In April 2026, Batumi’s residential real estate market continued its upward trend. The number of apartment transactions increased by 12.3% year-over-year, reaching 1,292 units, while the market volume grew by 27.4% to USD 85 million. For comparison, 1,165 units were sold in April 2025 and 1,234 in April 2024.
Updated data published on Recov.ge shows that the average weighted price of newly built apartments rose by 11.3%, reaching USD 1,351 per sq.m. Prices increased by 15.2% on the primary market and by 9.4% on the secondary market (noting that delayed registrations on the primary market may distort the visible trend).
Transaction activity also grew significantly. Sales of newly built units increased by 12.3%, while sales of older apartments declined by 5.4%. Transactions rose across both market segments: +13.3% on the primary market and +11.6% on the secondary market.
A notable trend is the sharply rising role of foreign buyers. Their share in both new and old project transactions increased to 47%, with 90% of total transaction growth attributed to foreign purchasers. According to Leo Chikava, Head of Research and Data Services at Colliers Georgia, it is still early to assess the full impact of global developments on Batumi’s market, but foreign buyers clearly play a dominant role, with their share recently fluctuating between 44–47%—and in some months even surpassing local buyers.
