RUSTAVELI PROPERTIES
Tower developer

Diamond Group: Batumi residential towers

Diamond operates the Batumi residential tower segment with accessible tickets and clearly investor-oriented programmes.

Main city
Batumi
Founded in
2014
Projects
7
Delivered units
2 500
Under construction
1 500

History

Active since 2014, Diamond delivered several towers in central Batumi and New Boulevard. Rapid growth driven by Turkish, Israeli and ex-USSR clients.

Leadership

  • Diamond Group leadership
    Executive committee

Financial health

Private structure, Batumi exposure. Classic pre-sale model. Verify site progress before each payment.

Reputation

Average-to-good reviews depending on the project. Delivered finishes are in Batumi standards. Basic after-sales.

Pros

  • +Accessible ticket for central Batumi
  • +New Boulevard locations
  • +International network

Cons

  • Limited after-sales
  • Tower density
  • Standard finish quality

Frequently asked questions

+Does Diamond Group deliver projects on time?

Diamond Group has a delivery record broadly in line with announced schedules, with occasional 3-to-9-month delays on specific projects. We always verify permit status, site progress and financial health before any reservation.

+Can I buy from Diamond Group remotely?

Yes. Reservation is signed via notarised power of attorney from your country. International wire is standard and our team handles the Public Registry filing without requiring your travel to Georgia.

+What warranty does Diamond Group offer?

The Georgian statutory builder warranty applies (10-year structural, 2-year finishes). Diamond Group typically adds a dedicated after-sales service for foreign buyers, with English and Russian support.

+Can I finance a purchase from Diamond Group with a Georgian bank?

TBC Bank and Bank of Georgia lend to non-residents with 30-40% down payment, indicative USD rate 8-11%. Diamond Group also offers in-house payment plans over 12-36 months, interest-free during construction.

+Does Diamond Group offer a rental management service?

On aparthotel and select premium projects, in-house or delegated rental management is offered at 20-25% fees. On purely residential projects, an external operator is required.

Independent profile written from public sources (Georgian Public Registry, developer reports, industry press) and our own field experience. Not sponsored by the developer named.

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