Where in Batumi Is Real Estate the Most Profitable? Comparison of Key Areas

Batumi is one of the most dynamically developing real estate markets on the Black Sea coast. It combines a seaside climate, growing tourism, stable rental demand, and transparent regulations for foreign buyers. However, rental yield varies significantly by district: in some areas, returns reach 8–10% per year, while in others they do not exceed 5–6%. To make a smart investment, it’s important to understand where to buy an apartment in Batumi, which areas offer steady demand, and which have the best growth potential.

 

Roman Borovikov
Head of Sales Department, Office 1, Batumi

 

This article reviews four key investment locations: the Old Town, Heroes Alley, the Airport District, and the suburbs (Gonio and Chakvi). We’ll look at real rental figures, advantages, risks, and investment scenarios for each area.

 

Old Town: Maximum Profitability and High Liquidity

The historic center is the city’s signature area. Tourists spend most of their time here, and real estate remains in demand all year round.

The area features developed infrastructure, charming architecture, and walking distance to the sea, cafés, and attractions.

Type of rental: mainly short-term (tourists, business trips, corporate stays).

Average rates:
– Summer: $60–100 per night (1+1 apartment)
– Winter: $25–40 per night
– Mid-term rentals: $700–900 per month

Advantages:
• Most stable rental demand year-round
• Property values continue to grow even during the “off-season”
• High liquidity upon resale

Disadvantages:
• Limited number of new buildings and parking spaces
• Higher entry price — from $1,800/m²
• Fewer options for long-term rentals

Average yield: 8–10% annually. For investors seeking quick payback, the Old Town remains one of the top-performing areas in Batumi.

Heroes Alley: Balance Between Stability and Comfort

Heroes Alley is Batumi’s modern business and residential center. It’s home to major shopping malls, offices, schools, and new business-class residential complexes.

This district is especially popular among IT specialists, expats, and families looking for a comfortable urban lifestyle.

Type of rental: mid- and long-term.

Average rates:
– Summer: $50–70 per night
– Off-season: $35–45
– Long-term: $600–800 per month

Advantages:
• Many new complexes with pools and security
• Popular among tenants looking for long-term stays
• Predictable occupancy throughout the year

Disadvantages:
• High building density, fewer sea views
• Lower tourist traffic than the Old Town, so fewer short-term stays

Average yield: 7–9% annually — an excellent balance between income and risk. The area is ideal for investors seeking a stable stream of tenants without major seasonal fluctuations.

Airport District: Low Entry Threshold and Growth Potential

The Airport District in Batumi is actively developing and offers a great opportunity for investors to enter the market at a lower cost and benefit from future appreciation.

Type of rental: short- and long-term (mainly expats, students, locals).

Average rates:
– Summer: $40–50 per night
– Off-season: $25–30
– Long-term: $400–500 per month

Advantages:
• Low property prices ($1,000–1,300/m²)
• Potential for appreciation as infrastructure improves
• Convenient transport connections

Disadvantages:
• Underdeveloped infrastructure (few schools and shops)
• Ongoing construction in some complexes

Average yield: 6–8% annually. This area is attractive for investors pursuing a long-term capital growth strategy.

 

Suburbs of Batumi: Gonio and Chakvi — Ideal for Eco-Living and Future Growth

Gonio

Located just 15 minutes from the city center, Gonio is famous for its clean sea and tranquility. Real estate here is popular among investors focused on the summer season.

– Prices: $1,200–1,500 per m²
– Summer rent: $70–80 per night
– Winter rent: $20–25 per night

Advantages:
• Best water and beach quality in the region
• New, modern housing complexes
• High seasonal rental rates — up to $90/night

Disadvantages:
• Strong dependence on the tourist season
• Limited off-season infrastructure (few cafés, transport options)

Average yield: 7–9%, and with proper management and marketing — up to 10% annually.

Chakvi

Located near the Botanical Garden and the road to Ureki, Chakvi is a peaceful area with low-density development and a relaxed pace of life.

– Prices: $1,000–1,300 per m²
– Main demand: tourists during the summer season

Advantages:
• Quiet, eco-friendly environment
• Growth potential due to new roads and tourism projects
• Suitable for building or renting seasonal apartments

Disadvantages:
• Limited demand in the off-season
• Lower liquidity for quick resale

Average yield: 6–8%, but with a growing upside thanks to ecology and developing infrastructure.

District Comparison

District / LocationAvg. Price per m²Type of RentalAvg. YieldAdvantages
Old Townfrom $1,800Short-term8–10%Year-round tourist flow, liquidity
Heroes Alley$1,500–1,700Mid-/Long-term7–9%New residential complexes, stable demand, comfort
Airport District$1,000–1,300Long-term6–8%Low entry threshold, growth potential
Gonio$1,200–1,500Short-term7–9%Sea, nature, high summer demand
Chakvi$1,000–1,300Seasonal6–8%Ecology, new roads, development prospects

 

Where to Buy in Batumi: Summary and Recommendations

Rental profitability in Batumi depends directly on the area and the investor’s strategy.
– The Old Town and Heroes Alley are best for those seeking steady year-round rental income.
– Gonio and Chakvi are suitable for investors targeting seasonal returns and capital growth.
– The Airport District is ideal for those looking for affordable entry with strong future potential.

Batumi remains one of the few cities in the region combining reliability, liquidity, and genuine rental profitability. Understanding the nuances of each area is key to making your investment both profitable and safe.

If you want to determine where to buy property in Batumi for the best return, contact BD Realty — our experts will help you calculate the expected yield for each area and select the most suitable property for your investment strategy.