Gross rental yields in Georgia: Tbilisi and Batumi
The average gross rental yield in Georgia stands at 7.53% (Q1, 2025). Previously, in Q3 2024 the rental yield was 7.85%.
Cities compared
- Tbilisi
- Batumi
Historical rental yields in Georgia
View the full rental yield dataset (2022 - Present)
| Last Updated: Feb 20, 2025 Next Update: July 2025 |
|||
| TBILISI - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Saburtalo | |||
| Studio | €67,749 | €387 | 6.85% |
| 1-Bedroom | €102,592 | €580 | 6.78% |
| 2-Bedroom | €145,177 | €774 | 6.40% |
| 3-Bedroom | €193,570 | €968 | 6.00% |
| 4+Bedroom | €256,480 | €1,258 | 5.89% |
| Vake | |||
| 1-Bedroom | €164,534 | €774 | 5.65% |
| 2-Bedroom | €232,284 | €968 | 5.00% |
| 3-Bedroom | €309,712 | €1,451 | 5.62% |
| 4+Bedroom | €416,175 | €1,935 | 5.58% |
| Didi digomi | |||
| Studio | €40,649 | €345 | 10.18% |
| 1-Bedroom | €62,910 | €387 | 7.38% |
| 2-Bedroom | €83,235 | €532 | 7.67% |
| 3-Bedroom | €103,559 | €682 | 7.90% |
| Gldani | |||
| Studio | €44,521 | €310 | 8.36% |
| 1-Bedroom | €64,362 | €414 | 7.72% |
| 2-Bedroom | €84,202 | €484 | 6.90% |
| 3-Bedroom | €90,977 | €484 | 6.38% |
| Varketili | |||
| Studio | €45,488 | €276 | 7.28% |
| 1-Bedroom | €60,974 | €375 | 7.38% |
| 2-Bedroom | €79,363 | €449 | 6.79% |
| 3-Bedroom | €96,785 | €532 | 6.60% |
| 4+Bedroom | €109,367 | €667 | 7.32% |
| Isani | |||
| Studio | €46,456 | €339 | 8.76% |
| 1-Bedroom | €75,492 | €484 | 7.69% |
| 2-Bedroom | €97,752 | €580 | 7.12% |
| 3-Bedroom | €137,434 | €823 | 7.19% |
| Didube | |||
| Studio | €53,231 | €345 | 7.78% |
| 1-Bedroom | €77,428 | €484 | 7.50% |
| 2-Bedroom | €107,431 | €581 | 6.49% |
| 3-Bedroom | €127,756 | €750 | 7.04% |
| 4+Bedroom | €148,081 | €775 | 6.28% |
| Nadzaladevi | |||
| Studio | €50,328 | €367 | 8.75% |
| 1-Bedroom | €77,428 | €435 | 6.74% |
| 2-Bedroom | €101,624 | €580 | 6.85% |
| 3-Bedroom | €113,238 | €580 | 6.15% |
| Tbilisi (all locations) | |||
| Studio | €49,360 | €358 | 8.70% |
| 1-Bedroom | €76,460 | €484 | 7.60% |
| 2-Bedroom | €110,334 | €678 | 7.37% |
| 3-Bedroom | €154,856 | €919 | 7.12% |
| 4+Bedroom | €214,378 | €1,452 | 8.13% |
| Tbilisi avg. Rental Yields | 7.78% | ||
| BATUMI - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Khimshiashvili | |||
| Studio | €47,908 | €290 | 7.26% |
| 1-Bedroom | €72,104 | €470 | 7.82% |
| 2-Bedroom | €104,527 | €580 | 6.66% |
| 3-Bedroom | €174,213 | €1,064 | 7.33% |
| Airport | |||
| Studio | €46,456 | €319 | 8.24% |
| 1-Bedroom | €66,781 | €484 | 8.70% |
| 2-Bedroom | €91,461 | €581 | 7.62% |
| Bagrationi | |||
| Studio | €40,843 | €339 | 9.96% |
| 1-Bedroom | €67,265 | €425 | 7.58% |
| 2-Bedroom | €96,785 | €532 | 6.60% |
| 3-Bedroom | €145,177 | €871 | 7.20% |
| Old Batumi | |||
| 1-Bedroom | €84,202 | €494 | 7.04% |
| 2-Bedroom | €150,016 | €716 | 5.73% |
| 3-Bedroom | €212,927 | €919 | 5.18% |
| Rustaveli | |||
| Studio | €56,135 | €310 | 6.63% |
| 2-Bedroom | €89,042 | €484 | 6.52% |
| 2-Bedroom | €135,499 | €590 | 5.23% |
| 3-Bedroom | €201,312 | €774 | 4.61% |
| Agmashenebeli | |||
| 1-Bedroom | €60,006 | €387 | 7.74% |
| 2-Bedroom | €82,267 | €483 | 7.05% |
| Batumi (all locations) | |||
| Studio | €47,424 | €309 | 7.82% |
| 1-Bedroom | €70,169 | €483 | 8.26% |
| 2-Bedroom | €101,624 | €580 | 6.85% |
| 3-Bedroom | €140,338 | €725 | 6.20% |
| Batumi avg. Rental Yields | 7.28% | ||
| 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, 3-bedroom 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.