As of March 2023, the number of transactions of residential flats in Batumi has increased by 16% up to 1,399 units. The market size has increased by 32% standing at USD 63 million, - according to the real estate market website recov.ge.
In March 2023, the weighted average price of newly-built flats in Batumi increased by 20% equaling USD 909 per sq m, while the figure for old flats recorded a 12% increase up to USD 702 per sq m.
As of March 2023, the number of transactions of residential flats in Batumi has increased by 16% up to 1,399 units. The market size has increased by 32% standing at USD 63 millions.
