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Partner Estate
Why Batumi

Batumi — a coastal market with seasonal demand

Tourism, foreign-buyer demand and growing supply — a market where every property needs a separate calculation.

Tourism and foreign-buyer demand matter in Batumi, while supply continues to grow. According to Galt & Taggart, rental yield fell from 8.8% in 2024 to 7.4% in 2025. An advertised percentage is not enough: the building, operator, floor, payment schedule and resale plan change the result.

−4.3%

Batumi apartment transactions YoY — 1,235 flats in August 2026 (Recov)

7.4%

Rental yield benchmark in 2025, down from 8.8% in 2024 (Galt & Taggart)

52%

Foreign-buyer share in old and new projects, August 2026 (Recov)

Batumi by zone

The Batumi market, zone by zone.

Zones follow the Galt & Taggart research map, not municipal borders. Prices are averages for finished new-build flats on the primary market. They describe a zone, not a building.

Zone borders are approximate and follow the Galt & Taggart scheme.

Average price, finished new-builds, $/m²

  • above 2,000
  • 1,750–2,000
  • below 1,750
Map of Batumi market zonesBlack SeaBatumi

Other Galt & Taggart groups

These are research groupings, not neighbourhoods. They are shown for completeness.

ZonesSales, flatsAverage price, $/m²Average monthly rent, $/m²
Inner areaBlocks behind the coastal strip — a research grouping, not a neighbourhood.422$1,672$10.6
PeripheryParts of the city further from the sea — a research grouping, not a neighbourhood.360$1,744$10.6
KobuletiSeparate municipality, included for comparison only.167$1,731no data

International recognition

Batumi's World Travel Awards recognition helps the city stay visible to international visitors and developers. It is useful context, not investment proof. For a buyer, the harder questions remain the same: which district has real demand outside the peak months, which building has professional management, and what happens if supply grows faster than rent.

Yield, price growth and transaction volume

According to Recov, Batumi recorded 1,235 apartment transactions in August 2026, down 4.3% year-on-year. Monthly market value was USD 81 million (+2.9%), and foreign buyers represented 52% of transactions in old and new projects. The year-on-year comparison needs care: several projects recorded transactions in bulk in August 2025, lifting the base. The market is active, but the month does not establish a uniform direction for every segment.

Recov’s August weighted average for new builds was USD 1,386 per m², up 1.2% year-on-year. The primary-market figure fell 16.3%, while the secondary-market figure rose 12.8%. Recov attributes the primary-market comparison to one high-priced project; excluding it, the primary-market average would have risen 1.2%. This is a reminder that a monthly average is not a direct valuation for one flat.

Galt & Taggart tracks rental yield compression from 8.8% in 2024 to 7.4% in 2025. Short-term rental can still work, but not as a category-level promise. The calculation has to include occupancy outside peak months, cleaning, platform fees, management, maintenance, taxes, and the operator contract.

New housing supply

Galt & Taggart’s January 2026 developer survey covered more than 30 projects, representing about 40% of Batumi’s primary market. In that sample, roughly 12,400 apartments remained for sale in 2025, up 13.9% year-on-year. This is not a count of all unsold apartments in the city. For a purchase decision, check competing projects and their expected completion dates separately.

Tax needs a separate check

A Georgian resident may be able to use the 1% small-business regime for short-term rental if annual turnover stays below GEL 500,000. The 5% residential-rental regime and tax on a later sale depend on the property’s legal status and how it is used. A favourable tax regime does not remove vacancy, operator or resale risk.

Sources

Last reviewed · 30 September 2026