29.May .2020 10:47

How much does it cost to buy real-estate in Tbilisi – the Research

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The sharpest price growth has been noted in Chugureti among the districts of Tbilisi in Q1, 2020, the increase has made up 20%. Average cost of 1 square m totals to 948 USD. However, the highest price is still maintained in Mtatsminda district, where the average cost amounts to 1,255 USD. It becomes clear by the research prepared by TBC Bank, ISET and ForSet in Tbilisi, Batumi and Kutaisi.

According to the report, the real estate is the most expensive in Mtatsminda district, while the lowest price is fixed in Samgori.

• Mtatsminda – 1,255 USD, increase -16% y-o-y;
• Vake – 1,118 USD, increase – 13% y-o-y;
• Saburtalo – 976 USD, increase – 9% y-o-y;
• Chugureti – 948 USD, increase – 20% y-o-y;
• Didube – 844 USD, increase – 6% y-o-y;
• Krtsanisi – 943 USD, increase – 5% y-o-y;
• Isani – 823 USD, increase – 18% y-o-y;
• Nadzaladevi – 675 USD, increase of 8% y-o-y;
• Gldani – 659 USD, increase of 13 % y-o-y;
• Samgori – 624 USD, increase of 2% y-o-y.