BUDECapitalბუდე

Income apartments in Tbilisi, bought, let and managed.

8.5%
gross, G&T Jul 2026
4.9%
net, worked example

After fit-out, one empty month, letting fee, 5% tax, 8% management (example rate) and 3% repairs.

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Art Nouveau facade on Ingorokva Street, Sololaki, Tbilisi

Ingorokva Street, Sololaki

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Tbilisi, by district

Primary prices and asking rents per square metre, and the yield they imply before costs. Refreshed each month from Galt & Taggart's market watch.

Full table and method

DistrictPrice $/m²Rent $/m²Gross yieldSales 2025
Vake3,18015.15.7%1,327
Mtatsmindaincl. Sololaki, Vera2,94513.05.3%653
Chugureti2,3239.95.1%1,155
Saburtalo1,73211.47.9%7,186
Krtsanisi1,67110.87.8%2,792
Didube1,4259.88.3%2,895

Data: Galt & Taggart, Tbilisi Residential Real Estate – July 2026 (Monthly Market Watch dated 31 July 2026, published 31 August 2026), p.3 district map and Figs 11, 13, 17, 21, 22, July 2026. Prices are primary white-frame. Implied gross yield = rent × 12 ÷ price; it overstates for white-frame apartments because fit-out is not included. Updated September 2026.

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