Introduction
When it comes to real estate investment, Georgia is gaining worldwide attention for its affordable property prices and strong rental returns. Among the country’s hotspots, Tbilisi (the capital) and Batumi (the Black Sea resort city) stand out as the most profitable locations for investors. But how much can you really earn from rental yields in Tbilisi and Batumi? Let’s break down the numbers, trends, and opportunities.
Why Georgia Is Attractive for Rental Income
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Low Entry Prices – Apartments in Tbilisi and Batumi cost far less than in Europe or Dubai.
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High Demand – Tourists, expats, and digital nomads drive strong rental demand year-round.
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Favorable Tax System – Rental income tax is just 5% in Georgia, one of the lowest in the world.
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Easy Ownership for Foreigners – No restrictions on foreigners buying apartments or commercial properties.
This mix makes Georgia a perfect environment for rental property investment.
Rental Yields in Tbilisi
Tbilisi, the cultural and business hub of Georgia, has one of the most consistent real estate rental markets.
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Average property price (city center): $1,200–$1,800 per sq.m.
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Long-term rentals: $400–$800 per month for a 1-bedroom apartment in central districts (Vake, Saburtalo, Old Tbilisi).
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Airbnb/short-term rentals: $40–$80 per night, depending on location and season.
✅ Average yield: 7–10% annually.
Example:
If you buy a $70,000 apartment in Saburtalo, you can earn around $7,000 per year through Airbnb, achieving a 10% rental yield.
Rental Yields in Batumi
Batumi, known as the Las Vegas of the Black Sea, is a hotspot for investors targeting tourism-driven rental income.
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Average property price (seaside area): $1,000–$1,600 per sq.m.
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Long-term rentals: $300–$600 per month.
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Airbnb/short-term rentals: $50–$120 per night in summer; $25–$50 per night in off-season.
✅ Average yield: 8–12% annually.
Example:
A $60,000 beachfront studio in Batumi can generate $8,000–$10,000 per year during peak summer months, especially with Airbnb rentals.
Tbilisi vs. Batumi: Which Is Better?
| Feature | Tbilisi | Batumi |
|---|---|---|
| Tourism | Year-round | Seasonal (peak in summer) |
| Rental Demand | Stable (locals, expats, nomads) | High in summer, lower in winter |
| Yields | 7–10% | 8–12% |
| Best For | Long-term stability | Short-term Airbnb profits |
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Tbilisi is better for stable, year-round rental income.
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Batumi is better for investors aiming for higher but seasonal profits.
Factors That Affect Rental Yields
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Location: Central districts and beachfront apartments earn the highest returns.
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Property Type: New developments with modern amenities rent faster than older buildings.
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Tourism Trends: Growth in international visitors boosts Airbnb performance.
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Management: Professional property management can increase occupancy rates by 15–20%.
Conclusion
Both Tbilisi and Batumi offer excellent opportunities for real estate investors, but the choice depends on your investment goals:
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Choose Tbilisi if you prefer steady, year-round rental income.
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Choose Batumi if you’re targeting high short-term rental yields during the tourist season.
With affordable prices, low taxes, and strong demand, Georgia continues to be one of the most profitable destinations for property investors in 2025.
