Batumi, Georgia Investment Property ListingsSeaside market of resortscasinos and towers

Real estate in Batumi, Georgia: Black Sea investment hotspot with high rental demand

Why invest in property in Batumi

Batumi, located on Georgia’s Black Sea coast, has become one of the most dynamic real estate markets in Eastern Europe. Combining seaside charm, visa-free access for over 90 countries, and a rapidly developing tourism industry, Batumi is ideal for investors looking for high yields, affordable entry prices, and simplified ownership processes.

The city offers year-round rental demand from tourists, digital nomads, and students. With low property taxes, zero restrictions on foreign ownership, and a transparent purchase process, Batumi has earned its place among top emerging investment destinations in Europe and the Caucasus.

Types of real estate available

Batumi’s property market is dominated by new developments and rental-ready units:

• Seaside condominiums in high-rise buildings with full hotel-style management — highly popular among short-term investors.
• Renovated apartments in central districts — for long-term leasing and residential resale.
• Off-plan projects with guaranteed yields and developer financing — often located near the beach or New Boulevard area.
• Commercial spaces such as cafés, shops, and co-working hubs — especially in tourist or university zones.
• Land plots for boutique hotels or residential projects — with flexible development regulations.

Most properties are sold fully furnished, and many buildings offer in-house management, reception services, and booking platforms.

Foreign ownership and legal aspects

Georgia allows full freehold property ownership for foreigners without any restrictions. Key advantages include:

• Transparent legal process with notarized transactions and same-day registration at the Public Registry.
• Ownership of apartments and land — including free resale and inheritance rights.
• Low taxes — property tax is 0% for individuals who do not rent; 1% on gross income from rental.
• No residency required to purchase or hold property.

VelesClub Int. provides full legal due diligence, translation, notarization, and representation during remote or in-person transactions — ensuring peace of mind for international investors.

Property prices and rental yields

Batumi remains one of the most affordable European seaside cities for real estate, with strong ROI. As of 2025:

• Seafront studios and 1-bedroom units: $1,000–$2,500/m²
• City-center renovated apartments: $1,200–$1,800/m²
• Off-plan projects: from $800/m² with installment plans

Rental yields typically range from 7%–12% gross annually for short-term lets via platforms like Airbnb and Booking.com. Managed properties can achieve occupancy of 60%–80% across the year, with peaks in summer months and growing off-season digital nomad interest.

Neighborhoods and lifestyle

Batumi offers distinct districts with varied investment and lifestyle appeal:

• New Boulevard: High-rise zone near the beach — main area for off-plan and hotel-managed investments.
• Old Town: Historical charm with walkable streets — popular for boutique rentals and café businesses.
• Airport and suburban zones: Lower prices with potential for long-term leasing or future appreciation.
• University areas: High demand for student housing and budget apartments.

Batumi features European-style boulevards, casinos, palm-lined promenades, and mountain-sea views. Its rapid modernization has been paired with increasing airline connectivity, international schools, and digital visa programs for long-stay guests.

Who buys real estate in Batumi

Batumi attracts a broad range of international buyers and regional investors:

• Middle Eastern and CIS investors acquiring beachfront rentals and commercial units
• European buyers looking for visa-free second homes or rental income properties
• Georgian diaspora purchasing vacation homes or units for parents and relatives
• Digital nomads and retirees relocating for lifestyle and tax advantages
• Funds and developers creating branded residences and condo-hotel hybrids

The buyer profile is increasingly diversified, with growing interest in real estate as a platform for residency, income, and affordable lifestyle living.

How VelesClub Int. helps you

VelesClub Int. offers full-cycle support for real estate investment in Batumi:

• Access to verified listings with real returns and proven management
• Legal due diligence, notarized contracts, and secure ownership registration
• Comparison of guaranteed yield offers and rental operator performance
• Assistance with furnishing, listing setup, and booking integration
• Resale support, portfolio expansion, and second citizenship consultation if applicable

Whether you seek a passive rental studio by the Black Sea, a commercial unit in the Old Town, or a long-term real estate strategy in Georgia, VelesClub Int. provides trusted expertise in Batumi — one of Europe’s fastest-growing coastal investment markets.