Property Prices in Georgia

Index Info
Price to Income Ratio: 14.76
Mortgage as Percentage of Income: 189.83%
Loan Affordability Index: 0.53
Price to Rent Ratio - City Centre: 18.53
Price to Rent Ratio - Outside of Centre: 15.42
Gross Rental Yield (City Centre): 5.40%
Gross Rental Yield (Outside of Centre): 6.48%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 833.35 GEL 550.00-1,550.00
Apartment (1 bedroom) Outside of Centre 579.78 GEL 400.00-954.00
Apartment (3 bedrooms) in City Centre 1,783.17 GEL 1,000.00-3,420.00
Apartment (3 bedrooms) Outside of Centre 1,238.81 GEL 684.00-2,240.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 339.68 GEL 222.97-464.51
Price per Square Feet to Buy Apartment Outside of Centre 196.48 GEL 127.09-278.71
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 977.63 GEL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.58 8.00-15.00

These data are based on 495 entries in the past 18 months from 69 different contributors.
Last update: May 2021
Our data for each country are based on all entries from all cities in that country.

Sources and References
This page in other languages:

DeutschImmobilienpreise in Georgien
PortuguêsPreços de Imóveis na Geórgia
ItalianoPrezzi delle proprietà immobiliari in Georgia
FrançaisPrix de l'immobilier en Géorgie
EspañolPrecios de Inmuebles en Georgia