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%). June recorded 1,468 transactions (+8.2%). New-build average price reached USD 1,455 per m², but Recov itself notes late registrations and several expensive deals. The figure cannot therefore be applied mechanically to one apartment.
Batumi recorded 7,838 apartment transactions in H1 2026, up 11.4% year-on-year. Market value grew 29% to USD 507 million. Growth continued in June: 1,468 transactions (+8.2%) and USD 100 million (+28.2%). Activity is real, but it does not imply equal growth across every building and district.
In June, the weighted average new-build price was USD 1,455 per m², up 22.6% year-on-year. The primary market drove the increase (+30.4%). Recov explicitly notes late primary registrations and several sales in expensive projects that lifted the figure. The monthly number is therefore not an automatic price trend.
In June, transactions in new projects rose 11.6%, while old-apartment transactions fell 26.4%. By market type, secondary transactions grew 24.5% and primary transactions fell 0.8%. Foreign buyers represented 47% of old and new project transactions and accounted for 87% of their growth. The headline increase hides very different segment dynamics.
Galt & Taggart’s 2025 review puts Batumi rental yield at 7.4%, after 8.8% in 2024. Recov’s June report does not calculate rental yield, so there is no newer market-wide benchmark. Entry price, occupancy, costs, tax and exit scenario still need separate checks for a specific property.
The main conclusion has not changed: the market is active, but a headline number does not value a specific property. June pricing is sensitive to registration timing and the mix of sold units, so entry price, alternatives and direct building competition still need separate checks.
Open question: will the USD 1,455 per m² level be confirmed in the next months, or is it a temporary effect of late registrations and expensive projects? The answer needs July and August registered transactions, especially in the primary market.
Recov data helps read the market. A recommendation still comes only after checking the specific building, legal status, price, costs and exit scenario.
If you are considering a specific apartment or district in light of the new Recov data, Partner Estate can assess it under realistic scenarios.