Buying a flat or a house in the Georgian capital of Tbilisi became more expensive in the first quarter of the year, the latest Residential Property Price Index of the National Statistics Office of Georgia showed.
Released on April 24, the Index pointed to a 9.3% increase in prices for flats and 11.6% for houses compared to 2022.
The cost of flats in Mtatsminda district was observed at GEL 4,919 ($1,963) per square metre, with the figure standing at GEL 3,619 ($1,444) for houses.
The figures showed Mtatsminda prices to be the highest, followed by Vake and Saburtalo districts. (Agenda/Business World Magazine)