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10,883 Apartments Sold in Batumi in 2026 — Galt & Taggart
In the first 8 months of 2026, 10,883 apartments were sold in Batumi, representing a 3.6% increase compared to the previous year. Secondary market sales, reflecting real-time dynamics, rose by 11.8% year-on-year to 5,459 apartments.
Primary market sales, affected by registration delays, decreased by 3.6% year-on-year to 5,424 apartments.
According to research by Galt & Taggart, in August 2026, the average price per square metre on the primary market (for completed apartments) reached 1,986 US dollars, up 11.2% year-on-year. Meanwhile, in new projects on the secondary market, the average price grew by 7.0% year-on-year to 1,614 US dollars.
The Galt & Taggart study shows that across the first 8 months of 2026, the highest sales volume in Batumi's residential real estate market was recorded on New Boulevard — 4,417 apartments, with an average sale price of 1,798 US dollars per 1 square metre. In second place by transaction volume is Alley of Heroes, with 2,485 apartments sold and an average price of 2,255 US dollars.
The highest average sale price was recorded in Old Batumi, reaching 3,224 US dollars per square metre, although sales volume stood at 839 apartments. In Gonio-Kvariati, the average price reached 2,657 dollars, with 196 apartments sold.
In other districts, average prices were relatively lower: in Makhinjauri — 1,998 dollars (779 sales), in the inner city — 1,749 dollars (1,138 sales), and on the periphery — 1,735 dollars (1,029 sales).
As for the Kobuleti municipality, 401 apartments were sold, with an average price per square metre of 1,734 dollars.
In summary, the organization notes that throughout the 8 months of 2026, demand in Batumi remained strong. Sales increased across both the primary and secondary markets. Growth was driven by the launch of large-scale new projects and heightened demand from both local and foreign buyers, reflecting the market's investment appeal and increased developer marketing activity. Prices continued to climb in both primary and secondary markets, widening the price gap between them. On the other hand, in recent years, the average daily rental rate (ADR) has remained largely flat, leading to a decline in average rental yield.