Property Prices in Tbilisi, Georgia

Index Info
Price to Income Ratio: 14.71
Mortgage as Percentage of Income: 186.42%
Loan Affordability Index: 0.54
Price to Rent Ratio - City Centre: 12.64
Price to Rent Ratio - Outside of Centre: 10.58
Gross Rental Yield (City Centre): 7.91%
Gross Rental Yield (Outside of Centre): 9.45%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,971.28 GEL 1,355.00-2,709.99
Apartment (1 bedroom) Outside of Centre 1,282.82 GEL 900.00-2,000.00
Apartment (3 bedrooms) in City Centre 3,681.71 GEL 2,500.00-6,000.00
Apartment (3 bedrooms) Outside of Centre 2,165.18 GEL 1,500.00-3,251.99
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 513.42 GEL 352.47-696.77
Price per Square Feet to Buy Apartment Outside of Centre 267.45 GEL 213.68-371.61
Salaries And Financing
Average Monthly Net Salary (After Tax) 1,428.75 GEL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.35 7.00-15.00

These data are based on 410 entries in the past 18 months from 70 different contributors.
Last update: July 2024

Sources and References
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3 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.