Property Prices in Tbilisi, Georgia

Index Info
Price to Income Ratio: 14.71
Mortgage as Percentage of Income: 186.48%
Loan Affordability Index: 0.54
Price to Rent Ratio - City Centre: 10.79
Price to Rent Ratio - Outside of Centre: 9.20
Gross Rental Yield (City Centre): 9.27%
Gross Rental Yield (Outside of Centre): 10.87%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,219.15 GEL 1,620.00-3,210.00
Apartment (1 bedroom) Outside of Centre 1,451.58 GEL 1,080.00-2,000.00
Apartment (3 bedrooms) in City Centre 4,009.17 GEL 2,700.00-6,680.00
Apartment (3 bedrooms) Outside of Centre 2,506.32 GEL 1,755.00-3,700.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 486.17 GEL 371.61-650.32
Price per Square Feet to Buy Apartment Outside of Centre 265.62 GEL 213.21-334.36
Salaries And Financing
Average Monthly Net Salary (After Tax) 1,375.10 GEL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.35 7.00-15.00

These data are based on 485 entries in the past 18 months from 87 different contributors.
Last update: December 2023

Sources and References
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4 Comments so far
Anonymous on Jul 02, 2021:
Hello Sir
Please provide more info in buying a appartment n permanent residence
Subhash singh parmar on May 25, 2021:
I want to know about the land(200 sq yards) rate near by best medical college University in tiblisii for paying guest accommodation for indian students'.
L.J on Oct 25, 2020:
Send me the property offers to me.
I'm interested in the apartments in the city centre.

Janusz mieciek on Apr 15, 2020:
I would like to rent a 750 m2 property in Tibilisi (office, drug production, warehouse).