Island Europe
Batumi vs Tenerife
Tenerife is the “safe” choice: European Union, euro, perfect weather all year. The question is how much you pay for that safety — at entry, and every year in taxes.
Entry price
Batumi
From ~$52,000 for a new studio (average $1,865/sqm — G&T 2025).
Tenerife
European prices, in euro: Batumi’s budget often buys nothing rentable in the tourist areas.
Taxes
Batumi
5% flat on rent, 0% capital gains after 2 years (PwC 2026).
Tenerife
Spanish taxation: non-resident rental tax, taxed gains, annual IBI. The net thins out.
Short-term rentals
Batumi
Short lets are free to operate; the challenge is selection (G&T flags primary-market oversupply).
Tenerife
Tourist licences are capped and tightening: without one, no legal short let. A real regulatory risk.
Currency & legal system
Batumi
USD pricing, Georgian jurisdiction: efficient but outside the EU (for some, a real con — worth saying).
Tenerife
Euro and EU law: zero currency risk, full European protections. Tenerife wins here.
Yield
Batumi
Average gross 7.4–8.6% (Galt & Taggart 2025).
Tenerife
Yields are more compressed, squeezed by entry prices, taxes and licence limits.
Seasonality
Batumi
Very strong summers, the rest of the year growing (awarded all-season — WTA 2025).
Tenerife
Climate and demand stable 12 months a year: the island’s historic strength.
The honest verdict
Choose Tenerife if staying in the EU and the euro is the priority, with European protections and year-round demand — accepting high entry, full taxes and the licence issue.
Choose Batumi if you’re after yield and growth: a fraction of the entry cost, 5% rental tax, immediate full ownership — accepting a step outside the EU perimeter.
Batumi figures carry cited sources (Galt & Taggart, PwC, World Bank, GNTA). Assessments of other destinations are qualitative and based on well-known facts: markets and rules change — always verify current conditions before deciding.