Property Prices in Tbilisi, Georgia

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Index
Price to Income Ratio:	13.7
Mortgage as Percentage of Income:	171.93%
Loan Affordability Index:	0.58
Price to Rent Ratio - City Centre:	12.77
Price to Rent Ratio - Outside of Centre:	10.57
Gross Rental Yield (City Centre):	7.83%
Gross Rental Yield (Outside of Centre):	9.46%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	1,922.86 GEL	1,370.0-2,740.0
Apartment (1 bedroom) Outside of Centre	1,290.43 GEL	900.0-1,918.0
Apartment (3 bedrooms) in City Centre	3,778.5 GEL	2,650.0-6,028.0
Apartment (3 bedrooms) Outside of Centre	2,157.64 GEL	1,500.0-3,562.0
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	518.17 GEL	330.92-696.77
Price per Square Feet to Buy Apartment Outside of Centre	267.54 GEL	213.68-411.36
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	1,542.96 GEL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	11.2	7.0-15.0

These data are based on 382 entries in the past 18 months from 72 different contributors.
Last update: October 2024

Sources and References

Nearby cities:

Property Prices in Rustavi	20.85 miles
Property Prices in Marneuli	27.23 miles
Property Prices in Gardabani	27.26 miles
Property Prices in Akhalgori	39.09 miles
Property Prices in Tetri Tskaro	39.95 miles
Property Prices in Bolnisi	41.16 miles
Property Prices in Gori	52.07 miles
Property Prices in Bediani	52.19 miles
Property Prices in Kareli	64.24 miles
Property Prices in Signagi	68.68 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	17,100.0
GDP Growth Rate:	10.39%
Population Growth Rate:	-0.57%