Property Prices in Georgia

Index Info
Price to Income Ratio: 12.28
Mortgage as Percentange of Income: 152.54%
Loan Affordability Index: 0.66
Price to Rent Ratio - City Centre: 13.17
Price to Rent Ratio - Outside of Centre: 13.02
Gross Rental Yield (City Centre): 7.59%
Gross Rental Yield (Outside of Centre): 7.68%
Rent Per Month [ Edit ] Avg. Range
Apartment (1 bedroom) in City Centre 726.81 GEL 500.00-1,026.87
Apartment (1 bedroom) Outside of Centre 439.33 GEL 300.00-600.00
Apartment (3 bedrooms) in City Centre 1,351.11 GEL 900.00-2,100.00
Apartment (3 bedrooms) Outside of Centre 800.65 GEL 500.00-1,105.86
Buy Apartment Price [ Edit ] Avg.
Price per Square Feet to Buy Apartment in City Centre 196.85 GEL 139.35-278.71
Price per Square Feet to Buy Apartment Outside of Centre 116.56 GEL 83.61-167.22
Salaries And Financing [ Edit ] Avg.
Average Monthly Net Salary (After Tax) 686.70 GEL
Mortgage Interest Rate in Percentages (%), Yearly 11.04 9.00-14.00

These data are based on 208 entries in the past 18 months from 30 different contributors.
Last update: March, 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!