$4.3 billion, more than 59,000 apartments sold, and a 7% increase in the number of transactions over the year
These are the actual figures for 2025 for Tbilisi and Batumi.
Tbilisi closed the year with 42,267 transactions and a market volume of $3.3 billion. Growth reached 15%. And the main momentum came specifically from the primary market.
Batumi recorded 17,052 transactions and 17% annual growth. Market volume exceeded $1 billion for the first time. For the city, this is an all-time high.
Prices are not standing still. In new projects on the secondary market, the average price per square meter is already around $1,484 in Tbilisi and $1,497 in Batumi. There is no noticeable slowdown compared to 2024.
Another important point is the structure of demand. 86% of foreign buyers choose new projects. The share of local buyers in new-build properties is gradually decreasing and stood at 51% in 2025.
This means one thing: the market has fully become international. Demand is supported not only by domestic buyers. Capital is coming in from abroad, and this is already a systemic trend, not a one-time surge.
In this market dynamic, it is important not just to “buy an apartment,” but to understand where you stand: the primary or secondary market, the construction stage, the location, and the investment horizon.