Market Notes.
Source-backed short notes: what changed, what stayed the same and which question remains open.
Market Note · August 20265 min
July transactions fell. The comparison still needs caution.
According to Recov, Batumi registered 1,378 apartment transactions in July (−11.8% year-on-year), while market value was USD 92 million (−5.2%).
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Market Note · July 20267 min
Batumi: June growth, but price data needs caution.
New Recov data shows 7,838 Batumi apartment sales in H1 2026 (+11.4% year-on-year) and market value of USD 507 million (+29%).
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Market Note · June 20265 min
The market grew in May, but its segments moved differently.
Recov data for May shows Batumi transactions up 2.5% and market value up 22.2%.
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Market Note · May 20266 min
The Ministry: aparthotels are commercial.
Under the Ministry of Finance clarification, an apartment within hotel infrastructure may be treated as commercial property.
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