Batumi flat sales fell 10.4% in September, but new-build prices rose 5.2%
Fewer registered deals give buyers room to negotiate, but prices have not fallen, so a discount only counts when it is checked on the same apartment.
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Lead analysis
Poland: more homes in the pipeline, less building work — what the two signals mean
Two releases from Statistics Poland on 20 October seem to point in opposite directions. Housing figures show a growing pipeline, while construction output for January–September was 4.7% lower than a year earlier (GUS).
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🇬🇪Georgia · NewsAdjara passes 3 million tourist visits and prepares for a winter season in Batumi and GoderdziThe total number of tourist visits to Adjara has passed 3 million, according to figures presented on 28 October at a meeting of the regional government, Batumi City Hall and the tourism industry. Officials discussed how to keep visitors coming in autumn and winter.→🇬🇪Georgia · NewsGeorgia issued 8,632 construction permits in nine months, almost half of them in TbilisiGeorgia granted 8,632 construction permits in January–September 2026, 0.4% more than a year earlier, according to the National Statistics Office of Georgia (Geostat). The permits cover buildings with a total area of 8,654.8 thousand m², up 2.0%.→🇧🇬Bulgaria · NewsBulgarian housing loans grew 24.8% in a year, while the average mortgage rate stayed near 2.4%Loans for house purchases in Bulgaria reached €19,645.6 million at the end of September 2026, 24.8% more than a year earlier, according to the Bulgarian National Bank (BNB). Mortgages still grow faster than any other type of household credit.→🇬🇪Georgia · Investor WatchBatumi flat sales fell 10.4% in September, but new-build prices rose 5.2%Batumi registered 1,614 flat transactions in September 2026, 10.4% fewer than a year earlier, according to Colliers Georgia figures reviewed by HomeRadar. Over the same period the weighted-average price of new-build flats rose 5.2% to $1,408 per m².→🇬🇷Greece · NewsGreek banks see flat demand for home loans as household credit grows 2.3%Bank credit to individuals in Greece was 2.3% higher in September 2026 than a year earlier, the Bank of Greece reported on 27 October. In its Bank Lending Survey for the third quarter, banks said demand for housing loans remained almost unchanged.→🇵🇱Poland · NewsPoland keeps its reference rate at 3.75%: what the pause means for home financingPoland’s Monetary Policy Council left all National Bank of Poland policy rates unchanged on 7 October 2026. The reference rate remains 3.75% a year. For homebuyers and borrowers, the decision is a pause in the policy benchmark—not an instruction to banks to freeze or cut every mortgage offer.→🇨🇾Cyprus · NewsCyprus house prices rose 7.9% in a year, wages only 3.0%Average gross monthly earnings in Cyprus reached €2,548 in the second quarter of 2026, 3.0% more than a year earlier, the Statistical Service of Cyprus (CYSTAT) reported on 26 October. In the same quarter its House Price Index was 7.9% higher than a year before.→🇷🇴Romania · NewsRomanian household loans in lei grew 9.2% in a year, while foreign-currency loans shrank 12%Loans to Romanian households in lei reached 204,978 million lei at the end of September 2026, 9.2% more than a year earlier, according to the National Bank of Romania (BNR). Household loans in foreign currency fell 12.2% to 13,836 million lei.→🇬🇪Georgia · Investor WatchBatumi new-build asking prices: HomeRadar sets a $2,265 per m² baseline for its first indexHomeRadar has launched a price index for new apartments in Batumi. Its baseline, dated 11 October 2026, covers 1,996 available apartments of 25–60 m² in 22 developments, with a median of $2,265 per m². These are asking prices, and no monthly change has been measured yet.→🇨🇾Cyprus · NewsCyprus tourist arrivals rose 1.8% in September, narrowing this year's gapCyprus received 580,889 tourists in September 2026, 1.8% more than a year earlier, according to the Statistical Service of Cyprus (CYSTAT). For January–September, arrivals totalled 3.40 million, 5.6% fewer than in 2025. The year-to-date fall was 7.0% after August, so the gap has narrowed.→
Investor Watch
Events that could change an investment decision.
Batumi new-build asking prices: HomeRadar sets a $2,265 per m² baseline for its first index
Claims that Batumi prices rise every month can now be tested on repeat prices for the same apartments, starting with HomeRadar's next update.
Ready or off-plan in Batumi: HomeRadar puts a price on two years of waiting
A cheaper off-plan flat is not automatically the better deal. In HomeRadar's example, a ready studio's modelled rent covers a $10,145 price gap in about two years, while the off-plan unit is expected to be handed over only in 2028–2029.
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