Gumbati Midtown Batumi: Flats, Prices and Sources (2026)

  • From $116,280
Batumi, Georgia
  • GUMI3057
  • Property ID
  • Apartment
  • Property Type
  • 53.1 - 144.3
  • sq. m.
For Sale
Gumbati Midtown Batumi: Flats, Prices and Sources (2026)
Batumi, Georgia
  • From $116,280

Description

Gumbati Midtown Batumi is a 14-storey apartment building near the central park in Batumi, where the developer’s own flat selector listed 61 flats on 13 November 2026, with 52 sold, 2 reserved and 7 available at printed totals from USD 116,280 to 313,575.

Gumbati Midtown Batumi 14-storey facade render, front elevation

This guide to Gumbati Midtown Batumi reads the developer’s page, its presentation PDF and three listing portals as they stood on 13 November 2026. The street number, the number of flats, the handover and the distance to the sea differ between sources, so each figure is shown with its source and date and none is chosen.

It adds the selector flat by flat, calculations from the printed figures, the finish and fees the developer lists, the Georgian rules on buying, tax and residence, and a list of what a buyer can ask for in writing before reserving.

Overview of Gumbati Midtown Batumi

The gumbati.ge project page describes Midtown as a 14-storey residential building in the centre of Batumi, near the central park and 500 metres from the beach, with units from 53.1 to 144.3 m² and sea and mountain views. The page lists the project under Current. These are the developer’s words, read on 13 November 2026.

Midtown street-level render at dusk with ground-floor commercial frontage

The visible text of the page prints no street address, no handover date and no price. Those items come from three other places: the developer’s flat selector, whose records carry areas and totals in USD, the developer’s presentation PDF, and the portals Korter, batumi.estate and Realting. Each is dated in the tables below, and where they differ no figure is chosen over another.

For anyone reading about Gumbati Midtown Batumi, the most concrete fact is the selector snapshot. It holds 61 flats on floors 2 to 14. On 13 November 2026, 52 were marked sold, 2 reserved, and 7 carried neither mark and were counted as available by the page’s own floor counters. Prices are printed for those nine flats, in USD.

Korter, on the same day, says that no apartments are currently available from the developer and lists resale offers instead. That difference between two public sources stays in view throughout this guide. The sections that follow lay out the sources side by side, the selector flat by flat, the printed finish and fees, the district, the Georgian rules for a foreign buyer and a list of what to obtain in writing.

Gumbati Midtown Batumi key facts As published Source and date
Developer Gumbati Group (Gumbati) gumbati.ge, 13 Nov 2026
Status on the developer’s site Listed under Current projects; flats sold in the finish the page calls Near-Completion Condition gumbati.ge, 13 Nov 2026
Address Vakhtang Gorgasali Street 99 (Korter, batumi.estate); 101 (Realting, 2024); the developer’s page prints none Portals, 13 Nov 2026; Realting update 17 Apr 2024
Area City centre near the central park (developer); Rustaveli (Korter, batumi.estate) gumbati.ge; portals
Storeys 14 (developer, Korter, batumi.estate); 15 (Realting, 2024) As listed
Flats 57 plus ground-floor commercial space (PDF, Jan 2024); 61 records on floors 2 to 14 in the selector PDF; selector, 13 Nov 2026
Sizes 53.1 to 144.3 m² (page and PDF); 42.6 to 240 m² across the 61 selector records gumbati.ge; selector
Stock on 13 Nov 2026 52 sold, 2 reserved, 7 available Developer’s flat selector
Printed totals, not sold USD 116,280 to 313,575 for the 7 available flats; USD 240,680 and 528,000 for the 2 reserved Developer’s flat selector
Handover No date on the developer’s page or PDF; Q4 2026 (Korter); 2026 (batumi.estate) As listed, 13 Nov 2026
Finish Near-Completion Condition (page); green frame, standard (PDF, Korter) gumbati.ge; PDF; Korter
Management and fee Management company; GEL 1 per m² up to 100 m², GEL 0.7 per m² above PDF, Jan 2024
Sea 500 m per the developer and Korter; basis of measurement not stated gumbati.ge; Korter

What each source prints about status, handover, address, storeys and flats

Four web pages, one PDF and one map database say something about the state of the building. They carry different dates, and the developer’s page carries none of its own, so each entry is shown with the date it displays or the date it was read. The first table covers status and handover.

Midtown ground floor render with glazed frontage and cobbled street
Status or handover figure Where it is printed Date of the source
No handover date; no construction-stage label or percentage; flats sold in Near-Completion Condition gumbati.ge project page Read 13 Nov 2026
No handover date; the flat specification applies “at the time of transfer to ownership” presentation PDF File name stamp 5 Jan 2024
One house under construction, next delivery Q4 2026; photo gallery from five fixed spots, latest update October 2026 Korter Read 13 Nov 2026
Completion scheduled for 2026, no month batumi.estate Price date shown 3 Oct 2026; read 13 Nov 2026
Year of construction 2025 Realting Page updated 17 Apr 2024
Building named Midtown, house number 99, mapped as under construction OpenStreetMap, way 420091194 Read 13 Nov 2026

The developer’s page uses the words Near-Completion Condition for the state of a flat on sale, and the PDF calls the same list a green frame. This guide reads both labels as a description of the finish handed to the buyer and not as a statement about the construction stage of the whole building, which the developer’s page leaves unlabelled.

