Property Prices in Kutaisi, Georgia

Index Info
Price to Income Ratio: 9.11
Mortgage as Percentage of Income: 149.29%
Loan Affordability Index: 0.67
Price to Rent Ratio - City Centre: 14.60
Price to Rent Ratio - Outside of Centre: 13.89
Gross Rental Yield (City Centre): 6.85%
Gross Rental Yield (Outside of Centre): 7.20%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre 902.67 GEL 700.00-1,076.00
1 Bedroom Apartment Outside of City Centre 699.01 GEL 600.00-958.09
3 Bedroom Apartment in City Centre 1,355.90 GEL 1,200.00-1,980.00
3 Bedroom Apartment Outside of City Centre 876.00 GEL 780.00-1,345.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 247.31 GEL 185.80-296.29
Price per Square Feet to Buy Apartment Outside of Centre 169.92 GEL 140.20-205.76
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 1,233.11 GEL
Annual Mortgage Interest Rate (20-Year Fixed, in %) 15.67 9.00-25.00

These data are based on 62 entries from 11 contributors over the past 18 months.
Last update: 27 December 2025

Sources and References
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

0 Comments so far