Tbilisi (GBC) - In January 2025 the weighted average price of newly-built flats in Batumi increased by 8% equaling USD 1,130 per sq m, while the figure for old flats recorded a 16.2% increase to USD 1,100 per sq m, - according to the report published by Colliers published by Recov.ge 

In January 2025, the number of transactions of newly-built flats in Batumi has increased by 3% year over year, while a 5.7% YoY increase rate has been observed in the case of old flats.

As of January 2025, the number of transactions of residential flats in Batumi has increased by 3.2% to 1,049 units. The market size has increased by 17.4% standing at USD 57 millions.

In 2024, in Batumi the number of transactions of residential flats amounted to 15,034 units, reflecting 2% YoY decrease. Market size also increased by 6% standing at USD 778 millions.