According to Recov, Batumi registered 1,235 apartment transactions in August (−4.3% year-on-year). Market value was USD 81 million (+2.9%). Several projects registered transactions in bulk in August 2025, lifting the primary-market base. The annual change is therefore not a direct forecast of price or demand.
Batumi registered 1,235 apartment transactions in August, 4.3% below a year earlier. Market value nevertheless grew 2.9% to USD 81 million. Foreign buyers represented 52% of transactions in old and new projects.
Transactions in new projects fell 6.3%, while old-apartment transactions rose 31.4%. Primary transactions declined 24.2% and secondary transactions grew 15.1%. Recov links the difference to bulk registrations in several projects in August 2025.
The weighted average new-build price was USD 1,386 per m² (+1.2% year-on-year). The primary-market figure fell 16.3%, while the secondary-market figure rose 12.8%. Excluding one high-priced project, the primary-market average would have risen 1.2%.
Foreign buyers represented 52% of transactions in old and new projects. The figure shows Batumi’s reliance on international demand. It is not a forecast of sale speed or rent for a specific building.
The market-wide yield benchmark has not changed. Galt & Taggart’s 2025 review puts Batumi at 7.4%, after 8.8% in 2024. Recov’s August report does not calculate yield. Apartment price, occupancy, costs and taxes still need separate checks.
Open question: will the next release confirm that most of the primary-market decline is a base effect? September transactions, especially in new projects, are needed to answer it.
Recov’s August data shows fewer transactions, but bulk registrations in 2025 complicate the comparison. The figure is market context, not a valuation of a particular apartment.
If you are considering a property in this context, its price and competing options need separate checks.