Georgia's Black Sea resort capital, on the Adjara coast near the Turkish border, and the most actively built market in the country. For investors it is an income play rather than an appreciation one.
Fundamentals match the rest of Georgia: full foreign ownership, no purchase tax, 5% flat rental tax for registered individual landlords, registration in days.
The table above covers Batumi city. The coast either side is a separate market with thinner data, so it has no row there even where we list properties.
- Old Batumi, Rustaveli
- Character stock, strongest short-let demand, walkable to restaurants and nightlife.
- Khimshiashvili, Airport
- Most of the modern tower inventory and our largest listing samples.
- Gonio
- South. Newer, quieter, cheaper, better beach. Now a serious market of its own.
- Makhinjauri, Chakvi, Tsikhisdziri
- North. Similar value to Gonio.
- Kobuleti
- Further north, the budget seaside option.
Batumi is not automatically cheaper than Tbilisi. A sea view in a new tower competes with a Vake apartment more often than buyers expect, so compare the two medians before assuming a coastal discount.
Three currencies appear in one purchase: the table above in euro per square metre, developer listings usually in dollars, contracts often in lari. Confirm which a quote is in before comparing two.
- “Starting rate”
- The cheapest low-floor unit facing away from the sea. Sea-view floors cost substantially more.
- Furnishing
- A short-let apartment has to photograph well enough to get booked. Budget it separately.
- Management fees
- An ongoing short-let cost that gross yield figures do not include.
The one thing most sales material glosses over. Batumi earns its income in a concentrated summer. An apartment full at a high August rate can sit empty much of the winter, so an annual return built from peak nightly rates overstates reality by a wide margin.
The yield column above comes from long-term rental listings, which makes it conservative and comparable rather than a marketing number. Short-term letting can beat it with good management, or trail it after fees, vacancy and wear.
- Ask any quoted return
- Gross or net? Short-let or long-let? What occupancy across twelve months? Optimistic projections come apart on those three.
Batumi has Georgia's largest off-plan pipeline, and quality varies more here than anywhere else. Some towers come from groups with a decade of completed buildings, others are a first project with no delivery record.
- Confirm before any deposit
- That the developer owns the land, that a building permit exists, whether either carries a mortgage, and what the company has completed before. All four are public record; a brochure is not evidence of any of them.
Georgia's registry is genuinely open, which is the strongest protection a foreign buyer has here. A cadastral code gives you the legal owner, any mortgage or seizure, and whether the boundaries match what is being sold. You can run it on any Georgian property, including ones you found elsewhere.
New to the market? Start with our step-by-step guide on how to buy property in Georgia as a foreigner, covering the process, costs, taxes, and the residence permit rules.
Still choosing a market? Compare Dubai, Tbilisi and Batumi using dated price evidence and your own purchase-cost assumptions.
Already looking at a specific property? Check its cadastral code against the public registry for free, or see current medians in the Georgia Property Price Index.
How much does an apartment in Batumi cost?+
€1,536 per square metre citywide as of September 2026, across 382 live listings. Old Batumi and Rustaveli sit above that, Bagrationi and the Airport area below.
Can foreigners buy property in Batumi?+
Yes. Foreign citizens buy apartments in Batumi with full ownership rights, no residency requirement, and no purchase tax. Only agricultural land is restricted for foreign individuals, which does not affect city apartments.
Is Batumi cheaper than Tbilisi?+
Not reliably. Batumi's citywide median sits close to Tbilisi's and at times above it, because it has proportionally more new tower stock. Compare both district tables rather than assuming a coastal discount.
What rental income can a Batumi apartment generate?+
Roughly 7 to 9 percent by district, from long-term rental listings. Gross yield is annual rent over asking price, before costs, vacancy and tax. Peak-season short letting can beat that, but income concentrates in summer, so an annual figure extrapolated from August rates is overstated.
