Property Prices in Georgia

Index Info
Price to Income Ratio: 13.35
Mortgage as Percentange of Income: 169.47%
Loan Affordability Index: 0.59
Price to Rent Ratio - City Centre: 13.62
Price to Rent Ratio - Outside of Centre: 13.46
Gross Rental Yield (City Centre): 7.34%
Gross Rental Yield (Outside of Centre): 7.43%
Rent Per Month [ Edit ] Avg. Range
Apartment (1 bedroom) in City Centre 724.48 GEL 500.00-1,049.91
Apartment (1 bedroom) Outside of Centre 443.93 GEL 300.00-600.00
Apartment (3 bedrooms) in City Centre 1,373.59 GEL 900.00-2,200.00
Apartment (3 bedrooms) Outside of Centre 792.13 GEL 500.00-1,130.68
Buy Apartment Price [ Edit ] Avg.
Price per Square Feet to Buy Apartment in City Centre 204.78 GEL 139.35-278.71
Price per Square Feet to Buy Apartment Outside of Centre 120.62 GEL 83.61-178.96
Salaries And Financing [ Edit ] Avg.
Average Monthly Net Salary (After Tax) 656.11 GEL
Mortgage Interest Rate in Percentages (%), Yearly 11.38 8.00-18.00

These data are based on 199 entries in the past 18 months from 29 different contributors.
Last update: May 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!