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AI Investment Summary
Final score
Not enough data for an accurate score
60
Liquidity
60
Net yield
3.7%
Capital growth
33.2
ADR
$91
Occupancy
39%
Annual net rent
$9,689
Primary Strategy: Balanced

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

Sales status· AvailableDelivery· 2026Area range· 53-240 m²

Finish options

Green frame

Utilities

Panoramic glazing
Layouts
Layouts are not published for this project yet.
Location

Downtown Batumi: Where Modern Resort Living Meets Smart Investment

This district stretches along Batumi’s waterfront promenade, beginning near the Batumi Lighthouse. It is defined by sleek glass-and-steel architecture, European-style pedestrian boulevards, cycle paths, and a wide selection of beachfront cafés and restaurants. This is one of the city’s most sought-after locations for purchasing studios and apartments for rental income.

Pros: Panoramic sea views from many apartments, particularly on the upper floors; modern residential complexes with swimming pools, gyms, and concierge services; one of the city’s most popular and well-developed promenades; and strong tourist demand, especially during the main travel season.

Cons: Some of the highest property prices in Batumi; relatively dense development, with buildings often located close together; windy conditions during the winter months; and possible elevator waiting times in larger complexes during the peak summer season.

Who it suits: Medium- and long-term investors focused on rental income and property value growth; international digital nomads and remote professionals who value modern amenities; and buyers who appreciate contemporary architecture, rooftop terraces, resort-style facilities, and the energy of a vibrant waterfront community.

City
Batumi
District
Downtown
Address
Vakhtang Gorgasali St, 99
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

Midtown

Batumi, Downtown, Vakhtang Gorgasali St, 99

Price from
$95,400
Price per m²
$1,800 / 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%