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%). The July 2025 base was lifted by bulk registration of transactions in several projects. This one reading is therefore not a simple forecast of demand.
Batumi registered 1,378 apartment transactions in July 2026, 11.8% below July 2025. Market value was USD 92 million, down 5.2% year-on-year. The result did not repeat the preceding month’s strong growth, but bulk registrations in the base prevent a single clear conclusion.
Transactions in new projects fell 11.1% year-on-year and old-apartment transactions fell 22.4%. By market type, primary transactions fell 32.8%, while secondary transactions grew 19.1%. Recov links the difference to late, bulk registration of transactions in several projects in July 2025.
The weighted average new-build price was USD 1,376 per m², 0.1% below a year earlier. The primary-market average fell 14.4%, while the secondary-market average rose 9.1%. Excluding one high-priced project, Recov says the primary-market price would have risen 2%. Here too, an average does not price a specific flat.
Adjara recorded 621,300 inbound visits in Q2 2026. In the same period, international visits to Georgia fell 4.5% year-on-year and tourist-type visits fell 2.7%. This is context for short-term rentals, not occupancy for a particular building or flat.
The market-wide yield benchmark has not changed. Galt & Taggart’s 2025 review puts Batumi rental yield at 7.4%, after 8.8% in 2024. Recov’s July report does not calculate rental yield. Entry price, occupancy, costs, tax status and exit scenario still need separate checks for a specific property.
Open question: will August registrations confirm the July picture, or will the one-off registration effect change? The next monthly reading, especially for the primary market, is needed to answer.
Recov’s July data shows a weaker year-on-year result, but the base effect does not allow a simple reading. The figures provide context, not a valuation of a specific property.
If you are considering a specific property or district in this context, Partner Estate can check its price and alternatives against your goal.