Gumbati Boulevard Point Batumi is a 15-storey business apart-hotel on the New Boulevard in Batumi, which the developer, Gumbati Group, files under its current projects and describes as 377 apartments (studios, one-bedroom and two-bedroom flats) about 300 m from the Black Sea coast.
This information profile reads the developer’s project page, flat selector and brochure, plus Realting, Geoln, Homes Overseas and a 2022 partner article, as they stood on 13 November 2026. The selector counted 7 flats as available that day. Each source’s figures sit side by side with source and date.
On its project page, the developer calls the building a 15-storey business apart-hotel with 377 apartments, 300 m from the sea, handed over turnkey, renovated and furnished, with appliances. It lists an outdoor pool with a terrace and cafe, a spa centre, coworking space, a restaurant, a reception, a lounge and a fenced yard.
The developer’s brochure adds parking for 106 cars and a construction list: ventilated facade, granite-lined entrance, OTIS lifts, glass railings, central heating and VITRA plumbing. Both were read on 13 November 2026.
| Key facts as published | Per the developer (gumbati.ge, checked 13 November 2026) |
|---|---|
| Location | Batumi, New Boulevard area; 300 m from the sea and 100 m from the New Boulevard (brochure) |
| Developer | Gumbati Group (gumbati.ge) |
| Type | Business apart-hotel, one tower, 15 storeys |
| Apartments | 377 (studio, one-bedroom, two-bedroom); see the source table for a different count |
| Finish | Turnkey, renovated, furnished, with appliances |
| Amenities | Outdoor pool with terrace and cafe, spa centre, coworking space, restaurant, reception, lounge, yard; parking for 106 cars |
| Completion or handover date | Not printed on the project page or in the brochure |
| Status on gumbati.ge | Listed under “Current” projects; 7 flats available on 13 November 2026 (section 2) |
The sources differ on several basic points, and the table keeps them apart. The Realting column is its new-building page; the prian.ru column is a partner article of 2022. Both are still online.
| What each source prints | Developer page (13 Nov 2026) | Developer brochure (file of 24 Feb 2026) | Realting new-building page (19 Jun 2024) | prian.ru (4 Jul 2022) |
|---|---|---|---|---|
| Address | Map entry titled “Seaside St. 1b, Batumi” | “On a new boulevard”; no street | Zghvispiris Street, 1; contact line Sherif Khimshiashvili 1 | S. Khimshiashvili St. 1 |
| Floors | 15 | 15 | 15 | 15 |
| Apartments | 377 in the text; 375 counted in the selector (floors 3 to 15) | Floor-3 plan lists apartments 301 to 329 (29 flats) | Not printed | Studios, one- and two-bedroom flats; no total |
| Finish | Turnkey, furnished | Turnkey, furnished, with appliances | “Rough finish” in the repair field; turnkey in the text | Two price columns: green shell and turnkey |
| Distance to the sea | 300 m | 300 m | 300 m | 300 m |
| Handover | Not printed | Not printed | Year of construction 2023 | Commissioning planned for December 2023 |
Realting’s flat cards show other street labels for the same building name: Zghvispiris Street 1a, 1b and 10a, Adlia Street 16, and a landmark in Europe Square. A booking-site property called Gumbati Apart Hotel lists Sherif Khimshiashvili St 1, and one booking page counts 14 rooms. No source says whether it belongs to this building, so it is not used here.
The brochure’s floor-3 plan gives areas from 24.1 to 92.5 m² for 29 flats. Counted from that list, 13 are under 30 m², 11 are from 30 to 50 m² and 5 are above 50 m². The plan does not label them by type.
The developer’s page says every owner joins an electronic management system showing visitors and usage periods, and that the management company maintains the infrastructure. Owner and company sign a “management contract”, under which the company undertakes the apartment rental service. A developer news item of 12 April 2024 adds insurance cover against financial or technical risks; its terms are not published. The page also prints a fee split, which is not reproduced because it belongs in the contract.
The brochure lists security, reception, concierge, cleaning, laundry and apartment management as services. No hotel brand or outside operator is named for this building in any source read. The developer’s apart-hotel page says it has offered hotel-type services since 2019 and that two facilities called Gumbati Apartotel operate in Batumi’s resort area, without saying which buildings.
No hotel brand or outside operator is named for this building in any source read. The developer’s apart-hotel page says that since 2019 it has offered hotel-type services in its projects, and that two facilities under the name Gumbati Apartotel operate in Batumi’s resort area. It does not say which buildings these are.
