Property Prices in Georgia

Index Info
Price to Income Ratio: 14.44
Mortgage as Percentange of Income: 178.57%
Loan Affordability Index: 0.56
Price to Rent Ratio - City Centre: 14.05
Price to Rent Ratio - Outside of Centre: 13.57
Gross Rental Yield (City Centre): 7.12%
Gross Rental Yield (Outside of Centre): 7.37%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 728.62 GEL 500.00-1,000.00
Apartment (1 bedroom) Outside of Centre 445.71 GEL 300.00-600.00
Apartment (3 bedrooms) in City Centre 1,493.89 GEL 920.00-2,200.00
Apartment (3 bedrooms) Outside of Centre 882.50 GEL 500.00-1,485.16
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 220.49 GEL 167.22-306.58
Price per Square Feet to Buy Apartment Outside of Centre 128.12 GEL 92.90-183.97
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 649.85 GEL
Mortgage Interest Rate in Percentages (%), Yearly 10.98 7.20-18.00

These data are based on 198 entries in the past 18 months from 29 different contributors.
Last update: September 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!