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Strada by Gumbati, New Boulevard Batumi

43 Sherif Khimshiashvili Street, Batumi, Adjara, Georgia
Q4 2029
Handover
28.8 m²
From size
Studio, 1–2 Bedroom
Layouts
New Boulevard, Batumi, Batumi · Studio, 1–2 Bedroom · from 28.8 m² · handover Q4 2029 · starting at 61,320USD

About the project

Strada by Gumbati is a pair of 31-floor towers at 43 Sherif Khimshiashvili Street in Batumi, 100 metres from the seaside. The aquapark is 170 metres away, the New Boulevard and a shopping centre 350 metres, and the airport two kilometres.

The towers combine two kinds of home. Up to the 21st floor the apartments are residential, for people who want to live there; above that they are hotel-type apartments with VRF heating and cooling, run by Gumbati's own management company for owners who want an income. The towers have a ventilated façade, aluminium windows and doors, glass railings and lifts from OTIS, KONE or Mitsubishi, with a reception, round-the-clock service and security, and a landscaped courtyard laid out in zones.

Every apartment can be bought in one of three states: premium frame, renovated, or turnkey and furnished, with Standard, Deluxe and Lux interior packages. Gumbati sells with 25% down and the balance in equal monthly instalments, interest-free, until the spring of 2030, and completion is planned for the fourth quarter of 2029.

  • Location 43 Sherif Khimshiashvili Street, Batumi, 100 m from the sea
  • Towers two, of 31 floors
  • Mix residences to floor 21, hotel-type apartments above
  • Finish premium frame, renovated or turnkey
  • Handover fourth quarter of 2029

Direct-to-developer access via Palmera — no buyer commission, full Palmera support from selection through handover, in your language.

Additional details

Detail Value
Developer Gumbati Group
Location New Boulevard, Batumi, Batumi
Unit types Studio, 1–2 Bedroom
Handover Q4 2029

Investment & payment plan

Freehold
Ownership
Oct 2029
Handover
Premium frame · Renovated · Turnkey
Finishing

Unit types & pricing

TypeSizePrice from
Studio Apartment28.8–45.6 m²61,320USD
1-Bedroom Apartment59.1–77.8 m²123,000USD
2-Bedroom Apartment93.6–111.4 m²192,800USD

Payment plan

25% down, 45 months interest-free
  • 25%Down paymentAt contract
  • 75%Monthly instalments45 equal payments, 0% interest

Interest-free developer payment plan. Final figures are confirmed in the Sale & Purchase Agreement.

The developer

Gumbati Group
Almost three decades of building in Georgia.
Gumbati Group has worked in construction since 1998 and in property development since 2005, and has built more than 1,000,000 m² of residential and commercial space. It has completed fifteen projects in Batumi, Tbilisi and Bakuriani, built two Olympic-standard stadiums and educational and cultural buildings, and restored heritage buildings. Gumbati is ISO 9001:2015 certified and a member of FIABCI, the International Real Estate Federation, and since 2019 it has run hotel-type services in its own buildings.
1998Founded1B Vazha-Pshavela Street, Batumi, GeorgiaHeadquarters15 completed projects, among them Boulevard Gate, Subtropic City, Gumbati on the Alley, Vake Residence, Vere District and the Olympic Complex.Projects delivered
View Gumbati Group

About Batumi

Georgia's Black Sea resort capital — branded beachfront living on the Adjara coast.

Batumi is the seaside capital of Adjara and Georgia's leading resort city, a fast-growing strip of the Black Sea coast where palm-lined boulevards, a historic Old Town and a wall of new towers meet the beach. The city drew around 2.6 million international visitors in 2025 — Georgia's second-most-visited destination after Tbilisi — and that tourism flow underpins one of the region's most active short-let markets. For foreign buyers the appeal is unusually direct: Georgia grants 100% freehold ownership of apartments to any nationality, with no residency requirement to purchase, title registered in a day or two, and a 5% flat tax on residential rental income. Branded beachfront supply — Radisson, Wyndham and similar hospitality-managed residences along the Gonio first line — is still limited, and a qualifying purchase from USD 150,000 opens a renewable residence permit. Off-plan turnkey homes start well under USD 100,000.
~7%Rental yieldBatumi State UniversityNearbyBatumi Navigation Teaching UniversityNearbyBatumi International Airport (BUS) · ~15 minDrive time
Explore Batumi

Location

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