Rental yields in Georgia are excellent to spectacular

December 08, 2022

Last Updated: Sept. 10, 2022
TBILISI - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Saburtalo
Studio €44,811 €394 10.55%
1-Bedroom €69,924 €640 10.99%
2-Bedroom €101,440 €788 9.32%
3-Bedroom €139,849 €1,270 10.90%
4+Bedroom €185,152 €1,674 10.85%
Vake
Studio €68,940 €492 8.57%
1-Bedroom €100,455 €886 10.59%
2-Bedroom €162,500 €1,182 8.73%
3-Bedroom €208,788 €1,773 10.19%
4+Bedroom €286,591 €2,265 9.48%
Didi digomi
Studio €30,777 €345 13.44%
1-Bedroom €46,288 €394 10.21%
2-Bedroom €62,046 €492 9.52%
3-Bedroom €78,788 €591 9.00%
4+Bedroom €96,811 €689 8.55%
Gldani
Studio €32,500 €260 9.60%
1-Bedroom €44,318 €435 11.77%
2-Bedroom €58,106 €492 10.17%
3-Bedroom €73,864 €522 8.48%
4+Bedroom €77,803 €591 9.11%
Varketili
Studio €30,038 €225 8.97%
1-Bedroom €41,364 €374 10.86%
2-Bedroom €56,629 €492 10.43%
3-Bedroom €68,940 €519 9.03%
4+Bedroom €79,773 €698 10.50%
Isuni
Studio €30,727 €394 15.38%
1-Bedroom €53,970 €561 12.48%
2-Bedroom €65,985 €571 10.39%
3-Bedroom €85,682 €640 8.97%
4+Bedroom €108,334 €779 8.63%
Didube
Studio €37,424 €345 11.05%
1-Bedroom €52,197 €492 11.32%
2-Bedroom €73,864 €640 10.40%
3-Bedroom €88,637 €689 9.33%
4+Bedroom €128,031 €709 6.65%
Nadzaladevi
Studio €32,500 €345 12.73%
1-Bedroom €55,152 €492 10.71%
2-Bedroom €70,909 €591 10.00%
3-Bedroom €83,712 €739 10.59%
4+Bedroom €106,364 €788 8.89%
Tbilisi avg. Rental Yields 10.18%
BATUMI - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Khimshiashvili
Studio €43,333 €492 13.64%
1-Bedroom €55,169 €591 12.85%
2-Bedroom €55,349 €707 15.33%
3-Bedroom €110,303 €985 10.71%
4+Bedroom €123,106 €985 9.60%
Airport
Studio €33,485 €492 17.65%
1-Bedroom €51,015 €443 10.42%
2-Bedroom €65,000 €640 11.82%
3-Bedroom €73,864 €640 10.40%
4+Bedroom €125,568 €689 6.59%
Bagrationi
Studio €37,326 €492 15.83%
1-Bedroom €49,243 €591 14.40%
2-Bedroom €64,015 €640 12.00%
3-Bedroom €82,727 €788 11.43%
4+Bedroom €101,440 €1,034 12.23%
Old Batumi
Studio €36,439 €492 16.22%
1-Bedroom €54,462 €591 13.02%
2-Bedroom €91,591 €788 10.32%
3-Bedroom €142,803 €1,034 8.69%
4+Bedroom €244,243 €1,477 7.26%
Rustaveli
Studio €44,811 €394 10.55%
1-Bedroom €63,030 €640 12.19%
2-Bedroom €88,637 €788 10.67%
3-Bedroom €147,728 €1,083 8.80%
4+Bedroom €187,122 €1,674 10.74%
Agmashenebeli
Studio €29,053 €492 20.34%
1-Bedroom €36,439 €492 16.22%
2-Bedroom €46,288 €542 14.04%
3-Bedroom €59,091 €640 13.00%
Batumi avg. Rental Yields 12.31%
KUTAISI - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Kutaisi (all locations)
Studio €23,636 €190 9.62%
1-Bedroom €29,546 €276 11.20%
2-Bedroom €45,303 €364 9.65%
3-Bedroom €57,121 €394 8.28%
Kutaisi avg. Rental Yields 9.69%
All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents fees, and any other costs. Net yields (what you´ll really earn) are typically around 1.5% to 2% lower.
Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule

Get updated rental yields data for 75 countries

Tbilisi's gross rental yields are excellent, with them ranging from 6.65% to 15.38% with an average of 10.18%.

Batumi produces even slightly better yields than Tbilisi, with an city average of 12.31%. In Kutaisi you can expect rental yields between 8.28% to 11.20%.

Round trip transaction costs are moderate for buyers of residential property. See our Georgia residential property transaction costs analysis and our Residential property transaction costs in Georgia compared to other countries