Property Prices in Georgia

Index Info
Price to Income Ratio: 13.68
Mortgage as Percentange of Income: 169.23%
Loan Affordability Index: 0.59
Price to Rent Ratio - City Centre: 13.78
Price to Rent Ratio - Outside of Centre: 13.22
Gross Rental Yield (City Centre): 7.25%
Gross Rental Yield (Outside of Centre): 7.56%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 732.30 GEL 500.00-1,078.77
Apartment (1 bedroom) Outside of Centre 445.86 GEL 300.00-600.00
Apartment (3 bedrooms) in City Centre 1,408.71 GEL 750.00-2,200.00
Apartment (3 bedrooms) Outside of Centre 819.19 GEL 500.00-1,170.84
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 210.94 GEL 139.35-306.58
Price per Square Feet to Buy Apartment Outside of Centre 120.63 GEL 83.61-178.17
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 652.20 GEL
Mortgage Interest Rate in Percentages (%), Yearly 10.98 7.20-18.00

These data are based on 206 entries in the past 18 months from 30 different contributors.
Last update: July 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!