Midtown has a B investment grade. Projected rent is about $8,280 a year after taxes and maintenance costs, with simple payback near 11.5 years once letting begins. Gumbati Group has six completed projects, and apartment management is listed. Delivery is indicated for 2026. A nearby school and park add appeal, but rental income starts only after the apartment is ready.
Overview
Midtown by Gumbati Group is a 14-storey residential project in central Batumi, located about 500 meters from the sea. The project includes 57 apartments, commercial spaces on the first floor, and apartment layouts from approximately 53.1 m² to 144.3 m².
Midtown is designed for buyers looking for Batumi real estate close to the beach, 6 May Park, schools, medical services, the Archaeological Museum, and Shota Rustaveli University. The project offers green frame apartments with installed entrance doors, windows, internal partitions, electrical wiring, water and sewage pipes, ventilation, heating pipes, plastered walls, ceiling works, floor screed, gas pipes, and balcony technical points.
The project also includes two Otis elevators, managed common areas, cleaning services, elevator operation, surrounding area maintenance, and security camera infrastructure. Buyers can additionally order interior design services through Gumbati Design.
Midtown is suitable for residential use and conservative long-term investment in Batumi, especially for buyers looking for a compact city project near the Black Sea and everyday urban infrastructure.
Key benefits: 500m to the sea, 14-storey residential building, next to 6 May Park with lake, 3m ceilings.
Location: 99 Vakhtang Gorgasali St, Batumi. Next to 6 May Park, 10 min walk to Batumi Boulevard and beach, near Batumi Plaza, Dolphinarium, Aquarium.
Tech: Monolithic-frame. Brick exterior walls. OTIS elevators. Energy-efficient double-glazed windows.
Amenities: Partially gated courtyard, relaxation area with eco-gazebo, benches, children's playground, guest parking, landscaped grounds with lawns and flowerbeds, 24/7 security cameras.
Units: 2-4-bedroom apartments (53–240 m²). Green frame finish. Open balconies. Some units with large private terraces.
Purchase terms: Mortgage financing available.
Project details
Finish options
Utilities
Infrastructure
Parking
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.
Nearby travel times
Midtown
Batumi, Airport, Vakhtang Gorgasali St, 99
Financing
Bank
TBC Bank
Terms
Mortgage available; down payment from 25%
Provider
Gumbati Group
Terms
Internal installment up to 48 months; down payment from 25%