The Batumi price ladder runs from $1,565 to $3,146 a metre

As of March 2026 the district figures run: Old Batumi $3,146 a square metre, Alley of Heroes $2,081, Gonio-Kvariati $2,075, Makhinjauri $1,819, Kobuleti $1,805, New Boulevard $1,787, inner regions $1,715 and peripheral zones $1,565. The top of the ladder is twice the bottom, which is the single most useful thing to know before comparing two advertised prices. A brochure quoting $1,700 a metre is not a bargain if the building sits in a peripheral zone where that is the going rate, and $2,800 in Old Batumi is not an overcharge. Across the market, the primary average was $1,893, up 8.7% year on year, and the secondary $1,479, up 7.8%.

Public Register data shows 4,049 apartments sold in Batumi in Q1 2026, up 15.8% year on year, with the secondary market up 10.1% and the primary up 21.1%. The report itself warns that the primary figure may be distorted by registration delays, which is the kind of caveat that gets stripped out when a number is quoted in a sales deck. A separate developer survey reported a 70.6% increase — a much larger number from a different method and a self-selected sample, and not a substitute for the registry. Even after the increase, primary-market demand remains well below the 2022-2023 boom.

Gross rental yield in the report is 7.1%, and monthly rents per square metre are given as Old Batumi $11.0, New Boulevard $10.8, inner regions $9.8 and peripheral zones $9.6. Note how much narrower that rental spread is than the sale-price spread: Old Batumi commands twice the capital value of a peripheral zone but only about 15% more rent per metre, which is why the better gross yields are not in the most expensive districts. The other number to hold onto is that the average daily rental rate fell 7.3% in the quarter, which the report attributes largely to season. Gross is also not net — service charges, agency or platform fees, furnishing, repairs, void weeks and the 5% tax on residential rent all come out of it.

The report does not give a unit count for new supply, but it describes a large number of projects under construction alongside a high stock of unsold property, and reads that combination as oversupply — with the explicit suggestion that it could make it hard for primary prices to keep rising at the current pace. For an owner that is the sentence to sit with. Primary prices up 8.7% in a year is a good number; a lot of unsold stock still to clear is a reason not to extrapolate it. For a buyer the same facts cut the other way: a market with unsold inventory is a market where asking prices are negotiable, especially on completed units a developer is carrying. Which of those two readings applies depends on which side of the table you are on this year.