Batumi real estate market — prices, rental yield and trend
- Average price: $1,450 / m²
- Gross rental yield: 8.36%
- Net rental yield: 7.94%
- Transaction cost: 4.9%
- Price basis: local-market average
Residential property in Batumi averages $1,450 per square metre. That makes it the 54th most expensive of the 59 markets in the set.
What a buyer pays in Batumi
The $1,450 figure is a local-market average across all residential property types: a flat in a prime district sits well above it, an older unit on the edge of the market well below. Buying costs — transfer tax or stamp duty, notary, registration and agency — come to about 4.9% of the price here. On a 100 m² apartment at the average price that is roughly $7,105 on top of the $145,000 purchase price. That is below the 9.1% median across the set, which shortens the time it takes for a purchase to break even.
What it earns
A square metre lets for about $10.1 a month. Against a purchase price of $1,450 per square metre that is 8.4% gross, before tax. Both figures come from the same source and the same period, so you can check the arithmetic yourself. It ranks 7th of 55 markets by gross yield. Rental income is taxed at 5–20% — the rate is not a single number here. That is the difference between 6.7% and 7.9% net on the same property. The 7.9% net figure we publish uses 5%.
How the tax works. 5% of the gross rent when an individual lets residential property and claims no expenses, which is the usual choice; the alternative net-basis regime at Georgia's general 20% income-tax rate is the upper end of the band. Non-resident eligibility for the 5% regime rests on Georgian practitioner sources rather than the primary text of the Tax Code. Source: PwC Georgia.
Who can buy in Batumi
Full ownership of residential and non-agricultural land. That is the rule a foreign buyer meets first, not legal advice — check the current position locally before you commit.
How this figure is built
The price figure for Batumi is built from asking prices from listings. It was last refreshed on 2026-09-14. We rate our confidence in this market’s data medium: the series is usable, but thinner or less current than our best-covered markets. We recompute every market the same way, which is what lets Batumi be compared with a country average or another city.
Sources: Galt and Taggart Batumi Residential Real Estate 2025 Review and 2026 Outlook · ramad.bog.ge · homesoverseas.ru · eva-estate.com · investor.ge. Snapshot: 2026-09-14.
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