Supply & Demand

Batumi has long been touted as a hidden gem for savvy investors, yet beneath its shimmering promise lies a looming Batumi real estate bubble. In recent years, the surge in Batumi property investment has been fueled by high rental yields and a booming tourism sector. However, the rapid pace of construction and unchecked development have set the stage for a classic Batumi real estate bubble—one that...

Overview of Batumi’s Real Estate Market in Recent Years Batumi, Georgia’s vibrant coastal city on the Black Sea, has experienced a rapidly evolving real estate market over the past few years. Driven by a mix of foreign investment, tourism growth, and large-scale development projects, the city's property sector has attracted buyers from around the world. But how has the market changed recently, and...