Korter’s Q4 2026 and batumi.estate’s 2026 are portal statements. Neither page says that the date comes from a developer document. The Realting entry describes 2025 but was last updated in April 2024. A handover date that binds a buyer is the one written into the sale contract, which is why it is among the first items in the list of written requests in section 9.

The second table sets the descriptive data side by side. The differences are small in number but matter when a buyer compares listings: the house number, the storey count and the number of flats are not the same on every page.

Item Developer page and PDF Korter batumi.estate Realting
Address Not printed Vakhtang Gorgasali St, 99 99 Vakhtang Gorgasali Street Vakhtang Gorgasali Street, 101
District City centre, near the central park Rustaveli Rustaveli Heart of the city
Storeys 14 14 14 15
Flats 57 plus first-floor commercial space (PDF); 61 selector records 57 Not used in this guide 57
Size range 53.1 to 144.3 m² (page); 42.6 to 240 m² (selector) 53 to 240 m² Not stated as a range One listing of 68.4 m²
Distance to the sea 500 m 500 m; boulevard and beach about 10 minutes on foot 500 m 500 m
Construction Not stated on the page; PDF lists facade and partition materials Monolithic frame, 1 building Monolith, 2 lifts Monolithic

On the address, 99 is printed by Korter and batumi.estate and 101 by Realting, whose page dates from April 2024. OpenStreetMap carries the building at number 99. Only the registry extract for the plot, described in section 8, can fix an address. The gumbati.ge list of completed projects also contains an entry named Gumbati in Gorgasali, which is a separate project and not this building.

On the number of flats, the PDF counts 57 apartments with commercial space on the first floor, and Korter and Realting repeat 57. The selector lists 61 flat records on floors 2 to 14 and none on the first floor. The pages do not explain the difference of four, so both figures are carried and the total is left open in the data fields of this listing.

The developer’s flat selector on 13 November 2026: counts by floor and the nine flats not sold

The project page loads its flat selector from the developer’s public interface, the address of which sits in the page’s own configuration. A plain read of that interface on 13 November 2026 returned 61 flat records for Midtown, each with a floor, a flat number, an area, a status and a price field. The page also embeds a counter for every floor, and those counters give the same totals as the records.

Midtown 5th floor plan, furnished 3D layout
Midtown 10th floor plan, furnished 3D layout

The status labels are sold, reserved, and an empty label that the floor counters report as available. Counted that way, Gumbati Midtown Batumi had 52 flats sold, 2 reserved and 7 available that day. The table shows the count by floor. Floor 1 is absent because the PDF describes it as commercial space, and floors 2 to 5, 7 to 9 and 14 had no available flat.

Floor in Gumbati Midtown Batumi Flat records Sold Available Reserved Listed area m²
2 5 5 0 0 480.9
3 5 5 0 0 478.2
4 4 4 0 0 353.6
5 7 7 0 0 684.7
6 5 4 1 0 475.0
7 6 6 0 0 387.1
8 5 5 0 0 481.0
9 6 6 0 0 474.6
10 6 4 2 0 474.6
11 4 2 2 0 423.0
12 3 2 1 0 384.4
13 3 2 1 0 345.8
14 2 0 0 2 349.4
Total 61 52 7 2 5792.3

The clickable outlines on the floor drawings do not always match the records. Floors 4, 5 and 7 have 5, 5 and 7 outlines against 4, 7 and 6 flat records, although both sets sum to 61. The records are used here because they carry the areas and prices, and the difference is shown only so a reader who opens the floor pages is not surprised.

The next table lists the nine flats that were not sold. Prices are the numbers of the price field, in USD, which is the default currency of the selector (GEL and EUR are offered as alternatives). The last column is the date the record was last edited, as the interface stamps it. The USD per m² column is calculated here by dividing the total by the area.

Floor Flat no. Area m² Printed total USD USD per m² (calculated) Status Record last edited
6 25 146 219,000 1,500 Available 1 May 2025
10 41 144.4 267,140 1,850 Available 17 Sep 2024
10 44A 68.4 116,280 1,700 Available 15 Mar 2024
11 47 102.1 188,885 1,850 Available 15 Mar 2024
11 48 112.1 207,385 1,850 Available 15 Mar 2024
12 50 169.5 313,575 1,850 Available 15 Mar 2024
13 53 145.5 276,450 1,900 Available 15 Mar 2024
14 56 109.4 240,680 2,200 Reserved 29 Aug 2024
14 57 240 528,000 2,200 Reserved 29 Aug 2024

Seven of the nine records were last edited between 15 March 2024 and 1 May 2025, and the two reserved ones on 29 August 2024. A buyer who sees these totals should therefore ask for a price list that carries today’s date, which is item 1 in section 9. Nothing on the page says whether the selector prices are current offers or the stored values of the records.

