How much does a seafront apartment in Batumi cost in 2026

Beachfront near New Boulevard — $2,200–2,800 per m². These are finished buildings with sea views, security and infrastructure inside the complex.

Second and third row from the sea (Tamar Mepe Avenue, Khimshiashvili St.) — $1,300–1,700 per m². The gap with the beachfront can reach 40%, while the walk to the beach is still just 5–8 minutes.

Residential districts (Angisa, Khakaberi, Boni Town) — $900–1,200 per m². Mostly locals live here; long-term rentals are stable, but daily-rental income is lower.

At the foundation stage, a square metre is 20–30% cheaper than a finished unit, and a developer's instalment plan lets you enter with 20% of the price. By completion, the property usually gains 15–25% in value.

A renovated and furnished resale unit generates income right away, with no waiting. It's the choice for buyers investing in rentals who don't want to risk construction delays.

First — a "sea view" that a new building on the neighbouring plot may block within a year. Always check the zoning and permits for adjacent plots.

Second — floor area measured on the outer perimeter. In Georgia, sellers often include part of the walls and common areas in the sold square metres, so the real living area can be 8–12% smaller than advertised.

Price per square metre in Batumi depends directly on proximity to the sea and the district's status: from $900 in residential districts to $2,800 on the New Boulevard beachfront.

Across the city, the $900–2,800 per m² range covers almost the whole market — from budget apartments for locals to premium seafront complexes with a gated territory.

A small one-bedroom apartment of 35–45 m² in the second or third row from the sea costs around $45,000–75,000, while a similar one in a residential district starts from $30,000.

On the beachfront, a comparable apartment costs $80,000–120,000 or more — the difference comes from the sea view and the complex's status, not just floor area.

An apartment in white-frame condition costs less than a finished one by the amount of the renovation: a turnkey fit-out runs $250–450 per m² depending on materials and finish level.

A finished, furnished apartment is convenient for owners who want to rent it out right away, while a white frame lets you save money and finish it to your own quality standard.

With the right property, rentals in Batumi bring in 8–11% per year, which is higher than in most resort cities in Europe.

At that yield, the payback period averages 9–12 years — worth factoring in when comparing the purchase price against expected income.

Utility bills in Batumi run $40–90 per month depending on season and floor area.

Complexes with a pool and security additionally charge $0.3–0.7 per m² per month for maintenance — build this into your yield calculation in advance.