Gross rental yields in Georgia: Tbilisi and Batumi

The average gross rental yield in Georgia stands at 7.90% (Q3, 2025). Previously, in Q1 2025, the rental yield was 7.53%.

Cities compared
  • Tbilisi
  • Batumi
Historical rental yields in Georgia

View the full rental yield dataset (2022 - Present)


   
TBILISI - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Saburtalo  
Studio €58,200 €340 7.01%
1-Bedroom €94,100 €470 5.99%
2-Bedroom €128,400 €640 5.98%
3-Bedroom €171,200 €860 6.03%
4+Bedroom €205,400 €1,110 6.48%
Vake  
1-Bedroom €138,600 €690 5.97%
2-Bedroom €205,400 €1,030 6.02%
3-Bedroom €269,600 €1,460 6.50%
4+Bedroom €359,400 €1,970 6.58%
Didi digomi  
Studio €38,100 €300 9.45%
1-Bedroom €57,300 €350 7.33%
2-Bedroom €74,500 €450 7.25%
3-Bedroom €99,300 €510 6.16%
Gldani  
Studio €39,800 €290 8.74%
1-Bedroom €59,300 €350 7.08%
2-Bedroom €75,200 €430 6.86%
3-Bedroom €85,600 €510 7.15%
Varketili  
Studio €39,400 €260 7.92%
1-Bedroom €55,600 €340 7.34%
2-Bedroom €71,000 €410 6.93%
3-Bedroom €89,900 €510 6.81%
4+Bedroom €107,000 €510 5.72%
Isani  
Studio €38,500 €300 9.35%
1-Bedroom €62,900 €430 8.20%
2-Bedroom €88,100 €510 6.95%
3-Bedroom €132,600 €600 5.43%
Didube  
Studio €47,100 €320 8.15%
1-Bedroom €70,200 €430 7.35%
2-Bedroom €102,700 €510 5.96%
3-Bedroom €113,000 €640 6.80%
4+Bedroom €143,800 €680 5.67%
Nadzaladevi  
Studio €45,400 €300 7.93%
1-Bedroom €67,600 €390 6.92%
2-Bedroom €89,900 €510 6.81%
3-Bedroom €111,300 €560 6.04%
Tbilisi (all locations)  
Studio €43,000 €320 8.93%
1-Bedroom €67,300 €430 7.67%
2-Bedroom €98,400 €560 6.83%
3-Bedroom €141,200 €860 7.31%
4+Bedroom €198,500 €1,270 7.68%
Tbilisi avg. Rental Yields 7.68%
BATUMI - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Khimshiashvili  
Studio €44,300 €340 9.21%
1-Bedroom €64,200 €470 8.79%
2-Bedroom €102,700 €640 7.48%
3-Bedroom €128,400 €770 7.20%
Airport  
Studio €42,800 €340 9.53%
1-Bedroom €60,800 €470 9.28%
2-Bedroom €84,700 €600 8.50%
Bagrationi  
Studio €38,500 €340 10.60%
1-Bedroom €57,900 €430 8.91%
2-Bedroom €89,900 €510 6.81%
3-Bedroom €113,000 €770 8.18%
Old Batumi  
1-Bedroom €94,100 €470 5.99%
2-Bedroom €128,400 €690 6.45%
3-Bedroom €176,300 €770 5.24%
Rustaveli  
Studio €66,300 €340 6.15%
2-Bedroom €80,900 €470 6.97%
2-Bedroom €119,800 €690 6.91%
3-Bedroom €196,800 €940 5.73%
Agmashenebeli  
1-Bedroom €55,600 €360 7.77%
2-Bedroom €71,000 €510 8.62%
Batumi (all locations)  
Studio €43,600 €320 8.81%
1-Bedroom €64,200 €470 8.79%
2-Bedroom €94,100 €600 7.65%
3-Bedroom €128,400 €770 7.20%
Batumi avg. Rental Yields 8.11%
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 and SS.ge

Research Methodology:

Our rental yield analysis is conducted biannually to ensure up-to-date insights. We assess 1-bedroom, 2-bedroom, and 3-bedroom properties across the largest cities in Georgia, comparing median rental prices with median purchase prices to determine gross rental yields.

We source data from a leading local property platform, capturing both asking rents and list prices to reflect current market conditions. The gross rental yield is calculated using the following formula:

(Median Monthly Rent × 12) ÷ Median Purchase Price × 100

For example, if the median monthly rent is $500 and the median purchase price is $100,000, the yield is calculated as:

($500 × 12) ÷ $100,000 = 6% Gross Rental Yield

Note: NET yields vary from country to country, but are usually 1.5-2% lower.

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