Two other records carry a flag that hides the price, and both are marked sold (floor 7, flat 26A, and floor 9, flat 39). This guide neither reads nor prints those values. The seven available and two reserved records have the flag off, so their prices are the ones the selector can display. The 50 other sold records are counted but their stored prices are not reproduced, since a sold flat is not an offer.

Korter, read the same day, says that apartments from the developer are sold and that no developer apartments are for sale, and its listings are resale offers. The developer’s selector shows seven available flats. Both statements are shown as printed. Whether a particular flat can be reserved today is something only the seller can confirm in writing.

Sizes, floors and the price ladder inside the selector

The selector shows Midtown as almost entirely sold, so the useful question is what the remaining stock looks like and how the selector prices it. The PDF shows five numbered floor plans with the sizes 144.3, 53.1, 86.2, 127.3 and 70.0 m². The selector holds 30 distinct sizes across its 61 records, and only 26 records carry one of the five plan sizes, so the building has more variants than the PDF suggests.

Midtown upper-floor terraces with glass balustrades, render

The first table groups all 61 records by area. Sixteen records are under 60 m² and all are sold. The band of 60 to 80 m² holds 17 records, 16 of them sold. Together those two bands hold 33 of the 61 records, which is the small-flat end of the building, and it carries a single available flat, number 44A on floor 10 at 68.4 m².

Area band m² Records Sold Available Reserved
under 60 16 16 0 0
60 to 79.9 17 16 1 0
80 to 99.9 4 4 0 0
100 to 129.9 6 3 2 1
130 to 149.9 14 11 3 0
150 to 199.9 3 2 1 0
200 and over 1 0 0 1

The unsold stock is therefore weighted to large flats. Six of the seven available flats measure 100 m² or more, and the two reserved ones are 109.4 and 240 m². The seven available flats cover 888.0 m² in total and carry printed totals that add up to USD 1,588,715, an area-weighted average of about USD 1,789 per m² (calculated from the developer’s figures).

The price ladder follows the floors. The available flat on floor 6 is printed at USD 1,500 per m². Floor 10 shows USD 1,700 for the 68.4 m² flat and USD 1,850 for the 144.4 m² one, floors 11 and 12 show USD 1,850, floor 13 shows USD 1,900, and the two reserved flats on floor 14 are printed at USD 2,200. The developer does not say that floor is the reason for the steps, so this is a reading of the numbers and not a stated pricing rule.

Where the unsold flats sit Flats Areas m² USD per m² (calculated)
Floor 6 1 146 to 146 1,500
Floor 10 2 68.4 to 144.4 1,700 and 1,850
Floors 11 and 12 3 102.1 to 169.5 1,850
Floor 13 1 145.5 to 145.5 1,900
Floor 14 (reserved) 2 109.4 to 240 2,200

Two practical points follow from the table. First, the total depends on which area the rate is charged on, and the selector prints one area per flat without saying whether balconies or terraces are included, so the basis of area must be written into the contract. Second, the PDF and the page give a size range of 53.1 to 144.3 m², while the selector holds records of 42.6 m² and 240 m². A buyer reading the page text alone would not expect either end.

The selector also shows how the building is laid out vertically. Floors 2 to 9 hold 4 to 7 flats each, floors 10 to 13 hold 3 to 6, and floor 14 holds two. The listed area per floor runs from 345.8 m² on floor 13 to 684.7 m² on floor 5, which has the most records, seven.

The two floor plans the developer publishes on the project page show the 5th and 10th floors as furnished three-dimensional layouts. Floor 5 is the floor with the most records in the selector, and floor 10 has two available flats. The plans are described here only by the captions supplied with the images, and they are not used to match flat numbers.

Price indications by source and date

The developer’s prices come from the selector and the portals’ prices come from their own pages, and the two sets use different rates. The table puts them side by side with the date each carries. Portal figures are labelled listing-site indications. They are not Gumbati prices, and a dated difference between two pages is a fact about two pages and not a statement about any decision of the developer.

Midtown corner view render from the street, 14 storeys
Source What it prints Date Nature of the figure
Developer’s flat selector Totals from USD 116,280 to 313,575 for 7 available flats; USD 240,680 and 528,000 for 2 reserved flats; USD 1,500 to 1,900 per m² on the available ones (calculated) 13 Nov 2026 (records last edited Mar 2024 to May 2025) Developer, stored in the selector
Korter Listings shown: USD 89,000 (46.8 m², floor 3, USD 1,902 per m²); USD 140,000 for a 70 m² flat on floor 12, shown twice (USD 2,000 per m²); USD 528,000 (240 m², floor 14, USD 2,200 per m²) 13 Nov 2026 Listing-site indication
batumi.estate From USD 2,200 per m²; three-room from USD 251,620; four-room from USD 528,000 3 Oct 2026 Listing-site indication
Realting One-room 68.4 m² at USD 1,650 per m², USD 112,860 Page updated 17 Apr 2024 Listing-site indication, older

Three coincidences are worth stating. Korter’s USD 528,000 listing is a 240 m² flat on floor 14, and the developer’s selector has a 240 m² record on floor 14, reserved, at the same USD 528,000 and USD 2,200 per m². batumi.estate’s four-room price of USD 528,000 is the same number. Realting’s USD 112,860 for 68.4 m² equals a stored selector record of that size and price on floor 7, which is marked sold.

