Batumi: A Destination of Global Recognition of 2024
Batumi is set to shine exponentially brighter on the global stage in 2025.
This year, the city exceeded expectations by capturing strong international recognition, making it both a top travel destination and an emerging investment hotspot.
Batumi has already earned accolades as one of Europe’s top destinations for 2024.
It has been recognized by the prestigious World Travel Awards and the highly regarded European Best Destinations (EBD) competition.
Batumi ranked among Europe’s Top 5 Best Destinations to visit for its safety, green spaces, and welcoming atmosphere. U.S. travelers have especially embraced Batumi, placing it ahead of formerly gravitating cities like London in EBD’s voting.
Its appeal isn’t just limited to tourism; Batumi’s low crime rate (half that of Vienna) and dynamic mix of modern and historic attractions make it a standout city. Travelers from around the globe are flocking to this Black Sea gem for romantic getaways, wellness retreats, and cultural explorations.
Batumi’s Tourism and Real Estate Boom
Global recognition is accelerating a dramatic economic transformation in Batumi.
The city’s growing tourism industry is driving unprecedented demand for hotels, restaurants, and cultural activities. This wave of tourism has sparked a chain reaction, revitalizing businesses and luring global brands to Batumi.
Simultaneously, Batumi’s real estate market is thriving.
Competitive property prices that are still significantly lower than other European coastal cities have caught the attention of investors. Rental properties, in particular, are proving to be highly lucrative, thanks to the steady stream of tourists. In fact, Batumi has already reached 3rd place in The 10 Top Places To Invest In Europe.
Why Investors Are Now Favoring Batumi
The city offers a business-friendly environment with streamlined registration processes, low taxes, and the ability to repatriate profits easily.
Real estate remains one of Batumi’s most attractive investment opportunities. Centrally located apartments average just €1,000 per square meter, providing unparalleled value compared to other European cities. The combination of affordability and impressive 10-13% returns on real estate investments makes Batumi an irresistible choice for growth-oriented investors.
With a flat 1% tax rate for businesses and a low cost of living, Batumi presents a highly favorable environment for startups and established companies alike.
Your Gateway to Success with Like House
At Like House, we specialize in helping clients explore the thriving Batumi real estate market. With 19 years of experience and a portfolio of 15 completed projects—plus two more under construction—our team of 250 professionals is ready to guide you in securing your dream property or lucrative investment.
Whether you’re looking for a vacation home, a second residence, or a high-return investment opportunity, Like House is your trusted partner in Batumi.
We’re ready to help you turn Batumi’s booming potential into your next success story.
