Property Prices in Tbilisi, Georgia

Index Info
Price to Income Ratio: 14.69
Mortgage as Percentage of Income: 186.01%
Loan Affordability Index: 0.54
Price to Rent Ratio - City Centre: 9.31
Price to Rent Ratio - Outside of Centre: 8.12
Gross Rental Yield (City Centre): 10.75%
Gross Rental Yield (Outside of Centre): 12.32%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,512.75 GEL 1,700.00-3,450.00
Apartment (1 bedroom) Outside of Centre 1,689.34 GEL 1,030.00-2,300.00
Apartment (3 bedrooms) in City Centre 4,236.62 GEL 2,800.00-6,437.50
Apartment (3 bedrooms) Outside of Centre 2,603.53 GEL 1,545.00-4,000.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 460.48 GEL 356.74-631.74
Price per Square Feet to Buy Apartment Outside of Centre 259.91 GEL 185.80-325.16
Salaries And Financing
Average Monthly Net Salary (After Tax) 1,320.03 GEL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.34 8.00-15.00

These data are based on 522 entries in the past 18 months from 90 different contributors.
Last update: March 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).