Read together, the developer’s available flats are printed at USD 1,500 to 1,900 per m², the reserved ones at USD 2,200, Korter’s resale-type listings at USD 1,902 to 2,200, and batumi.estate says from USD 2,200. The portals’ per-m² figures run from USD 1,650 (Realting, April 2024) to USD 2,200 (Korter and batumi.estate). No source is promoted. The comparison shows only that the label from-price covers a wide spread here.

In lari, using the National Bank of Georgia rate of GEL 2.5935 per USD for 13 November 2026 (NBG), the lowest available total of USD 116,280 is about GEL 301,572 and the highest, USD 313,575, about GEL 813,257. The contract, not the selector, fixes the currency of payment and whether any conversion applies.

The guides on this site give the wider price context: Batumi apartment prices per square metre and off-plan property in Batumi. Older Georgia guides carry numbers that predate the 2026 tax and threshold changes in section 8, so any figure from them should be checked against the primary source named there.

Payment terms, finish and running costs as printed

The developer’s page and selector print no payment plan. The only instalment wording on gumbati.ge is a statistics tile on the home page that shows 0% beside a label about an instalment fee, with no length, schedule or conditions, and the FAQ saying a flat can be bought with an internal instalment or a mortgage through partner banks without naming a bank. The table sets the terms that portals print.

Apartment interior render with desk, TV wall and bed in dark finish
Term Developer page and selector batumi.estate (3 Oct 2026) Korter (13 Nov 2026)
Down payment Not printed From 30% Not stated
Instalment length Not printed; a statistics tile on the home page shows 0% beside a label about an instalment fee, with no terms Interest-free, up to 6 months Not stated
Mortgage The FAQ speaks of unnamed partner banks Not stated Mortgage option mentioned; terms at the sales office
Pay in full Contract, then transfer to the company’s current account (page) Not stated Not stated
Bank named for Midtown None None None

batumi.estate describes an interest-free instalment of up to six months after a down payment from 30%, with a worked example of USD 75,486 down and USD 29,356 a month on USD 251,620. The figures check out: 30% of 251,620 is 75,486 and a sixth of the rest is 29,356. The table applies the same terms to three printed totals from the selector. It is arithmetic on a portal’s terms and not a Gumbati schedule.

Illustration: printed total USD 30% down USD Remainder USD Per month over 6 months USD
116,280 34,884 81,396 13,566
207,385 62,216 145,169 24,195
313,575 94,072 219,503 36,584

No bank is named for Midtown on any page read. Financing by a bank is a separate route, and the National Bank of Georgia sets a loan-to-value limit of 90 percent for loans in lari and 70 percent for loans in foreign currency (NBG PTI and LTV requirements). The guide to mortgages for foreigners in Georgia covers what a bank may ask of a non-resident.

Turning to the finish, the developer states that flats are sold in a green frame. The page lists the work included in the flat, and the PDF lists it in more detail as the state at the transfer of ownership. The table sets the two descriptions side by side. Interior work beyond this list, including floor coverings, kitchen, sanitary ware and wall finishes, is not listed as included and would be part of the buyer’s fit-out.

Item in the flat Developer PDF, green frame (standard) Developer page
Entrance door Iron entrance door installed Iron entrance door
Windows and doors Door-window installed Internal doors and windows
Partitions Pumice-block internal partitions Internal walls built
Electrics Copper wiring (Borsan cables), switches and socket boxes Copper wiring (Borsan cables)
Internet Wireless internet and distribution cable box Internet set up
Water and sewage Plastic pipes, sewage pipes wrapped in sound-insulating rockwool Water set up
Gas and heating Gas pipes; central-point heating pipes (metal-plastic) Gas set up
Walls, ceiling and floor Damp-proof plastered walls, drywall ceiling, floor screed Not listed
Ventilation and balcony Ventilation piping; balcony drainage point and space for the air-conditioner outdoor unit; air-conditioner drain point Not listed

The developer offers an interior design service, Gumbati Design, and the January 2024 PDF prices it at USD 30 per m². The page describes cosmetic renovation as the final step and does not give a price. Whether the 2024 price still applies is a question for the sales team, and it is on the list in section 9.

The building specification is printed in less detail. The PDF names facade, railing, partition, lift, entrance and stair materials, while the portals add descriptions of their own that do not always agree, for example a plaster facade on Korter and a ventilated facade on batumi.estate. The table keeps each source apart. Where the developer prints nothing, as for parking and the courtyard, the portal text is a portal statement.

