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Boulevard Point

Batumi, Airport, Zgvispiris St, 1b

AI Investment Summary
62.4
Final score
62.4
60
Liquidity
60
Net yield
10.9%
Capital growth
39.3
ADR
USD 91
Occupancy
60%
Annual net rent
USD 14,906
Primary Strategy: Rent Core

Overview

Boulevard Point by Gumbati Group is a 15-storey business apart-hotel project on Batumi’s New Boulevard, located about 300 meters from the Black Sea coast. The project includes 377 apartments in studio, one-bedroom, and two-bedroom formats, with underground and above-ground parking, an isolated territory, and hotel-style services.

Boulevard Point is positioned as an investment-oriented Batumi real estate project with turnkey apartments, complete renovation, furniture, and appliances included. Public materials highlight a starting price from $1,550 per m², 20% initial contribution, internal interest-free installment options, and a projected annual return model.

The project offers resort and business infrastructure, including an outdoor pool, spa center, café, restaurant, yard, coworking area, multifunctional reception, security, concierge, cleaning, laundry / dry cleaning, and apartment rental management. Owners can participate in a managed rental system, while the management company handles rental operations and supports the project infrastructure.

With its New Boulevard location, 300-meter distance to the sea, turnkey format, parking, hotel services, and rental management model, Boulevard Point is suitable for buyers looking for seaside apartments in Batumi, vacation use, and income-oriented real estate investment.

Boulevard Point Key benefits: 300m to the sea. 16-storey aparthotel-style complex. Rooftop terrace with swimming pool and spa. Concierge service.

Location: 1b Zgvispiris St, Batumi. Central district near airport, 300m from beach and Seaside Park, 10 min from airport, 20 min from Europe Square.

Tech: Monolithic-frame. Wood panel accents. Floor-to-ceiling windows. Open glass balconies. Mitsubishi elevators.

Amenities: Rooftop terrace, open-air swimming pool, spa center, bar, cafe, lounge area, garden, children's playground, sports playground, underground parking for 106 cars, surface parking, 24/7 security, CCTV, concierge, reception.

Units: Studios, 1-2-bedroom apartments (24–92.5 m²). Ceilings 3m.

Finishes: green frame or turnkey. Purchase terms: Property management for rental and maintenance.

Project details

Sales status· availableArea range· 24-92.5 m²

Communications

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Location

<p><strong>Transport Hub &amp; High-Growth Potential Zone.</strong><br>Located north of Batumi, surrounding the international airport and Heroes' Alley. A rapidly developing area with modern residential complexes and logistics centers emerging alongside new infrastructure. Buyers come here for affordable entry prices and strong upside potential.</p><ul><li><p><strong>Pros:</strong> Most convenient transport interchange (10 min to the center, 5 min to the highway and Turkish border), walking distance to the beach (pebble), 20-40% cheaper than Downtown, high capitalization potential due to upcoming urban renewal, large local market and shopping mall nearby.</p></li><li><p><strong>Cons:</strong> Occasional aircraft noise (not intrusive, but audible), summer traffic jams toward the Turkish border, currently fewer premium cafes/parks compared to the city center.</p></li><li><p>✅ <strong>Who it suits:</strong> Early-stage investors looking for the next growth hotspot, frequent flyers who value minutes to the terminal, budget-conscious buyers wanting a new-build near the sea without the premium price tag, car owners and business travelers.</p></li></ul><p></p>

City
Batumi
District
Airport
Address
Zgvispiris St, 1b
Gumbati Group is a Georgian construction and development company founded in 1998. Public company profiles describe it as one of Batumi’s established developers, with activity spanning residential, commercial, and infrastructure projects and a long operating history in the city. The stronger-scoring projects include Gumbati Residence and Vakhtang Gorgasali St, 128-134, which stand out for their location and investment profile. The portfolio is focused on liquid Batumi locations such as the Khimshiashvili corridor, Old Batumi, and central Batumi. This makes the developer especially relevant for buyers comparing investment potential, liquidity and long-term resale value.
79
Developer score
79
Established
1998
Projects
6 active · 6 completed

Request offer

Boulevard Point

Batumi, Airport, Zgvispiris St, 1b

Price from
USD 37,200
Price per m²
USD 1,550 / m²

Financing

Mortgage

Bank

TBC Bank

Terms

Mortgage available; down payment from 25%

Installment from developer

Provider

Gumbati Group

Terms

Internal installment up to 48 months; down payment from 25%

DeveloperGumbati Group
DistrictAirport
StatusUnder construction