Open data · sources cited
Batumi real estate and the Georgian economy: every number, with its source
A single reference of verified data for anyone weighing a property investment in Batumi or Georgia. Every figure carries its source and year. Cite it and link to it freely with attribution.
Last updated: July 2026
Key figures at a glance
- Batumi new-build average 2025: $1,865/sqm (+9.4% YoY) — Galt & Taggart.
- Gross rental yield: 7.4–8.6% in 2025 — Galt & Taggart.
- Residential rental income tax in Georgia: 5% flat — PwC 2026.
- Georgian average GDP growth 2021–2025: +9.3% a year — Geostat.
- Tourism 2025: 7.8 million international travellers, all-time record — GNTA.
- Inconvenient truth: primary-market oversupply, short-let stock projected to double by 2029 — Galt & Taggart.
Batumi property prices
| Indicator | Value |
|---|---|
| New-build, 2025 avg | $1,865/mq · +9.4% |
| Old Batumi (priciest submarket) | $3,028/mq |
| Secondary (Sep 2025) | $1,418/mq |
| Average rent (30–60 sqm) | $10.8/mq/mo |
| 2026 price forecast | +4–6% |
Galt & Taggart, Batumi Residential Real Estate 2025; Global Property Guide, mag 2026
Indicative price by unit type
| Unit type | Size | Starting from |
|---|---|---|
| Studio | 28–40 sqm | $52,000 – $75,000 |
| 1-bedroom | 45–60 sqm | $84,000 – $112,000 |
| 2-bedroom / family size | 65–90 sqm | $121,000 – $168,000 |
Bands computed on the 2025 primary-market average: $1,865/sqm (Galt & Taggart). In Old Batumi the average rises to $3,028/sqm.
Rental yields — market comparison
| City / market | Gross yield |
|---|---|
| Batumi | 8.6% |
| Bali | 9% |
| Roma | 7.1% |
| Tirana | 6% |
| Montenegro | 5.6% |
| Milano | 5.4% |
Batumi: Galt & Taggart 2025 · Bali: report di mercato 2025–26 (zone turistiche) · Roma e Milano: Idealista, I trim. 2026 · Tirana: Global Property Guide / Numbeo 2025 · Montenegro: Global Property Guide, Q4 2025
Entry price — seaside-city comparison
| City / market | Average price per sqm |
|---|---|
| Batumi | $1,493/mq |
| Antalya | $2,554/mq |
| Costanza | $2,653/mq |
| Varna | $3,230/mq |
| Spalato | $6,992/mq |
TBC Capital, gen 2026 — prezzo medio al mq, 1 camera, zona centrale
Tax comparison — Italy, Georgia, Dubai
| Indicator | Italy | Georgia | Dubai |
|---|---|---|---|
| Residential rental income tax | 21% | 5% | 0% |
| Real estate capital gains | 26% | 0% | 0% |
| Individual entrepreneur taxation | 43% | 1% | 0% |
| Top personal income tax rate | 43% | 20% | 0% |
PwC Tax Summaries Georgia (gen 2026); Codice Tributario della Georgia; L. 199/2025 (Legge di Bilancio 2026, Italia); PwC Tax Summaries UAE
Georgian economy — GDP growth
| Year | Real GDP growth |
|---|---|
| 2019 | +5.4% |
| 2020 | -6.3% |
| 2021 | +10.6% |
| 2022 | +11% |
| 2023 | +7.8% |
| 2024 | +9.7% |
| 2025 | +7.5% |
| 2021–2025 average | +9.3% |
Geostat — National Statistics Office of Georgia, stime PIL reale, gen 2026
Tourism in Georgia
| Year | International travellers (m) |
|---|---|
| 2021 | 1.88 |
| 2022 | 5.43 |
| 2023 | 7.07 |
| 2024 | 7.37 |
| 2025 | 7.8 |
2025 record: 7.8m travellers and 5.52m tourist visits. At the 2025 World Travel Awards — the “tourism Oscars” — Batumi beat cities like Budapest, Munich, Oslo and Stockholm. The European gala was held in Italy.
GNTA — Georgian National Tourism Administration, dati annuali 2025 (gen 2026) · World Travel Awards 2025 (Europe Gala, Batumi/Italia)
Institutional rankings
- Top 3 su 50 economie — World Bank B-READY 2024 (con Singapore ed Estonia); top 10 in 7 indicatori su 10
- 7° posto mondiale — World Bank Doing Business 2020 (ultimo anno della serie)
- Registrazione proprietà: 1 procedura, 1 giorno — World Bank DB2020, tra i primi 5 al mondo
- 21ª su 165 — Fraser Institute Economic Freedom of the World 2024 (Italia: 46ª, ed. 2025)
Residency and entry
- Property-based residence permit: property with a market value of ≥ $100,000. Soglia di legge per il permesso di soggiorno su base immobiliare. Verifica sempre il valore vigente in fase di consulenza.
- Visa-free entry for EU citizens: up to 365 days a year. (MFA Georgia — regime visa-free per cittadini UE)
The inconvenient truth (stated, not hidden)
Galt & Taggart flags primary-market oversupply: price growth is running ahead of demand and unsold stock is rising.
Short-stay rental stock is projected to double by 2029: without careful district and project selection, yields compress.
Galt & Taggart, Batumi Residential Real Estate 2025
Using this data?
You may cite and link to this page freely with attribution (“Real Estate Batumi — giorgiosubba.com”). Data is compiled from primary sources and updated periodically.