MIDTOWN by Gumbati

Batumi, Georgia

1 / 7

Price from

$251,620

US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.

$2,200 / m²

cheaper than 55% of city projects

-8% vs the city median (Batumi), sample of 23 projects

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Data verified Aug 8, 2026price source: developer partner networkupdated 2 mo. ago

Properties

Condominium

Area

109 - 240 m²

Bedrooms

1 - 3

Completion

Q4 2026

Readiness

Under construction

Dry season

May, Apr, Jul

Is this expensive for the city

$2,200per m²cheaper than 55% of city projects

Median $2,391
$1,055$8,505

-8% vs the city median (Batumi), sample of 23 projects

Rate as of 2026-10-12, city data updated 2026-10-12. Prices converted to US dollars at the quote-date rate. Source: Housebook catalogue.

The cost of this project

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What it really costs

Payment plan

  1. Step 1

    On contract

    30%

    $75,486

  2. Step 2

    Before commissioning

    70%

    $176,134

Total100%$251,620

The developer may revise the payment schedule. Confirm the current terms before the deal.

ROI Calculator

$250$3,800

A 6% annual yield estimate. We do not have market rental rates for this city yet. Check the real rate with your agent.

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40%100%
0%20%
Monthly income

$936

Annual income

$11,228

Gross yield

5.9%

Net yield

4.5%

Value in 5 years

$336,724

5-year ROI

56%

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Calculations are estimates based on average market data. Actual returns may vary. This is not financial advice.

When is the season here

Driest months: May, Apr, Jul

Wettest months: Oct, Nov, Dec

Dry months per year: 6. A month counts as dry when its rainfall is below the annual median of monthly rainfall.

Rainfall, mm per monthTemperature, °C
Show monthly table
Monthly climate normal: temperature and rainfall
MonthTemperature, °CRainfall, mm
Jan-0.6115
Feb0.687
Mar3.996
Apr8.368
May13.661
Jun17.670
Jul20.168
Aug20.972
Sep17.6121
Oct12.9140
Nov6.7139
Dec1.6127

Source: NASA POWER, climate normal (2001-2020). Grid node 41.6, 41.6. This is a multi-year normal, not a weather forecast.

About the project

Properties

Condominium

Completion

Q4 2026

Status

Under construction

Area

109 - 240 m²

Description

MIDTOWN by Gumbati is under construction in Batumi, in the Autonomous Republic of Adjara, with completion set for December 2026. The developer is Gumbati.

The building offers units with one, two and three bedrooms, with areas ranging from 109.4 to 240 square meters. Prices start at 251,620 US dollars and go up to 528,000 US dollars, with a price per square meter of 2,200 US dollars.

The spread of areas means the building covers both compact one-bedroom units and larger three-bedroom layouts suited to bigger households. The project is located in Batumi, the administrative center of Adjara, in Georgia.

This description was prepared with the help of artificial intelligence from developer data and public sources. Please check key figures and terms with our adviser.

Location

Batumi, Georgia

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