Property price per m² by city in Georgia

Average, minimum and maximum sale price per square meter for apartments — from official statistics and bank analytics. Data 2022–2025.

City comparison

Average sale price per m²

Batumi$1 821
Tbilisi$1 344
Kutaisi$834
Batumi: price growth by year

Average price per m² (new builds) by year

2022 59% · $1 8212025

Batumi — price per m²

Batumi: price growth by year

Average price per m² (new builds) by year

2022 59% · $1 8212025
Batumi: new vs secondary

Average price per m² by property type

New build$1 821
Secondary$1 418
SegmentYearAverageMinMaxPeriod
New build2025$1 821$1 380$2 906Galt & Taggart · 2025
Overall2025$1 234Cushman & Wakefield · 2025
Seaside2025$2 042$1 965$2 906Galt & Taggart · 2025
Secondary2025$1 418Galt & Taggart · 2025
New build2024$1 470Galt & Taggart · 2024
New build2023$1 328Galt & Taggart · 2023
New build2022$1 148Galt & Taggart · 2022
By district
Old Batumi$2 906/m²
Heroes Alley$2 074/m²
Gonio-Kvariati$2 042/m²
New Boulevard$1 753/m²
Makhinjauri$1 742/m²
Kobuleti$1 685/m²
Inner districts$1 628/m²
Peripheral zones$1 380/m²

Tbilisi — price per m²

Tbilisi: price growth by year

Average price per m² (new builds) by year

2022 28% · $1 3442025
Tbilisi: new vs secondary

Average price per m² by property type

New build$1 344
Secondary$1 245
SegmentYearAverageMinMaxPeriod
New build2025$1 344Cushman & Wakefield · H1 2025
Overall2025$1 347$1 026$1 926TBC Capital · 2025
Secondary2025$1 245Galt & Taggart · 2025
New build2024$1 320Galt & Taggart · Dec 2024
Secondary2024$1 063Galt & Taggart · Dec 2024 (old stock)
New build2023$1 233Galt & Taggart · 2023
New build2022$1 051Galt & Taggart · 2022
By district
Vake$1 926/m²
Mtatsminda$1 901/m²
Saburtalo$1 524/m²
Chughureti$1 364/m²
Krtsanisi$1 350/m²
Didube$1 310/m²
Isani$1 193/m²
Didi Dighomi$1 153/m²
Nadzaladevi$1 134/m²
Gldani$1 130/m²
Samgori$1 026/m²

Kutaisi — price per m²

SegmentYearAverageMinMaxPeriod
Overall2025$834Cushman & Wakefield · Q1-Q2 2025

Data sources

Sources measure differently (index / asking prices / registered deals), so figures are not always directly comparable. We cite the source and period for each figure.

Data is for reference and may differ from actual transactions. For the latest figures, see the sources above.