On this page
- Gumbati Group Georgia: who the developer is and what it builds
- Gumbati Group Georgia at a glance
- Company, ownership and group behind Gumbati Group Georgia
- Gumbati Group Georgia projects we list, grouped by area
- Gumbati Group Georgia portfolio and track record
- How buying works with Gumbati Group Georgia
- Ownership route, registration, tax and residence rules for Gumbati Group Georgia buyers
- Batumi and Gonio, the towns where Gumbati Group Georgia builds
- Key facts about Gumbati Group Georgia
- Gumbati Group Georgia and other Georgia developers on our site
- What to prepare when reserving with Gumbati Group Georgia
- Frequently Asked Questions
Projects by Gumbati Group on UInvest
Gumbati Portline Batumi: 6 of 300 Flats Open, Guide (2026)
Old Batumi, Batumi, Georgia Details
Gumbati Boulevard Point Batumi: Aparthotel Guide (2026)
New Boulevard, Batumi, Georgia Details
Gumbati Strada Batumi: Prices and Sources Guide (2026)
New Boulevard, Batumi, Georgia DetailsGumbati Group Georgia: who the developer is and what it builds
Gumbati Group Georgia is the name we use for Gumbati Group, a construction and development company that works on the Black Sea coast of Georgia, in Batumi, Gonio and Kvariati. According to the developer’s own About page, the company was established in 1998, started with reconstruction and repair work, moved on to high-rise residential buildings, became involved in real estate development in 2005 and began offering hotel-type services inside its residential properties in 2019. The legal entity named on its privacy policy is Gumbati Group LLC. That history, the current list of projects and the way a purchase is handled are the reasons Gumbati Group Georgia has its own profile in our developers section.
The developer’s project list on gumbati.ge holds 15 entries: five current projects and ten entries marked as completed. We list all five current projects on our site, and every one of them is in Batumi: Strada, Midtown, Boulevard Point and Portline in the city itself, and Montemar in the Gonio district at the southern end of the city boundary. The completed entries are covered in the portfolio section of this profile, as the developer’s site names them.
This profile of Gumbati Group Georgia follows the order in which a buyer usually asks questions. It starts with the company and a table of key facts, then moves through the projects, a chronology taken from the developer’s own pages, the way a purchase from a developer is handled in Georgia, the ownership route, registration, tax and residence-permit rules that our guides set out, the towns where the company builds, a short list of key facts, a comparison table with other developers we profile, a reservation checklist and a set of frequently asked questions. Everything was read on 13 November 2026 on gumbati.ge and on the public sources listed at the end. Where the developer states something, we say so. Prices are shown in US dollars exactly as the developer prints them, and we do not convert them. For the wider market, see our Georgia country page, our Batumi city guide and the Real estate developers in Georgia hub.
Gumbati Group Georgia at a glance
| Item | Detail |
|---|---|
| Company | Gumbati Group, a development and construction company |
| Founded (per the developer) | 1998, according to the About page; real estate development from 2005 |
| Head office | Batumi, Georgia |
| Legal entity named | Gumbati Group LLC, as named in the privacy policy on gumbati.ge |
| Quality standard (per the developer) | ISO 9001-2015 certification in quality management, as stated on the About page |
| Company figures on the home page | 15+ development projects, 26+ years of experience, 300+ employees |
| Georgia projects we list | 5 current projects: four in Batumi city and one in Gonio |
| Unit types | Studios, one-bedroom and two-bedroom apartments, with hotel-type and residential units |
| Prices | Published in USD; project pages print entry prices from USD 61,320 (Strada) to USD 121,777 (Boulevard Point studio) |
| In-house services | Gumbati Design (interior design), Gumbati Art (renovation and amenities), apartment management |
| Website | gumbati.ge |
Company, ownership and group behind Gumbati Group Georgia
The developer’s About page says that the development and construction company Gumbati was established in 1998 and that it first worked on reconstruction and repair. It later built high-rise residential complexes and, in the page’s words, became deeply involved in real estate development in 2005. The home page repeats the 2005 start of the development business and adds that the company introduced hotel-style services in its apartment complexes. The About page dates those services to 2019 and the start of construction of hotel-type apartments in Georgia to 2020. The same page states that the company holds ISO 9001-2015 certification in quality management. The home page statistics block shows 15+ development projects, 26+ years of experience and 300+ employees, which are the developer’s own figures.
