Batumi is a gorgeous resort city on the Black Sea coast. This small city with a population of just over 160 thousand inhabitants can be safely called the main tourist center of Georgia. It has everything for a great holiday: warm sea, historical architecture, modern skyscrapers, and excellent cuisine.
Reports by the Georgian authorities show an annual increase in the flow of tourists to the capital of Adjara (in 2017, the country was visited by 7.5 million tourists, and in 2018 more than 8 million people visited Georgia). Both Georgians themselves and tourists from Azerbaijan, Armenia, Turkey, Russia, Kazakhstan, Ukraine, Germany, and other countries spend their vacation in Batumi.
The growing popularity of the city among tourists, along with the reforms of recent years, has led to an increase in demand for real estate in Batumi and even to a construction boom. 122 new objects are being built in the city (large luxury buildings for hundreds of apartments) by 134 real estate development companies.
Georgians are primarily interested in buying apartments in new residential complexes. Developers here offer a lot of options at affordable prices, often with the possibility of purchasing an apartment in installments or with an acceptable mortgage.
Foreigners are more attracted to apartments in Batumi. The apartments belong to non-residential real estate and are located in new hotel-type buildings (one part of the building is occupied by a hotel with cafes, restaurants, gyms, and other infrastructure, the other consists of private apartments). Often you can not register officially in the apartment. To meet this demand, developers offer fully finished apartments (complete with furniture and household appliances). These apartments can be used both for private use and for renting out (several companies in the city offer apartment maintenance and rental services).
In terms of investment, buying an apartment in Batumi is a great option! New buildings in Batumi are inexpensive, they are of decent quality and the demand for this housing is constantly growing.
We have collected and structured all the information about all new buildings in Batumi with current prices and offers from developers. In order to buy an apartment in a new building in Batumi, you choose one to your liking on the site.