Invest in Batumi, capital of the Georgian Riviera
Batumi is Georgia's second city and its leading seaside resort. Each year it welcomes more than 3 million visitors. The new-build market delivers some of Europe's highest rental yields.
Population and demographics
Batumi has around 170,000 permanent residents. The city also hosts a large Turkish, Ukrainian, Israeli and Iranian diaspora. In summer the population doubles with holidaymakers.
Main economic activities
Seaside tourism drives nearly 40% of the local economy. Casinos, the deep-water port and free zones anchor the rest. Construction employs about 15,000 people directly.
Places of worship and religious life
The Orthodox Cathedral of the Mother of God rises in the center. Orta Jame mosque serves the Sunni Muslim community. A historical synagogue and a Catholic church complete the picture.
Air and road access
Batumi International Airport sits 15 minutes from the center. Direct flights link Istanbul, Tel Aviv, Kyiv, Dubai and Warsaw. The S1 highway reaches Tbilisi in 5 hours. Night buses run to Trabzon and Yerevan.
Tourism and leisure
The Boulevard runs 7 kilometers along the sea. Visitors enjoy the beach, the Argo cable car and the botanical garden. Casinos such as Peace, Shangri La and Iveria draw regional clientele.
Average real estate prices in Batumi
Standard new apartments sell for $1,200 to $1,800 per m². Premium seafront residences reach $2,500 to $4,000 per m². Five-star branded residences exceed $5,000 per m².
Main real estate developers
Next Property, Alliance Group, Orbi Group and Wyndham Residences lead the new-build market. They offer interest-free installments up to 60 months. Many projects carry international hotel brands.
Market & lifestyle
Batumi real estate market
Batumi's new-build market is dominated by hotel residences and seafront towers. More than 30,000 units are under construction. International investors make up nearly 60% of buyers.
Average prices
Standard new-build sells for $1,200 to $1,800 per m². Premium seafront reaches $2,500 to $4,000 per m². Five-star branded residences exceed $5,000 per m².
Districts of Batumi
The New Boulevard concentrates premium seafront stock. The Old Boulevard offers historic charm. Khimshiashvili and Makhinjauri deliver more accessible entry prices.
Estimated rental yield
Short-term rental in season yields 10 to 14% gross. Long-term rental sits between 7 and 9%. Professional management is essential to smooth seasonality.
Urban transport
About twenty bus lines cross the center. Bolt taxis are very cheap. A train station reaches Tbilisi in 5 hours and a port serves Turkey.
Schools
Batumi International School, British International School of Batumi and several bilingual public schools welcome international families. Shota Rustaveli University has 15,000 students.
Hospitals
Batumi Republican Hospital and Medina private clinic cover most needs. Several Turkish and Israeli clinics have recently opened. Emergency services run 24/7.
Pros
Accessible entry prices, mild taxation, high Airbnb yields, direct access to Turkey and Israel, Georgian residency from $150,000.
Cons
Strong seasonality, tower density that affects views, mostly foreign market so more volatile, active rental management required.
Explore the districts
The New Boulevard is Batumi's new seafront. It concentrates 4 and 5-star branded residences and premium beachfront projects.
The Old Boulevard runs through Batumi's historic center. It concentrates bars, restaurants, casinos and museums.
Makhinjauri extends Batumi to the north. It attracts investors chasing beachfront at a lower price than the New Boulevard.
Our selected projects in Batumi
New Batumi projects are coming soon. Contact us for early access.