The company’s legal name appears in the privacy policy, which defines the company as Gumbati Group LLC. A buyer who signs a reservation form or a sale contract should read which legal entity is named as seller in that document, because the seller named in the contract is the party that receives the payments and transfers the apartment. In this profile we treat Gumbati Group Georgia as one developer and use the project names exactly as gumbati.ge prints them: Strada, Montemar, Midtown, Boulevard Point and Portline by Gumbati.
Besides the property developer, the site presents two in-house service teams. Gumbati Design is described as a team of interior designers that plans space, selects materials and matches furniture and lighting. Gumbati Art is described as the team that carries out renovation and enhancement work and, according to its page, also offers detached-house construction services from land measurement to final repairs. A third area is apartment management, which the apart-hotel page describes: the company says it launched hotel-type services in 2019 and that two facilities of the project Gumbati Apartotel are operating in Batumi. The developer’s FAQ lists the services it provides in its complexes: lighting and cleaning of common areas, operation and cleaning of elevators, video surveillance, 24/7 security, apartment management, concierge, administration, cleaning, and laundry and dry cleaning.
The home page also lists two sales partners by market: Davidson Real Estate for the Israeli market and Aries Estates for the Indian market. Shareholders and the names of individual managers are not stated on the pages we read, so this profile names none.
Gumbati Group Georgia projects we list, grouped by area
The five projects below are grouped by the area the developer gives. Unit counts, sizes, entry prices and amenities are the figures printed on the developer’s project pages on 13 November 2026, and each project name links to our listing. A price shown as “from” is an entry figure printed by the developer, so it describes a starting point and not a fixed offer; the price that applies to a given apartment is the one written in its sale contract. Where a project page prints no delivery date, we do not give one, and the delivery date for a unit is the date written in its sale contract.
Batumi city: Strada, Midtown, Boulevard Point and Portline
Strada is the newest of the four. The developer’s Strada page describes a 31-storey mixed-use development in the heart of Batumi that combines residential and hotel apartments. It prints “Apartments from $61 320”, a 25% initial payment and a 48-month instalment, and shows three apartment types with sizes: a studio of 28.8 m², a one-bedroom of 59.1 m² and a two-bedroom of 93.6 m². The page lists the purchase steps as signing an agreement, remittance and registration, and says that apartments are available in near-completion and fully completed conditions. Our listing places the project on Sherif Khimshiashvili Street on the New Boulevard side of the city. The project also has its own microsite, stradagumbati.ge, which presents the 31-storey complex as one that combines residential and hotel-type apartments, with two finish options for the apartments: renovated, and turnkey with furniture and appliances.
Midtown is a 14-storey building that the developer’s Midtown page places in the city centre near the central park, 500 metres from the beach. The page gives apartment sizes from 53.1 m² to 144.3 m² and mentions sea and mountain views. It describes the apartments as sold in a near-completion condition, in which the major construction work is finished: the iron entrance door, internal doors and windows and internal walls are installed, wiring is done with Borsan copper cables, and internet, water and gas systems are set up. Cosmetic renovation is offered separately through Gumbati Design. The building is managed by a dedicated company that provides regular cleaning, elevators and 24/7 supervision, according to the page. The page prints no entry price, so the price of an apartment is set in the reservation and the sale contract.
Boulevard Point is described on the developer’s page as a 15-storey business apart-hotel in Batumi, 300 metres from the Black Sea coast, with 377 apartments in studio, one-bedroom and two-bedroom layouts. The apartments are offered turnkey, renovated and furnished. The project infrastructure on the page includes an outdoor pool with a terrace and cafe, a spa center, an equipped workspace, a restaurant, a reception and a lounge. The building specification lists a ventilated facade, a natural granite entrance hall, OTIS elevators, glass railings, central heating and VITRA plumbing fixtures. The lowest prices the developer’s apartment data gives on 13 November 2026 are USD 121,777 for a studio, USD 135,412 for a one-bedroom and USD 214,696 for a two-bedroom. The project page also describes a management contract under which a management company runs the apartment’s rental service.
