Mardi Holding develops residential complexes, hotels, commercial spaces, and mixed-use projects in Georgia, especially Batumi, for apartment buyers, hotel guests, investors, and local communities, using its own development platform and branded hospitality partnerships with international operators such as Accor today.
AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.
AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.
AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.
AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.
| Project | Overall | Structure & systems | Management & living |
|---|---|---|---|
| Mardi StadiumNew Batumi, Batumi | 7.0/ 10 | 6.5/ 10 | 7.0/ 10 |
Google Reviews/Maps is the only published aggregate located for the building: 4/5 from 6 reviews, which converts to 7/10. Because the review base is below ten, the score is kept close to the prescribed 6.5 fallback zone; the one negative construction/developer review produces a modest downward adjustment, while the remaining visible reviews are positive. | Not found in sources: No independent engineering review found · No published plumbing performance evidence · No published HVAC performance evidence · No published leak or waterproofing evidence | Not found in sources: No recurring management complaint established · No published security incident found · No published cleanliness complaint found · No published lift or amenity failure found | |
The only direct infrastructure-related review feedback located is the single complaint alleging “плохое качество строительства” (“poor construction quality”), so there is no corroborated recurring structural failure in the published reviews. A property listing describes a concrete foundation and structure, district heating, natural ventilation, and water, sewer and electricity connections, but those are listing specifications rather than resident-condition reviews; the developer’s own page states completion in 2024. | The available reviews emphasize the setting and appearance: one describes an “Excellent spot” opposite the stadium and about 500 metres from the sea, while another says “Görüntüsü çok hoş ama içine girmedim” (“It looks very nice, but I did not go inside”). The building listings describe an indoor pool, jacuzzi, fitness area, sauna, hammam, concierge and lobby, but these are advertised facilities rather than resident ratings; the one negative review alleges an “наплевательский подход” (“careless/indifferent approach”) by the developer. |
### Office Dubai 1102–1104 Bay View Tower Business Bay, Dubai, UAE
### Office Turkey Merkez Mah / Cumhuriyet Cad Eyup Efendi Is Merkezi No: 7/103 Macka / Trabzon
### Office Bahrain mounir@blackswan.one Info@blackswan.one Manama 346 — Road 4654 Building 3232 — Office 131
Cooperation agreements cover branded hotel and serviced-apartment projects in Batumi, including Novotel Living and Mercure.
The company identifies REMAX ZAM as its official partner representing Mardi Holding at the 2026 Real Estate Investment Expo in Kochi.
cooperation agreement with the Georgian development company Mardi Holding
Accor, a world leading hospitality group, announces the signing of a cooperation agreement
Novotel Living Batumi will offer apartment owners additional benefits
our official partner REMAX ZAM will represent Mardi Holding
our official partner REMAX ZAM will represent Mardi Holding
our official partner REMAX ZAM will represent Mardi Holding at the Real Estate Investment Expo 2026 in Kochi
| COMPANY NUMBER | 445402831 LEPL National Agency of Public Registry · GE · FUNCTIONING |
| Georgia | active 10 projects tracked |
| Residential, for sale | 9 of 10 |
| Hotel residences | 2 of 10 |
We have been looking for partners with a progressive approach to the hotel business for a long time to bring Batumi hotel service to a new level.BM.GE September 13, 2022https://bm.ge/en/news/a-new-era-of-investment-mardi-holding-in-collaboration-with-accor-group-plans-to-open-the-first-novotel-living-in-georgia/116374
Irakli Turmanidze holds a degree in International Law, having studied in both the United States and the United Kingdom.
Irakli Turmanidze holds a degree in International Law, having studied in both the United States and the United Kingdom.
Irakli Turmanidze holds a degree in International Law, having studied in both the United States and the United Kingdom.
He commenced his career in the Legal Department of the Georgian Parliament, later leading the Legal Committee's apparatus in the Batumi Parliament.
“We have been looking for partners with a progressive approach to the hotel business for a long time to bring Batumi hotel service to a new level.”
says Irakli Turmanidze, owner of Mardi Holding.
Mardi Holding is a trusted name in Georgia’s luxury real estate sector, offering discerning investors unparalleled opportunities.Mardi Holding 2025-06-11https://mardi.ge/tpost/o3h5xd7lr1-in-conversation-with-hrh-prince-juan-bag
After graduating from high school, he studied Business and Communications at the American University in Madrid.
After graduating from high school, he studied Business and Communications at the American University in Madrid.
As Managing Partner, HRH Prince Juan Bagration-Mukhrani embodies the values and aspirations of Mardi Holding.
H.R.H. Prince Juan (Ioane) Bagration-Mukhrani is the descendant of the royal family of Georgia, Prince Juan is the founder of the Georgian Foundation.
Mardi Holding is a trusted name in Georgia’s luxury real estate sector, offering discerning investors unparalleled opportunities.
As Managing Partner, HRH Prince Juan Bagration-Mukhrani embodies the values and aspirations of Mardi Holding.
Mardi Holding is delighted to launch a world-class serviced apartment project in Batumi in partnership with Accor, a global hotel operator.TravelDailyNews 2023-06-06https://www.traveldailynews.com/hotels-lodging/accor-and-mardi-holding-to-open-novotel-living-batumi-on-the-black-sea-coast-in-georgia/
Managing Partner - Mardi Holding (Current) Jan 2022 - Present
“Mardi Holding is delighted to launch a world-class serviced apartment project in Batumi in partnership with Accor, a global hotel operator.”
