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AI Investment Summary

Strada carries a C investment grade. The model estimates about $5,520 a year in rent after taxes and maintenance costs, with simple payback around 16 years once letting begins. Gumbati Group has six completed projects. The shore and a school are close, but delivery is planned for Q2 2030. That long wait matters when judging the investment.

66.8
Final score
66.8
60
Liquidity
60
Net yield
7.4%
Appreciation potential score
44/100
Exit score
47.6/100
Investment grade
B
ADR
46 $
Occupancy
61%
Annual net rent
5,524 $
Primary Strategy: Balanced

Overview

Strada by Gumbati Group is a 31-storey mixed-use residential and hotel-apartment project in the heart of Batumi. The project is designed for both living and investment, combining residential apartments, hotel-style units, modern architecture, and a multifunctional urban concept.

Strada is positioned as a premium investment-oriented project in Batumi real estate, with apartment formats ranging from compact studios to one-bedroom and two-bedroom layouts. Public project materials highlight contemporary design, comfort, functionality, environmental sustainability, energy efficiency, large windows, spacious balconies, and views towards the Black Sea.

Apartments are offered in near-completion / premium frame condition and fully completed condition, giving buyers flexibility between finishing the apartment independently or choosing a more ready-to-use format. With its central Batumi location, mixed-use concept, hotel-apartment component, and investment positioning, Strada is suitable for buyers looking for urban living, rental potential, or long-term real estate investment near the Black Sea.

Strada Key benefits: Beachfront location on New Boulevard. 31-storey residential tower. Reception and concierge service. Kone, Mitsubishi, Otis elevators.

Location: 43 Sherif Khimshiashvili St, Batumi. New Boulevard district, near Lech and Maria Kaczynski Park, Lake Ardagani, Metro City Mall, 4 km from airport.

Tech: Monolithic-frame. Curved 31-storey tower. Ventilated facades. Panoramic windows. Open balconies.

Amenities: Landscaped courtyard, children's playground, recreation areas with canopies and benches, commercial spaces on lower levels, underground parking, 24/7 video surveillance, reception, concierge.

Units: Studios, 1-3-bedroom apartments (28.8–93.6 m²). Premium frame finish.

Purchase terms: Mortgage from TBC Bank.

Project details

Construction status· PlannedClass· Mixed useDelivery· Q2 2029Area range· 28.8-93.6 m²

Infrastructure

Children's playground

Parking

Parking Spaces
Layouts108Last update: Oct 17, 2026
Price
70,272 $-374,400 $
Area
28-112 m²
Layout type
Sort
Status
Layout preview

73,000 $

29.2 m²Floor 5Studio1 bathroom
Layout preview

73,000 $

29.2 m²Floor 5Studio1 bathroom
Layout preview

73,000 $

29.2 m²Floor 5Studio1 bathroom
Layout preview

73,000 $

29.2 m²Floor 5Studio1 bathroom
Layout preview

73,000 $

29.2 m²Floor 5Studio1 bathroom
Layout preview

73,000 $

29.2 m²Floor 5Studio1 bathroom
Location

Khimshiashvili District: Authentic Seaside Living at Accessible Prices

Located between Batumi’s Old Town and New Boulevard, Khimshiashvili is a calm, well-established neighbourhood with a genuine local character. Away from the busiest tourist areas, it is known for its open-air markets, family-run cafés serving local cuisine, public schools and convenient access to everyday services.

Pros: Proximity to the sea, with the beach within walking distance from many parts of the neighbourhood; a peaceful, unhurried residential atmosphere; fresh produce at accessible prices in local markets; and generally more affordable property options than in Batumi’s premium resort districts.

Cons: Much of the area consists of older apartment buildings and private houses, with fewer modern residential developments. The choice of leisure and resort-style amenities is also more limited, as this is primarily a residential neighbourhood rather than a tourist district.

✅ Who it suits: Local residents and international buyers looking for their first home in Georgia at a reasonable price; practical buyers who want to live within walking distance of the sea without paying a premium for a resort location; and families with school-aged children who value access to nearby schools and kindergartens.

City
Batumi
District
Khimshiashvili
Address
Sherif Khimshiashvili st. 43

Nearby travel times

Walk to sea
3 min
Walk to park
3 min
Walk to school
3 min
Nearest major mall
Grand Mall
Drive to mall
1 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

Strada

Batumi, Khimshiashvili, Sherif Khimshiashvili st. 43

Price from
73,000 $
Price per m²
2,380 $ / 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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