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Property Prices in Georgia

Index Info
Price to Income Ratio: 12.42
Mortgage as Percentange of Income: 158.59%
Loan Affordability Index: 0.63
Price to Rent Ratio - City Centre: 14.68
Price to Rent Ratio - Outside of Centre: 13.84
Gross Rental Yield (City Centre): 6.81%
Gross Rental Yield (Outside of Centre): 7.23%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 713.12 GEL 500.00-1,100.00
Apartment (1 bedroom) Outside of Centre 457.45 GEL 300.00-700.00
Apartment (3 bedrooms) in City Centre 1,452.54 GEL 800.00-2,500.00
Apartment (3 bedrooms) Outside of Centre 826.07 GEL 450.00-1,468.19
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 224.77 GEL 139.35-325.16
Price per Square Feet to Buy Apartment Outside of Centre 128.48 GEL 74.32-185.80
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 765.18 GEL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.46 7.20-18.00

These data are based on 327 entries in the past 18 months from 49 different contributors.
Last update: October 2018
Our data for each country are based on all entries from all cities in that country.

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More about Georgia: Cost of Living | Crime | Climate | Food Prices | Gas Prices | Health Care | Pollution | Property Prices | Quality of Life | Taxi Fare | Traffic

Property Prices in this country for some cities: Batumi, Ajara, Rustavi, Tbilisi

We would like to gather more data for: Abasha, Abastumani, Adigeni, Agara, Akhaldaba, Akhalgori, Akhmeta, Ambrolauri, Aspindza, Bagdati, Bakuriani, ... Update information for Georgia!