Property Prices in Rustavi, Georgia

Index Info
Price to Income Ratio: 7.35
Mortgage as Percentage of Income: 103.33%
Loan Affordability Index: 0.97
Price to Rent Ratio - City Centre: 9.03
Price to Rent Ratio - Outside of Centre: 11.27
Gross Rental Yield (City Centre): 11.07%
Gross Rental Yield (Outside of Centre): 8.88%

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Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 700.00 GEL
Apartment (1 bedroom) Outside of Centre 450.00 GEL 400.00-500.00
Apartment (3 bedrooms) in City Centre 1,200.00 GEL
Apartment (3 bedrooms) Outside of Centre 800.00 GEL
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 125.42 GEL 111.48-139.35
Price per Square Feet to Buy Apartment Outside of Centre 102.19 GEL 92.90-111.48
Salaries And Financing
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Average Monthly Net Salary (After Tax) 833.33 GEL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 13.00

These data are based on 13 entries in the past 18 months from 3 different contributors.
Last update: February 2024

Sources and References
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