Is Batumi a paradise for real estate investment?

Batumi, the main resort of Georgia and the pearl of the Black Sea coast, has been popular with foreign investors for many years. We’ll tell you why the city remains an attractive option for investing in real and share the easiest way to rent a home.

A stable tourist flow maintains high demand for real estate in Batumi and contributes to the development of the hotel business and apartment rental market. Every year, more than 2 million tourists come to the city: to relax on the beach, visit the casino, walk along the embankment, try real Georgian cuisine and immerse themselves in the amazing local atmosphere.

The city is comfortable both for rest and for living - more than 200 sunny days a year, a mild subtropical climate, clean sea, picturesque mountains and a developed entertainment industry.

Batumi is among the top 5 best tourist destinations in Europe and has twice been recognized as the "Best Fast-growing tourist destination in Europe" by the World Travel Awards.

In 2023, tourism revenues in Georgia exceeded $ 4 billion, which is 80% more than 10 years ago. And many tourists choose Batumi for their vacation - the city's airport received 12% more flights in the same year than in 2022. Such growth in tourist activity attracts investors who see in Batumi an opportunity not only to save, but also to significantly increase capital.

Batumi has a large selection of fairly inexpensive and liquid real estate by the sea. This distinguishes the city from many other popular destinations for foreign real estate investment, where it is more difficult to find quality housing at an affordable price.

We analyzed the real estate market of several countries and compared which properties can be bought for $ 100,000 in different regions.

A spacious apartment 5-10 minutes walk from the sea with an area of 60-80 sq.m. in a new residential complex with a swimming pool, autonomous heating, thoughtful infrastructure and its own management company.

Studio or one-room apartment of up to 40 sq.m. in a remote area of the city.

One-room apartment of 42 sq. m. outside the city.

Studio or one-room apartment in a residential complex with an area of 20−35 sq.m.

Housing in the capital of Adjara has high liquidity — apartments are quickly rented out, even in winter they rarely remain empty. During the season, there is a very high demand for rent in Batumi, according to reviews from realtors, on average, an apartment is rented 1−3 days after the announcement is published.

The flexibility of rental periods allows owners to receive a stable income even with short-term rentals.

Apartment owners in Batumi can easily rent out housing on their own or through a management company.

You can ask a realtor for help, but keep in mind that in Georgia, the owner of the apartment, not the tenant, pays for his work.

In residential complexes where the management company is engaged in renting, the owner will only need to conclude a contract with it. The company fully takes care of all issues related to the search for tenants, paperwork, apartment maintenance and payment acceptance. This allows the apartment owner not only to save time, but also to earn income with minimal effort.

This rental option is provided in all One Development projects — an international management company helps with the rental in each residential complex.

The combination of stable demand for real estate supported by a high tourist flow, affordable housing prices and ease of renting makes this Batumi an ideal place for investments. Regardless of whether you are looking for a way to save capital or want to earn a stable rental income, the city’s real estate market can satisfy any investment needs.