Property Prices in Rustavi, Georgia

Index Info
Price to Income Ratio: 34.00
Mortgage as Percentage of Income: 582.99%
Loan Affordability Index: 0.17
Price to Rent Ratio - City Centre: 16.67
Price to Rent Ratio - Outside of Centre: 13.30
Gross Rental Yield (City Centre): 6.00%
Gross Rental Yield (Outside of Centre): 7.52%

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Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 750.00 GEL
Apartment (1 bedroom) Outside of Centre 650.00 GEL
Apartment (3 bedrooms) in City Centre 550.00 GEL
Apartment (3 bedrooms) Outside of Centre 500.00 GEL
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 185.80 GEL 185.80-185.80
Price per Square Feet to Buy Apartment Outside of Centre 130.06 GEL 120.77-139.35
Salaries And Financing
Average Monthly Net Salary (After Tax) 250.00 GEL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 16.50 15.00-18.00

These data are based on 11 entries in the past 18 months from 2 different contributors.
Last update: March 2021

Sources and References
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