Georgia real estate market — prices, rental yield and trend

• Average price: $1,737 / m²
• Gross rental yield: 7.21%
• Net rental yield: 6.85%
• Transaction cost: 4.9%
• Price basis: national average

Residential property in Georgia averages $1,737 per square metre. That makes it the 241st most expensive of the 264 markets in the set.

What a buyer pays in Georgia

The $1,737 figure is a national average across all residential property types, which flattens a wide spread — the capital typically runs far above it and small towns far below. Buying costs — transfer tax or stamp duty, notary, registration and agency — come to about 4.9% of the price here. On a 100 m² apartment at the average price that is roughly $8,511 on top of the $173,700 purchase price. That is below the 9.5% median across the set, which shortens the time it takes for a purchase to break even. Of that, the transfer tax alone is 0%; the rest is notary, registration and agency fees. Inside Georgia we track 2 local markets separately: Batumi at $1,497 (13.8% below the national figure) down to Tbilisi at $1,341.

What it earns

A square metre lets for about $10.4 a month. Against a purchase price of $1,737 per square metre that is 7.2% gross, before tax. Both figures come from the same source and the same period, so you can check the arithmetic yourself. It ranks 43rd of 311 markets by gross yield. Rental income is taxed at 5–20% — the rate is not a single number here. That is the difference between 5.8% and 6.9% net on the same property. The 6.9% net figure we publish uses 5%. On the way out there is a third tax: a non-resident seller pays 0–5% on the gain, depending on how long the property was held and who is selling.

How the tax works. 5% of the gross rent when an individual lets residential property and claims no expenses, which is the usual choice; the alternative net-basis regime at Georgia's general 20% income-tax rate is the upper end of the band. Non-resident eligibility for the 5% regime rests on Georgian practitioner sources rather than the primary text of the Tax Code. Source: PwC Georgia.

Who can buy in Georgia

Full ownership of residential and non-agricultural land. That is the rule a foreign buyer meets first, not legal advice — check the current position locally before you commit.

How this figure is built

The price figure for Georgia is built from asking prices from listings. It was last refreshed on 2026-10-29. We rate our confidence in this market’s data low — treat the figures as indicative and check them before acting. We recompute every market the same way; a figure that fails our checks is suppressed, not guessed.

Sources: geostat.ge · globalpropertyguide.com. Snapshot: 2026-10-29.