Apartments on New Boulevard, Batumi
New Boulevard is Batumi's seafront high-rise strip south of Ardagani Lake: the beach promenade and Sherif Khimshiashvili Street with Orbi City, Alliance Palace, Orbi Sea Towers, Orbi Residence and Orbi Beach Tower. The second line runs along Zhiuli Shartava Avenue and Shalva Inasaridze Street, and the south end reaches Lech and Maria Kaczynski Street and park towards the airport. Most units here are studios and one-bedroom apartments in hotel-managed towers, which makes the strip Batumi's main daily-rent market. October 2026 listings put the median sale price at about USD 1,800 per m2: about 1,570 in Orbi City and 2,560 in Alliance Palace. A one-bedroom rents for about USD 400 a month and a two-bedroom for about 600. Post your sale or rental ad on Bazarla for free and talk to buyers and tenants directly.
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- What is the price per m2 on New Boulevard in Batumi?
- The median of 3,801 October 2026 listings is about USD 1,800 per m2, with half between 1,510 and 2,140. That is about 8% above the Batumi median of 1,670.
- How much is an apartment in Orbi City?
- A typical Orbi City unit is a studio of about 33 m2 for about USD 52,000; the median is about USD 1,570 per m2 (418 listings). Alliance Palace is pricier at about USD 2,560 per m2.
- How much is rent on New Boulevard?
- Monthly: about USD 400 for a one-bedroom, 600 for a two-bedroom and 710 for a three-bedroom. Daily in October: about USD 27 a night for a one-bedroom and 38 for a two-bedroom; summer rates are higher.
- Which streets are on New Boulevard?
- Sherif Khimshiashvili Street (front line), Zhiuli Shartava Avenue and Shalva Inasaridze Street (second line), and in the south Lech and Maria Kaczynski Street and Zgvispiri (Seaside) Street.
- What gross yield do investors get?
- Galt & Taggart puts Batumi's 2025 gross rental yield at 7.4%. On our October medians an Orbi City studio let monthly (about USD 350 a month on a USD 52,000 price) grosses about 8% before costs; daily letting can gross more but management fees, cleaning and empty nights cut the net sharply.