A one-bedroom apartment in Batumi

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

€88,500

€3,161/m²

01The price

Price context is limited

Against the 14 similar apartments we found in Batumi, this apartment asks about 91% more per square metre. Treat that as a rough guide.

At €3,161/m², you pay more per square metre than for most similar homes currently listed in the same area.

See how we worked this out
  • We took every apartment of 20–35 m² listed on Costaia right now in Batumi.
  • Listings of the same home count once, and 3 extreme prices were set aside. That left 14.
  • The median is the middle asking price per m²: half ask more, half ask less. Here it is €1,654/m²; this home asks €3,161/m².
  • These are asking prices, not sale prices, and this is not a valuation.

About 91% above

the few similar homes in Batumi

This property
€3,161/m²
Local median
€1,654/m²
Asking price per square metre for 14 comparable apartments in Batumi. This property asks €3,161 per m²; the median is €1,654 per m².

Asking price per m²

Local median

Based on 14 comparable apartments (20–35 m²) in Batumi.

Comparison qualityLimited
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

€88,550–€88,700

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

Includes asking price (€88,500) plus estimated taxes and fees.

Breakdown (estimated)

  • Asking price€88,500
  • 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)€88,550–€88,700

Subject to Transfer Tax / ITP and standard notary registration.

If New Build (Developer Sale)€88,550–€88,700

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

28 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

Less space for the money

28 m² versus roughly 50 m² for this budget in Batumi.

PRICE PER_M2

Higher asking price per square metre

91% above the comparable median: €3,161/m² versus a comparable median of €1,654/m².

TOTAL PRICE

A higher total outlay

Its asking price is above 100% of the 14 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

Silk Towers is a distinctive investment project located on Batumi's first shoreline, in the heart of the Old Town. The project is being developed in collaboration with the internationally renowned Japanese architecture firm Kengo Kuma & Associates and combines top-tier architecture, contemporary hospitality, cultural diversity, and strong investment potential at an exceptional address directly on the water. Silk Towers was conceived as a new architectural landmark along the Black Sea coast.

The project integrates high-quality apartments, spacious green areas, resort-like infrastructure, and direct access to some of Batumi's most famous attractions. It is intended solely for investment purposes and professional rental operations, offering buyers a fully managed ownership model. Options include studios as well as one-, two-, or three-bedroom apartments.

Read the full description

Prices and payment conditions vary depending on the floor, orientation, and view, allowing investors to choose a unit that fits their budget and investment goals. The offered price specifically applies to a studio apartment on the 6th floor of Tower 1. Prices and availability of other units may vary depending on layout, floor, and view.

Silk Towers entered its first documented construction phase in January 2026, when test pile installation commenced. By April 2026, work on installing the main piles for the building foundations was already underway. Completion of Tower 1 is planned for 2029, providing investors with an opportunity to enter during the development phase and potentially benefit from appreciation as construction progresses.

Fixture and fittings: The apartments follow a stylish, minimalist design concept with carefully planned layouts, custom-made furniture, and integrated appliances. Natural materials are at the center of the design, creating warm, elegant, and inviting spaces with high guest comfort. Each apartment features a private terrace and panoramic views of the Black Sea, the mountains, the city, or the landscaped park.

Large windows provide plenty of natural light and strengthen the connection between the interior and the surrounding coastal landscape. The units have been specifically designed for professional rental operations within the project, combining attractive design, functionality, and high comfort. The variety of different layouts, floors, and views offers investors flexibility in choosing a property for various rental strategies and target audiences.

Location: Silk Towers is located in an exceptional position on Batumi’s first shoreline, in the heart of the Old Town. The project is only a few steps away from Ali and Nino, the Alphabet Tower, Batumi Boulevard, and the Yacht Club. It is surrounded by some of the city's most well-known cultural, leisure, and waterfront attractions, as well as restaurants, international hotels, and established tourist infrastructure.

This central location offers a unique living experience by the Black Sea, where culture, relaxation, and water-based living come together. Silk Towers is envisioned as a complete lifestyle destination with spacious garden and park areas, swimming and wellness facilities, a modern fitness center, restaurants and cafes, commercial and community spaces, children’s areas, and outdoor recreational activities. Additional planned amenities include padel tennis courts, a yacht club ambiance, a casino, leisure terraces, and carefully designed relaxation and entertainment zones.

The combination of high-quality accommodation, professional services, and resort-like infrastructure aims to support strong demand from guests throughout the year. Miscellaneous: Silk Towers is offered solely as an investment project with professional rental management. Owners receive 60% of the rental income, while the management company retains the remaining share for operations and complete care of the property.

The management handles the entire rental process, including marketing, reservations, guest communication, check-in and check-out, cleaning, maintenance, and daily operation of the apartment. This creates a comfortable, fully managed ownership model for investors, without them having to manage guests or the property themselves. The distinctive architecture, location on the first coastline, panoramic apartments, extensive infrastructure, and planned completion of Tower 1 in 2029 can support strong demand from international visitors and premium tenants.

Buying during the construction phase also offers potential for capital growth as construction progresses and the project becomes more established. Batumi continues to develop into one of Georgia's leading tourism and real estate markets. This development is supported by infrastructure expansion, international hotel brands, competitive property prices along the coast, relatively low ownership costs, and a straightforward purchasing process for foreign buyers.

As a fully established real estate agency based in Batumi, we offer our clients the advantage of direct local market knowledge and personal service. Our experienced team is available year-round to provide project information, explain the investment and rental model, compare available units, and guide buyers through every stage of the purchasing process.

Type
Apartment
Bedrooms
1
Bathrooms
1
Floor area
28 m²
Asking price
€88,500
On Costaia since
26 Aug 2026
Reference
#13008

Your view

GEO / Apartment / €65,000–€115,000 / 1+ bed

Matches 30 homes on Costaia right now
Representing Estate Agency

Listed by Nils Ott Immobilien

NOI

Nils Ott Immobilien

DE Real Estate Specialist

€88,500
€3,161/m²