BatumiBuyRent

Old Batumi or New Boulevard?

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.

+79%

Price per m²

+$78,430

For a 55 m² apartment at the average price

Old BatumiNew Boulevard
$3,224Average price per m², August 2026$1,798
$1,890–$5,150Published range$1,200–$2,570
$177,32055 m² apartment at the average price$98,890
839Apartments sold, January–August 20264,417
−15.5%Change on January–August 2025+8.7%
+9%Price change, June 2025 to June 2026+11.5%
7.7%Share of all apartments sold in Batumi40.6%
$11.9Rent per m² a month, Q2 2026$12.3
$655Monthly rent for 55 m²$677
4.4%Gross yield8.2%
3New-build projects in our guide3

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

Old Batumi

Who it suits

People who will live here themselves, and owners who rent out: the city's main sights are within walking distance.

What to keep in mind

The review warns that noise, narrow streets and parking make life here uncomfortable for some. Sales fell 15.5% in the first eight months of 2026, the steepest drop of any area in Batumi.

Area guide

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

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 CapeGonio-Kvariati$2,657Alley of Heroes$2,255Makhinjauri$1,9981 kmOld Batumi$3,224New Boulevard$1,798

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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