Building feature Developer PDF Korter batumi.estate
Facade Composite panel, decorative deck, insulated facade Brick external walls, light brown and beige decorative plaster Ventilated facade systems
Building partitions Gasbeton blocks Not stated Not stated
Lifts 2 Otis lifts, 8 persons each Otis lifts 2 lifts
Entrances and stairs Ceramic granite tiles, natural granite steps, metal railings Designer lobby, accessible entrances Entrance groups with concierge
Parking Not described On-site and guest parking Underground parking
Courtyard Not described Partly gated, gazebo, playground to come Landscaped courtyard
Security Cameras, installed and operated by the management company 24/7 camera system 24/7 security

Running costs are partly printed. A management company supervises the common parts: lighting and cleaning of shared spaces, operation and cleaning of lifts, cleaning around the building and security cameras.

The PDF sets the fee at GEL 1 per m² for flats up to 100 m² and GEL 0.7 per m² for flats above 100 m², payable once the administration starts operating. It does not state the period, and it does not say whether 0.7 applies to the whole area or only to the part above 100 m². The table applies the reading that the whole area is charged.

Floor / flat Area m² Service fee GEL (area × 1 or × 0.7) Gumbati Design at USD 30 per m²
6 / 25 146 102.20 4,380
10 / 41 144.4 101.08 4,332
10 / 44A 68.4 68.40 2,052
11 / 47 102.1 71.47 3,063
11 / 48 112.1 78.47 3,363
12 / 50 169.5 118.65 5,085
13 / 53 145.5 101.85 4,365
14 / 56 109.4 76.58 3,282
14 / 57 240 168.00 7,200

Both columns are calculated from the PDF’s rates and the selector’s areas, and neither is a quotation. The service fee is shown without a period because the PDF gives none. The design column uses the January 2024 rate. A buyer would normally ask for the current tariff, the billing period and the date from which the management company charges.

Location of Gumbati Midtown Batumi: Gorgasali Street, the Rustaveli district and the distances

The developer places the project in the city centre, near the central park, and the portals file it in the Rustaveli district of Batumi. Korter shows the street as Vakhtang Gorgasali Street 99. OpenStreetMap maps a building named Midtown with that house number at about 41.6447 north, 41.6306 east, and its public data is the base for the straight-line figures below. The developer prints no coordinates for the project.

Apartment interior render looking toward the entrance corridor

Batumi is the capital of the Autonomous Republic of Adjara and, per Wikipedia citing the national statistics office, had a population of 246,300 in 2026 on 82.3 km². Wikipedia places Batumi International Airport 2 km south of the city and reports 1,230,200 passengers in 2025, citing the Civil Aviation Agency of Georgia. Both are secondary sources and are used only as context.

The developer’s PDF prints seven distances: a public school 40 m, a medical clinic 200 m, the Archaeological Museum 200 m, 6 May park 300 m, the Dolphinarium 550 m, Shota Rustaveli University 550 m and the sea 500 m. Korter prints its own set. The table puts both beside distances calculated here from OpenStreetMap coordinates, which are straight lines and not walking or driving routes.

Place Kind Developer PDF Korter Calculated straight line from the OpenStreetMap building
Public school School 40 m Public schools No. 2, 3 and 7 within 1.5 km Not calculated
Medical clinic Health 200 m Not stated Not calculated
Archaeological Museum Museum 200 m Not stated About 210 m (Chavchavadze St 77)
6 May park Park 300 m Adjacent About 360 m (park point in OpenStreetMap)
Shota Rustaveli University University 550 m Named, no distance About 640 m (university point, Beridze St)
Dolphinarium Attraction 550 m Within 1 km, with the aquarium About 680 m (Rustaveli St 49)
Sea or beach Coast 500 m 500 m; boulevard and beach about 10 minutes on foot About 910 m to the nearest mapped coastline point
Argo cable car Transport and leisure Not stated Seaport and cable car within 1.5 km About 1.9 km
Batumi International Airport Airport Not stated 10-minute drive About 4.6 km (Wikipedia coordinates)
Batumi-Central railway station Rail Not stated About 5 km (railway and central bus station) About 4.2 km

The calculated figures are close to the developer’s for the museum (about 210 m against 200 m) and the park (about 360 m against 300 m), and a little larger for the Dolphinarium and the university. Straight-line distances depend on the point chosen inside a building or park, so differences of a few dozen metres carry no meaning. The distance to the sea is the one where bases matter most.

The developer and Korter both print 500 m for the sea, and neither says where the measurement starts or ends. Korter adds that the boulevard and beach are about a ten-minute walk. The nearest mapped coastline point is about 910 m away in a straight line. The pages do not say whether the sea distance is taken to the park, the promenade or the water, so a buyer who values the walk should measure it from the entrance of the chosen flat.

Korter lists public transport stops 100 m and 150 m away, served by minibuses 32, 34, 36, 42 and 25a and buses 11 and 15, with a vehicle every four minutes at peak hours. It places the old bus terminal a 20-minute walk away and the Metro Batumi terminal less than 4 km away. These are portal statements about timetables that can change. The airport is a 10-minute drive on Korter’s page, against about 4.6 km in a straight line.

On local services, Korter lists a kindergarten and public schools within 1.5 km, the Maritime Academy and the state university, and within one kilometre a summer open-air cinema, the aquarium, the Dolphinarium and the zoo. It places the Batumi Plaza shopping mall under 1.5 km away. It describes the nearest busy road as 220 m away. None of these is a developer statement, and the guide on Batumi gives the wider city context.