Managing Partner - Mardi Holding (Current) Jan 2022 - Present
Managing Partner - Mardi Holding (Current) Jan 2022 - Present
Deputy CEO, COO - Mardi Holding (Current) Jun 2025 - Present
Senior Solo Banker - Bank of Georgia May 2008 - Jun 2025
Deputy CEO, COO - Mardi Holding (Current) Jun 2025 - Present
Deputy CEO, COO - Mardi Holding (Current) Jun 2025 - Present
Master's degree Entrepreneurship/Entrepreneurial Studies at EU Business School
Master's degree Entrepreneurship/Entrepreneurial Studies at EU Business School
Head of Subsidiary Companies at Mardi Holding (construction & development) | Co-Founder: Adjarian Wine House & IMERI Cigars | MBA – Entrepreneurship & Innovation
Head of Subsidiary Companies at Mardi Holding (construction & development)
Co-Founder - Adjarian Wine House (Current) ... Co-founded Adjarian Wine House, a chateau-style winery in Keda, Georgia
Co-Founder Premium Georgian Cigar Brand - LTD IMERI (Current)
Head of Subsidiary Companies - Mardi Holding (Current) Jan 2011 - Present
Head of Subsidiary Companies - Mardi Holding (Current) Jan 2011 - Present ... Managed multiple subsidiary companies as Executive Director at Mardi Holding
The idea came from the demand. Since 50% of our buyers are foreigners we had to match to their needs and convenience.CBW https://cbw.ge/business/georgian-construction-company-start-selling-in-crypto-currency
Chief Financial Officer - Mardi Holding (Current) Feb 2019 - Present
Tamuna Devadze
Audit Manager - FEC - Financial Experts Corporation (Current) Aug 2021 - Present
Previous roles include CFO at JSC MARITIME HOSPITAL
Previous roles include ... Audit Manager at Ministry of Agriculture Republic of Adjara
Previous roles include ... Import sales of medical equipment and chemical products at Sentineli GMG LTD.
"The idea came from the demand. Since 50% of our buyers are foreigners we had to match to their needs and convenience" says Tamar Devadze, the financial analyst of the company.
Chief Financial Officer - Mardi Holding (Current) Feb 2019 - Present
Chief Financial Officer - Mardi Holding (Current) Feb 2019 - Present
0 undated completions and 0 boundary-uncertain completions are retained but excluded from figures.
| Project | Location | Type | Units | Floors | Area | Cost | Payment plan | Launched | Construction start | Original target | Handover | Delay | Confidence | Status |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mardi Stadium | Batumi, Georgia New Batumi | residential for sale, hotel residences | — | 25 | — | — | 30% down, 70% instalments1 | 2022 | 2022 | Dec 2024 | Jan 2024 – Dec 2024 | −5.5 mo (−11.0 to 0.0) | sourced | completed |
| Mardi House on Bagrationi | Batumi, Georgia | residential for sale | 1611 | 24 | — | — | — | — | — | — | Dec 2022 | — | not scorable | completed |
| Mardi Twins | Batumi, Georgia | residential for sale | 1821 | 12 | — | — | 0% installment plan until the end of 2020; down payment is 30%1 | — | — | Aug 2020 | Jan 2021 – Dec 2021 | +10.5 mo (+5.0 to +16.0) | sourced | completed |
| Mardi Bakuriani | Bakuriani, Georgia | hotel residences | 541 | 5 | — | — | — | — | — | — | Jan 2019 – Dec 2019 | — | not scorable | completed |
| Mardi Mont Blanc | Batumi, Georgia Rustaveli | residential for sale | — | 15 | — | — | 30% аванс + оставшаяся сумма — внутренняя беспроцентная рассрочка1 | — | — | — | Jul 2018 – Sep 2018 | — | not scorable | completed |
| Mardi Corner Yard | Batumi, Georgia | residential for sale | 181 | 5 | — | — | — | — | — | — | Jan 2018 – Dec 2018 | — | not scorable | completed |
| Mardi Grand House Batumi | Batumi, Georgia | residential for sale | 1131 | 14 | — | — | 30% initial payment; interest-free installments for 10 months1 | — | — | Sep 2020 | Aug 2017 | dates under review | dates under review | completed |
| Mardi Red Line | Batumi, Georgia | residential for sale | — | 15 | — | — | — | — | — | — | Jul 2017 – Dec 2017 | — | not scorable | completed |
| Mardi Grand House Tbilisi | Tbilisi, Georgia Saburtalo | residential for sale | 751 | 15 | — | — | — | 2014 | IV quarter of 2014 | — | Jan 2017 – Dec 2017 | — | not scorable | completed |
| Mardi Nova House | Batumi, Georgia | residential for sale | — | 13 | — | — | — | — | — | — | Jan 2017 – Dec 2017 | — | not scorable | completed |
| Coverage | active |
| Tracked since | October 10, 2026 |
| Last checked | October 10, 2026 this month |
| Profile last researched | October 10, 2026 |
| Claim |