Rental Yield Calculator

Rental yield of a Georgian apartment

Estimate the gross and net rental yield of a property in Batumi, Tbilisi, Gonio or Gudauri in seconds. Adjust every assumption: the formula is transparent.

Rental mode

The property

Purchase price (USD)Surface (sqm)Acquisition fees (%)Usually 0% on new-build in Georgia (no buyer's commission).Notary fees (USD)About 100 USD in Georgia.Furniture (USD)Optional: some owners rent bare. Strongly recommended for short-term.

Rental income

Nightly rate (USD)Annual occupancy rate (%)Short-term average in Batumi or Tbilisi: 55 to 70%.

Expenses and taxes

Condo fees (USD / sqm / year)Average 30 USD per sqm per year in Georgia.Property tax (% of price / year)0 to 1% depending on household income. Non-residents often exempt.Property management fees (% of rent)Maintenance and small repairs (% of rent)Rental income tax (%)Standard regime: 5% of gross rent in Georgia (tax residents).

Results

Total acquisition cost: $94,100
Gross annual rent: $12,045
Gross yield: 12.80 %
Net annual income after expenses and tax: $7,382
Net yield: 7.84 %
Average monthly net income: $615

Indicative estimates based on your inputs. Actual performance depends on the property, the manager and the market.

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How the calculation works

Gross yield = annual rent ÷ total acquisition cost. Net yield = (annual rent − expenses − taxes) ÷ total cost. Long-term assumes 12 months of rent. Short-term multiplies the nightly rate by 365 then by the occupancy rate.

Georgia market context

Gross yields typically range from 8 to 12% on short-term rentals in Batumi and Tbilisi, and 6 to 9% on long-term. A net yield above 8% remains an excellent target.

What the simulator includes

Notary fees, condo fees, property tax, management fees, maintenance, income tax. It does not model early-stage vacancy nor resale capital gains.