Buying real estate in Batumi: Everything you need to know
Batumi is one of the most dynamically developing cities in Georgia and on the Black Sea coast. Thanks to its favorable location, mild climate, and growing tourist flow, real estate here is becoming not only a comfortable place to live, but also a profitable investment tool.
Why you should buy real estate in Batumi
- Constant growth in the value of apartments and houses.
- High demand for rentals all year round (tourists, students, business).
- Possibility of obtaining a residence permit when purchasing from 100,000 USD.
- Simple legal system and protection of property rights.
- Rental income — on average 8–12% per annum.
Types of real estate in Batumi
1. Apartments in new buildings
- Modern complexes by the sea and in the city center.
- Interest-free installment plans from developers.
- Option to choose turnkey finishing.
2. Managed apartments
- Fully serviced complexes, often with hotels.
- The management company handles rentals and maintenance.
- Ideal for passive income.
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3. Villas and private homes
- Popular for families and the premium segment.
- Sea and mountain views, privacy and space.
4. Commercial real estate
- Hotels, shops, offices.
- In demand among business-oriented investors.
Stages of buying real estate in Batumi
- Define your budget and goals (living or investing).
- Selection of the property and verification of its legal status.
- Signing the purchase agreement with a notary public.
- Registration at the House of Justice (1 day).
- Obtaining a certificate of ownership.
Real estate prices in Batumi
- Apartments by the sea: from 1000 USD/m².
- Apartments in the center: from 800 USD/m².
- Villas with sea views: from 150,000 USD.
- Commercial properties: individually according to the project.
Advantages of buying through an agency
- Verification of the legal status of the property.
- Support at every stage of the transaction.
- Assistance in obtaining a residence permit through real estate.
- Support in renting and managing housing.
Frequently asked questions
Question: Can a foreigner buy real estate in Batumi?
Answer: Yes, there are restrictions only on the purchase of agricultural land.
Question: How long does it take to register ownership?
Answer: Usually 1 business day through the House of Justice.
Question: Do I need to be in Georgia to complete the transaction?
Answer: Not necessarily, you can issue a power of attorney to a representative.
Conclusion
Buying real estate in Batumi is a reliable way to preserve and grow your capital, as well as discover the possibilities of a comfortable life by the sea. The city is actively developing, and the demand for housing and rentals is growing every year. That is why today is the perfect time to invest.