Looking to invest in Real Estate Georgia and not sure how to start? Information is overwhelming Indeed. I decided to use my knowledge and experience to make your search for Tbilisi Real Estate Easier. I do analyze more than over 200 flats for sale. for each of my clients. Yes, I do help them to make best investment decision possible and I would like to share the insights that I got working on this market right now. Before you proceed I advice you to read my post on which district you should chose to invest in Tbilisi. Which the best area for property investment in Georgia and where to look for houses for sale. Below you will find property prices in Tbilisi Hot and Cool districts of Georgia ( find on the before mentioned post what I mean by hot and cool district please, simply it’s shown on the picture below). I will also show you realistically, more laid forwards to pessimism, how much is rent for this kind of properties in Tbilisi, how much of rental yield and return on Investment (ROI) should you expect.
House Prices in Tbilisi, Georgia
Now as we divided the districts of Tbilisi into three major part – hot, cool and calm let’s talk about what is a market price of houses for sale in Georgia. Declaimer: This is not official figures for property prices in Tbilisi, I could not even find official figures. This is the data made by us as per my experience. This data we got from weekly analysis of over 200 flats for sale in Tbilisi.
Important Note: Below Prices are given in USD for your convenience:
|Avarage Property Buy/Sell Price Per m2||Invest in One bedroom – 42m2||Invest in Two Bedroom -60m2|
Expected Rental Income from your Tbilisi Property
Considering buying a real estate for rental income in Georgia, country? Make sure you are aware on current Georgia Real Estate market then. Now let’s compare together rental yield, which is probably most interesting for our readers. Let’s start from the hot are property. This is area mostly popular for short term rentals. How much of income should you expect on your Georgian Real Estate?
|Price in USD per night||Yield If Occupied 70% of times||ROI|
|Avarage Price per Night. 1 bedroom||25||6387.5||13%|
|Avarage Price per Night. 2 bedroom||35||8942.5||12%|
As we can see, investment return are very close for one bedroom studio flat and two bedroom apartments in this district. Also my estimation is super realistic, maybe more laid forwards to pessimism. Do not forget to take into account expenses associated with property maintenance, time required for serving short-term tenants and utilities which is usually paid by the host in case of short-term rentals. Now, as you will be looking to
invest in real estate market in Georgia, I hope that you have approximate
orient on average prices for flats for sale Tbilisi Real Estate market.
How much is Tbilisi Property Investment Return in Cool area?
Talking about Georgia Real Estate Market we should not be only looking for hot areas. Now if you are not sure what do I mean by cool area, make sure you read above definition suggested by me. You should not that long-term tenants do pay utilities and they bear other expenses related to property maintenance.
|Price in USD per month||Annual Yield||ROI|
|Avarage Price per Night. 1 bedroom||300||3600||10%|
|Avarage Price per Night. 2 bedroom||400||4800||9%|
Graphs - Investment versus Return Graph in various Districts of Tbilisi
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