Portline is, in the words of the Portline page, a 23-storey development of 309 apartments at 11 Tengiz Makatsaria Street in the Old Part of Batumi, about 500 metres from the coastline, with unit sizes starting at 32 m². The apartments are offered turnkey: fully renovated, furnished and equipped. The building specification names a ventilated facade, an entrance finished in natural granite and OTIS elevators, and a supervisory company that looks after lighting and cleaning of common spaces, elevator operation and 24/7 video monitoring of shared areas. The infrastructure list names a health and fitness center, an open terrace, a landscaped garden and a cafe-lounge. The page shows USD 62,480 as the studio price in its worked example, and it also describes a management contract between the owner and a management company.
Gonio: Montemar
Gonio is a settlement and beach district at the southern end of the Batumi city boundary, and it is where the developer places Montemar. The Montemar page describes a multifunctional, hotel-type 16-storey complex made up of three blocks. Block A serves as a hotel, Block B as an apart-hotel and Block C holds apartments that are either fully renovated or in near-completion condition, a term the developer defines as 70% of the repair work completed. The apartment configurations are studios, one-bedroom units, two-bedroom units and two-bedroom units with a pool on the balcony. The page prints “Apartments from $100 000”, a 20% initial payment and a 48-month instalment. Its type selector shows a 34.2 m² studio, a 54.3 m² one-bedroom and a 169.3 m² two-bedroom.
The infrastructure listed for Montemar is a spa center, a restaurant and cafe, an outdoor pool on the top-floor terrace, an indoor pool, a casino, a shared workspace, conference halls, a lounge and entertainment areas for children and adults. The construction notes mention a ventilated facade with thermal insulation, OTIS and MITSUBISHI elevators, isoblock walls, glass railings and a central heating system. The page describes a management contract between each apartment owner and the management company. Because the project sits in Gonio, the sea, the Gonio fortress and the Georgian-Turkish border at Sarpi are the nearby reference points, as our Batumi guide describes them.
Summary of Gumbati Group Georgia projects we list
| Project | Area | Unit types and sizes (per the developer) | Price from (as printed) | Delivery and finish |
|---|---|---|---|---|
| Strada | Batumi, New Boulevard side | Studio 28.8 m², one-bedroom 59.1 m², two-bedroom 93.6 m²; 31 storeys | USD 61,320 | Delivery per the sale contract; near-completion or fully completed condition; 25% initial payment, 48-month instalment |
| Midtown | Batumi, city centre | Apartments of 53.1 to 144.3 m²; 14 storeys | Set in the sale contract | Delivery per the sale contract; near-completion condition |
| Boulevard Point | Batumi, 300 m from the coast | Studio, one-bedroom, two-bedroom; 377 apartments; 15 storeys | USD 121,777 (studio); USD 135,412 (one-bedroom); USD 214,696 (two-bedroom) | Delivery per the sale contract; turnkey, renovated and furnished |
| Portline | Batumi, Old Part | 309 apartments from 32 m²; 23 storeys | USD 62,480 (studio example on the project page) | Delivery per the sale contract; turnkey, renovated, furnished and equipped |
| Montemar | Gonio, Batumi | Studio 34.2 m², one-bedroom 54.3 m², two-bedroom 169.3 m² (type selector); 16 storeys, three blocks | USD 100,000 | Delivery per the sale contract; fully renovated or near-completion; 20% initial payment, 48-month instalment |
Finish levels and building services as the developer states them
Across the five project pages, the developer uses a small set of terms for the condition in which an apartment is sold. Turnkey means renovated, furnished and equipped with appliances; Boulevard Point and Portline are described this way. Near-completion means that the major construction work is finished and that the owner or Gumbati Design completes the cosmetic renovation; Midtown is described this way, and Strada and Montemar offer it beside a fully completed option. The FAQ page states the same two conditions in other words: apartments can be bought in green frame condition or fully renovated, complete with furniture and appliances. Because the labels are the developer’s and can differ from project to project, the sale contract and the handover act are the documents that fix what is included in a given apartment.
