Tbilisi (GBC) - In May 2025 the weighted average price of newly-built flats in Batumi increased by 20.8% equaling USD 1,203 per sq m, - according to the report published by Colliers International Georgia on Recov.ge. The growth is mostly driven by the primary market, where weighted average price increased by 23.6% It should be noted that some primary transactions are registered late, resulting in a price growth trend that does not reflect reality.

As of May 2025, the number of transactions of residential flats in Batumi has increased by 8.9 % to 1,354 units. The market size has increased by 23.7% standing at USD 76 millions. Note: The methodology of price analysis has been updated for new projects, which has resulted in changes in 2022-2025 figures.

In May 2025, the number of transactions of newly-built flats in Batumi has increased by 10.1% year over year, while a 3.7% YoY decrease rate has been observed in the case of old flats.