Under construction
$2,391per m²
MIDTOWN by Gumbati, photo 1Price from
$251,620US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.$2,200 per m²
cheaper than 55% of city projects: -8%Data verified Aug 8, 2026 · price source: developer partner network · updated 2 mo. ago
- Properties
- Condominium
- Area
- 109 - 240 m²
- Bedrooms
- 1 - 3
- Completion
- Q4 2026
- Readiness
- Under construction
- Dry season
- May, Apr, Jul
- First instalment
- 30%
Price
Is this expensive for the city
$2,200 per m², Batumi median $2,391
Median $2,391This project $2,200
$1,055$8,505
-8% vs the city median (Batumi), sample of 23 projects. cheaper than 55% of city projects.
Rate as of 2026-10-14, city data updated 2026-10-14. Prices converted to US dollars at the quote-date rate. Source: Housebook catalogue. The scale is logarithmic.
The cost of this project
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What it really costs
Payment plan
- 30%Step 1 · On contract$75,486
- 70%Step 2 · Before commissioning$176,134
- Total
- 100% · $251,620
The developer may revise the payment schedule. Confirm the current terms before the deal.
ROI Calculator
$125,810$633,600
$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.
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%
See calculation details
- Gross annual rent
- $14,820
- Common area fee
- -$810
- Tax (10%)
- -$1,482
- Agent commission
- -$1,300
- Net annual income
- $11,228
Read moreCollapse
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
| Month | Temperature, °C | Rainfall, mm |
|---|---|---|
| Jan | -0.6 | 115 |
| Feb | 0.6 | 87 |
| Mar | 3.9 | 96 |
| Apr | 8.3 | 68 |
| May | 13.6 | 61 |
| Jun | 17.6 | 70 |
| Jul | 20.1 | 68 |
| Aug | 20.9 | 72 |
| Sep | 17.6 | 121 |
| Oct | 12.9 | 140 |
| Nov | 6.7 | 139 |
| Dec | 1.6 | 127 |
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.
Price in your currency
Rate: 1 USD = 1 USD≈ $251,620Rate as of 2026-10-14
Denominated in USD - a natural hedge against a weakening USD.
Sources: exchangerate-api.com
Location
Batumi, Georgia
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