Property Prices in Kobuleti, Georgia

Index Info
Price to Income Ratio: 12.14
Mortgage as Percentage of Income: ?
Loan Affordability Index: ?
Price to Rent Ratio - City Centre: 9.87
Price to Rent Ratio - Outside of Centre: 14.05
Gross Rental Yield (City Centre): 10.13%
Gross Rental Yield (Outside of Centre): 7.12%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 1,291.88 GEL 1,200.0-3,282.0
Apartment (1 bedroom) Outside of Centre 758.75 GEL 625.0-1,094.0
Apartment (3 bedrooms) in City Centre 2,358.0 GEL 1,750.0-3,282.0
Apartment (3 bedrooms) Outside of Centre 1,012.5 GEL 600.0-1,500.0
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 260.13 GEL 250.84-278.71
Price per Square Feet to Buy Apartment Outside of Centre 190.9 GEL 177.86-209.03
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,000.0 GEL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate ?

These data are based on 30 entries in the past 18 months from 6 different contributors.
Last update: May 2024

Sources and References
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