Our method and sources
Every figure on BatumiBuyRent comes from a named, dated source, and every calculation is shown. Here is where the numbers come from and how we use them.
Where the figures come from
| Source | What we use it for |
|---|---|
| Galt & Taggart | Research reports on Batumi residential real estate: price per m² by area, sales, rents, rental yield |
| Korter.ge | Developers' asking prices and delivery dates for new-build projects, with the date of each update |
| National Bank of Georgia | Official exchange rates used to convert prices into your currency |
| National Agency of Public Registry | How property is registered and what a buyer can check |
| OpenStreetMap | Official district boundaries on our maps |
| Wikimedia Commons | Photos, each credited with its author and licence |
| Specialist press | Figures reported by InternationalInvestment, BM.ge, Investor.ge and others, always attributed |
In total, the English site cites 101 distinct sources. Each page lists its own at the bottom, with the date they were checked.
How we calculate
- Gross rental yield: twelve months of rent per m² divided by the price per m² of the same period, before management, upkeep and tax.
- Price check verdict: less than 5% from the area average is in line with the market; 5 to 15% is below or above; more than 15% is well below or well above.
- Comparisons: a 55 m² apartment is priced at the area average × 55; gaps between areas are simple differences.
- Currencies: prices are kept in US dollars and converted at the National Bank of Georgia rate of the date shown.
- New-build prices: the 'from' prices published by developers, not the prices of completed sales.
What we don't do
- We don't estimate figures nobody publishes. When Galt & Taggart gives no rent for an area, we say so.
- We don't use developers' marketing claims as data.
- If an agency or developer ever pays us, the listing will be clearly marked, and payment will never change prices, verdicts or the order of results.
Updates and corrections
Figures are updated when new reports are published, and each page shows when its sources were checked. If you spot a mistake, write to contact@batumibuyrent.com: we correct it and note the change.
Last updated: 15 November 2026.
Sources
Checked against the sources below in November 2026.
- Galt & Taggart — Batumi Residential Real Estate, 8M26 overview: rental yield (5 Nov 2026)
- Galt & Taggart — Batumi Residential Real Estate, 2Q26: rents by district (14 Aug 2026)
- Korter.ge — new-build projects in Batumi
- National Bank of Georgia — official exchange rates
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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