Property Prices in Batumi, Ajara, Georgia

Index Info
Price to Income Ratio: 10.14
Mortgage as Percentage of Income: 134.27%
Loan Affordability Index: 0.74
Price to Rent Ratio - City Centre: 11.12
Price to Rent Ratio - Outside of Centre: 10.86
Gross Rental Yield (City Centre): 8.99%
Gross Rental Yield (Outside of Centre): 9.21%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,406.58 GEL 1,100.00-1,988.00
Apartment (1 bedroom) Outside of Centre 992.13 GEL 800.00-1,420.00
Apartment (3 bedrooms) in City Centre 2,543.30 GEL 1,846.00-3,408.00
Apartment (3 bedrooms) Outside of Centre 1,821.97 GEL 1,200.00-2,556.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 317.75 GEL 185.80-464.51
Price per Square Feet to Buy Apartment Outside of Centre 220.31 GEL 120.77-306.58
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 1,428.31 GEL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 12.04 9.00-15.00

These data are based on 409 entries in the past 18 months from 69 different contributors.
Last update: January 2025

Sources and References
Sign Up for Our Newsletter:
Your Email Address:
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

0 Comments so far