Property Prices in Georgia

Index Info
Price to Income Ratio: 13.21
Mortgage as Percentange of Income: 167.24%
Loan Affordability Index: 0.60
Price to Rent Ratio - City Centre: 13.72
Price to Rent Ratio - Outside of Centre: 13.82
Gross Rental Yield (City Centre): 7.29%
Gross Rental Yield (Outside of Centre): 7.23%
Rent Per Month [ Edit ] Avg. Range
Apartment (1 bedroom) in City Centre 712.59 GEL 500.00-1,000.00
Apartment (1 bedroom) Outside of Centre 435.52 GEL 300.00-600.00
Apartment (3 bedrooms) in City Centre 1,323.41 GEL 900.00-2,200.00
Apartment (3 bedrooms) Outside of Centre 772.99 GEL 500.00-1,100.00
Buy Apartment Price [ Edit ] Avg.
Price per Square Feet to Buy Apartment in City Centre 201.07 GEL 139.35-278.71
Price per Square Feet to Buy Apartment Outside of Centre 121.25 GEL 83.61-177.47
Salaries And Financing [ Edit ] Avg.
Average Monthly Net Salary (After Tax) 656.67 GEL
Mortgage Interest Rate in Percentages (%), Yearly 11.34 9.00-16.00

These data are based on 209 entries in the past 18 months from 29 different contributors.
Last update: April, 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!