Property Prices in Georgia

Index Info
Price to Income Ratio: 13.74
Mortgage as Percentange of Income: 170.04%
Loan Affordability Index: 0.59
Price to Rent Ratio - City Centre: 13.83
Price to Rent Ratio - Outside of Centre: 13.04
Gross Rental Yield (City Centre): 7.23%
Gross Rental Yield (Outside of Centre): 7.67%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 752.39 GEL 500.00-1,118.21
Apartment (1 bedroom) Outside of Centre 461.38 GEL 300.00-650.00
Apartment (3 bedrooms) in City Centre 1,565.64 GEL 700.00-2,484.91
Apartment (3 bedrooms) Outside of Centre 912.78 GEL 500.00-1,500.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 225.81 GEL 167.22-306.58
Price per Square Feet to Buy Apartment Outside of Centre 127.41 GEL 92.90-184.68
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 691.57 GEL
Mortgage Interest Rate in Percentages (%), Yearly, Fixed-Rate 10.98 7.20-18.00

These data are based on 197 entries in the past 18 months from 31 different contributors.
Last update: November 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!