How much does an apartment in Batumi cost in 2026
New builds in Batumi average about $1,200–1,600 per m², while central and seafront locations reach $1,800–3,500 per m². A rough guide by district (new builds, price per m²):
| District | Price per m² |
|---|---|
| Khimshiashvili | from $1,200 |
| Airport area | ~$1,370 |
| New Boulevard | from $1,300 |
| Kakhaberi | ~$2,150 |
| Rustaveli / Old Town | $1,800–3,500 |
Prices grow roughly 5–10% per year, most of all by the sea and around New Boulevard. See current offers in Batumi new builds and the apartments section.
How to buy an apartment in Batumi: step by step
- Choose the property — define budget, district and goal: living, rental or investment.
- Reservation — a deposit is paid and the property is taken off the market.
- Due diligence — we verify the property and owner via the Public Registry.
- Notary contract — the sale-purchase agreement is signed.
- Registration — the deal is registered at the Public Service Hall within 1–2 days.
- Keys — you receive the ownership extract and the keys.
The whole deal usually takes 7–14 days. Remote purchase by power of attorney is possible.
Taxes and costs
- No VAT on purchase.
- Ownership tax — up to 1% per year (max ~200 GEL for apartments); exempt if household annual income is below 40,000 GEL.
- On resale — 0% if you owned the property for 2 years or more.
- Rental tax — 5% if you let it out (see property management).
Documents for foreigners
Foreigners buy property in Georgia without restrictions — just like citizens. No special permits, local partner or minimum amount. A valid foreign passport (at least 6 months) is enough; no apostille or certified translations required.
Residency through purchase
Buying property worth $150,000 or more lets you apply for Georgia's investment residence permit.
⚠️ Tax rates and residency terms change from time to time — confirm current figures with a local lawyer or the Public Service Hall before the deal. Baylux supports the transaction: due diligence, contract and paperwork.