Poti’s real estate market is entering a new stage of development, with growing interest from developers driven by the city’s logistics potential and expanding tourism opportunities. According to Poti Realtor founder Sopho Grdzelidze, the approval of the city’s master plan could become a major turning point and trigger larger-scale construction activity.
Currently, around 10 construction projects are underway in Poti, while two residential projects have already been completed. The market is still in a transitional phase, with mostly smaller five-story residential buildings under development, but larger projects, including high-rise apartments and aparthotels, are planned along the Maltakva coastal area.
Grdzelidze says investors are waiting for the approval of Poti’s general development plan, which will define future construction opportunities both in Maltakva and across the city. She notes that current restrictions on high-rise construction limit development potential, and many investors are assessing what types of projects will be permitted under the new plan.
Although Poti has not experienced the same construction boom as Tbilisi and Batumi, developer interest has increased significantly in recent years, accompanied by rising property prices. Apartment prices currently range from $750–$1,000 per square meter in the primary market and $700–$850 per square meter in the secondary market.
