Batumi
Black Sea riviera; summer-dominant resort; casino hub; rapidly developing waterfront
* Exchange rates shown for illustration only, based on ECB mid-market rate. Actual transactions may be subject to conversion fees.
Local STR Rules — Batumi
No city-level STR ordinance; resort city; summer-dominant market; verify with local authorities
Market Analysis — Batumi
Key demand drivers and main investment risks
✅Demand Drivers
- •Black Sea resort demand
- •festivals/events
- •expanding hospitality ecosystem
- •compact units tailored for rental
⚠️Key Risks
- •Oversupply overhang in investment apartments
- •occupancy dilution
- •GEL FX
- •political risk
- •seasonality
🇮🇱 Notes for Israeli investors
Israel explicitly named among foreign-demand sources; Hebrew-facing Batumi investor marketing and legal services easy to find
Properties in Batumi
438 for sale·239 for rent
Properties for Sale in Batumi
Latest Listings
Showing 1–12 of 50 listings
2-Bed Apartment · 57 m² in Khimshiashvili District
2-Bed Apartment · 48 m² in Khimshiashvili District
1-Bed Studio · 30.7 m² in Rustaveli District
2-Bed Apartment in Rustaveli District
2-Bed Apartment · 48 m² in Airport District
2-Bed Studio · 33 m² in Rustaveli District
4-Bed Apartment · 84 m² in Agmashenebeli District
3-Bed Apartment · 59 m² in Rustaveli District
2-Bed Studio · 33 m² in Khimshiashvili District
3-Bed Apartment · 116 m² in Tamar Settlement
4-Bed Apartment · 102 m² in Rustaveli District
1-Bed Studio · 30 m² in Tamar Settlement
Yield by Neighborhood — Batumi
Microzone investment comparison — CASABROVA
| Neighborhood | Price/m² | STR Yield | STR Status | Character |
|---|---|---|---|---|
| Adlia / Airport District | ₾3,184–₾4,140 (₪3,490–₪4,537) | 6%–8% | N/A | |
| New Boulevard / New Batumi new buildcompactrental | ₾3,184–₾4,140 (₪3,490–₪4,537) | 6%–7.5% | STR Permitted 🟢 No STR ordinance; low-regulation | Compact investor units; modern new-builds; rental-oriented stock |
| Kvariati | ₾3,184–₾4,140 (₪3,490–₪4,537) | 6%–8% | N/A | |
| Old Batumi / Boulevard premiumboulevardseafront | ₾3,503–₾4,776 (₪3,839–₪5,235) | 6%–8% | STR Permitted 🟢 No STR ordinance; low-regulation | |
| Boni-Gorodok / Aghmashenebeli Belt | ₾3,184–₾4,140 (₪3,490–₪4,537) | 6%–8% | N/A | The inland market-and-transport quarter around the central bazaar, the city's value play: Soviet-era stock plus infill new builds at the lowest entry prices in Batumi proper. Suits long-let strategies serving the local and relocation-worker population rather than STR; a deliberate yield/diversification counterweight to the seafront belt. |
| Gonio | ₾3,184–₾4,140 (₪3,490–₪4,537) | 6%–8% | N/A | |
| Inner Batumi liquidurbandiverse | ₾2,866–₾3,821 (₪3,141–₪4,188) | 6%–8% | STR Permitted 🟢 No STR ordinance; low-regulation | |
| Makhinjauri | ₾3,184–₾4,140 (₪3,490–₪4,537) | 6%–8% | N/A |
Yield and price ranges are internal AI-research estimates from public real-estate portals (Tranio, Investropa, Globes, etc.), refreshed quarterly. Not primary-source data.
Investment Areas in Batumi
Adlia / Airport District
Price from ₾3,184/m² (₪3,490/m²)
New Boulevard / New Batumi
Compact investor units; modern new-builds; rental-oriented stock
Price from ₾3,184/m² (₪3,490/m²)
Kvariati
Price from ₾3,184/m² (₪3,490/m²)
Old Batumi / Boulevard
Price from ₾3,503/m² (₪3,839/m²)
Boni-Gorodok / Aghmashenebeli Belt
The inland market-and-transport quarter around the central bazaar, the city's value play: Soviet-era stock plus infill new builds at the lowest entry prices in Batumi proper. Suits long-let strategies serving the local and relocation-worker population rather than STR; a deliberate yield/diversification counterweight to the seafront belt.
Price from ₾3,184/m² (₪3,490/m²)
Gonio
Price from ₾3,184/m² (₪3,490/m²)
Inner Batumi
Price from ₾2,866/m² (₪3,141/m²)
Makhinjauri
Price from ₾3,184/m² (₪3,490/m²)
Market Review — Batumi
Batumi is Georgia's Black Sea resort city and one of CASABROVA's highest-yielding markets. Batumi real estate is quoted in US dollars (the de-facto local convention), at roughly $500–1,500/m² (≈ €1,000–1,300/m²) depending on location, making it one of the most affordable coastal markets globally. STR gross yields run 9–14% during the May–October season, driven by regional tourism from neighboring markets, Turkey, and the Middle East.
Georgia's 0% acquisition tax, income-tested annual property tax (up to 1% for higher income bands), and flat 5% income tax on rental earnings create one of the most tax-efficient investment environments in CASABROVA's coverage. No restrictions on foreign ownership. The regulatory environment is landlord-friendly with minimal tenant protections.
Key considerations: Batumi has VERY HIGH bubble risk — speculative construction driven by foreign capital has created oversupply concerns. Winter occupancy drops sharply, making annual yields heavily season-dependent. The local currency is the lari (GEL); while purchase prices are dollar-denominated, rental income and operating costs are partly in GEL, which has weakened materially against the USD over the past decade — a currency factor foreign investors should account for. This is a high-yield/high-risk play — not suitable for conservative portfolios.
Last updated: June 20, 2026
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