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.

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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).