Batumi
A Black Sea resort city with a growing real estate market. A rapidly developing tourist destination combining beaches, a vibrant promenade, hotels, restaurants and nightlife alongside extensive construction and real estate investment. Batumi offers opportunities for investors seeking properties in an area with strong tourism demand and rental potential.
Units
72
Price Range
$106,933 - $297,330
Distance to the Sea
Up to 700 meters
Delivery
2026-2027
Real Estate Investment in Batumi, Georgia
Batumi is Georgia's main resort city on the Black Sea coast and a fast-growing tourism hub. A combination of strong seasonal tourism, entry prices that are low compared to Europe and investor-friendly taxation has made the city a leading destination for Israeli investors.
Entry prices for a new unit on the second line to the sea start at around $60,000, while first-line units with open views trade at higher prices and achieve good occupancy rates in season. Buying during construction lets you benefit from convenient payment plans and appreciation until handover.
Alperin Group exclusively markets three projects in the city: Aqua Marine, Alley Palace and Olympus Residence. We support investors at every stage: choosing the unit, reviewing the contract with the developer, transferring funds, furnishing and managing the rental after handover.
Interested in Investing in Batumi?
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What is the typical yield in Batumi?
Seafront apartments on short-term rental typically show a gross yield of 8% to 12% per year, depending on seasonality and the level of management.
Can a foreigner buy an apartment in Georgia?
Yes. A foreign citizen may purchase residential property with full ownership, with no special permit and no residence permit required.
How is rental income taxed?
Income tax on rental income in Georgia is relatively low. We recommend getting personal tax advice from a tax advisor in Israel and in Georgia before purchasing.
How is payment made to the developer?
Usually a down payment when signing the agreement and further payments according to construction milestones, with the balance paid before handover directly to the developer's account.