The rental price of a private house near Tbilisi has increased compared to the last year. Vazha Mebaghishvili, a member of the Advisory Board of the Georgian National Real Estate Association declares that renting a private house near Tbilisi costs an average of USD 3,500 per month this year, up from USD 1,500 in 2021.
According to him, the price increase for the private houses was caused by the growing demand from Russian and Belarusian migrants.
"With the onset of summer 2022, the renting price of private houses near Tbilisi has increased by 25% -50% compared to last year, due to the influx of Russian and Belarusian citizens in the country, as well as inflation. The demand is mainly for Tskneti, Saguramo and Tsavkisi. These places are limited and it is difficult for everyone to rent a house on these areas," Mebaghishvili said.
