Property Prices in Georgia

Index Info
Price to Income Ratio: 14.31
Mortgage as Percentage of Income: 181.32%
Loan Affordability Index: 0.55
Price to Rent Ratio - City Centre: 15.45
Price to Rent Ratio - Outside of Centre: 13.12
Gross Rental Yield (City Centre): 6.47%
Gross Rental Yield (Outside of Centre): 7.62%
Rent Per Month
[ Edit ] Range
Apartment (1 bedroom) in City Centre 1,038.12 GEL 612.79-1,550.00
Apartment (1 bedroom) Outside of Centre 649.92 GEL 400.00-994.50
Apartment (3 bedrooms) in City Centre 1,974.35 GEL 1,000.00-3,500.00
Apartment (3 bedrooms) Outside of Centre 1,283.45 GEL 663.00-2,500.00
Buy Apartment Price
[ Edit ]
Price per Square Feet to Buy Apartment in City Centre 333.41 GEL 185.80-455.22
Price per Square Feet to Buy Apartment Outside of Centre 180.43 GEL 92.90-278.71
Salaries And Financing
[ Edit ]
Average Monthly Net Salary (After Tax) 965.99 GEL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.34 8.00-15.00

These data are based on 530 entries in the past 18 months from 78 different contributors.
Last update: November 2020
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