The building specifications repeat across the pages: a ventilated facade for thermal insulation, natural granite at the entrance, OTIS elevators, glass railings and central heating. Services are delivered by a management or supervisory company, which on the project pages covers lighting and cleaning of common areas, elevator operation and 24/7 video monitoring.
Gumbati Group Georgia portfolio and track record
The projects page of the developer sorts its work into ongoing and completed projects. The data that feeds the page, which the site loads from its projects service, lists 15 entries on 13 November 2026. Five carry the current status: Strada, Montemar, Midtown, Boulevard Point and Portline. The other ten are marked completed and carry these names: Gumbati Residence, Gateway to the Boulevard, Vere District, Vake Residence, Gumbati in Tamarashvili, Gumbati in Alley, Gumbati in Gorgasali (which appears under two entries), Subtropic City and Gumbati in Bakuriani. Our site lists only the five current projects, so the completed ones are given here as the developer names them.
| Year | Event according to the developer |
|---|---|
| 1998 | Company established; reconstruction and repair work first |
| 2005 | Becomes involved in real estate development |
| 2019 | Starts offering hotel-type services in its residential properties |
| 2020 | Starts constructing hotel-type apartments in Georgia |
| 2022 | Gumbati Residence in Gonio begins, per its project page |
| 2026 | The Strada page is added to the projects list on gumbati.ge (19 February 2026, per the site’s projects service) |
Two of the completed projects have pages with enough detail to describe. The Gumbati Residence page describes 12-storey apartments in Gonio on the first line of the sea, set along a natural coastline with cycling and jogging paths. Its unit types are studios, one-bedroom and two-bedroom apartments, sold renovated, furnished and equipped. The page lists an outdoor pool, an outdoor cinema, a cafe, an outdoor restaurant, a fitness center and spa, and services such as security, administration, concierge, housekeeping and laundry. It says the project began in 2022 and was set to complete in 2026. The Vere District page carries a one-line description: a modern architecture and design business center in the Vera area. For the other completed entries the developer’s site gives the names, and the names of Gumbati in Bakuriani and the street-based projects show where they are, while this profile gives no further figures for them.
The home page lists the locations where the company says it operates today: Batumi, Gonio and Kvariati. The same list appears in the FAQ, which answers the question where the projects are located with those three places. For a buyer comparing Gumbati Group Georgia with other developers, the practical point is that all five current projects sit in the Batumi city boundary, between the Old Part, the New Boulevard area and the Gonio-Kvariati district.
How buying works with Gumbati Group Georgia
The developer describes the purchase in three steps on every project page and in its FAQ. First comes the signing of an agreement: a citizen of any country with a passport can register real estate in the name of an individual or a legal entity. Second comes remittance: after receiving the contract of sale, the buyer transfers the amount to the company’s current account, and company representatives then send the relevant documents. Third comes registration: after the transfer, the buyer registers the property in his or her name, and the developer states that a purchase can also be made remotely on the basis of a power of attorney. The FAQ adds that an identity document, either an ID card or a passport, is the only document needed to buy, that the apartment can be bought with an internal instalment and/or a mortgage loan through partner banks, and that a non-resident can open an account with any Georgian bank.
These steps fit the sequence in our guide to buying property in Georgia. In that guide, the order is: read the Public Registry extract for the property, reserve or sign a pre-purchase agreement, check the seller and the building, sign the sale contract, pay the price as the contract states and register the buyer’s right at the National Agency of Public Registry (NAPR). Under Article 183 of the Civil Code, ownership of an immovable thing passes when the transaction is in writing and the acquirer’s right is registered in the Public Registry. For a project that is under construction, the guide describes a separate pre-purchase agreement that fixes the price, the payment schedule and the conditions for moving to the final agreement, and it notes that a right can be pre-registered on the basis of a signed agreement under the Law on the Public Registry.
