Renting an Apartment: Everything You Need to Consider

Renting an apartment is an important decision that you should take into account before making it, especially if you want to rent an apartment in Tbilisi, Batumi, Kutaisi and other cities. The cost of renting an apartment in Georgia has increased significantly in recent years due to changes in the real estate market. Analysts and experts attribute the 70-80% increase in apartment rental prices during the year to the settlement of different nationalities, especially Russians, in Tbilisi.

Despite the fact that the rent price of an apartment has decreased in the last month, if the demand for apartment rent by tourists increases, the rent price will increase in direct proportion. It is because of this volatility that you should consider the following important factors before renting an apartment.

Real estate market research

Before you start looking for a home, you should research the real estate market. Rent prices depend on the location, size and arrangement of the apartment. Our real estate agency brokers can help you and provide you with information on where you can rent an apartment based on your budget.

30% rule: determination of apartment rent

The most important factor to consider before renting an apartment is your budget. In general, it is recommended that you should not pay more than 30% of your income in rent, for example, if you agree to pay 2000 GEL in rent, your income should be at least 6000 GEL per month (although this is a general recommendation). Do not forget to take into account such costs as utilities, internet, and in many cases insurance. Before renting an apartment in Tbilisi, landlords often ask for the first and last month’s rent in advance – keep this factor in mind so that you don’t get in the way of choosing the apartment you want.

Finding the right apartment

At first glance, it is easy to find an apartment that suits your needs, but it often happens that the customer does not take into account the complexity of renting an apartment. In many cases, this process turns into endless searching, calling and uncertainty. The stress of choosing an apartment for rent leads to the fact that we often ignore our own wishes even if we rent an apartment. So don’t get stuck, once you start looking for a home, clearly list the factors that are most important to you. Think about what you prefer – how many rooms/bathrooms do you want? If you have a pet, don’t miss out on finding a pet-friendly apartment.What amenities would you like to have in the apartment? Is it necessary for the renovation to be done new? Do you pay attention to interior design ? If you want to rent a private house, what are your requirements – what should be the landscape design ? Make a small list of what is necessary and what is desired. And if you get tired in the process, don’t give up, our real estate agency will help you in the process of renting an apartment.

Transition costs

Do not miss the cost of moving to a new apartment. You will need help moving furniture, things, and clothes. After the move, you may want to arrange the apartment according to your taste and preferences. You will need new dishes, cleaning products for the apartment, hygiene products, etc

Clarify the conditions before renting the apartment

Before you rent an apartment, be sure to find out who lived in the apartment before you and what is the reason for leaving the apartment. It would be best if you could contact the previous residents and ask this question in person. In this way, you will be able to find out if the reason for leaving the apartment is discomfort, uncomfortable apartment, noisy neighbors, etc. It would also be good if you ask if it is possible to remodel the apartment, paint the walls, change the design, etc., because your taste, It may differ from the taste of the renter, you need to know if you can afford it or not to renovate the apartment .

Apartment for rent in Tbilisi

The rent price of an apartment in different districts of Tbilisi is different. If the location is not important for you and you want to rent an apartment in the suburbs, you can do it for $300-500. If you want to rent an apartment in the area of ​​Vake-Saburtalo, Old Tbilisi, Sololak, you will have to pay more.

Apartment for rent in Batumi

Before renting an apartment in Batumi, you should think about your preferences – where do you want to rent an apartment – near the park, the sea and the boulevard, or in a quieter neighborhood, away from tourists. Before renting an apartment in Batumi, it is necessary to take into account the season – in the summer, the number of vacationers increases significantly, and therefore the rent price. If you can afford it, try to rent the apartment in the off-season.

summary

Before renting an apartment, you must consider important factors such as budget, costs, expected hazards, location, real estate market, etc. Be prepared for the news. Our real estate agency will help you not only in renting an apartment, but also in buying an apartment , maintaining it, and even appraising real estate.

Frequently Asked Questions:

What is the average monthly rent in Tbilisi?

On average, the rent starts at $500-600. The price increase depends on the location, condition of the apartment, number of rooms, etc

Can I negotiate the rental price?

Yes, you can. Talk to the landlord and tell him the price that is acceptable to you.

At least how long should I rent an apartment?

It depends on the request of the landlord, however, most of them prefer to rent the apartment for at least 1 year.

How can I be sure that I am renting an apartment really safely?

Entrust the process of finding and renting an apartment to a reliable real estate agency in Tbilisi. Professional brokers will review the lease agreement and make sure that everything is in compliance with the law and regulations.