The typical Batumi apartment is bought by someone who will spend a couple of weeks a year in it. In the first half of 2026, Georgian citizens bought about a third of the city's apartments and foreigners the rest[1].

If you're buying in Batumi, choosing an area starts with two questions. Who will live in the apartment while you're away? And who will you eventually sell it to? A square meter in Old Batumi costs almost twice as much as in the inner districts, but the most expensive area is not the one where apartments are easiest to sell.

Where most Batumi apartments are sold

In Q2 2026, 4,168 apartments were sold in Batumi, four in ten of them on New Boulevard. Together with Heroes' Alley, the two areas accounted for almost two-thirds of all sales.

A square meter in Gonio and Kvariati costs a quarter more than on New Boulevard, but only one apartment sells there for every 20 on New Boulevard.

Sales and price per square meter by Batumi area, Q2 2026

The chart shows prices for completed new-build apartments as of June 2026. Resale apartments and units in buildings still under construction cost less per square meter.

Old Batumi: the highest prices and little supply

A square meter in Old Batumi costs 1.8 times as much as on New Boulevard. The area also sees noticeably fewer sales than the neighboring central districts. Apartments around Piazza, Europe Square and the Old Boulevard rarely come up for sale, and there are few new projects in the historic center. Most of the housing stock dates from the late 19th and 20th centuries.

On the plus side, demand for housing in Old Batumi depends less on the beach season, because offices, shops and restaurants in the center stay open all year.

Older buildings often lack an elevator and have wooden floor beams rather than concrete slabs, and parking nearby is hard to find. If you're paying for a view of the sea or the square, find out what can be built on the neighboring plots. In Batumi, high-rises often spring up right next to historic blocks.

New Boulevard and Heroes' Alley: towers, aparthotels and tough competition

Fifteen years ago, New Boulevard was an empty stretch of shoreline. Today, 30- to 50-story towers rise along the seafront and Sherif Khimshiashvili Street, and more apartments change hands here than anywhere else in Batumi. The area around Heroes' Alley, the boulevard along Zhiuli Shartava Street that runs down to the beach, comes second. It's just as densely built up, and prices there are about 20% higher than on New Boulevard.

Both areas are dominated by aparthotels run by management companies, and most of the units sold in them are studios of 25–35 m². Orbi City is the best known of dozens of similar complexes in the city. Owners hand their apartments over to the management company, which rents them out by the night and keeps a share of the income. The size of that share is set out in the management contract, so read it before you buy.

Studio owners compete with hundreds of identical units in the neighboring towers. Guests choose on price, which keeps rates under pressure. In Q2 2026, the average nightly rate for a rental apartment in Batumi was $34.60, down from $36.10 a year earlier[1].

Among comparable studios, the best performers are in completed, lived-in buildings with a sea view that no new tower next door can block. Check, too, whether the management company sends clear reports. Not everyone will want to live here year-round, since courtyards are cramped and parking is scarce.

Makhinjauri and Green Cape: less crowded than the center

Makhinjauri appeals to buyers who find New Boulevard too densely built. The area lies in the north of Batumi, about 15 minutes' drive from the center, next to the Botanical Garden and Green Cape. A square meter here costs about 10% more than on New Boulevard, even though the area sees only a fifth as many sales.

Since the bypass road opened, the area has had less through traffic. Shops, cafes and everyday services are still scarce, though, and living in Makhinjauri without a car is inconvenient. That narrows the pool of tenants, who are mostly families and visitors arriving by car.

Gonio and Kvariati: clean sea and a thin market

Gonio and Kvariati have the second-highest price per square meter of any Batumi area, even though they are resort villages 15–20 minutes' drive south of the center. Buyers are paying for the sea. The water is cleaner than at the city beaches, the hillsides are green, and international hotel chains line the seafront.

In Q2 2026, Gonio and Kvariati recorded 83 sales, compared with 1,664 on New Boulevard, so finding a buyer when you want to resell can take a long time. Because this is a resort area, short-term rental income also comes mostly in summer.

Inner districts and Boni-Gorodok: where locals buy

The inner districts include Boni-Gorodok and other neighborhoods farther from the sea. Prices there are the lowest in the city, about 7% below those on New Boulevard. Most buyers are Batumi residents rather than foreigners.

The stock is mostly resale apartments in Soviet-era buildings. They're usually let to locals on long-term leases, and that income is largely unaffected by the tourist season. The sea is too far to walk to, though, so these apartments do poorly as short-term holiday rentals.

Resale or new-build in Batumi

A completed apartment on Batumi's resale market is almost a quarter cheaper than a new-build. In June 2026, developers charged an average of $1,960 per square meter, compared with $1,497 on the resale market[1]. Over the year, new-build prices rose 9.8% and resale prices 6.5%.

Resale housing in Batumi comes in two kinds. One is apartments in Soviet-era buildings in the inner districts and Old Batumi. The other is studios in towers built in the 2010s on New Boulevard and around Khimshiashvili Street, which early investors are now selling. If you're buying a studio in a tower, find out how the management company operates and how much the unit earned in previous seasons. It's a good sign if the seller can show you the reports. In a Soviet-era building, the condition of the structure and the utilities matters more.

Most foreigners, however, buy off-plan. Developers offer installment plans, a square meter in an unfinished building is cheaper, and aparthotel units are usually sold fully finished and furnished. The risk is that Batumi is building more than it can sell. At the end of 2025, developers still had at least 12,400 unsold apartments, 14% more than a year earlier[2]. With that much stock, construction can drag on, and once the building is finished, your studio will be one of hundreds just like it.

Before buying off-plan, check the building permit and look at the projects the developer has already completed. Make sure, too, that your contract is registered with the Public Registry.

Paying installments from abroad

Batumi developers expect payment by bank transfer, usually in US dollars, from an account held by the buyer named in the contract. Georgian property can't be paid for directly in crypto, so if your money is in USDT, each installment needs a separate exchange. It helps to keep the exchange receipts together with the payment schedule.

GeCrypto's office is in Tbilisi, but people use our service to buy apartments all over Georgia, Batumi included. A separate article explains how a property purchase works through a crypto exchange service. After each exchange, the money arrives in your account at TBC Bank, Bank of Georgia or another major Georgian bank, and from there you send the next installment to the developer.

FAQ

Can foreigners buy an apartment in Batumi?

Yes. Foreigners of any nationality buy apartments in Georgia on the same terms as Georgian citizens; restrictions apply only to agricultural land. Ownership is registered with the Public Registry. Paying for the apartment doesn't require a Georgian passport either: licensed exchange services verify your identity with a foreign passport, so foreigners can exchange crypto in Georgia too.

How much does a studio or one-bedroom apartment cost in Batumi?

A 30 m² studio in a new-build costs an average of $54,000 on New Boulevard and $97,000 in Old Batumi. A 40–45 m² one-bedroom apartment on New Boulevard comes to about 72,000–81,000. Similar apartments cost less on the resale market.

Can buying a studio in Batumi get me a residence permit?

No. To qualify for a residence permit through property, you need real estate worth more than $150,000, almost three times the average price of a studio on New Boulevard.

Will apartment prices in Batumi keep rising?

Forecasts for 2026 projected a 4–6% rise in Batumi prices[2]. By June, new-build prices were already almost 10% higher than a year earlier. That pace will be hard to sustain[1].

[1] Galt & Taggart, Batumi Residential Real Estate, Q2 2026.
[2] Galt & Taggart, Batumi Residential Real Estate: 2025 review and 2026 outlook.