Batumi is one of Georgia’s fastest-growing cities — and with more residents and tourists arriving each year, the number of cars on the road is steadily increasing. This is putting real pressure on parking availability, especially in central districts and near the coast. As a result, owning a garage or designated parking space has become not only a convenience for locals, but also a smart investment for property owners and landlords.
Buyers in Batumi can choose from a variety of options: underground parking in new residential buildings, multi-level garages, or stand-alone private garages. Many modern developments now offer secure underground parking with 24/7 access and video surveillance. These spaces are in high demand in densely built neighborhoods where street parking is extremely limited.
Investing in a parking space in Batumi can be a smart financial move. Prices are gradually climbing, and rental demand remains strong all year round. Many owners rent out their spots to apartment tenants or tourists — especially in high-traffic areas near the beach, the Old Town, or Rustaveli Avenue.
In central Batumi — home to government buildings, shops, cafes, and historic streets — finding available parking is increasingly difficult. Most courtyards are gated or reserved for residents, and public lots are often overcrowded. That’s why having a private underground or multi-level space in a residential complex is a game-changer for daily convenience.
Along the coast, parking demand skyrockets during the summer season, particularly near the boulevard, Rustaveli Avenue, and major hotels. While there are open paid lots near the beach, they’re often full during peak months. For short-term rental hosts and apartment owners, offering a parking spot adds serious value — tourists are more likely to book properties with guaranteed, secure parking.
It’s also worth noting that many new coastal developments include underground parking in the building design. These spaces provide better protection from salt air, moisture, and sand — which is crucial for long-term vehicle storage. In addition, properties with secure on-site parking tend to have higher overall market value.
One major reason for the rise in parking prices is the limited supply of land — especially near the coast and in the city center. Developers are building upward and packing more units into tight areas, leaving less room for parking. That’s made underground and structured parking an essential (and increasingly premium) part of new construction.
Batumi’s booming tourism industry also adds to the demand. Every summer, thousands of visitors flood the city — many driving in or renting vehicles locally. Property owners are quickly realizing that having a private parking spot makes their listings more competitive and desirable.
There’s also growing interest from local and international investors. Parking spaces in key areas like the seafront, downtown, and near major developments generate steady rental income with relatively low risk. In fact, returns in Batumi can exceed those in other Georgian cities — especially when demand peaks in the summer.
If you’re planning to invest in property in Batumi, don’t overlook the value of a parking space. On Korter.ge, you can easily explore available listings, compare prices by district, and find projects with secure underground parking — all in one place.
Compared to apartments, parking spaces in Batumi are still relatively affordable — which makes them a great entry point for first-time investors. At the same time, rental yields can range from 6% to 10% annually, depending on location and season. Underground spots in new developments, especially in central or coastal areas, tend to perform best in terms of both value and demand.
Rental demand is strong and consistent — particularly in busy districts near the beach, tourist hotspots, and business centers. Many property owners who rent out apartments short-term often look to secure a parking spot to make their listings more attractive. This creates a stable, low-risk rental market for parking spaces year-round.
Beyond monthly income, parking spots in Batumi also offer solid long-term growth potential. With less land available each year — and more cars on the road — demand for parking is only going to rise. That makes parking not just a convenience, but an appreciating asset you may later resell at a healthy profit.
Before making a purchase, it’s worth thinking through a few key factors to make sure the space fits your needs — whether you’re buying for yourself or as an investment.