Demand for apartments in Batumi - Georgia's largest Black Sea resort - rose by 15.8% in the first quarter of 2026 compared with the same period in 2025. The number of apartments sold exceeded 4,000. These figures come from a study by the investment company Galt & Taggart.
Analysts note that strong interest in Batumi real estate persisted through the first three months of 2026, continuing the sales growth trend that emerged at the end of 2025.
The breakdown of transactions is as follows: on the primary market, where housing is sold by construction companies and developers, the number of purchases increased by 21.1%. On the secondary market, that is, sales of property by individual owners, growth amounted to 10.1%.
According to the study, apartments in the New Boulevard area were the most popular in the first quarter - 1,671 apartments were sold there. The average price per square meter in this segment was $1,787.
As for the average price per square meter across the market as a whole, it reached $1,893 in January–March 2026. For comparison, in the first quarter of 2025 this figure stood at $1,742. Prices therefore continue to rise, confirming sustained buyer interest in the Batumi real estate market.
