How Much Capital Do You Need to Start Investing in Batumi Real Estate in 2026?

From March 1, 2026, the investment threshold for obtaining a Georgian Residence Permit is expected to increase to $150,000. This news radically changes the strategy for those viewing apartment purchases as a pathway to legalization. The "entry ticket" for residency is becoming more expensive, which will automatically drive demand for the premium segment.

In parallel, the market is being purged of unreliable developers. Real estate prices are projected to grow by 10–15% annually. This is not a speculative spike, but the result of infrastructure development: new roads, the Gonio marina, and the gentrification of suburbs are transforming the region into a year-round resort rather than just a seasonal location.

Many buyers still search online for options in the $15,000 – $20,000 range. It is crucial to understand: in 2026, liquid real estate is not sold for these prices in Batumi. Such listings are either marketing gimmicks, stalled construction projects (long-term delays), or properties located far in the mountains without utilities. Let's look at real budgets.

Economy Segment: Starting from $35,000 – $40,000

This is the absolute minimum for entry if your goal is to buy an apartment in Batumi with potential, rather than a headache. For this amount ($35k–40k), you can count on a small studio (25–30 m²) in "Black Frame" condition in a building under construction on the periphery of the New Boulevard or in the airport district.

When buying such a property, you must budget at least another $15,000 – $20,000 for renovation and furnishing, as renting out "bare walls" is impossible. Investments in Batumi in this segment suit those willing to wait 1.5–2 years for construction completion and who are not counting on immediate returns.

Comfort and Business Class: From $60,000 – $80,000

This is the "sweet spot" for an investor. In the $60,000 – $80,000 range, you can purchase full-fledged apartments in complexes with developed infrastructure (pool, reception, spa). Often, these are options with "Turnkey" finishing or in a high-quality "White Frame."

Such properties are located on the first or second coastline (Sherif Khimshiashvili St., Heroes' Alley area) and enjoy maximum demand from tourists. It is here that achieving a rental yield of 12–14% per annum is realistic.

Elite Real Estate and Residence Permits: From $150,000

A segment for those who value privacy, 5-star service, and plan to obtain a Residence Permit. The cost of Batumi apartments in premium skyscrapers (branded residences of global hotel chains) starts from $2,500–$3,000 per m².

A budget from $150,000 unlocks access to exclusive lots with panoramic sea views, which will never depreciate due to their unique location. This is not just passive income, but a status asset that grants the right to residency under the new 2026 regulations.

The price per square meter in Batumi is a composite determined by three factors.

Location. The first coastline will always cost 30–40% more than a similar building across the road. However, it is the "first line" that guarantees occupancy during the off-season.

Construction Stage. Buying at the "excavation" (off-plan) stage allows you to save up to 20–30% of the final price. However, risks are higher here, and entering such deals without a professional developer audit is dangerous.

Handover Condition.

• Black Frame: Only concrete walls (cheap, but requires a lengthy renovation).
• White Frame: Utilities installed, screed floor, plastered walls (optimal for custom design).
• Turnkey: With furniture and appliances (a ready-made business, can be rented out the next day).