Payment follows the developer’s own schedule. The Strada and Montemar pages print a 25% and a 20% initial payment and a 48-month instalment, and the other three pages state the price and leave the schedule to the contract. An in-house instalment is a private arrangement between the buyer and the developer, and it is written into the sale contract, which is why the contract carries the amounts and the dates. If a buyer prefers a bank loan, our mortgage guide sets out the National Bank of Georgia (NBG) limits: a maximum loan-to-value ratio of 90% for lari loans and 70% for foreign-currency loans, with 80% for mortgage loans to borrowers whose income is earned outside Georgia, and loans below GEL 1,000,000 in lari unless the borrower’s income is in the loan currency. The NBG publishes these requirements on its payment-to-income and loan-to-value page.
The same guide notes that domestic payments in Georgia are settled in lari at the NBG rate on the payment date even when a price is quoted in US dollars, so the lari amount of a dollar-priced instalment depends on the official exchange rate of the day. The sale contract is drafted in Georgian, and a buyer who reads an English or Russian version alongside it should check that price, area, payment dates and the title clause read the same in both. The contract is either authenticated by a notary or signed before an authorised person at the registration authority; a representative acting on a foreign power of attorney needs a notarial deed, as the guide explains.
Ownership route, registration, tax and residence rules for Gumbati Group Georgia buyers
A foreigner may own an apartment in Georgia outright. Article 32 of the Law on the Legal Status of Aliens and Stateless Persons, published on matsne.gov.ge, says that aliens may own, inherit and bequeath any property, and the one category with a statutory limit is agricultural land, which our guide on foreign ownership explains. The five Gumbati Group Georgia projects are apartment buildings, so they are apartments in a residential or apart-hotel building, and the buyer receives title to the apartment, normally with a share of the land under the building. The registration is made by NAPR. According to the NAPR fee page, the registration of a change of right costs GEL 150 in four working days, GEL 270 in one working day or GEL 350 on the day of filing. A Public Registry extract costs between GEL 13 and GEL 75 depending on the channel and speed, plus GEL 26 if it is requested in English, per our buying guide.
| Topic | Position on the date checked | Source |
|---|---|---|
| Foreign ownership of an apartment | Permitted; no residence permit is needed to own | Law on the Legal Status of Aliens, Art. 32 |
| How title passes | Written transaction plus registration of the acquirer’s right in the Public Registry | Civil Code, Art. 183 |
| Registration fee | GEL 150 (4 working days), GEL 270 (1 working day), GEL 350 (same day) | NAPR fee schedule |
| Annual property tax for an individual | Exempt if family income in the previous year did not exceed GEL 100,000; otherwise 0.8% to 1% of market value | Tax Code arts. 202(5) and 206(1)(a), as amended by Law No. 1874 of 30 September 2026 |
| Residence permit linked to property | Market value exceeding USD 150,000 equivalent in GEL, non-agricultural, valued by a certified assessor | Law on Aliens, Art. 15(j); SDA |
On tax, our property tax guide reads the Tax Code on the Legislative Herald and the Revenue Service page. Since the change made by Law No. 1874 of 30 September 2026, the property of a natural person other than land is exempt from the annual property tax if the family income received in the previous year did not exceed GEL 100,000. Above that amount, the Tax Code sets the tax at not less than 0.8% and not more than 1% of the property’s market value at the end of the preceding year, with the exact percentage set by the municipality within that range. The return is due by 1 November (2 November in 2026) and payment by 15 November, as the guide sets out, and the primary texts are the Tax Code on matsne.gov.ge and the Revenue Service website.
A purchase from Gumbati Group Georgia does not itself give residence or citizenship. Residence is a separate regime with its own conditions. The Public Service Development Agency (SDA) describes on its residence permit page a short-term permit for a foreigner who holds title to immovable property in Georgia with a market value exceeding USD 150,000 equivalent in GEL. The value is set by a certified assessor of an accredited body, agricultural land is excluded, and a spouse and children may apply with proof of kinship. Our residence permit guide adds that the threshold is measured on the appraisal and not on the price paid, that several properties can be combined to reach it, that the permit is temporary and renewable annually, and that the threshold has applied since 1 March 2026. Whether any particular apartment, at its appraised value, meets the threshold is a question for the appraisal report, so a buyer who wants a permit should commission the appraisal before committing.
