“TBC CAPITAL”: IN 2024, HOUSING RENTS AND REAL ESTATE YIELDS STABILIZED IN BATUMI

The residential real estate market of Batumi has grown significantly since 2021, and in 2024 its volume amounted to $900 million, which is practically unchanged from 2023, TBC Capital said.

Because of strong wave of migration in 2022-2023 (after the outbreak of the Russian war in Ukraine), rental prices and real estate yield reached a historical maximum, but these indicators stabilized in 2024, TBC Capital pointed out.