Renting out an apartment in Georgia is the most popular way to earn passive income. According to Galt & Taggart (GBC, 2026), the average rent for a 50–60 m² apartment in Tbilisi is approximately$9.9–10 per sq. m It was per month, and the annual return was —~8.4%But the actual earnings depend on many factors.
How much will your apartment fetch?
Example: 55 m² apartment, ~ $10 per m² → ~ $550 per month → ~ $6,600 per year. If the apartment costs ~ $80,000, the gross return is ~8.3%.
To calculate the real (net) income, subtract:
- Months without tenants;
- Fee
- Maintenance and wear and tear of furniture;
- Agent or management fee (if applicable).
What causes rent prices to rise?
- Location — Proximity to the metro, the city center, and the park.
- New building and elevator.
- Furniture and appliances — Air conditioner, washing machine, and dishwasher.
- parking — especially in central neighborhoods.
- High-quality photos and a complete listing — The apartment gets rented out faster.
Contract: What should be included
- The parties, the address of the apartment, and the cadastral code;
- The amount of rent, currency, and payment date;
- The deposit and the conditions for its refund;
- Utility bills — who pays;
- Term, termination, and pets;
- Inventory list with photos.
See an exampleSample contracts.
Rent payment
In Georgia, income earned by an individual from renting out residential property is subject to a preferential tax rate (in practice, often 5%), subject to certain conditions. Clarify the rules and deadlines for declarationRevenue Service (rs.ge) According to an official source or an accountant, failure to pay taxes results in penalties.
Short-term or long-term rental?
| Long-term | Diary | |
|---|---|---|
| Income | STABLE | Potentially high, seasonal |
| Time and management | Minimal | High (cleaning, guests) |
| EXPENDITURES | low | High (utilities, depreciation, platform fee) |
How to rent out your property quickly on NULI.GE
Use theApartment Rental Agreement Template, enter your details and paste them into the AI assistant — the form will be filled out in 1 minute.Plugin Free
Frequently Asked Questions
How much should I deposit?
Usually 1 month’s rent, sometimes more — for an apartment with furniture and expensive appliances.
In which currency is it better to pay rent?
The market is often quoted in dollars, but everything is subject to agreement between the parties. Clearly specify the currency and exchange rate terms in the contract.
Do I have to pay rent?
Yes, income from rent is taxable. Check the exact rules on rs.ge or with an accountant.
Source: Galt & Taggart (GBC, March–July 2026).
the article is informative and does not constitute financial, tax or legal advice. Consult with a specialist before making an important decision.
NULI.GE — Business market, real estate, and investments. Viewactive listings ORAdd your listing for free — With samples and with the AI assistant in 1 minute.
© 2026 NULI.GE — Renext LLC. This article is the intellectual property of NULI.GE. Reprinting or quoting is allowed only with attribution and an active link to nuli.ge.
