Property markets, without the sales pitch.
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Georgia's construction cost index rose by 2.3% in September 2026 from August and by 6.0% from September 2025, the National Statistics Office of Georgia (Geostat) reported on 6 November. Costs in the residential segment grew much more slowly, by 0.7% a year.
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A symbolic capsule was placed in the foundation of Cipriani Batumi on 4 November, marking the start of construction of the high-end residential and hotel complex, the Georgian government said. Prime Minister Irakli Kobakhidze attended the presentation.
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Brazilian football legend Ronaldinho arrived in Batumi on 3 November. According to developer Orbi Group, as reported by Georgia Online, he will become the owner of an apartment in the Cipriani Batumi residential complex.
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Rents in Georgia's consumer price index were 12.8% higher in October 2026 than a year earlier, according to Geostat's release of 3 November. Headline inflation rose to 5.9%, so rents grew more than twice as fast as prices overall.
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The 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.
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Georgia 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%.
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Prices of new homes in Tbilisi were 5.9% higher in the third quarter of 2026 than a year earlier, according to the Residential Property Price Index published by Geostat on 23 October. Compared with the second quarter, prices rose 1.5%. The annual rate is the highest since Q3 2025.
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Prices of materials used by Georgia's construction industry were 5.5% higher in September 2026 than a year earlier, according to the National Statistics Office of Georgia (Geostat) data published on 20 October. It is the highest annual rate this year; compared with August, prices rose 1.5%.
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Batumi City Hall has announced two tenders worth up to GEL 1 million in total to redesign the city's traffic schemes and draw up a new parking strategy, Batumelebi reported on 19 October, citing the tender documents. Bids are accepted from 12 to 17 November.
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The National Bank of Georgia kept its monetary policy rate at 8.25% on 21 October, the fourth decision in a row without a change (NBG). Annual inflation was 5.6% in September, against a 3% target, and about 2 percentage points of it came from energy prices.
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Georgia's CPI measure of housing rent rose 10.9% in the year to September, against 5.6% headline inflation. It does not describe asking rents in any one city.
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Georgia's overall construction cost index was 3.4% higher in August 2026 than a year earlier, while the residential segment was 0.6% lower. Geostat published the figures on 7 October. The split matters because a national construction headline is a poor shortcut to the price of a particular new apartment.
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NBG-linked July data put the sector’s loan portfolio at GEL 2.78 billion, down GEL 494 million year on year, while total business lending rose 12%.
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Georgia’s National Environment Agency said the September 19–20 rainfall was unprecedented for the month at Batumi station and temporarily overwhelmed parts of urban infrastructure.
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Second-quarter GDP data show why a national growth headline needs a closer look before it informs a property decision.
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Geostat's 15 September release offers new income data for the housing discussion, but does not measure how much rent a household can afford.
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