Property Prices in Batumi, Ajara, Georgia

Index Info
Price to Income Ratio: 11.06
Mortgage as Percentage of Income: 147.66%
Loan Affordability Index: 0.68
Price to Rent Ratio - City Centre: 12.56
Price to Rent Ratio - Outside of Centre: 11.90
Gross Rental Yield (City Centre): 7.96%
Gross Rental Yield (Outside of Centre): 8.40%
Rent Per Month
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Apartment (1 bedroom) in City Centre 436.12 € 386.74-596.23
Apartment (1 bedroom) Outside of Centre 311.37 € 241.71-386.74
Apartment (3 bedrooms) in City Centre 822.45 € 575.04-1,128.00
Apartment (3 bedrooms) Outside of Centre 569.22 € 442.34-796.21
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 113.40 € 65.87-164.38
Price per Square Feet to Buy Apartment Outside of Centre 75.64 € 53.89-98.81
Salaries And Financing
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Average Monthly Net Salary (After Tax) 460.06 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 12.17 10.00-15.00

These data are based on 291 entries from 44 contributors over the past 18 months.
Last update: April 2025

Sources and References
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