A one-bedroom apartment in Batumi

  • 61 m²
  • 1 bedroom
  • 1 bathroom
  • About 800 m from the sea

€113,480

€1,860/m²

01The price

Priced in line with similar homes nearby

This apartment is 1% below the asking-price median for comparable apartments in Batumi.

At €1,860/m², it sits close to the middle of what similar homes currently ask.

See how we worked this out
  • We took every apartment of 45–80 m² listed on Costaia right now in Batumi.
  • Listings of the same home count once, and 2 extreme prices were set aside. That left 27.
  • The median is the middle asking price per m²: half ask more, half ask less. Here it is €1,884/m²; this home asks €1,860/m².
  • These are asking prices, not sale prices, and this is not a valuation.

1% below

similar homes in Batumi

This property
€1,860/m²
Local median
€1,884/m²
Asking price per square metre for 27 comparable apartments in Batumi. This property asks €1,860 per m²; the median is €1,884 per m².

Asking price per m²

Local median

Based on 27 comparable apartments (45–80 m²) in Batumi.

Comparison qualityModerate
02What you'll actually need to buy it

What you'll actually need to buy it

Estimated total cash required, including taxes and fees

Estimated total

€113,530–€113,680

Final amount depends on agreed price, transaction details and regional tax rules.

Includes asking price (€113,480) plus estimated taxes and fees.

Breakdown (estimated)

  • Asking price€113,480
  • Transfer tax / VAT€50–€200
  • Notary & registryScale fee (est.)
  • Legal feesOptional (~1-1.5%)

Transaction type

Unknown

We show both resale and new build scenarios when key details are unconfirmed, so you can see the possible cost range.

If Resale (Existing Property)€113,530–€113,680

Subject to Transfer Tax / ITP and standard notary registration.

If New Build (Developer Sale)€113,530–€113,680

Subject to VAT / IGIC and Stamp Duty (AJD) rather than Transfer Tax.

03The place

Batumi is about 800 m from the sea

The listing gives an approximate location, so distances are measured from the centre of the Batumi area rather than from the home itself. Check the exact position with the agency before you visit.

  • ~800 mto the seafrom the Batumi area
  • BatumiAjaria
  • ~5.5 kmto Batumi airportstraight-line distance

Location supplied by the listing agency. Where an exact address isn't available, Costaia shows the approximate area rather than the property's precise coordinates.

04Property facts

Property facts

Essential physical and structural characteristics

61 m²

Build area

1

Bedroom

1

Bathroom

Apartment

Property type

800 m

Sea distance

Batumi

Location

05Things worth knowing

Things worth knowing

Important contextual factors, tax caveats and market positioning

SPACE

More space for the money

At 61 m², this home is larger than the roughly 54 m² you typically get for this budget in Batumi.

PRICE PER_M2

In line per square metre

€1,860/m² versus a comparable median of €1,884/m².

TOTAL PRICE

But a higher total outlay

Its asking price is above 67% of the 27 similar homes we compared.

These observations highlight key market position factors and data flags to assist your comparison.

06Similar coastal properties

Similar coastal properties in Batumi

View more properties

What else can your budget buy in Batumi?

Explore what you could buy for 80%, 100% or 120% of this property's price.

07Next steps

Next steps

Decide how you want to proceed with this property

Ask about this property

Get more details, request viewing information or ask any questions. Our team will get back to you.

Save this property

Keep it in your shortlist and compare it with other homes as you refine your search.

Learn more about buying in Georgia

Read our guide to buying property in Georgia, including costs, processes and key considerations.

Buying in Georgia guide
07The listing

About the listing

As listed: “1-bedroom Apartment in Batumi”

From the agency's description

OXY Residence is a new and truly special project by ELT Group, developed in close collaboration with the group's exclusive partner, Barceló Hotels. The project was designed to bring a new level of comfort, service, and international hotel-style living to Batumi, adding additional value to the entire ELT Quarter. This premium one-bedroom apartment is located on a high floor and offers beautiful views of the sea and inner courtyard, as well as a bright, comfortable atmosphere.

It is offered fully furnished and is therefore an excellent choice for both personal use and investment purposes. Construction began earlier this spring, with an expected completion date in December 2028. Buying at this stage provides investors with the opportunity to enter the project at a lower price point before it is completed, with strong potential for future appreciation.

Read the full description

Fixture and fittings: The 1-bedroom apartment is designed in a modern hotel-style concept, combining comfort, functionality, and an attractive presentation for future owners and guests. The apartment is handed over fully furnished and features a practical layout with a comfortable sleeping and living area, a kitchenette, a bathroom, storage solutions, and large windows that bring plenty of natural light into the apartment. The interior concept is ideally suited for easy personal use, vacation stays, and rental purposes.

Thanks to its compact and efficient layout, the apartment is low-maintenance and very well suited for the demand for long-term and short-term rentals.

Location: OXY Residence is located in Batumi, Georgia, in the developing ELT Quarter, an area with strong growth potential and increasing demand from both residents and visitors. The project benefits from convenient access to the sea, the New Boulevard, Batumi International Airport, shopping facilities, restaurants, cafes, and daily infrastructure. A key advantage of OXY Residence is the hotel-style concept.

The first four floors of the project will be dedicated to the 4-star Occidental Hotel, a subsidiary of Barceló Hotels, offering a full range of services and infrastructure according to international hospitality standards. The remaining floors will include residential apartments, which will also be managed and operated by the Occidental Hotel. This concept allows owners and residents to enjoy the comfort, service, and atmosphere of hotel living in their own private apartments.

Miscellaneous: OXY Residence is especially attractive to investors because it combines a strong developer, an international hotel partner, professional management, and a developing location in Batumi. The project is currently in an early construction phase, which can offer a more attractive entry price compared to completed properties or projects in later stages of development. Expected rental yields for long-term rentals can be approximately 7%-10%, and around 10%-14%+ for short-term rentals, depending on seasonality, occupancy rates, management quality, and market conditions.

With an anticipated completion date of December 2028, the apartment also offers potential for value appreciation during the construction phase. Batumi continues to attract international buyers thanks to its growing tourism sector, affordable property prices compared to many European coastal destinations, a straightforward buying process for foreign investors, and low property ownership costs. The New Boulevard and surrounding development areas of the city are becoming increasingly popular for investments, lifestyle, and rental income.

We also have various studios, one-bedroom, and two-bedroom apartments available in OXY Residence, with different views, sizes, amenities, and price levels. Selected apartments can also be purchased unfurnished at a lower price, providing buyers with greater flexibility depending on their budget, investment strategy, and personal preferences. Please share your requirements with us, and we will help you select the most suitable unit according to your goals and budget.

Prices and availability are subject to change without prior notice and depend on the developer’s decisions as well as current availability. As a fully established real estate agency based in Batumi, we offer our clients the advantage of local expertise and personalized support. Our experienced team is available year-round to organize private viewings, provide market insights, and guide buyers through every stage of the purchasing process.

Type
Apartment
Bedrooms
1
Bathrooms
1
Floor area
61 m²
Asking price
€113,480
On Costaia since
26 Aug 2026
Reference
#12210

Your view

GEO / Apartment / €80,000–€150,000 / 1+ bed

Matches 32 homes on Costaia right now
Representing Estate Agency

Listed by Nils Ott Immobilien

NOI

Nils Ott Immobilien

DE Real Estate Specialist

€113,480
€1,860/m²