The headline numbers

In October 2026, the property market in Georgia showed stable asking prices compared to the previous month. In Tbilisi, the median asking price for residential property was EUR 1,490/m2. The middle 50 percent of listings in the capital ranged from EUR 1,196/m2 to EUR 1,822/m2. The sample size for Tbilisi consisted of 372 sale listings. The median rent in Tbilisi was EUR 9/m2/month, resulting in a gross yield of 7.2 percent.

In Batumi, the median asking price was EUR 1,536/m2. The middle 50 percent of listings ranged from EUR 1,288/m2 to EUR 1,868/m2. The sample size for Batumi consisted of 382 sale listings. The median rent in Batumi was EUR 10/m2/month, resulting in a gross yield of 7.8 percent. Both cities maintained the same median prices and gross yields as recorded in September 2026.

Where prices sit by district

Property listings vary significantly by district. The following table outlines the median asking prices and gross rental yields for the reported areas.

DistrictCityPrice (EUR/m2)Yield (%)
VakeTbilisi1,9966.0
Old TbilisiTbilisi1,9966.0
Old BatumiBatumi1,9046.3
SaburtaloTbilisi1,6937.1
Tamar SettlementBatumi1,6658.6
RustaveliBatumi1,6287.4
DidubeTbilisi1,5736.1
Vake & Saburtalo (combined)Tbilisi1,5646.9
KhimshiashviliBatumi1,5648.4
Airport AreaBatumi1,5367.8
BagrationiBatumi1,4817.3
OrtachalaTbilisi1,4728.2
ChuguretiTbilisi1,4727.3
Nutsubidze PlateauTbilisi1,472n/a
Didube & Chugureti (combined)Tbilisi1,4637.4

Rental yields

Gross rental yields are calculated based on the median asking price for sales and the median rent per square meter. In Tbilisi, the city-wide gross yield is 7.2 percent. District-level yields in Tbilisi range from 6.0 percent in Vake and Old Tbilisi to 8.6 percent in the Gldani and Nadzaladevi combined area. In Batumi, the city-wide gross yield is 7.8 percent. District-level yields in Batumi range from 6.3 percent in Old Batumi to 8.6 percent in the Tamar Settlement.

What the wider economy shows

Official data provides context for the broader economic environment. As of the second quarter of 2026, the Georgia Real Estate Index stood at 163.8 according to Geostat. GDP growth for the same period was 6.9 percent. Property sales data from the National Public Registry recorded 16,240 deals as of March 2026. Inflation, measured by the Consumer Price Index, was 5.6 percent as of September 2026.

What this does and does not tell you

This report is based on asking prices from property listings. It is important to note that asking prices are typically higher than the final agreed transaction prices. Georgian sale deeds are not open data, meaning there is no public record of true transaction prices by district. Consequently, this report cannot provide data on actual sale prices.

Furthermore, some district data is presented in combined buckets, which may mask variations between specific neighborhoods. A district median price is a statistical summary and does not reflect the value of a specific building, floor, or unit condition. This data is intended for informational purposes regarding market trends and does not constitute investment advice.

Sources

All price and yield figures come from the SafeBuy Georgia Property Price Index for October 2026, computed from live apartment listings on ss.ge. The permanent record for this month, including the full district table and CSV and JSON downloads, is at https://safebuy.ge/georgia-property-price-index/2026-10.

The dataset is published under CC BY 4.0. Reuse it freely, including commercially, with credit and a link.