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AI Investment Summary
58.3
Final score
58.3
50
Liquidity
50
Net yield
29%
Capital growth
18.9
ADR
$74
Occupancy
57%
Annual net rent
$11,586
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

Sales status· Sold outArea range· 24.9-114.8 m²

Finish options

Black frame

Construction technology

Monolithic frame

Utilities

ElectricityWaterSewerageGas

Elevators

Yes

Infrastructure

Commercial areas

Security & Safety

Closed territorySecurityCCTV

Parking

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

Chaobi District: Batumi’s Dynamic Business and Transport Hub

This area stretches along one of Batumi’s main thoroughfares, running from the city centre toward the bypass road and the city’s outer districts. It is home to numerous offices, banks, major shopping centres such as Metro City and Goodwill, government institutions, and a wide range of everyday services. The district offers a vibrant, fast-paced urban lifestyle with convenient access to business and daily infrastructure.

Pros: Well-developed local infrastructure, including supermarkets, pharmacies, clinics, banks and schools nearby; convenient access to the main highway and bypass road; modern business centres; and panoramic views of the city, sea and mountains from many upper-floor properties.

Cons: Traffic noise and traffic-related air pollution may be noticeable along the busiest roads, particularly during peak hours. The beach is typically around 5–10 minutes away by car, depending on the property’s exact location and traffic conditions.

Who it suits: Business professionals and remote workers who value proximity to offices and co-working spaces; families looking for schools, clinics and everyday amenities within easy reach; and buyers who regularly use a car and appreciate convenient transport connections.

City
Batumi
District
Chaobi
Address
Petre Bagrationi St, 129
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, Chaobi, 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%