Property Prices in Georgia

Index Info
Price to Income Ratio: 12.26
Mortgage as Percentange of Income: 154.63%
Loan Affordability Index: 0.65
Price to Rent Ratio - City Centre: 13.29
Price to Rent Ratio - Outside of Centre: 13.28
Gross Rental Yield (City Centre): 7.52%
Gross Rental Yield (Outside of Centre): 7.53%
Rent Per Month [ Edit ] Avg. Range
Apartment (1 bedroom) in City Centre 698.67 GEL 450.00-1,092.94
Apartment (1 bedroom) Outside of Centre 421.43 GEL 300.00-600.00
Apartment (3 bedrooms) in City Centre 1,336.62 GEL 900.00-2,000.00
Apartment (3 bedrooms) Outside of Centre 779.83 GEL 500.00-1,100.00
Buy Apartment Price [ Edit ] Avg.
Price per Square Feet to Buy Apartment in City Centre 193.57 GEL 130.06-294.28
Price per Square Feet to Buy Apartment Outside of Centre 114.86 GEL 74.32-167.22
Salaries And Financing [ Edit ] Avg.
Average Monthly Disposable Salary (Net After Tax) 677.00 GEL
Mortgage Interest Rate in Percentages (%), Yearly 11.28 9.00-15.00

These data are based on 199 entries in the past 18 months from 30 different contributors.
Last update: February, 2017
Our data for each country are based on all entries from all cities in that country.

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

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