In Georgia, the rental yield of housing has reached a record high.

⭐ Rental yield of housing in Georgiajumpedto unprecedented heights, namely up to 12%. You can count on such a profit when renting out an apartment in a dormitory neighborhood of Tbilisi on a long-term basis.

✨Now the rental income in Georgia is significantly higher than the foreign currency deposit rates and is basically at the same level as the local currency deposit rate.

❇️This rise in yields is a result of the huge demand for rental housing in Georgia from immigrants.

❇️The number of concluded transactions is also growing. For example, in Tbilisi, 3,643 transactions were made in June 2023 - 7% more than in the same month last year.

Recommended News

Housing prices in Belgrade: how they have changed in two years and where to look for affordable housing

29 January

Potsdam: The History and Attractions of the City of Palaces and Gardens

9 October 2024

What are the requirements for a foreign passport to enter the UAE?

9 October 2024

How to buy an apartment in Serbia in 2025? Step-by-step guide for beginners

29 January

123

How can a foreigner buy property in Slovenia and avoid tax difficulties?

9 October 2024

Recommended real estate

Sale flat in Batumi 27 467 $

Georgia,Batumi

1 Bedroom

1 Bathroom

46 м²

Sale flat in Batumi 31 705 $

Georgia,Batumi

1 Bedroom

1 Bathroom

58 м²

Sale flat in Batumi 105 065 $

Georgia,Batumi

2 Bedrooms

1 Bathroom

61 м²

Sale flat in Batumi 75 785 $

Georgia,Batumi

1 Bedroom

1 Bathroom

45 м²

Sale flat in Batumi 49 981 $

Georgia,Batumi

1 Bedroom

1 Bathroom

44 м²

Sale flat in Batumi 96 060 $

Georgia,Batumi

2 Bedrooms

2 Bathrooms

79 м²

The market volume reached $279 million, up 29% year-on-year.

✅The average selling price in the Georgian capital is now $1162 per 1 sq.m. (up 26% for the year), and the rental price is $12.5 per "square" (+45% for the year).