Property Prices in Georgia

Index Info
Price to Income Ratio: 11.88
Mortgage as Percentange of Income: 145.57%
Loan Affordability Index: 0.69
Price to Rent Ratio - City Centre: 14.90
Price to Rent Ratio - Outside of Centre: 14.19
Gross Rental Yield (City Centre): 6.71%
Gross Rental Yield (Outside of Centre): 7.05%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 690.18 GEL 500.00-1,000.00
Apartment (1 bedroom) Outside of Centre 440.91 GEL 300.00-700.00
Apartment (3 bedrooms) in City Centre 1,446.62 GEL 800.00-2,500.00
Apartment (3 bedrooms) Outside of Centre 812.84 GEL 450.00-1,300.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 223.84 GEL 139.35-325.16
Price per Square Feet to Buy Apartment Outside of Centre 128.22 GEL 78.41-185.80
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 797.37 GEL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 10.84 7.00-15.00

These data are based on 288 entries in the past 18 months from 44 different contributors.
Last update: July 2018
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, Rustavi, Tbilisi

We would like to gather more data for: Abasha, Abastumani, Adigeni, Agara, Akhaldaba, Akhalgori, Akhmeta, Ambrolauri, Aspindza, Bagdati, Bakuriani, ... Update information for Georgia!