Georgian rules for a foreign buyer: ownership, registry, tax, residence and loans

A foreigner may own an apartment in Georgia on the same legal footing as a citizen. The restricted category is agricultural land, which Article 4 of the Organic Law on Agricultural Land Ownership reserves for the state, municipalities, citizens and certain Georgian entities, and a flat in a city tower is not agricultural land.

Bedroom interior render with floor-to-ceiling curtains

The developer’s FAQ says a person or company from any country may buy, with a passport or ID card. Further background is in can foreigners buy property in Georgia and how to buy property in Georgia.

Article 183 of the Civil Code requires a written transaction and entry of the acquirer’s right in the Public Registry before ownership of an immovable thing passes. The developer’s page describes three steps: signing the agreement, remitting the amount to the company’s current account, and registering at the House of Justice, which it says takes 30 minutes, after which the buyer is the full owner. The FAQ names the Public Registry for the same step.

The registry publishes its own terms: registering a change of right costs GEL 150 in four working days, GEL 270 in one working day and GEL 350 on the day of filing. At GEL 2.5935 per USD those fees are about USD 57.8, 104.1 and 135.0. The developer’s 30 minutes and the registry’s speed tiers are two separate descriptions, and the page does not say which tier the 30 minutes corresponds to.

A buyer abroad has two usual options. The developer says a purchase can be made remotely on a power of attorney. The Hague Conference status table shows that the Apostille Convention has been in force for Georgia since 14 May 2007, so an apostilled document is the usual route. Alternatively, the registry offers registration online through its smart-contract service, with a virtual meeting booked in advance.

Step Who Cost or time Source
Obtain the unit number, area basis, price list and draft contract Buyer, developer Selector shows areas and totals; no contract text is published gumbati.ge project page
Order a Public Registry extract for the plot and, when it exists, the unit Buyer or lawyer, NAPR GEL 20 in one working day, GEL 13 online; GEL 26 extra for English NAPR information fees
Check the cadastral code against the extract Buyer or lawyer Korter and batumi.estate both print 05.23.30.016; not checked against the registry Korter
Sign the written contract Buyer, developer Written form is required by law Civil Code, Art. 183
Transfer the price to the company’s account named in the contract Buyer Terms set in the contract gumbati.ge project page
Register the right in the Public Registry Buyer, NAPR GEL 150 in 4 working days, GEL 270 in 1, GEL 350 on the day of filing NAPR registration fees
Register from abroad if needed Buyer, NAPR Apostilled power of attorney or a booked virtual meeting NAPR smart contract

Turning to tax, Law No. 1874 of 30 September 2026 changed the rules for individuals, and the English text of the Tax Code lists that law in its amendment history.

Article 206(1)(a) exempts a natural person’s taxable property other than land when the family’s income in the preceding year did not exceed GEL 100,000, and the EY Georgia tax and law brief for July to September 2026 gives the earlier limit as GEL 40,000. Above the limit, Article 202(5) sets the rate between 0.8 and 1 percent of the market value at the end of the previous year.

Article 201 covers real estate of an individual including unfinished construction, and whether an off-plan buyer already counts as owner depends on the contract and the registry record. Returns fall due by 1 November and payment by 15 November under Article 205. The Revenue Service page offers a calculator, and the guide to property tax in Georgia explains the filing. Rent and resale are taxed separately, as the table shows.

Item Rule Source
Property tax, individual 0.8 to 1 percent of year-end market value; nothing due if the family’s income in the preceding year did not exceed GEL 100,000; return by 1 November, payment by 15 November Tax Code Arts. 202(5), 205, 206(1)(a)
Rental income, individual 5 percent on residential rent with no deductions Tax Code Art. 81(2)
Sale of a flat Surplus taxed at 5 percent; the surplus on a flat held more than two years is left out of income Tax Code Arts. 81(3), 82(1)(f.a)
VAT 18 percent; the contract states whether a price includes it Tax Code Art. 166
Short-term residence permit Title to non-agricultural property with market value exceeding USD 150,000 equivalent in GEL, set by an accredited assessor SDA residence permits
Investment residence permit Investment, or property with market value, exceeding USD 300,000 equivalent in GEL SDA residence permits
Bank loan limits Loan to value 90 percent (GEL) and 70 percent (foreign currency) NBG PTI and LTV

For residence, the Public Service Development Agency describes a short-term permit for a foreigner with title to non-agricultural property whose market value exceeds USD 150,000 equivalent in lari, established by a certified assessor. The Law on the Legal Status of Aliens and Stateless Persons sets out the same test. It is the assessed value that counts, not the contract price, and a value of exactly USD 150,000 does not exceed the threshold. Application steps are in getting a residence permit in Georgia.

The last table applies those two thresholds and the tax rate to the printed totals of the nine unsold flats. It is arithmetic and not a finding about any flat. The lari amounts use the NBG rate of 13 November 2026. The tax columns assume that the family’s income exceeded GEL 100,000 and that the year-end market value equals the printed total, neither of which the pages can tell.