Batumi and Gonio, the towns where Gumbati Group Georgia builds
Batumi is the capital of the Autonomous Republic of Adjara and a self-governing city on the Black Sea. Our Batumi city guide gives 246,267 residents on 1 January 2026 per Geostat, the national statistics office, and 4,168 apartment sales in the second quarter of 2026 per Galt & Taggart’s compilation of Public Registry data. The guide lists 31 projects for Batumi, Gonio and Kvariati on our site, and five of them are Gumbati Group Georgia projects. Midtown, Strada, Boulevard Point and Portline are in the built-up city, between the Old Part, the city centre and the New Boulevard area, and the guide places the airport 8.1 km from Europe Square.
Gonio is a separate settlement with its own fortress and beach, and it is also part of the city: the guide notes that the polygon of the Batumi boundary contains Gonio and Kvariati at its southern end, about 15 kilometres by road from the historic centre, and that the border village of Sarpi lies in the neighbouring Khelvachauri Municipality. Montemar is the only Gumbati project we list in this district. A buyer deciding between the city projects and the Gonio project is therefore choosing between locations a few kilometres apart in the centre and a coastal district further south, which the buyer can compare in the Batumi guide.
Key facts about Gumbati Group Georgia
- Gumbati Group states that it was established in 1998 and that it has worked in real estate development since 2005.
- The legal entity named on its privacy policy is Gumbati Group LLC; the head office is in Batumi.
- The developer’s projects service lists 15 entries on 13 November 2026: five current projects and ten completed entries.
- We list the five current projects: Strada, Midtown, Boulevard Point and Portline in Batumi city, and Montemar in Gonio.
- Entry prices printed on the project pages run from USD 61,320 at Strada to USD 121,777 for a studio at Boulevard Point; Montemar prints USD 100,000 and Portline shows USD 62,480 for a studio.
- Strada and Montemar print a 48-month instalment with an initial payment of 25% and 20%.
- Apartments are sold in near-completion, fully completed or turnkey condition, as each project page states.
- The company says it holds ISO 9001-2015 certification in quality management.
- In-house services include Gumbati Design for interiors, Gumbati Art for renovation and an apartment-management service.
- Purchases are paid in the currency and on the schedule written in the sale contract and are registered at NAPR.
Gumbati Group Georgia and other Georgia developers on our site
Several other developers we profile also build in Batumi, Gonio and Kvariati. The table lists the number of projects we list for each in the Batumi area, as recorded on our site, so a reader can move between profiles. It does not rank anyone. The full set is on the Real estate developers in Georgia hub.
| Developer | Where we list its projects | Website |
|---|---|---|
| Gumbati Group Georgia | Batumi (4) and Gonio (1) | gumbati.ge |
| Orbi Group | Batumi (5) and Tbilisi (1) | orbi.ge |
| NEXT Property | Batumi, Gonio, Kvariati, Kobuleti and Tbilisi | next-property.com |
| Mardi Holding | Batumi (5) | mardi.ge |
| Horizons Group | Batumi (3) | horizonsbatumi.com |
| European Village | Gonio (3) | wyndhamgrandbatumigonio.com |
What to prepare when reserving with Gumbati Group Georgia
The documents below are the ones a reservation with a developer normally involves in Georgia. The developer’s FAQ says that an identity document is the only document needed to buy, and the list adds the papers that most buyers also ask to see.
- A valid passport or ID card, plus a copy for the reservation file.
- The signed reservation form, with the project, the apartment number, the type, the size and the agreed price in US dollars.
- The draft sale contract, with the delivery date, the payment schedule and the condition of the apartment (near-completion, fully completed or turnkey), read by a lawyer before signing.
