Montemar
Gumbati GroupGonio
2027 → Q4 2028; exact months unverified. See checked dates, scope and sources.
5.45 / 10
AI ranking score · #14 of 14
Schedule and delay evidence
Checked 5 November 2026 · Three-block residential complex
2027 → Q4 2028; exact months unverified
- Earlier published target
- 2027 · developer brochure, month unspecified
- Latest checked schedule
- Q4 2028 · current portal schedule
Gumbati's brochure gives only the year 2027. Korter now lists Q4 2028 for all three blocks. This supports a later advertised period, but an exact 12-month delay would invent an original month.
Why it ranks #14 of 14
- 2027 → Q4 2028; exact months unverified. See the schedule evidence for comparable dates, scope and checked sources.
- Strongest area: location (7.5 / 10).
- Weakest area: developer (2.9 / 10).
- Starting price of $2,500 per m² is 16% below the median of all ranked projects ($2,961).
- Projected return of 8-12% a year, against a median of 10.0% across the ranked projects.
- 80 m from the sea.
Developer score 4/10, -0.5 delayed, -0.6 for 12 months of delay
Gonio: demand 5/10; 80 m to the sea
Project potential rating, Projected ROI, Amenities, Hotel brand, Management company
Down payment, Installment period, Starting price per m², Starting ticket
High confidence2 source-data inputs are marked as estimates.
Key facts
- Construction
- Under construction
- Schedule
- Delayed
- Completion
- Q4 2028 · current portal schedule
- Earlier published target
- 2027 · developer brochure, month unspecified(est.)
- Schedule change
- 2027 → Q4 2028; exact months unverified
- Delivery condition
- Renovated (Finished and furnished)
- Building permit
- Approval unverified
- Zone
- Gonio
- Distance to sea
- 80 m
- Floors
- 16
- Total units
- 570
- Hotel brand
- None (own hotel, no international brand)
- Management
- Gumbati Management
- Pool
- Yes
- Spa
- Yes
- Restaurants
- Yes
- Parking
- 80
20% down, 80% in installments over 48 months
- Down payment
- 20%
- Installments
- 80%
- Installment period
- 48 months
- At handover
- 0%
- Projected return
- 8-12%
- Rental income split
- 40% operator / 60% owner
Approval unverified. A current project-specific construction permit was not independently verified. Construction activity alone does not establish approval.
Construction approval
Reviewed 5 November 2026 · Building-specific approval
Approval unverified
A current project-specific approval document has not been independently verified. Visible construction is not proof of a valid permit, and missing public documentation is not proof that approval was refused.
Where this information comes from
The information about Montemar is compiled from the public sources below: developer announcements, official news, property portals and press coverage. Last reviewed 2 November 2026. Prices and terms change often, so check them with the developer before you decide.
- Gumbati Group: MontemarDevelopergumbati.ge(opens in a new tab)
- Korter: MontemarListingkorter.ge(opens in a new tab)
- RealEstateBatumi: Montemar by GumbatiListingrealestatebatumi.ge(opens in a new tab)
- REM: MontemarListingen.rem.ge(opens in a new tab)
- Batumi Residence: MontemarListingbatumiresidence.com(opens in a new tab)
Scores use public information and labelled editorial assessments. How the ranking works · Disclaimer
Next to it in the ranking
Montemarfrom $98K