Batumi is a dynamically developing real estate market on the coast of the Black Sea and the capital of Adjara.
The city is located between the picturesque mountains of Adjara and the Black Sea, providing a comfortable climate in the summer and opportunities for winter sports. The largest Georgian developers offer quality properties, attracting international operators for management.
Batumi has entered the top 5 European tourist destinations on the European Best Destinations portal, ranking 5th among 20 popular places in Europe, alongside Marbella, Monaco, Malta, and Geneva. It is the winner of the World Travel Awards 2024 in the category of "Best Year-Round Tourist Destination in Europe."
In the vicinity of Batumi, there are unique nature reserves:
— Botanical Garden
— Mtirala
— Kintirshi
— Waterfalls and beaches with magnetic black sands in Shekvetili and Ureki
The city is famous for its modern architecture, European-style construction, luxurious hotels, and cozy cafes. Here, the sea, mountains, architectural masterpieces, ancient monasteries, picturesque lakes, and charming villages harmoniously coexist.
The capital of Adjara offers various types of tourism: serene beach holidays, nightlife entertainment, casinos, family recreation, active lifestyles, and gastronomic delights.
Stable growth is expected over the next 7 years, with minor periods of slowdown due to geopolitical and economic events in the world. Prices are projected to increase by at least 10−15% per year.
The features of the country’s terrain also influence the cost. Currently, there are not many plots left on the first coastline, and demand is steadily growing, which is why the price per square meter in such properties is rising particularly quickly.
In the first quarter of 2025, the weighted average price of new buildings in Batumi increased by 14.4%, reaching $ 1189 per m². For older apartments, the rate rose by 8.8%, reaching $ 1,099 per square meter.
average
real estate yield
*According to the National Statistics Office of Georgia
*Data: Georgian National Tourism Administration
On average, the cost of real estate in Georgia increases by 80−100% from the time of purchase at the foundation stage to the commissioning of the project, which takes an average of 3−4 years.