In Kvariati, the development company "Gumbati Group" will open an apartment complex Gumbati Residence in December 2023. The total price for the investment of the project amounts to $10 million.

The facility will have 12 floors and 103 apartments of different sizes, well-appointed beach, lounge, restaurant, volleyball court, open-air cinema, casino, green yard, bungalow and outdoor pool. The project also includes a private, 2-storey underground car park.

About 54% of the apartments have already been sold.According to the company, mainly foreigners express interest in purchasing flats within the project. However, there is also a localsegment that is trying to invest money in a real estate.

"We will have a rental service, which means that a person will receive income from renting apartments. Apartments from the 3rd to the 7th floor are intended for investment, and residential facilities start from the 8th floor.", the company said.