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AI Investment Summary

Gumbati in Kheivani has a B investment grade. Projected rent is about $5,280 a year after taxes and maintenance costs, with renovation included in simple payback near 11 years. The building is complete and available to inspect; Gumbati Group has six completed projects. A nearby park and school help its everyday appeal, while the shore is a longer walk than from coastal developments.

73
Final score
73
50
Liquidity
50
Net yield
9.1%
Appreciation potential score
54.5/100
Exit score
34.7/100
Investment grade
B
ADR
39 $
Occupancy
57%
Annual net rent
5,281 $
Primary Strategy: Rent Core

Overview

Key benefits: 1230m to the sea. Three towers (19-23 floors). Green courtyard (3000 m²). Otis elevators.

Location: 129 Petre Bagrationi St, Batumi. Intersection of Bagrationi Street and Heroes Alley, 4 km from airport.

Tech: Monolithic-frame.

Amenities: Commercial areas, closed territory, green courtyard (3000 m²), children's playground, sports grounds, underground parking for 28 cars, open parking, security, CCTV. Units: Studios, 1-4-bedroom apartments (24.9–114.8 m²).

Finishes: white frame or fully renovated with furniture.

Purchase terms: Interest-free installment with 0-30% down.

Project details

Construction status· CompletedDelivery· 2021Area range· 24.9-114.8 m²

Finish options

Black frame

Construction technology

Monolithic frame

Utilities

ElectricityWaterSewerageGas

Elevators

Yes

Infrastructure

Commercial areasChildren's playground

Security & Safety

Closed territorySecurityCCTV

Parking

Ground level
Layouts
Layouts are not published for this project yet.
Location

Heroes Alley District: Batumi’s Modern Residential and Business Center

Heroes Alley is one of Batumi’s most rapidly developing central areas, centered around Zhiuli Shartava Avenue and the surrounding streets. The area features modern high-rise residential complexes, commercial spaces, sports facilities, and other urban amenities. Located between Batumi’s historic center and the southern part of the city, the district combines convenient access to the seafront with well-developed urban infrastructure.

Advantages: modern development and a wide selection of new residential complexes; a convenient location in relation to the city center, New Boulevard, and major urban roads; shops, supermarkets, cafés, schools, and other everyday services are located nearby. The district is also home to a major football stadium, while the seafront and beach are within walking distance from many parts of the area. Heroes Alley is developing as a business and commercial hub as well, helping maintain activity throughout the year rather than only during the summer season.

What to consider: the area is still undergoing active development, so construction work may be taking place near some residential complexes. Main roads can experience heavier traffic and increased noise levels during peak hours. The density of high-rise development is gradually increasing, so buyers should consider the location of neighboring and planned projects, as these may affect future views from an apartment.

✅ Who it suits: buyers who want to live in a modern part of Batumi close to the city center and the sea; investors considering property for long-term or short-term rental; families and professionals who value well-developed urban infrastructure; and buyers who prefer new residential complexes in a rapidly developing part of the city.

City
Batumi
District
Heroes Alley
Address
Petre Bagrationi St, 129

Nearby travel times

Walk to sea
26 min
Walk to park
3 min
Walk to school
7 min
Nearest major mall
Metro City Forum AVM
Drive to mall
4 min
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

Gumbati in Kheivani

Batumi, Heroes Alley, Petre Bagrationi St, 129

Price from
40,000 $
Price per m²
1,556 $ / m²

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%

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