Floor / flat Printed total USD At GEL 2.5935 per USD Against USD 150,000 Against USD 300,000 0.8% of the lari total GEL 1% of the lari total GEL
6 / 25 219,000 567,976 Above Below 4,544 5,680
10 / 41 267,140 692,828 Above Below 5,543 6,928
10 / 44A 116,280 301,572 Below Below 2,413 3,016
11 / 47 188,885 489,873 Above Below 3,919 4,899
11 / 48 207,385 537,853 Above Below 4,303 5,379
12 / 50 313,575 813,257 Above Above 6,506 8,133
13 / 53 276,450 716,973 Above Below 5,736 7,170
14 / 56 240,680 624,204 Above Below 4,994 6,242
14 / 57 528,000 1,369,368 Above Above 10,955 13,694

Against the printed totals, one flat is below USD 150,000 and eight are above it, two are above USD 300,000, and the assessed value may differ from any of them. These rules are given as published on the dates read. They do not replace a lawyer’s reading of a particular contract, and no developer page should stand in for the registry or the agency.

What to ask for in writing before reserving

The developer’s page and selector print areas, USD totals, a finish list and a service-fee rate. A reservation for a flat in Gumbati Midtown Batumi needs more than that, and each item below is a normal request that a buyer can make before paying a deposit. The list follows from the gaps in the tables above.

  1. A price list dated the day of the offer, with the unit number, floor, area and the exact total for the flat, in the currency of the contract.
  2. The basis on which the area is charged: the area printed in the selector, or an area that includes balconies and terraces, and the later measurement that settles it.
  3. The handover date written into the contract, the definition of handover, and the consequence if it is not met.
  4. The full legal name and registration details of the entity that signs the sale contract and of the owner of the plot.
  5. The building permit and the permit for entry into operation, with the permitted number of storeys, so that the 14 storeys and the 57 or 61 flats can be matched to a document.
  6. A Public Registry extract for the plot and the cadastral code of the unit, checked against the code 05.23.30.016 that two portals print.
  7. How and when the flat is registered as a separate unit, who pays the registry fee and the costs of any later measurement.
  8. The payment schedule: down payment, each instalment and its date, whether the instalment carries any charge, and the effective cost compared with paying in full.
  9. How payments are held and receipted: a company account named in the contract, an escrow, or another arrangement.
  10. What the green frame includes for this flat in the PDF list, and what the buyer must complete, including balcony glazing, floor coverings and sanitary ware.
  11. Which partition material and which facade the permit and the contract describe, since the PDF and the portals name different ones.
  12. The current tariff and the start date of the management company’s service fee, its billing period, and whether the rate applies to the whole area above 100 m².
  13. The current price of the Gumbati Design interior service, if it is wanted, since the PDF figure dates from January 2024.
  14. Whether a mortgage is available for this building with a named bank, and what that bank requires from a non-resident.
  15. The status of the flat if it is shown as reserved, and the written confirmation that a flat shown as available is free on the day of signing.

The answers belong in the contract or in a signed schedule to it, because a web page or a selector can change without notice. The reservation form should be read for the refund terms of the deposit before it is signed. A local lawyer can read the contract and the registry extract on the buyer’s behalf.

How Gumbati Midtown Batumi sits among the other Gumbati projects and nearby Batumi listings

The developer’s current list on gumbati.ge holds five projects, and this site carries a guide for each. The table sets them side by side using only what each developer page prints about location, type and height. Stock, prices and handover differ by project and are covered in each project’s own guide, so they are not compared here.

Gumbati current project Location as the developer prints it Type as the developer prints it Storeys per the developer
Gumbati Midtown Batumi (this page) Batumi city centre, 500 m from the beach Residential building, flats in near-completion condition 14
Gumbati Strada Batumi In the heart of Batumi Mixed-use development with residential and hotel apartments 31
Gumbati Montemar Batumi Gonio, near Batumi Multifunctional hotel-type complex of three blocks 16
Gumbati Portline Batumi Tengiz Makatsaria Street 11, Batumi, 500 m from the coastline Apartments, 309 per the developer’s text 23
Gumbati Boulevard Point Batumi Batumi, 300 m from the Black Sea coast Business apart-hotel with 377 apartments 15

Midtown is the lowest of the five at 14 storeys, and its page describes a residential building with a management company. Strada, Montemar and Boulevard Point are described with hotel, hotel-type or apart-hotel wording on their pages, and Portline is described as a 23-storey development of apartments. The table is a list of facts and not a ranking, and no project is described as better than another.

Other listings in the centre of Batumi from other developers are shown below for context. Their own pages are the source of the figures, and each has its own guide on this site. Prices follow each developer’s wording and are not like-for-like, because finish, floor and handover differ.

