Property Prices in Georgia

Index Info
Price to Income Ratio: 12.48
Mortgage as Percentage of Income: 164.87%
Loan Affordability Index: 0.61
Price to Rent Ratio - City Centre: 10.96
Price to Rent Ratio - Outside of Centre: 8.76
Gross Rental Yield (City Centre): 9.13%
Gross Rental Yield (Outside of Centre): 11.42%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,608.58 GEL 900.00-2,705.00
Apartment (1 bedroom) Outside of Centre 1,120.42 GEL 700.00-1,893.50
Apartment (3 bedrooms) in City Centre 2,874.58 GEL 1,505.78-4,869.00
Apartment (3 bedrooms) Outside of Centre 2,002.70 GEL 1,200.00-3,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 356.12 GEL 185.80-603.86
Price per Square Feet to Buy Apartment Outside of Centre 198.23 GEL 100.52-325.16
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,195.01 GEL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.99 8.50-18.00

These data are based on 596 entries in the past 18 months from 115 different contributors.
Last update: August 2022
Our data for each country are based on all entries from all cities in that country.

Sources and References
This page in other languages:

DeutschImmobilienpreise in Georgien
PortuguêsPreços de Imóveis na Geórgia
ItalianoPrezzi delle proprietà immobiliari in Georgia
FrançaisPrix de l'immobilier en Géorgie
EspañolPrecios de Inmuebles en Georgia