Apartments in Old Batumi

Batumi's historic centre and its most expensive area: a new apartment costs $3,224 per m² on average. Below: prices, sales, rent, what an apartment costs and what to know before you buy.

$3,224: Average price per m² of a new turnkey apartment, August 2026
+62%: Compared with the city average ($1,986 per m²)
839: Apartments sold, January–August 2026: −15.5% on the same period of 2025
≈7.7%: Approximate share of all apartments sold in Batumi (calculated from 10,883 sales), January–August 2026

What the area is like

The historic centre, built up after Batumi joined the Russian Empire in 1878: restored 19th-century streets, Europe Square, the Piazza and the start of the seaside Boulevard.

According to a HomesOverseas review (August 2026), high-rise construction is banned in the old town, so most buildings are low-rise historic or rebuilt houses, and many have no lift.

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.

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.

Old Batumi rooftops facing the Black Sea. 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	$112,800	$66,200–$180,200
55 m²	$177,300	$104,000–$283,200
80 m²	$257,900	$151,200–$412,000

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

$11.9: Average monthly long-term rent per m², second quarter of 2026 (Galt & Taggart)
$655: Monthly rent for a 55 m² apartment at this rate
4.4%: Gross yield: a year of rent divided by the average price in the same quarter ($3,239 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

Silk Towers
Developer: Silk Development (Silk Road Group)
Barbiusi St, 6
Completion: Q4 2029
from $3,654 per m²price updated 11 Nov 2026
Royal Court
Developer: Georgian Grand Development Group
Nikoloz Baratashvili St, 14
Completion: Q4 2028 · black frame
from $3,000 per m²price updated 6 Oct 2026
Next Downtown
Developer: Next Group
Revaz Komakhidze St, 1
Completed · white frame, finished
from $5,400 per m²price updated 5 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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