Property Prices in Georgia

Index Info
Price to Income Ratio: 12.44
Mortgage as Percentange of Income: 153.96%
Loan Affordability Index: 0.65
Price to Rent Ratio - City Centre: 13.93
Price to Rent Ratio - Outside of Centre: 13.39
Gross Rental Yield (City Centre): 7.18%
Gross Rental Yield (Outside of Centre): 7.47%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 733.79 GEL 450.00-1,100.00
Apartment (1 bedroom) Outside of Centre 447.59 GEL 300.00-600.00
Apartment (3 bedrooms) in City Centre 1,536.96 GEL 700.00-2,400.00
Apartment (3 bedrooms) Outside of Centre 850.00 GEL 500.00-1,500.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 222.38 GEL 167.22-306.58
Price per Square Feet to Buy Apartment Outside of Centre 124.46 GEL 92.90-167.22
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 750.14 GEL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 10.98 7.00-18.00

These data are based on 191 entries in the past 18 months from 29 different contributors.
Last update: January 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, Tbilisi

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