Apartments on the New Boulevard

Batumi's busiest market: 40.6% of all apartments sold in the city in the first eight months of 2026 were sold here. A new apartment costs $1,798 per m² on average, below the city average.

$1,798: Average price per m² of a new turnkey apartment, August 2026
−9%: Compared with the city average ($1,986 per m²)
4,417: Apartments sold, January–August 2026: +8.7% on the same period of 2025
40.6%: Share of all apartments sold in Batumi, January–August 2026

What the area is like

A seafront strip in the south of the city that starts in the Khimshiashvili district, around Ardagani Lake, and is built up with new high-rise towers. In 2025, 6,807 apartments were sold in the New Boulevard area, more than anywhere else in the city.

According to a HomesOverseas review (August 2026), it is an entirely new district: only new construction, from apartments and hotel rooms to villas and townhouses, built very densely.

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.

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.

Batumi from above: the Alphabet Tower and the new boulevard. 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	$62,900	$42,000–$90,000
55 m²	$98,900	$66,000–$141,400
80 m²	$143,800	$96,000–$205,600

Calculate the income at this zone's price

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

Rent and yield

$12.3: Average monthly long-term rent per m², second quarter of 2026 (Galt & Taggart)
$677: Monthly rent for a 55 m² apartment at this rate
8.2%: Gross yield: a year of rent divided by the average price in the same quarter ($1,800 per m²). Our calculation from Galt & Taggart's figures, before management, upkeep and taxes.
7.1%: Average rental yield across Batumi in 2026 (Galt & Taggart)

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

Orbi City
Developer: Orbi Group
Sherif Khimshiashvili St, 7
Some blocks completed; next: Q4 2026 · furnished
Price on requestprice updated 3 Nov 2026
Batumi View
Developer: Recan Group Georgia
Lech and Maria Kaczynski St, 8
Some blocks completed; next: Q2 2027 · finished, furnished
from $2,205 per m²price updated 4 Aug 2026
Portofino
Developer: Lomora Group
Lech and Maria Kaczynski St, 31/33
Completion: Q4 2028 · white frame
from $2,100 per m²price updated 9 Oct 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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