The developer’s selector has one page for each floor. On 13 November 2026 the thirteen floor pages, floors 3 to 15, were fetched by plain GET. Each carries a server-rendered count of flats by status, stamped 13 November 2026, 00:59 Tbilisi time (UTC+4). Floors 1 and 2 carry no counts.
The list of single flats with numbers and prices comes from a separate call that was not used, so no flat number, area or price is known for the 7 available flats.
| Gumbati Boulevard Point Batumi: developer selector, 13 Nov 2026 | Flats | Where |
|---|---|---|
| Sold | 366 | Floors 3 to 15 |
| Available | 7 | Floor 3 (1), floor 5 (1), floor 6 (1), floor 12 (2), floor 13 (2) |
| Reserved | 2 | Floor 6 (1), floor 15 (1) |
| Counted in total | 375 | Floors 3 and 14 show 28 flats each, the other floors 29; 13 floors at 29 would give 377 |
The latest progress card, dated 8 January 2024 in the site’s data, reads 80 percent for construction and 70 percent for apartments sold. The sources describe the building at different dates; the table lists them in order without reconciling them.
| Date | Source | What it prints about status |
|---|---|---|
| 4 Jul 2022 | prian.ru partner article | Commissioning planned for December 2023 |
| 18 Jun 2023 | Realting listing 1693313 | Deadline December 2023 |
| 8 Jan 2024 | Developer page, progress card | Construction 80 percent; apartments sold 70 percent |
| 19 Jun 2024 | Realting new-building page | 90 percent of monolithic work completed; roof and facade at the next stage; marked “Sold or out of date” |
| 21 Jul 2025 | Geoln listing 28721 | Year of build 2025; condition “renovated and furnished” |
| 24 Feb 2026 | Realting listing 3734451 | “The complex is already built”; opening scheduled for mid-2025 in the same text |
| 27 and 28 Jun 2026 | Homes Overseas listings | Describe the project as completed |
| 15 Aug 2026 | Realting listings 3865959, 3866091 | “Fully built and commissioned”; “handed over” |
| 13 Nov 2026 | Developer page and brochure | No completion or handover statement; 366 flats counted as sold |
On price, the developer prints three kinds of figure. The table gives each as printed and does not combine them.
| Price and payment statement | Source and date | As printed |
|---|---|---|
| Lowest price per flat, studio | Developer project data, 13 Nov 2026 | USD 121,777 |
| Lowest price per flat, one-bedroom | Developer project data, 13 Nov 2026 | USD 135,412 |
| Lowest price per flat, two-bedroom | Developer project data, 13 Nov 2026 | USD 214,696 |
| “Prices start from $1,550” | Developer brochure, file of 24 Feb 2026 | Unit not printed; includes renovation, furniture and appliances; varies with floor and view |
| “$1,550/m²” | Realting listings 1693313 (18 Jun 2023) and 2132976 (13 Mar 2024) | Read there as a price per m² |
| Initial contribution and instalment | Developer brochure | 20 percent initial contribution; internal interest-free instalment of 0 percent; no term in months |
| Fields “maxMonth” and “minPercent” | Developer project data, 13 Nov 2026 | 15 and 30; no label is shown on the page, so what they mean is not stated |
| Instalment and down payment | Realting listing 1693313 (18 Jun 2023) | 18 months, 30 percent down |
The studio, one-bedroom and two-bedroom figures carry no area or floor on the page, so they cannot be turned into a price per m². Whether the 20 percent or the 30 percent applies to a given flat, and for how many months, is a point for the contract.
Listing sites show resale and agent offers at other levels. The table lists the eight Boulevard Point cards on Realting, Geoln and Homes Overseas that carry a 2025 or 2026 date. They are asking prices for single flats, not Gumbati prices. Where a card gives an exact area in its text, the price per m² is calculated from it.
