Batumi: Where and How to Buy a Profitable Apartment by the Sea

Apartment prices in Batumi increase by an average of 8–12% per year, and demand remains strong even during the off-season. The city is developing rapidly, with new residential complexes, roads, schools, and seaside promenades under construction.

Another advantage is affordability. Compared to Europe or Russia, the price per square meter is significantly lower. You can buy a seaside apartment starting from $900 per m², while comfortable central apartments cost around $1,200–1,600 per m² for a frame.

In addition, the property purchase process in Georgia is extremely simple — transactions take just 1–2 days, and the title deed can be registered remotely via power of attorney.

City Center and Old Town.
This area offers prestigious developments with sea views, cafes, restaurants, and cultural landmarks. It’s ideal for both permanent living and short-term rentals.

Seaside Area (New Boulevard).
The most sought-after district among investors. Apartments with panoramic sea views appreciate rapidly and enjoy high demand from tourists.

Airport Districts.
A great choice for those seeking affordable apartments in Batumi. These neighborhoods feature actively developing residential complexes with full infrastructure and convenient access to the city.

Batumi Suburbs (Chakvi, Gonio, Kvariati).
Perfect for those who value peace and privacy while staying close to the city center.

Prices vary depending on location, property type, and stage of construction:

• Studios and one-bedroom apartments in new developments — from $45,000.
• One-bedroom apartments with sea views — from $65,000.
• Premium-class apartments on the first coastline — from $100,000 and up.
• Many developers offer interest-free installment plans for up to 2–3 years, making purchases especially convenient for foreign buyers.

Purchasing real estate abroad requires careful attention to legal details. Here are a few key recommendations:

• Verify the property’s legal status and the developer’s documentation.
• Never make payments without an official purchase agreement.
• Work with a licensed real estate agency in Batumi that cooperates with reputable developers.

A professional agency will help you select properties based on your goals — for living, vacationing, or investment — and will handle the entire transaction process.

Many buyers consider apartments not only for personal use but also as a source of passive income. The tourist flow in Batumi grows every year, and the average rental yield reaches 7–10% annually.

If you choose the right location and property type, an apartment can pay for itself within 8–10 years — especially when managed by a professional property management company.