In 2025, Batumi’s residential real estate market reached a historic high.
According to a study by Colliers Georgia, 17,052 transactions were recorded during the year, which is 17% more than the previous year. Market volume increased by 34% and exceeded USD 1 billion.
The key focus is the structure of demand. Approximately 70% of the growth was driven by foreign buyers.
"The growing attractiveness of Adjara for foreign investment, as well as the supply of new high-quality developments, are contributing to significant market growth."
Foreign buyers are actively purchasing on both the primary and secondary markets, with a clear preference for new developments.
"86% of transactions by foreign clients were registered in new projects."
This is directly reflected in pricing. The average price per square meter on the secondary market of new projects reached USD 1,497, while in older housing stock it amounted to USD 1,196. Strengthening demand is naturally accelerating price growth.
It is also important to note the gradual decline in the share of Georgian buyers in new developments. In 2025, their share stood at 51%. The report highlights that the structural shift became noticeable in 2022−2023 amid regional geopolitical changes and increased demand from citizens of Russia and Ukraine.
It is also important to note the gradual decline in the share of Georgian buyers in new developments. In 2025, their share stood at 51%. The report highlights that the structural shift became noticeable in 2022−2023 amid regional geopolitical changes and increased demand from citizens of Russia and Ukraine.