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Subtropic City

Batumi, Downtown, Sherif Khimshiashvili St, 1

AI Investment Summary
41.1
Final score
41.1
60
Liquidity
60
Net yield
2.7%
Capital growth
19.3
ADR
USD 91
Occupancy
61%
Annual net rent
USD 15,154
Primary Strategy: Balanced

Overview

Key benefits: 100m to the sea (first line). 19-storey residential tower (ten entrances). Indoor pool and fitness center. Natural granite entrance finishes.

Location: 1 Sherif Khimshiashvili St, Batumi. Prestigious area near E70 highway, 3 km from airport.

Tech: Monolithic-frame. Tinted glass facade. Digital silent elevators. Energy-saving technologies.

Amenities: Commercial areas on ground floor, landscaped courtyard, indoor pool, fitness center, cafes, shops, guest parking, security, CCTV.

Units: Studios, 1-4-bedroom apartments (49.5–400 m²). Turnkey finish.

Purchase terms: Installment plans.

Project details

Area range· 49.5-400 m²

Construction technology

monolithic-frame

Communications

electricitywaterseweragenatural gas

Elevator

Otis)

Infrastructure

commercial areasclosed arealandscaped courtyard with playgrounds and sports groundsindoor poolfitness centercafesshops

Parking

guest

Security & Safety

security
Layouts
Layouts are not published for this project yet.
Location

<p><strong>Modern Resort &amp; Top Investment Hotspot.</strong><br>The area of the new promenade stretching from the Lighthouse to Ureki beach. It's all about glass-and-steel new buildings, European-style walking paths, bike lanes, and beachfront cafes. The most popular zone for buying studios to rent out.</p><ul><li><p><strong>Pros:</strong> Guaranteed sea views in 90% of properties, modern complexes with pools, the best leisure promenade, massive tourist flow.</p></li><li><p><strong>Cons:</strong> Highest property prices in the city, very dense construction (buildings close together), windy in winter, long elevator queues during peak summer season.</p></li><li><p>✅ <strong>Who it suits:</strong> Mid-to-long-term investors (fastest ROI on rentals), foreign digital nomads, lovers of modern architecture and rooftop terraces.</p></li></ul><p></p>

City
Batumi
District
Downtown
Address
Sherif Khimshiashvili St, 1
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

Subtropic City

Batumi, Downtown, Sherif Khimshiashvili St, 1

Price from
USD 122,166
Price per m²
USD 2,468 / 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
DistrictDowntown
StatusUnder construction