Source:galttaggart.com
Batumi Real Estate Market Reached $ 1.3 Billion in 2025.
According to a report by analytical company Galt & Taggart, Batumi’s residential real estate market returned to growth in 2025 after a decline recorded in 2024.
By the end of the year, the total number of transactions increased in both the primary and secondary markets, reaching 17,478 apartments sold.
By the end of the year, the total number of transactions increased in both the primary and secondary markets, reaching 17,478 apartments sold.
The total volume of Batumi’s real estate market reached $ 1.3 billion, indicating increased buyer activity.
The main drivers were:
— launch of sales in new large-scale development projects
— increased activity in the secondary market due to growing housing supply
Despite the growth, the market has not yet returned to the record levels of 2023.
The main drivers were:
— launch of sales in new large-scale development projects
— increased activity in the secondary market due to growing housing supply
Despite the growth, the market has not yet returned to the record levels of 2023.
According to the report:
— average price in the primary market (December 2025) — $ 1,865 per m²
— in the secondary market — около $ 1,450 per m²
Prices continue to rise, although a divergence between segments is observed:
— primary market: +9.4% YoY
— secondary market: +6.9% YoY
— average price in the primary market (December 2025) — $ 1,865 per m²
— in the secondary market — около $ 1,450 per m²
Prices continue to rise, although a divergence between segments is observed:
— primary market: +9.4% YoY
— secondary market: +6.9% YoY
The highest number of transactions was recorded in:
— New Boulevard — 6,807 units
— Alley of Heroes — 3,993 units
— Old Batumi — 1,727 units
— suburban areas — 1,686 units
— New Boulevard — 6,807 units
— Alley of Heroes — 3,993 units
— Old Batumi — 1,727 units
— suburban areas — 1,686 units
The average rental price in Batumi in 2025 remained almost unchanged about $ 35.6 per night.
However, yields decreased:
— 2024 — 8.8%
— 2025 — 7.4%
Despite the decline, yields remain among the highest for seaside resort markets.
However, yields decreased:
— 2024 — 8.8%
— 2025 — 7.4%
Despite the decline, yields remain among the highest for seaside resort markets.
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