Cover Image: The Ritz-Carlton Baku, Zagulba. Courtesy of Marriott International
- PASHA Real Estate Group and Marriott International have signed an agreement covering three new hotel and residential developments across Azerbaijan and Georgia.
- The agreement includes The Ritz-Carlton Baku, Zagulba and The Ritz-Carlton Residences, Baku, Zagulba, bringing a new luxury beachfront development to the Caspian Sea.
- The Zagulba project is expected to feature 282 branded residences, comprising luxury apartments and villas alongside dedicated residential amenities and private beach access.
The Ritz-Carlton Baku, Zagulba and The Ritz-Carlton Residences, Baku, Zagulba
The development will bring The Ritz-Carlton brand to Zagulba Beach, a sought-after coastal destination north of Baku on the Caspian Sea.
The Ritz-Carlton Baku, Zagulba is planned as an 80-key beachfront resort featuring guest rooms and suites, alongside a selection of dining venues and amenities including an indoor swimming pool, fitness centre, spa, beach club and The Ritz-Carlton Club Lounge.
“As a company, we are committed to shaping destinations that contribute to the long-term growth and attractiveness of Azerbaijan and the wider region,” said Ozgur Geter, Chief Executive Officer of PASHA Real Estate Group. “These projects reflect our vision to deliver world-class hospitality and luxury living experiences that meet evolving consumer expectations while creating lasting value for our communities and stakeholders.
Our relationship with Marriott has been built on a shared commitment to excellence, innovation and exceptional guest experiences, and we are proud to expand that collaboration through the introduction of new landmark developments under some of the world’s most renowned brands.”
The Ritz-Carlton Residences, Baku, Zagulba
Alongside the hotel, The Ritz-Carlton Residences, Baku, Zagulba will offer 282 luxury apartments and villas for sale, providing residents with a private home supported by the service standards associated with The Ritz-Carlton name, which is synonymous with distinction and service excellence worldwide.
The residential experience is expected to centre on personalised service and convenience, with dedicated residential staff and concierge support helping residents arrange services, experiences and day-to-day requests.
Across The Ritz-Carlton residential portfolio, this approach is built around anticipating residents’ needs and providing a highly personalised level of service, alongside access to luxury amenities and lifestyle facilities.
At Zagulba, the planned residential amenities include a clubhouse, fitness centre, swimming pool, kids’ club, cinema and private beach access, creating a resort-style environment for both permanent and part-time residents.
The combination of private residences, beachfront facilities and hospitality-led services is intended to provide the convenience of a professionally managed home with access to the lifestyle and experiences associated with a luxury resort.
Ownership at The Ritz-Carlton Residences, Baku, Zagulba is also expected to extend beyond the residence itself, with owners benefiting from the wider lifestyle and hospitality services associated with Marriott branded residences, including VIP benefits through ONVIA, Marriott’s fully integrated owner recognition platform.

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