Property Prices in Batumi, Ajara, Georgia

Index Info
Price to Income Ratio: 10.19
Mortgage as Percentage of Income: 136.57%
Loan Affordability Index: 0.73
Price to Rent Ratio - City Centre: 11.00
Price to Rent Ratio - Outside of Centre: 11.15
Gross Rental Yield (City Centre): 9.09%
Gross Rental Yield (Outside of Centre): 8.97%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,369.52 GEL 1,200.00-1,850.00
Apartment (1 bedroom) Outside of Centre 973.05 GEL 800.00-1,200.00
Apartment (3 bedrooms) in City Centre 2,569.41 GEL 1,823.25-3,500.00
Apartment (3 bedrooms) Outside of Centre 1,813.64 GEL 1,200.00-2,524.50
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 311.04 GEL 185.80-464.51
Price per Square Feet to Buy Apartment Outside of Centre 223.44 GEL 139.35-286.65
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,410.78 GEL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 12.22 9.00-15.00

These data are based on 317 entries in the past 18 months from 50 different contributors.
Last update: February 2025

Sources and References
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