Homes Overseas prices are in euro and were converted at the National Bank of Georgia’s official rates for 13 November 2026 (EUR 2.8793 and USD 2.5935 per lari, a cross rate of 1.1102).
| Listing-site indication | Date | Area, floor | Asking price | USD per m² (calculated) |
|---|---|---|---|---|
| Geoln 28721 | Published 21 Jul 2025 | 24.2 m², floor 3 | USD 49,900 | 2,062 |
| Realting 3734451 | Updated 24 Feb 2026 | 27 m², floor 10 | USD 69,758 | 2,584 |
| Homes Overseas 2225017 | 27 Jun 2026 | 27 m², floor not shown | EUR 65,400, about USD 72,607 | 2,689 |
| Realting 3865959 | Updated 15 Aug 2026 | 30 m², floor 9 | USD 75,658 | 2,522 |
| Realting 3866091 | Updated 15 Aug 2026 | 26.83 m² in the text, floor 10 | USD 75,273 | 2,806 |
| Realting 3866093 | Updated 15 Aug 2026 | 44.86 m² in the text, floor 12 | USD 112,372 | 2,505 |
| Homes Overseas 2225131 | 28 Jun 2026 | 45 m², floor not shown | EUR 97,600, about USD 108,355 | 2,408 |
| Homes Overseas 2225132 | 28 Jun 2026 | 46 m², two rooms with a separate bedroom, floor not shown | EUR 106,500, about USD 118,236 | 2,570 |
The eight cards range from USD 49,900 to about USD 118,236, or USD 2,062 to 2,806 per m². The developer’s lowest per-type figures are each above all eight asks, and the sources do not say why. They may describe different flats, floors, dates or terms, so no comparison is drawn. For wider context, see Batumi apartment prices per square metre.
The developer places the building on the New Boulevard and prints a short distance list in its brochure without saying how the distances were measured. Its map block gives the point 41.62193, 41.59671, which may mark the building or an office, so the straight-line figures are indications. They are calculated from that pin and the coordinates Wikipedia lists for Batumi International Airport and Batumi.
| Place | As printed by a source | Straight line, calculated here |
|---|---|---|
| Black Sea coast | 300 m (developer page and brochure) | Not calculated |
| New Boulevard | 100 m (brochure; Realting 2023) | Not calculated |
| Casino | 500 m (brochure) | Not calculated |
| Shopping mall | 550 m (brochure) | Not calculated |
| Iashvili hospital | 1,100 m (brochure) | Not calculated |
| Water park | 1,500 m (brochure) | Not calculated |
| Batumi International Airport | 800 m (brochure); 3.2 km on a booking page for the Gumbati Apart Hotel at Sherif Khimshiashvili St 1 (halalbooking.com) | About 1.3 km from the developer’s map pin |
| Centre of Batumi (Wikipedia point) | Not printed | About 4.6 km from the developer’s map pin |
The two printed airport figures and the calculated one differ, and all three are shown. The booking page concerns a property whose link to this building is not stated. Walking and driving distances are not published and should be measured on the day.
A flat in a finished block follows the usual Georgian frame, with fewer unknowns about construction and more about the seller and the registry entry. Article 183 of the Civil Code requires a written transaction and registration of the acquirer’s ownership in the Public Registry; Article 312 presumes the Register’s records accurate until proved otherwise. The guides on foreign buyers in Georgia and how to buy property in Georgia give the full process.
Three points are specific here. The seller may be the developer, which the site’s privacy policy names as Gumbati Group LLC, or a private owner or agent; the contract is signed with whoever is registered. The cadastral code that matters is the flat’s own. And because of the management contract, the extract and the contract should show how the flat is registered and what binds the owner.
| Step | Who | Fee or time | Source |
|---|---|---|---|
| Obtain flat number, cadastral code and a Public Registry extract | Buyer, seller, lawyer | GEL 20 in one working day, GEL 13 via internet; GEL 26 extra for English | NAPR information fees |
| Sign a written contract | Buyer, seller | Terms set in the contract | Civil Code, Art. 183 |
| Register the change of ownership | Buyer, NAPR | GEL 150 in four working days, GEL 270 in one, GEL 350 on the day of filing | NAPR registration fees |
| Sign from abroad, if needed | Buyer, NAPR | Apostilled power of attorney, or a booked virtual meeting | NAPR smart contract |
A power of attorney from abroad needs an apostille; the Hague Conference status table shows the Apostille Convention in force for Georgia since 14 May 2007.
Property tax changed with Law No. 1874 of 30 September 2026, listed among the amendments in the Tax Code on matsne.gov.ge. Article 206(1)(a) now exempts a natural person’s taxable property other than land when the family’s income in the year before did not exceed GEL 100,000. Above that, Article 202(5) sets 0.8 to 1 percent of the market value at the end of the preceding year; the EY Georgia brief gives the earlier threshold as GEL 40,000.
