Property Prices in Batumi, Ajara, Georgia

Index Info
Price to Income Ratio: 10.77
Mortgage as Percentage of Income: 143.79%
Loan Affordability Index: 0.70
Price to Rent Ratio - City Centre: 12.05
Price to Rent Ratio - Outside of Centre: 11.69
Gross Rental Yield (City Centre): 8.30%
Gross Rental Yield (Outside of Centre): 8.55%
Rent Per Month
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Apartment (1 bedroom) in City Centre 437.77 € 384.08-592.13
Apartment (1 bedroom) Outside of Centre 308.57 € 256.06-384.08
Apartment (3 bedrooms) in City Centre 817.35 € 572.33-1,120.24
Apartment (3 bedrooms) Outside of Centre 559.03 € 396.23-792.46
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 108.75 € 62.44-163.60
Price per Square Feet to Buy Apartment Outside of Centre 73.33 € 50.55-98.16
Salaries And Financing
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Average Monthly Net Salary (After Tax) 455.07 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 12.17 10.00-15.00

These data are based on 308 entries from 47 contributors over the past 18 months.
Last update: April 2025

Sources and References
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