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: 11.05
Price to Rent Ratio - Outside of Centre: 13.83
Gross Rental Yield (City Centre): 9.05%
Gross Rental Yield (Outside of Centre): 7.23%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 1,254.00 GEL 1,100.00-3,288.00
Apartment (1 bedroom) Outside of Centre 771.00 GEL 625.00-1,096.00
Apartment (3 bedrooms) in City Centre 1,887.50 GEL 1,400.00-3,288.00
Apartment (3 bedrooms) Outside of Centre 1,030.00 GEL 600.00-1,500.00
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 191.01 GEL 178.19-209.03
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,000.00 GEL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate ?

These data are based on 34 entries in the past 18 months from 7 different contributors.
Last update: November 2024

Sources and References
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