Batumi entered the top 5 European tourist destinations on the European Best Destinations portal, taking 5th place among 20 popular places in Europe, along with Marbella, Monaco, Malta and Geneva.
The capital of Adjara offers a variety of tourism: relaxing beach holidays, nightlife, casinos, family holidays, an active lifestyle and gastronomic pleasures.
Steady growth is expected over the next 6 years, with minor periods of slowdown due to geopolitical and economic events in the world.Prices will grow by at least 10-15% per year.
In the first quarter of 2024, the average weighted price of new apartments in Batumi increased by 5%, reaching USD $ 945 per square meter, while the the price of old apartments decreased by 6%, to to USD $ 685 per square meter.
The Georgian real estate market is at the stage of its formation
Top 5 Most Popular Tourist Destinations in Europe
average real estate yield