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AI Investment Summary

Boulevard Point by Gumbati Group is located in Old Batumi and is best viewed as an income-focused option. HomeRadar rates it as a selective investment match, with estimated net yield of 11%. The strongest signal is a stronger developer profile; the key point to check is overall data consistency.

Project is investable but not obvious. Entry price, execution risk or upside should be monitored before increasing exposure.

Final score
SOLD OUT
60
Liquidity
60
Net yield
10.9%
Appreciation potential score
ADR
91 $
Occupancy
60%
Annual net rent
14,906 $
Primary Strategy: Rent Core

Overview

Boulevard Point by Gumbati Group is a 15-storey business apart-hotel project on Batumi’s New Boulevard, located about 300 meters from the Black Sea coast. The project includes 377 apartments in studio, one-bedroom, and two-bedroom formats, with underground and above-ground parking, an isolated territory, and hotel-style services.

Boulevard Point is positioned as an investment-oriented Batumi real estate project with turnkey apartments, complete renovation, furniture, and appliances included. Public materials highlight a starting price from $1,550 per m², 20% initial contribution, internal interest-free installment options, and a projected annual return model.

The project offers resort and business infrastructure, including an outdoor pool, spa center, café, restaurant, yard, coworking area, multifunctional reception, security, concierge, cleaning, laundry / dry cleaning, and apartment rental management. Owners can participate in a managed rental system, while the management company handles rental operations and supports the project infrastructure.

With its New Boulevard location, 300-meter distance to the sea, turnkey format, parking, hotel services, and rental management model, Boulevard Point is suitable for buyers looking for seaside apartments in Batumi, vacation use, and income-oriented real estate investment.

Boulevard Point Key benefits: 300m to the sea. 16-storey aparthotel-style complex. Rooftop terrace with swimming pool and spa. Concierge service.

Location: 1b Zgvispiris St, Batumi. Central district near airport, 300m from beach and Seaside Park, 10 min from airport, 20 min from Europe Square.

Tech: Monolithic-frame. Wood panel accents. Floor-to-ceiling windows. Open glass balconies. Mitsubishi elevators.

Amenities: Rooftop terrace, open-air swimming pool, spa center, bar, cafe, lounge area, garden, children's playground, sports playground, underground parking for 106 cars, surface parking, 24/7 security, CCTV, concierge, reception.

Units: Studios, 1-2-bedroom apartments (24–92.5 m²). Ceilings 3m.

Finishes: green frame or turnkey. Purchase terms: Property management for rental and maintenance.

Project details

Sales status· Sold outConstruction status· CompletedDelivery· 2024Area range· 24-92.5 m²

Utilities

Panoramic glazing
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Location

Airport District: Batumi’s Emerging Growth Area

Located in the southern part of Batumi, around the international airport and close to the New Boulevard, this rapidly developing district is seeing new residential complexes, commercial properties, and urban infrastructure emerge side by side. Buyers are attracted by relatively affordable entry prices and the potential for long-term property value growth as the area continues to develop.

Pros: Convenient transport connections — around 10–15 minutes to central Batumi, depending on traffic, and quick access to the main roads leading towards the Turkish border. The pebble beach is within walking or short driving distance, depending on the property’s exact location. Prices are generally more accessible than in central Batumi, making the area attractive to buyers seeking a modern new-build at a lower entry point. Local markets, shopping facilities, and everyday services are also available nearby.

Cons: Aircraft noise may occasionally be audible, particularly in properties located closer to the airport. Traffic can become heavier during the summer, especially on routes leading towards the Turkish border. The district currently has fewer premium cafés, restaurants, and landscaped parks than central Batumi, although its infrastructure continues to expand.

✅ Who it suits: Investors considering one of Batumi’s developing residential areas; frequent travellers who value proximity to the airport; budget-conscious buyers seeking a modern new-build near the coast without the premium prices of central Batumi; and car owners and business travellers who appreciate convenient road connections.

City
Batumi
District
Airport
Address
Zgvispiris St, 1b
Gumbati Group is a Georgian construction and development company founded in 1998. Public company profiles describe it as one of Batumi’s established developers, with activity spanning residential, commercial, and infrastructure projects and a long operating history in the city. The stronger-scoring projects include Gumbati Residence and Vakhtang Gorgasali St, 128-134, which stand out for their location and investment profile. The portfolio is focused on liquid Batumi locations such as the Khimshiashvili corridor, Old Batumi, and central Batumi. This makes the developer especially relevant for buyers comparing investment potential, liquidity and long-term resale value.
More about the developer

Boulevard Point

Batumi, Airport, Zgvispiris St, 1b

Financing

Mortgage

Bank

TBC Bank

Terms

Mortgage available; down payment from 25%

Installment from developer

Provider

Gumbati Group

Terms

Internal installment up to 48 months; down payment from 25%