Nearby Batumi listing Area Figures from that listing’s guide
NEXT DownTown Batumi Old Batumi Developer NEXT; from USD 161,460; 29.9 to 87.3 m²; status ready
Silk Towers Batumi Old Batumi Developer statement of apartments from USD 95,000; 28.4 to 72.3 m²
Avenue by Orbi Batumi Heroes Alley No developer price; Korter from USD 1,800 per m² (9 Nov 2026); 26 to 73 m²
NEXT Address Batumi Alley of Heroes Studio from USD 68,000 without renovation; 34.8 to 88.1 m²; December 2028
NEXT Magnolia Batumi New Boulevard area Studios from USD 49,000; 31.9 to 86.3 m²; December 2028

For the wider picture there are the Batumi city page, the Georgia country page and the guide to Black Sea coast property in Georgia. Each listing guide in the tables above repeats the same discipline of showing every source with its date.

Gumbati Group (developer)

The developer’s own pages are the only basis for this section. The About page says that the development and construction company Gumbati was established in 1998, first focused on reconstruction and repair, and has been involved in real estate development since 2005. It says that in 2019 the company began offering hotel-type services within its residential properties and that in 2020 it started construction of hotel-type apartments.

It also reports ISO 9001:2015 certification for quality management. The home page shows a statistics block with 15+ development projects and 300+ employed professionals. The privacy policy names the company as Gumbati Group LLC, and the company is based in Batumi. These are the developer’s statements, and no certificate or register extract was reviewed for this guide.

The projects section lists five current projects (Strada, Montemar, Midtown, Boulevard Point and Portline by Gumbati) and nine completed ones: Gumbati Residence, Gateway to the Boulevard, Vere District, Vake Residence, Gumbati in Tamarashvili, Gumbati in Alley, Gumbati in Gorgasali, Subtropic City and Gumbati in Bakuriani.

The pages read name no architect for Midtown and no bank as a partner for it. The developer’s FAQ refers to partner banks without naming them, and no bank page naming the project was found. No ownership information was found in the public sources read, and no hotel brand is associated with Midtown on any page.

Frequently asked questions

Where is Gumbati Midtown Batumi and which district is it in?

Korter and batumi.estate give the address as Vakhtang Gorgasali Street 99 in the Rustaveli district of Batumi, and Realting printed 101 in 2024. The developer calls the setting the city centre near the central park and prints no street address. Only the registry extract for the plot can fix the address.

How many flats are in Gumbati Midtown Batumi?

The developer’s PDF of January 2024 counts 57 apartments with commercial space on the first floor, and Korter repeats 57. The developer’s flat selector lists 61 records on floors 2 to 14 on 13 November 2026. The pages do not explain the difference, so the total is left open.

How many flats are for sale today?

On 13 November 2026 the developer’s selector showed 7 available flats, 2 reserved and 52 sold. Korter says that no apartments are currently available from the developer and lists resale offers. A buyer needs written confirmation from the seller that a given flat is free on the day of signing.

What do the flats cost?

The selector prints USD 116,280 to 313,575 for the seven available flats, between USD 1,500 and 1,900 per m² by calculation. batumi.estate says from USD 2,200 per m² and Korter lists resale offers at USD 1,902 to 2,200 per m². The sources differ, and a dated price list for the chosen flat is the document to ask for.

When will Gumbati Midtown Batumi be handed over?

The developer prints no handover date. Korter gives Q4 2026 and batumi.estate says 2026, while an April 2024 Realting entry says 2025. The date that binds a buyer is the one written into the sale contract, with a definition of handover.

What finish do the flats have?

The developer sells them in a green frame, which it also calls Near-Completion Condition: an iron entrance door, windows, partitions, copper wiring, internet and water set-up, gas pipes, plastered walls, drywall ceiling and floor screed. Interior fit-out is extra. Gumbati Design offered it at USD 30 per m² in January 2024.

Can a foreigner buy a flat here and apply for residence?

A foreigner can own an apartment in Georgia, with the right entered in the Public Registry. The Public Service Development Agency describes a short-term permit for non-agricultural property with an assessed market value exceeding USD 150,000 equivalent in lari. Value is set by an assessor, and exactly USD 150,000 does not exceed the threshold.

What property tax applies?

Since 30 September 2026 the Tax Code exempts an individual’s property other than land when the family’s income in the preceding year did not exceed GEL 100,000. Beyond that line, Article 202(5) allows between 0.8 and 1 percent of the market value at year-end. The return must be filed by 1 November, with payment by 15 November.

Is a mortgage available?

Korter mentions a mortgage option and says to ask the sales office. The developer’s FAQ speaks of partner banks without naming any. The National Bank of Georgia sets loan-to-value limits of 90 percent in lari and 70 percent in foreign currency, and each bank decides on a non-resident applicant.

How far is Gumbati Midtown Batumi from the sea and the airport?

The developer and Korter print 500 m to the sea without a basis, and the nearest mapped coastline point is about 910 m away in a straight line. Korter gives a ten-minute drive to Batumi International Airport, and the straight-line distance is about 4.6 km. Measure the walk from the chosen entrance.

Sources and last check

Last checked: 13 November 2026. Sources:

Straight-line distances, per-flat calculations, instalment and tax illustrations and fee products are calculated from the figures named in the text and are not published prices. This is not legal, tax or financial advice.

  • City Batumi
  • Country Georgia

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Zhamal Abdykozhoeva
  • Zhamal Abdykozhoeva

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Zhamal Abdykozhoeva
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