Property Prices in Georgia

Index Info
Price to Income Ratio: 12.63
Mortgage as Percentage of Income: 167.73%
Loan Affordability Index: 0.60
Price to Rent Ratio - City Centre: 12.98
Price to Rent Ratio - Outside of Centre: 12.21
Gross Rental Yield (City Centre): 7.70%
Gross Rental Yield (Outside of Centre): 8.19%
Rent Per Month
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Apartment (1 bedroom) in City Centre 484.16 € 320.07-800.00
Apartment (1 bedroom) Outside of Centre 332.93 € 200.04-484.28
Apartment (3 bedrooms) in City Centre 911.17 € 544.12-1,584.92
Apartment (3 bedrooms) Outside of Centre 566.72 € 384.08-880.51
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 129.99 € 74.34-208.15
Price per Square Feet to Buy Apartment Outside of Centre 80.36 € 53.52-118.94
Salaries And Financing
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Average Monthly Net Salary (After Tax) 448.15 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 12.08 8.00-16.00

These data are based on 803 entries from 121 contributors over the past 18 months.
Last update: April 2025
Our data for each country are based on all entries from all cities in that country.

Sources and References
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