Rental yields in Georgia are excellent to spectacular
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
Georgia - More data and information
- How expensive are houses in Georgia, compared to the rest of Asia?
- Property prices in Georgia. Graph of house price trends in Georgia
- How much rent can be earned from Georgian property, compared to the rest of Asia?
- How much tax must foreign owners pay when they rent out their Georgia property?
- Transaction costs in Georgia