In short
Two prices per square metre are comparable only if they rest on the same area, the same finish and the same payment terms. So check four things: which area is meant, in what condition the flat is handed over, whether the figure is a cash or instalment price, and which running costs and dates come with it. Then work with the total price, not the advertised rate per square metre.
The four stepsWhat the contract fixes is the total price. The rate per square metre is only a working figure, and each developer calculates it on its own definition of area.
See the worked exampleMethod
Take every offer through the same sequence and enter the figures in one table before you compare prices.
Ask which area the price refers to: internal area, area including balcony or terrace, including external walls, or including a share of corridors and stairwells. Compare brochure, contract and, later, the registry extract. Divide the total price by the internal area.
Black frame, white frame and green frame involve different amounts of work. Compare like with like, or get a quote for the missing work on the lower stage and add it to the price.
An instalment price is often higher than the price for paying in one sum. Ask for both on every offer and compare only the same payment terms.
Note the service charge per square metre and the area it is charged on. Record the handover date: a later handover ties up your money for longer without any use of the flat.
With a new build, your flat is usually entered in the public registry with its area only once the building is complete. Agree in the contract what happens if that area differs from the agreed one, for example whether, and from what deviation, the price is adjusted.
We have not found a binding standard in Georgian law that prescribes how developers state areas in their marketing. That is why the area definition in your contract is what counts.
Worked example
The figures are invented and serve only to show the calculation. They are not market prices and not a recommendation.
Illustrative figures. Current prices are on the project pages.
on 60 m² including an 8 m² balcony, total USD 60,000
on 53 m² internal area, balcony excluded, total USD 58,300
At first sight A is USD 100 per square metre cheaper.
USD 60,000 divided by 52 m² internal area
USD 58,300 divided by 53 m² internal area
On the same area basis B is cheaper. Counting the balcony pushed A's rate down.
plaster, screed, windows and services missing
ready for flooring, bathroom and kitchen
A still needs the step up to white frame. Get your own quote for it and add it to the purchase price.
24 monthly payments until handover
paid in one sum on signing
Ask A for its cash price and B for its instalment price, then compare like with like.
charged on 60 m², handover in 30 months
charged on 53 m², handover in 12 months
A costs USD 90 a month, B USD 63.60. B can also be used eighteen months earlier.
With these figures you can compare real projects side by side.
Compare projectsProjects in Batumi
Ask the developer whether the displayed price still applies. Take each project through the four steps before you compare figures.
Discover more locations and projects in search.
Go to project searchFrequently asked questions
Balconies, registered area, instalment prices and where to find official price data.
That depends on the developer. Some brochures quote a total area including balcony or terrace, others only the internal area. Ask for both figures and have the contract state which areas the price covers.
The area registered for your flat in the public registry. It can differ from the brochure figure. Agree in the contract what happens if it does.
Divide each total price by the internal area, adjust for the finish and compare cash price with cash price. Only then does the difference show which offer is cheaper.
Often yes, because the developer receives the money later. Ask for both prices on every offer and work out the difference as a percentage.
Our guide to property prices in Georgia explains what the official statistics show. For a specific project, only the developer's current offer counts.
Last reviewed on 2 November 2026. Sources: Civil Code of Georgia (matsne.gov.ge), Art. 183: written form and registration when acquiring immovable property, National Agency of Public Registry (napr.gov.ge): registry extract with registered area, Published project information on AcrossEstate. This guide is not legal or tax advice.
Read next
What the handover stages include, how payment plans work and what official price data shows.
A lower rate per square metre is an advantage only once area, finish, price type and running costs match.