Apartments on the Alley of Heroes

A zone of high-rise towers in the city centre and Batumi's second market by number of sales: 2,485 apartments were sold here in the first eight months of 2026. Average price: $2,255 per m².

$2,255: Average price per m² of a new turnkey apartment, August 2026
+14%: Compared with the city average ($1,986 per m²)
2,485: Apartments sold, January–August 2026: +0.8% on the same period of 2025
≈22.8%: Approximate share of all apartments sold in Batumi (calculated from 10,883 sales), January–August 2026

What the area is like

According to a HomesOverseas review (August 2026), the Alley of Heroes is the city centre: high-rise towers stand close together, some over 40 floors, mostly business-class residential complexes.

Locals, the review says, jokingly call the area around the stadium and the Alley of Heroes “our Las Vegas”.

Who it suits

Mainly investors who will rent out. Living here year-round suits people who like the pace of the city.

What to keep in mind

According to the review: heavy traffic and noise, and strong competition between owners for tenants. Sales stayed at their 2025 level (+0.8%).

Where it is

The map shows the price zones used by Galt & Taggart, which do not follow official district boundaries. This page's zone is highlighted.

The Batumi skyline at sunset. Photo: Alexander Gluschenko / Unsplash

What an apartment costs

Estimated price at the zone's average and its published range. The apartment only: registration, furniture and other costs come on top.

Size	At the average	Range
35 m²	$78,900	$49,000–$116,400
55 m²	$124,000	$77,000–$182,900
80 m²	$180,400	$112,000–$266,000

Calculate the income at this zone's price

The calculator opens with this zone's average price and 55 m². You can change everything.

Rent and yield

7.1%: Average rental yield across Batumi in 2026 (Galt & Taggart)

Galt & Taggart does not publish a rent for this zone, and we do not estimate one. For reference, the average rental yield across Batumi is 7.1% in 2026.

Long-term rent. Short-term rental can earn more in season but comes with management costs and empty weeks.

New-build projects in this area

Oval
Developer: Metropol
Zhiuli Shartava Ave, 9
Completion: Q4 2027 · finished, furnished
from $2,310 per m²price updated 13 Oct 2026
Calligraphy Towers
Developer: Grand Maison
Zhiuli Shartava Ave, 18
Some blocks completed; next: Q4 2026 · black frame, white frame
Price on requestprice updated 13 Nov 2026

Developers' asking prices per m² as published on Korter, with the date of each update. Apartments sold as black, white or green frame (without finishing) are priced lower than finished ones, so they cannot be compared directly with the averages above. Check the price, the permits and the payment schedule with the developer.

All zones in one table

Galt & Taggart's seven zones by price. Change: sales in January–August 2026 compared with the same period of 2025.

Zone	Price per m², Aug 2026	Sales, Jan–Aug 2026	Change
Old Batumi	$3,224	839	−15.5%
Gonio-Kvariati	$2,657	196	−10.9%
Alley of Heroes	$2,255	2,485	+0.8%
Makhinjauri	$1,998	779	+38.1%
New Boulevard	$1,798	4,417	+8.7%
Inner areas	$1,749	1,138	−1.8%
Periphery	$1,735	1,029	−1.5%

The inner areas and the periphery are not single places, so they have no page of their own.

Sources

Checked against the sources below in November 2026.

This guide is general information, not legal or tax advice. Rules and fees change: confirm your case with a lawyer or accountant in Georgia.

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