The Revenue Service has a property-tax page, and the guide to property tax in Georgia covers filing. A seller’s surplus on a residential apartment is taxed at 5 percent under Article 81(3); Article 82(1)(f.a) exempts it after more than two years of ownership.
For residence, the Public Service Development Agency describes a short-term residence permit for an alien who holds title to non-agricultural property whose market value exceeds USD 150,000 equivalent in lari, as set by an accredited assessor; the Law on the Legal Status of Aliens has the same wording. The test is an assessed value, not an asking price; see the residence permit guide.
On lending, the National Bank of Georgia’s PTI and LTV page sets a loan-to-value limit of 90 percent for lari loans and 70 percent for foreign-currency loans. Terms for non-residents are set by each bank; the mortgage guide gives background.
Each open point below is a document or answer a buyer can request before paying. It is the normal due-diligence set and implies nothing about the building or its owners.
Gumbati Group is a Batumi development company. On its About page it says it was established in 1998, first working in reconstruction and repair, and has been involved in real estate development since 2005. It says it began offering hotel-type services in its residential properties in 2019 and started building hotel-type apartments in 2020, and that it holds ISO 9001-2015 certification in quality management. The site’s privacy policy names the operator as Gumbati Group LLC; no project-specific company, permit or registry data is published for Boulevard Point.
The company’s projects page lists five projects under “Current” and nine under “Completed”. Its FAQ says apartments can be bought with an internal instalment or a mortgage through partner banks and does not name them. This paragraph repeats the developer’s own statements and has not been checked against a company register.
The developer’s page gives no completion statement; its latest progress card, dated 8 January 2024, reads 80 percent. Listing sites dated from 2025 to August 2026 call the building built, completed or commissioned. The dated table in section 2 shows both; a buyer should ask for the completion documents.
On 13 November 2026 the developer’s selector showed 7 flats available and 2 reserved out of 375 counted. Flat numbers and prices for those 7 were not available without the separate call, so the developer would have to confirm which ones.
The developer’s text says 377. Its selector counts 375 flats on floors 3 to 15, with floors 3 and 14 showing 28, while the brochure’s floor-3 plan lists 29 apartments. The figures differ and should be confirmed against the registry.
The developer’s project data shows lowest per-type figures of USD 121,777 for a studio, USD 135,412 for a one-bedroom and USD 214,696 for a two-bedroom. Eight listing-site cards from 2025 and 2026 ask USD 49,900 to about USD 118,236. They are different sources and different flats.
It depends on the assessed value, not on the building. The Public Service Development Agency’s wording is title to non-agricultural property with a market value exceeding USD 150,000 equivalent in lari, set by an accredited assessor. An asking price is not an assessment.
The developer says a management company runs the complex and rents flats under a management contract signed with each owner. No hotel brand or outside operator is named in the sources read, so the name of the contracting entity and the contract terms are items to ask for in writing.
The developer lists five current projects. Each has its own profile on this site, written from the same kind of source set and dated 13 November 2026.
| Project | Location and size as printed by the developer | Profile |
|---|---|---|
| Strada | Batumi, Sherif Khimshiashvili Street area; 31-storey multifunctional complex | Gumbati Strada Batumi |
| Montemar | Gonio, south of Batumi; 16-storey hotel-type complex | Gumbati Montemar Batumi |
| Midtown | Batumi; 14-storey residential building | Gumbati Midtown Batumi |
| Portline | Batumi; 23-storey building | Gumbati Portline Batumi |
Other Batumi listings on this site differ in status and in what the developer prints. The figures are those shown on each page.
| Nearby Batumi listing | Area | Status and handover as printed on that page | Starting price as printed on that page |
|---|---|---|---|
| Archi Ramada Batumi | New Boulevard | Ongoing; the developer prints no handover date | The developer prints none; third-party indications on the page |
| Avenue by Orbi Batumi | Heroes Alley | Ongoing; Q4 2026 per Korter, none from the developer | The developer prints none; third-party indications on the page |
| NEXT Address Batumi | Alley of Heroes | Ongoing; December 2028 per the developer | USD 68,000 (studio without renovation) |
| NEXT DownTown Batumi | Old Batumi | Ready per the page; June 2026 (first block) and December 2026 (second block) per the developer | USD 161,460 |
More Georgian listings are on the Georgia country page and the Batumi city page.
Last checked: 13 November 2026. Sources:
This is not legal, tax or financial advice.
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