Batumi real estate market data 2026
Prices, rents, seasonality, buyers and new supply in Batumi — each figure with its publisher and date. These are public third-party market data, not Covalent Bond figures.
Last updated: · Author: Hasan Shhade
Price per m² by district
2025 · US$ per m²- Batumi, city average
- $1,865Galt & Taggart · 2025
- Old Batumi
- $3,028Galt & Taggart · 2025
- New Boulevard Area
- $1,761Galt & Taggart · 2025
- Gonio–Kvariati
- $2,048Galt & Taggart · 2025
- Makhinjauri
- $1,854Galt & Taggart · 2025
Average turnkey apartment price in 2025, from registered transactions (NAPR) and Galt & Taggart research — not listing asking prices. District names follow Galt & Taggart. Source: Galt & Taggart, Batumi Residential Real Estate — Quarterly Market Watch, 6 Mar 2026.
Rents and daily rates
2025- Average daily rate, Airbnb
- $35.6per night · up to 2 bedrooms · Galt & Taggart · 2025
- Monthly rent, Old Batumi
- $10.9per m² · Galt & Taggart · 2025
- Monthly rent, New Boulevard Area
- $10.3per m² · Galt & Taggart · 2025
Average daily rate and monthly rents are 2025 figures from Galt & Taggart, based on AirDNA and Numbeo data; monthly rents are district averages. Source: Galt & Taggart, Batumi Residential Real Estate — Quarterly Market Watch, 6 Mar 2026.
Hotel occupancy by month
| Month | Occupancy, 2024 |
|---|---|
| Jan | 37% |
| Feb | 38% |
| Mar | 39% |
| Apr | 49% |
| May | 51% |
| Jun | 66% |
| Jul | 80% |
| Aug | 80% |
| Sep | 67% |
| Oct | 58% |
| Nov | 52% |
| Dec | 48% |
Occupancy of selected hotels in Batumi, 2024; full-year average 55.4%. Source: Galt & Taggart, Tourism Market Watch 4Q24, Figure 18.
- Branded-hotel occupancy, Q1 2025
- 59.9%Georgian National Tourism Administration, STR data · Q1 2025
Source: Georgian National Tourism Administration, Statistical Overview of Georgian Tourism, Q1 2025, citing STR Global.
Who buys in Batumi
2025 · share of apartment sales- Foreign buyers, all nationalities
- 52%Galt & Taggart developer survey · 2025
- Georgia
- 48%Galt & Taggart developer survey · 2025
- Israel
- 13%Galt & Taggart developer survey · 2025
- European Union
- 13%Galt & Taggart developer survey · 2025
- Ukraine, Russia, Belarus
- 11%Galt & Taggart developer survey · 2025
- Turkey
- 3%Galt & Taggart developer survey · 2025
- Central Asia
- 3%Galt & Taggart developer survey · 2025
Survey of developers with over 30 ongoing projects in Batumi, conducted January 2026; shares by number of apartments sold, rounded by the source (other nationalities make up the balance). Source: Galt & Taggart, Batumi Residential Real Estate — Quarterly Market Watch, 6 Mar 2026, Figure 8.
New supply pipeline
Apartments in ongoing projects- Due 2025–29, all Batumi
- c. 58,000apartments · Galt & Taggart · Oct 2025
- of which investment apartments
- 46,300apartments · Galt & Taggart · Oct 2025
- New Boulevard Area
- 22,430apartments · Galt & Taggart · Oct 2025
- Makhinjauri
- 5,932apartments · Galt & Taggart · Oct 2025
- Gonio–Kvariati
- 3,871apartments · Galt & Taggart · Oct 2025
- Old Batumi
- 3,331apartments · Galt & Taggart · Oct 2025
- Apartments sold in Batumi, 2025
- 17,478NAPR, Galt & Taggart · 2025
- Unsold, surveyed developers
- c. 12,400end-2025 · Galt & Taggart survey
Pipeline: Galt & Taggart, Real Estate Trends in Batumi, October 2025 (GNERC, Municipal Services Development Agency, Galt & Taggart). Sales and unsold stock: Galt & Taggart, Batumi Residential Real Estate — Quarterly Market Watch, 6 Mar 2026.
Batumi market questions
What is the average price per m² for an apartment in Batumi?
Galt & Taggart puts the average turnkey apartment price in Batumi at $1,865 per m² in 2025, from $1,761 in the New Boulevard Area to $3,028 in Old Batumi (Batumi Residential Real Estate — Quarterly Market Watch, 6 March 2026). These are transaction-based averages, not listing asking prices.
When is the high season in Batumi?
July and August. Occupancy of selected hotels in Batumi reached 80% in both months of 2024 and was lowest in January at 37%, according to Galt & Taggart's Tourism Market Watch 4Q24.
How many Batumi apartment buyers are foreign?
In Galt & Taggart's January 2026 survey of Batumi developers, foreign buyers accounted for 52% of apartment sales in 2025. Israel and the European Union were the largest foreign groups, at 13% each.
How much new housing is being built in Batumi?
Galt & Taggart counts about 58,000 apartments in ongoing projects due over 2025–2029, of which about 46,300 are investment apartments. The largest share, 22,430 apartments, is in the New Boulevard Area (Real Estate Trends in Batumi, October 2025).
These are third-party market figures, reproduced with attribution. They are not Covalent Bond projections, returns or offers, and past market performance is not a guide to future results.
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