Property Prices in Tbilisi, Georgia

Index Info
Price to Income Ratio: 14.06
Mortgage as Percentage of Income: 174.63%
Loan Affordability Index: 0.57
Price to Rent Ratio - City Centre: 15.84
Price to Rent Ratio - Outside of Centre: 14.78
Gross Rental Yield (City Centre): 6.31%
Gross Rental Yield (Outside of Centre): 6.76%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,132.04 GEL 700.00-1,657.50
Apartment (1 bedroom) Outside of Centre 690.41 GEL 430.95-1,000.00
Apartment (3 bedrooms) in City Centre 2,298.07 GEL 1,200.00-3,500.00
Apartment (3 bedrooms) Outside of Centre 1,484.53 GEL 800.00-2,500.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 384.39 GEL 278.71-461.96
Price per Square Feet to Buy Apartment Outside of Centre 225.01 GEL 167.22-278.71
Salaries And Financing
Average Monthly Net Salary (After Tax) 1,166.09 GEL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.04 8.00-18.00

These data are based on 333 entries in the past 18 months from 47 different contributors.
Last update: February 2021

Sources and References
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11 Comments so far
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).
nafis on Jan 20, 2019:
selling 15th floor apartment in saburtalo( marshal glovani) 58square meters 1 balcony excellent view , white frame price: 60.000$ please email me
Ramaz on Dec 17, 2018:
For fellow foreign students considering to study in Georgia, the information on this website is relatively true about the cost of living in Georgia. However, international students can spend less while living in Georgia by either living in their university's hostel or sharing an apartment with another student. helps alot in this regards too. is the trusted organization that helps international students to get admission, visa, affordable accommodation and residence permit to live and study in Georgia. So, if you're considering studying in Georgia, I recommend you check them out.

Also, anyone considering investing in Tbilisi and renting their property to geniune students can liaise with to offer their apartment to students.
Zaheer Ahmed Shaikh on Jul 25, 2018:
Dear Sir/Madam

What is the reasonable price of studio apartment in central Tibilisi in Georgia. If I want to buy on cash.
Drs. J.C. Nobels on Jul 04, 2018:
Dear Mahesh,
In case you are living in Georgia then you can contact me. Because I can help you with the right information to get your residence card.
Mahesh on Apr 11, 2018:
I want to buy 1BR or Studio good location like Vake ,tbilisi, subarato. i heard that if buy $35000 you can get PR.
some one having idea please advise
Levan on Apr 11, 2018:
Price 80.000$ In case of a real interest, the price can be negotiated. For sale a newly renovated 3 room apartment of 100 sq.m. floor 4/8 in a new building in Didi Digomi, D. Tavdadebuli street 10a, Tbilisi, Georgia. The building is built in 2013 and approved by Tbilisi City Hall. All the rooms have a separate entrance, including dining room, high-quality renovation, fully furnished and provided with all the necessary home appliances, satellite television, wi-fi, central heating, intercom, storeroom, two iron doors, the entrance hall is regularly cleaned, with coded doors and working elevator. The entrance hall and the parking are under 24/7 video surveillance. Tel. +995 555 90 23 99 - owner
Faisal on Sep 14, 2017:
I would like to buy 1 room or studio apartment with in 30 minutes commute from David Tvildiani Medical University(tbilisi georgia).
Rodson on Aug 19, 2017:
I am an Indian from Cape Town South Africa will like to date ladies 40to 50 no chancers
morteza amin on Aug 19, 2017:
Hi,I would like to buy an appartment in a Tbilisi in Vake or saburtalo for 35000US Dollar,would you help me in this case?