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AI Investment Summary
64.4
Final score
64.4
60
Liquidity
60
Net yield
13.2%
Capital growth
40.3
ADR
$91
Occupancy
61%
Annual net rent
$15,154
Primary Strategy: Rent Core

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

Sales status· AvailableClass· Mixed useDelivery· Q2 2030Area range· 28.8-93.6 m²
Layouts216
Price
$70,272-$281,736
Area
28-94 m²
Layout type
Sort
Status
Plan A 1103
Apartment A 1103Unavailable

$70,272

28.8 m²Floor 11Studio1 bathroom
Plan A 1104

$70,272

28.8 m²Floor 11Studio1 bathroom
Plan A 1105
Apartment A 1105Unavailable

$70,272

28.8 m²Floor 11Studio1 bathroom
Plan A 1106

$70,272

28.8 m²Floor 11Studio1 bathroom
Plan A 1107

$70,272

28.8 m²Floor 11Studio1 bathroom
Plan A 1108

$70,272

28.8 m²Floor 11Studio1 bathroom
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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
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
$54,000
Price per m²
$1,870 / 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%