Property Prices in Georgia

Index Info
Price to Income Ratio: 12.18
Mortgage as Percentage of Income: 158.41%
Loan Affordability Index: 0.63
Price to Rent Ratio - City Centre: 11.53
Price to Rent Ratio - Outside of Centre: 10.35
Gross Rental Yield (City Centre): 8.67%
Gross Rental Yield (Outside of Centre): 9.66%
Rent Per Month
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Apartment (1 bedroom) in City Centre 548.51 € 348.05-929.28
Apartment (1 bedroom) Outside of Centre 385.71 € 278.44-574.28
Apartment (3 bedrooms) in City Centre 1,089.73 € 743.43-1,858.57
Apartment (3 bedrooms) Outside of Centre 669.49 € 382.85-1,044.14
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 134.19 € 80.84-226.34
Price per Square Feet to Buy Apartment Outside of Centre 79.60 € 48.50-116.37
Salaries And Financing
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Average Monthly Net Salary (After Tax) 472.35 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.75 7.00-15.00

These data are based on 776 entries in the past 18 months from 126 different contributors.
Last update: May 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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