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Story summary
- Russian renters have pushed monthly rents in Georgia up 20–30% year-on-year over the summer.
- Tbilisi apartments now start at €450 and can exceed €2,700 for larger units.
- Georgia’s average nominal monthly wage is about €750, according to the National Statistics Office.
- Russians accounted for over 55% of foreign-buyer property deals in Georgia in 2023, dropping to 3%.