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AI Investment Summary
Final score
Not enough data for an accurate score
60
Liquidity
60
Net yield
2.7%
Capital growth
19.3
ADR
$91
Occupancy
61%
Annual net rent
$15,154
Primary Strategy: Balanced

Overview

Key benefits: 100m to the sea (first line). 19-storey residential tower (ten entrances). Indoor pool and fitness center. Natural granite entrance finishes.

Location: 1 Sherif Khimshiashvili St, Batumi. Prestigious area near E70 highway, 3 km from airport.

Tech: Monolithic-frame. Tinted glass facade. Digital silent elevators. Energy-saving technologies.

Amenities: Commercial areas on ground floor, landscaped courtyard, indoor pool, fitness center, cafes, shops, guest parking, security, CCTV.

Units: Studios, 1-4-bedroom apartments (49.5–400 m²). Turnkey finish.

Purchase terms: Installment plans.

Project details

Sales status· Sold outArea range· 49.5-400 m²

Finish options

Turnkey

Construction technology

Monolithic frame

Utilities

ElectricityWaterSewerageGas

Elevators

Yes

Infrastructure

Commercial areasChildren's playgroundSports groundLandscaped yardSwimming poolFitness centerCafe

Security & Safety

Closed territorySecurity

Parking

Guest
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
Sherif Khimshiashvili St, 1
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

Subtropic City

Batumi, Downtown, Sherif Khimshiashvili St, 1

Price from
$122,166
Price per m²
$2,468 / 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%