Sea Breeze and Raffle Group, together with Accor Group, sign cooperation agreement [PHOTOS]
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 the founder and owner of Sea Breeze, Emin Agalarov, co-owner of Raffle Group, a premium real estate developer, Rafail Nuri, and the Vice President of Development at Accor Group, Philippe Bone, AzerNEWS reports.
“Today marks another important milestone for Sea Breeze with the signing of an agreement for the development of the Swissôtel hotel and Raffle Residences. Construction of the complex with a unique architecture, located next to the future Casino, is set to begin in the near future. I am confident that this project will become one of the landmark developments at Sea Breeze,” said Emin Agalarov, founder and owner of Sea Breeze.
“We are pleased to collaborate with Sea Breeze and look forward to successfully delivering this project by 2029. This is an important step in the growth of our company, and we are grateful to Emin Agalarov for his support,” noted Rafail Nuri, co-owner of Raffle Group.
“Accor has long been present in Azerbaijan, where our brands continue to see strong demand. Our strategy focuses on further expansion not only in the capital but also in resort destinations. This agreement marks the entry of Swissôtel into the Azerbaijani market. The brand is already well established in several regional capitals, demonstrating consistent performance and strong interest from developers. This move marks an important step in the brand’s continued growth,” commented Philippe Bone, Vice President of Development at Accor.
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.
This year, Sea Breeze celebrates its 20th anniversary. Over this time, the project has gone from being an idea for a resort village on the Caspian Sea coast to one of the largest private development and lifestyle projects on the European continent. Today, Sea Breeze is a place where architecture, infrastructure, nature, technology, and culture work together as a single system.
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