Buying an Apartment in Batumi — Investment or Residence?
Batumi apartment market: prices per m², daily-rental yield, new projects, and what to verify before buying.
Batumi is Georgia's second-largest real estate market. Sea-view apartments cost up to 1200-2200 dollars per square meter, while away from the city center prices start from 800-1200 dollars.
Short-term rental yield in Batumi
The season (June-September) is a goldmine in Batumi: seaside apartments operate at 90-95% occupancy. Annual income reaches 10-14% of the apartment's price — a higher figure than Tbilisi.
Investment or residence
If you live there most of the year — the center (Old Batumi) is more practical, with its infrastructure. If only in summer — the high-rises of the New Boulevard will give you more income.
What to check before buying
The developer's reputation, the construction permit, utilities in the building, the management company (HOA) and the seasonal load on elevators and parking. sivrce's 3D map shows neighboring buildings and the development to come.
Find your apartment
Verified listings with price estimates and a 3D map — Tbilisi, Batumi, Kutaisi.
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