Batumi’s residential real estate market continued its upward trend in the second quarter of 2025, building on the rebound seen in the first quarter. Both the primary and secondary markets saw solid performance, with cumulative sales in the first half of 2025 rising by 13.1% year-on-year in the primary market and 23.4% in the secondary market, according to research by Galt & Taggart. These figures also reflect a favorable comparison base from the previous year.

Sales Activity:

In 2Q25, apartment sales in Batumi totaled 4,018 units, marking a 9.5% year-on-year increase, based on data from the Public Registry.

• Secondary market sales surged 23.4% y/y, indicating strong real-time demand.

• Primary market sales, which are often delayed due to registration lags, declined slightly by -0.5% y/y.

However, real-time data from developer surveys indicates that primary market activity is stronger than official registry figures suggest, with a 13.1% y/y increase in sales during 2Q25. As a result, cumulative primary market sales for the first half of 2025 were up a significant 37.3% y/y.

Price and Rental Trends:

Prices in both markets continued to climb, with primary market prices rising 2.7% quarter-on-quarter. On the rental side, the average monthly rent for a 50–60 sq.m. apartment in Batumi reached $11.9 per sq.m. in June 2025, representing a 1.6% y/y increase. High rental yields relative to peer cities remain a key attraction for investors.

Overall, Batumi’s residential real estate market remains buoyant, underpinned by strong demand, rising prices, and healthy rental returns.