Under construction
$2,391per m²
Montemar by Gumbati, photo 1Price from
$104,490US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.$2,785 per m²
pricier than 75% of city projects: +16%Data verified Aug 8, 2026 · price source: developer partner network · updated 2 mo. ago
- Properties
- Condominium
- Area
- 32 - 163 m²
- Bedrooms
- 1 - 3
- Completion
- Q4 2028
- Readiness
- Under construction
- Dry season
- May, Apr, Jul
- First instalment
- 20%
Price
Is this expensive for the city
$2,785 per m², Batumi median $2,391
Median $2,391This project $2,785
$1,055$8,505
+16% vs the city median (Batumi), sample of 23 projects. pricier than 75% 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
- 20%Step 1 · On contract$20,898
- 93%Step 2 · Before commissioning$97,176
- 7%Step 3 · After transfer$7,314
- Total
- $104,490
The developer may revise the payment schedule. Confirm the current terms before the deal.
ROI Calculator
$52,245$791,694
$100$1,600
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
- $318
- Annual income
- $3,820
- Gross yield
- 5.5%
- Net yield
- 3.7%
- Value in 5 years
- $139,831
- 5-year ROI
- 52%
See calculation details
- Gross annual rent
- $5,700
- Common area fee
- -$810
- Tax (10%)
- -$570
- Agent commission
- -$500
- Net annual income
- $3,820
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 2028
- Status
- Under construction
- Area
- 32 - 163 m²
Description
Gumbati is building Montemar by Gumbati in Batumi, in the Autonomous Republic of Adjara. The project is under construction, with completion scheduled for December 2028.
Layouts range from 1 to 3 bedrooms, with areas from 32.4 to 162.9 square meters. This spread covers compact units as well as larger layouts suited to more space.
Prices start at 104,490 USD and go up to 659,745 USD, with a price per square meter of 2,785 USD.
The developer, Gumbati, is carrying out construction through to the December 2028 completion date, and units are being sold ahead of that date while building work continues.
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≈ $104,490Rate 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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