- The payment schedule, with the amount and date of each instalment and the company account to which payments go.
- A Public Registry extract for the apartment and the land, showing the registered owner and the cadastral code.
- A power of attorney, certified by a notary and translated into Georgian, if a representative signs on the buyer’s behalf.
- Tax details, if the buyer needs a Georgian tax number, and a note of the family-income test for the annual property tax.
- If a residence permit is planned, the title document and an accredited appraisal report, which the SDA application requires.
Frequently Asked Questions
Where does Gumbati Group Georgia build?
Gumbati Group Georgia builds in Batumi, Gonio and Kvariati, according to the developer’s FAQ. The five current projects we list are Strada, Midtown, Boulevard Point and Portline in Batumi city, and Montemar in the Gonio district at the southern end of the city boundary. The head office is in Batumi.
How many projects does Gumbati Group Georgia list?
Gumbati Group Georgia lists 15 entries on gumbati.ge: five current projects and ten completed entries. All five current projects are on our site with a listing page, and the completed ones are named in the portfolio section above.
What are the prices for Gumbati Group Georgia projects?
For Gumbati Group Georgia, the entry prices printed on the project pages are USD 61,320 at Strada, USD 100,000 at Montemar, USD 121,777 for a studio at Boulevard Point and USD 62,480 for a studio in the Portline example. Midtown prints no price. These are the developer’s entry figures, and the price on the day of reservation is the one written in the contract.
When are the Gumbati Group Georgia projects due for delivery?
The project pages of Gumbati Group Georgia print no delivery dates, so the delivery date for an apartment is the one in its sale contract. The developer’s pages state the condition in which apartments are handed over: near-completion, fully completed or turnkey, depending on the project.
What is the payment plan at Gumbati Group Georgia?
At Gumbati Group Georgia, the Strada page prints a 25% initial payment with a 48-month instalment, and the Montemar page prints a 20% initial payment with a 48-month instalment. The FAQ adds that an apartment can be bought with an internal instalment and/or a mortgage loan through partner banks. The amounts and dates are fixed in the sale contract.
Can a foreigner buy from Gumbati Group Georgia?
A foreigner can buy from Gumbati Group Georgia. The developer says that a citizen of any country with a passport can register real estate in the name of an individual or a legal entity, and Georgian law lets foreigners own apartments, as our foreign ownership guide states. Ownership is registered at NAPR, and the developer states that a remote purchase on a power of attorney is possible.
Does Gumbati Group Georgia sell furnished apartments?
Gumbati Group Georgia sells apartments in several conditions. Boulevard Point and Portline are described as turnkey, renovated and furnished, Midtown is sold in near-completion condition with a Gumbati Design interior service, and Strada and Montemar offer near-completion and fully completed options. The FAQ says apartments are available in green frame condition or fully renovated with furniture and appliances.
What does a purchase from Gumbati Group Georgia mean for a residence permit?
A purchase from Gumbati Group Georgia does not itself give residence. Under Article 15(j) of the Law on the Legal Status of Aliens, as the SDA page and our residence permit guide describe, a short-term permit is open to an owner of non-agricultural property with a market value exceeding USD 150,000 equivalent in GEL, set by a certified assessor. The permit is a separate application to the SDA.
Where can I read Gumbati Group Georgia project details from the developer?
The developer’s own pages give the project details for Gumbati Group Georgia: the projects page lists the current and completed projects, and each current project has its own page with unit types, amenities and the purchase steps. Our listing for each project, linked in the tables above, gathers the neutral facts in one place.
Last checked: 13 November 2026. Sources: Gumbati Group About page; Gumbati Group projects; project pages for Strada, Midtown, Boulevard Point, Portline and Montemar; Gumbati Residence; apart-hotel page; FAQ; privacy policy; Gumbati Design; Gumbati Art; Strada microsite; Gumbati projects service; Law on the Legal Status of Aliens; Tax Code of Georgia; Civil Code of Georgia; NAPR registration fees; Revenue Service; SDA residence permits; NBG payment-to-income and loan-to-value requirements; NBG official exchange rates.
