BatumiBuyRent

New Boulevard or Alley of Heroes?

Two Batumi areas side by side: price, sales, rent and yield from Galt & Taggart's 2026 figures, and who each one suits.

In figures

Change either area to compare it with another one.

−20%

Price per m²

−$25,135

For a 55 m² apartment at the average price

New BoulevardAlley of Heroes
$1,798Average price per m², August 2026$2,255
$1,200–$2,570Published range$1,400–$3,325
$98,89055 m² apartment at the average price$124,025
4,417Apartments sold, January–August 20262,485
+8.7%Change on January–August 2025+0.8%
+11.5%Price change, June 2025 to June 2026+5%
40.6%Share of all apartments sold in Batumi22.8%
$12.3Rent per m² a month, Q2 2026Not published
$677Monthly rent for 55 m²Not published
8.2%Gross yieldNot published
3New-build projects in our guide2

Galt & Taggart figures for new turnkey apartments. Gross yield of an area: our calculation (a year of rent divided by the price per m² in the same quarter), before costs and tax; for the Batumi average, the yield Galt & Taggart publishes for 2026. Shares other than the New Boulevard's are calculated from unit counts. Price change from June 2025 to June 2026: Galt & Taggart, second quarter of 2026.

Who each area suits

New Boulevard

Who it suits

The review calls it a “universal” area: for renting out, for living, or for buying to resell later.

What to keep in mind

According to the review: parking and traffic, and at times a smell from the landfill near the airport when the wind blows from that side. Prices vary widely between towers: the published range runs from $1,200 to $2,570 per m².

Area guide

Alley of Heroes

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%).

Area guide

Where they are

Batumi’s districts, on one mapOld BatumiRustaveliKhimshiashviliBagrationiBagrationiAghmashenebeliJavakhishviliTamariBoni-GorodokiAirportKakhaberiGonio-KvariatiIndustrial districtGreen CapeBatumi-Central stationSea portOld BoulevardBotanical GardenGonio FortressArdagani LakeBus terminalBlack SeaOld BatumiRustaveliKhimshiashviliBagrationiAghmashenebeliJavakhishviliTamariBoni-GorodokiAirportKakhaberiGonio-KvariatiIndustrial districtGreen CapeOld Batumi$3,224Gonio-Kvariati$2,657Makhinjauri$1,9981 kmNew Boulevard$1,798Alley of Heroes$2,255

The map shows the price zones used by Galt & Taggart, which do not follow official district boundaries. The two zones compared are highlighted.

Other comparisons

Sources

Checked against the sources below in November 2026.

  1. Galt & Taggart via InternationalInvestment — average price and sales by area, January–August 2026 (9 Nov 2026)
  2. Galt & Taggart via InternationalInvestment — sales by district and change on 2025, January–August 2026 (7 Nov 2026)
  3. Galt & Taggart via InternationalInvestment — prices by location, August 2026
  4. Galt & Taggart — Batumi Residential Real Estate, 2Q26: prices by district, June 2025 and June 2026 (14 Aug 2026)
  5. Galt & Taggart — Batumi Residential Real Estate, 8M26 overview: rental yield (5 Nov 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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