Investment bank Galt & Taggart reports that 4,168 apartments were sold in Batumi in the second quarter of 2026 — up 3.7% from the same period a year earlier. Demand remains firm on both the primary and secondary markets, even as analysts flag risks that could cool price growth later.
Prices on both markets
Average asking levels moved higher again. On the primary market, the mean price reached about $1,960 per square metre, up 10% year on year. On the secondary market it stood at roughly $1,497 per square metre, a 6.5% increase.
Growth in completed sales on both segments underlines how active the coastal city’s housing trade still is for locals and foreign buyers alike.
Supply and rental yields
Analysts caution that the recent pace of price increases, a large volume of new construction, and softer rental yields could put pressure on how prices form going forward. For now, housing demand stays high, but the risk of excess supply remains on the watch list.
Who is buying
Georgian citizens accounted for 33% of buyers — a lower share than in earlier periods. About 18% of deals involved citizens of Ukraine, Russia, and Belarus. Residents of Europe took 15%, Israel 10%, the Middle East 7%, and Turkey 5%.
