Tbilisi (GBC) - According to recov.ge, the average weighted price of newly built apartments in Batumi in November 2025 increased by 25% and amounted to 1,347 USD per sq m. The price increase was mainly influenced by the primary market, where the indicator increased by 32.2%, while the secondary market recorded a 15.7% increase.

According to recov.ge, a significant increase in the average weighted price in the secondary market was mainly observed in the Old Batumi and Rustaveli districts, which was mainly due to increased interest from foreign buyers. Note: Some transactions in the primary market are registered late, which is why the price growth trend does not reflect reality.

In November 2025, the number of residential apartment transactions in Batumi increased by 22.2% compared to November last year and amounted to 1,550 units, while the market size increased by 45.1% to 97 million USD.

In addition, in November 2025, the number of transactions in newly built apartments in Batumi increased by 24.8%, while a 5.7% decrease was recorded in the case of old apartments. The number of transactions in the primary market of newly built apartments increased by 25.9%, while an increase of 23.7% was recorded in the secondary market. Only 32% of the increase in transactions in the secondary market was accounted for by Georgian citizens, and 64% by foreigners.