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02 04.2026
On April 2, a signing ceremony was held at The Grand for a cooperation agreement between Sea Breeze and Raffle Group, together with Accor Group, for the development of the Swissôtel & Raffle Residences project at Sea Breeze. The agreement was signed by founder and owner of Sea Breeze Emin Agalarov, co-owner of Raffle Group, premium real estate developer, Rafail Nuri, and Vice President of Development at Accor Group Philippe Bone.
The project is a 13-storey residential complex designed by Melike Altınışık Architects (MAA), with an architectural concept inspired by the rhythm of the Caspian Sea waves and winds. It will feature 458 residences ranging from 45 to 309 sq. m. All apartments will be delivered fully finished and equipped with kitchen fittings for the convenience of future owners. Corner residences will offer enhanced features, including private terraces with jacuzzis. With its high-quality execution and architectural value, the project is well suited both for residential living and investment purposes.
The complex will operate under Swissôtel standards, offering residents premium services including a 24-hour reception, concierge services, housekeeping, and a personalized approach to each resident’s needs. Adjacent to the residences, a new Swissôtel hotel will be developed, offering 150 guest rooms and bringing the brand’s renowned Swiss standard of service to the resort city.
The infrastructure will include fitness and spa facilities, indoor and outdoor swimming pools, underground and surface parking, as well as premium restaurants, boutiques, and a private beach with direct access to the sea.
The opening of the hotel and residences, located near the Casino, HalfMoon, and Dream Arena concert hall, is scheduled for mid-2029.
Raffle Group is a premium real estate development company founded in 2018. The company focuses on high-quality residential projects, including both urban and resort developments, and aims to create a modern architectural and investment environment in Azerbaijan.