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New Boulevard Batumi
Strada
Under construction · FoundationEstimated occupancy: Summer 2030
New Boulevard Batumi · Batumi
A well-connected urban investment by Gumbati Group
Strada is a 31-floor mixed-use complex by Gumbati Group at 39 Sherif Khimshiashvili Street, in Batumi's fast-developing southern stretch. It is under construction at foundation stage, with completion planned for Summer 2030.
Be clear-eyed about what this is: a well-connected urban investment, not a seafront resort. The draw is the location's everyday infrastructure: Grand Mall, the stadium, Carrefour, schools and hospitals nearby, and about 3 kilometers to Batumi International Airport.
The building
31 floors with 12 apartments per floor: two one-bedrooms, one two-bedroom, and the rest studios. The specification includes a ventilated facade, aluminum doors and windows, glass railings, OTIS, KONE or Mitsubishi elevators, and VRF climate systems from Daikin or Mitsubishi. Heating is gas on floors 1 to 10 and split systems above.
Pricing
Studios start from $54,000 per the developer's published list, with renovation-ready and turnkey options higher. Indicative pricing runs roughly $1,870 to $2,550 per square meter depending on finish and floor, per the developer's materials. Confirm the current price list before reserving.
The developer
Gumbati Group has been building in Batumi since 1998, with more than a million square meters delivered by its own account, ISO 9001:2015 certification, and its own materials production. Strada is its flagship statement in the city center; the company positions its Gonio project Montemar as the next step: Strada is Batumi today, Montemar is where Batumi is heading.
Features
Residential
Hotel
Gallery
Location
New Boulevard Batumi · Batumi, Georgia · 39 Sherif Khimshiashvili St, Batumi
Payment structure
Down payment: 25% per the developer's currently published plan (earlier materials cite 30%), then interest-free installments to completion, roughly 48 to 50 months. Confirm the current schedule for your unit.
Bank financing: Bank of Georgia is the project's bank partner. Under Georgian regulation, bank financing activates only once the elevators are installed; at the current foundation stage the developer installment plan applies.
Specification
Finish and construction levels
Three finish levels: Premium (white frame plus cosmetic finish and plumbing), Lux (painted walls, plumbing, kitchen and fitted bathroom), and Turnkey. Unit sizes: studio 28.8 square meters, one-bedroom 59.1, two-bedroom 93.6, with 3-meter ceilings after renovation and air conditioning in every unit.
Income
Management and income split
Hotel-type management is available through Gumbati's in-house property-management division. Confirm the current management terms with the developer before relying on them.
Gumbati Group
Gumbati Group was founded in 1998 and was among the first companies to start large-scale construction in Batumi, beginning in reconstruction and repair before moving into residential and commercial development from 2005. By its own account it has built more than 1,000,000 square meters over roughly 26 years, employs around 300 people, holds ISO 9001:2015 certification, produces its own building materials, and has built two Olympic-standard stadiums. It has offered hotel services in residential projects since 2019 and apart-hotels since 2020, with in-house interiors (Gumbati Art), design, and property-management divisions. It builds across Batumi, Gonio and Kvariati; projects include Strada, Montemar, Gumbati Residence, Black Sea Towers, Portline, Boulevard Point and Midtown. Headline figures are the company's own.
Visit developer website1998
Year founded
Founded 1998, among Batumi's first large-scale builders1,000,000+ m² builtISO 9001:2015 certified2 Olympic-standard stadiums builtIn-house materials production and property management
