bana - Spot 2, February 2026
Spot 2
July 2022February 2026
Construction progress Bana - Spot 3, February 2026
Spot 3
July 2022February 2026
Construction progress Bana - Spot 4, February 2026
Spot 4
July 2023February 2026
Construction progress Bana - Spot 5, February 2026
Spot 5
April 2024February 2026
Construction progress Bana - Spot 6, February 2026
Spot 6
October 2022February 2026

Installment in Bana

30%
down
payment
up to 1 year 6 month
loan
term

Mortgage in Bana

Please note that all calculations provided are approximate. For the final figures, we recommend consulting with both the bank and the developer
Studio
2
3
GEL
USD
You borrow $‍48,246 from the bank
years
months
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
4 237
monthly payment, a life/property insurance fee is added to the monthly
payment
The provided Nominal and Effect Interest Rates represent the minimum credit facility amount. The actual values will be specified at the time of credit approval. The interest rate given in the table is linked to the public index — Term SOFR.

Project characteristics

🟧 Number of buildings2
🟧 Number of floors12
🟧 Construction technologymonolithic-frame
🟧 Distance to the seaside20 m
🟧 Cadastral number05.34.29.018
🟧 Elevatoryes
🟧 Infrastructureswimming pool, private beach, open and closed playgrounds, recreation areas, co-working area, spa, fitness centre, restaurant areas, rooftop terrace, sky-bar
🟧 Parkingunderground parking
🟧 Security & Safetyrecepcion, concierge
🟧 Apartment renovationgreen frame, turn key
🟧 Apartments area28–67 m2
🟧 Number of apartments155
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Information 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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This project is also called Bana, Mardi Evergreen, Novotel Living.

Which apartments are available for sale in Bana in Batumi?

For sale are studios, 2-room, 3-room.

How much does a m² cost in Bana?

The price per m² in this complex starts from $‍1,200.

How to buy an apartment in Bana in Batumi?

In this complex you can buy apartments with a Mortgage from TBC Bank, an Installment terms .

When will Bana be commissioned?

Block A, Block B – completion in Q4 2027.