Batumi New Construction Prices in 2026

The average price per square meter in new buildings on the New Boulevard and Khimshiashvili areas ranges from $1,200 to $1,600 for white-frame apartments.

In more prestigious locations — Rustaveli Avenue and the Old Town — prices reach $1,800–$3,500 per square meter. These properties typically offer panoramic sea views and are within walking distance of the beach and city landmarks.

The cost of a new apartment is determined by more than just location. Building height, available amenities, and quality of construction play a major role. The higher the floor, the higher the price — especially for sea-facing units.

In complexes featuring a swimming pool, gym, and 24/7 security, the price per square meter can be 10–20% higher, but such properties are also in greater demand for short- and long-term rentals.

New Boulevard — the area with the most modern residential complexes. New business-class developments are actively under construction here, and several major projects are expected to be completed by 2026. Prices start at $1,300 per square meter in new buildings.

Khimshiashvili — a more affordable zone, particularly for properties located away from the first coastline. Here, prices begin at $1,200 per square meter.

Rustaveli Avenue and the Old Town — Batumi’s most prestigious districts. Historic architecture, proximity to the sea, and developed infrastructure make these areas highly desirable — and correspondingly more expensive. Prices start from $1,800 and can reach $3,500 per square meter for premium locations with sea views.

Many buyers are surprised that a shell-and-core apartment in a new building can be more expensive than a fully renovated resale property. The reason is simple: the quality of older housing stock in Batumi often leaves much to be desired.

Modern buildings are constructed according to updated standards, equipped with elevators, parking, and reliable utilities. Moreover, buying in a new development allows you to choose the floor, layout, and view — and finish the apartment to your taste, often saving on renovation costs.

Experts forecast that demand for apartments in Batumi will remain strong in 2026, particularly from foreign buyers. The city continues to expand its tourism infrastructure — with new roads, promenades, and attractions — making its real estate market increasingly attractive for investors.

Property prices are expected to rise by 5–10% per year, especially in coastal areas and the New Boulevard district.

Purchasing real estate in Batumi is not only a way to own a home by the sea but also a smart investment. Buying during the construction phase allows you to lock in a lower price, and once the building is completed, you can sell or rent the property for profit.

To avoid mistakes, it’s essential to work with an experienced realtor who understands the local market and can recommend a reliable developer. A professional agency will guide you through every step — verifying documents, handling legal matters, and ensuring a safe and transparent transaction without overpayment.