The FINANCIAL — Flats in the centre of Tbilisi can be rented from 800 GEL per month, in the suburbs – 300 GEL; small cars for 100 GEL per day, big ones – 150; a minibus – 100 GEL excluding fuel; musical instruments – from 250 GEL; lighting for corporate parties – 850 GEL; for big concerts – 10 000 GEL; wedding dresses – from 200 GEL; party dresses – from 50 GEL; carnival dresses – 20 GEL.
An individual can find all of these for rent in Tbilisi.
Flat renting is the most common. Prices differ according to location and accommodation. Flats in the city’s central districts are rented out with the assistance of real estate companies, but in the suburbs flat owners mostly rent their property out themselves, specialists say.
“Our main clients are foreigners,” said Ketevan Medzmariashvili, Director of real estate company Begiashvili and Company. “We don’t work in the suburbs as there isn’t high enough demand there. People mostly ask for newly built houses in the centre of the city. The approximate price for such flats is 10 USD per square metre.”
“In general demand has reduced by 40 percent compared to in the last several years,” she added.
Erdo Group also works for central districts. Rental prices differ from 450 USD up to 2,300 USD. The company claims to have stable high demand.
Sigma Group has a special office for renting out flats in the suburbs.
“We offer flats in Gldani, Mukhiani and Temka districts. The prices are 300-400 GEL a month. It could be one room near a Metro Station or a slightly bigger flat far from the Metro,” said Nino Oboladze, sales operator.
Olympic Group is a car rental company. They offer almost all types of cars. The cheapest cars are with a 1.1-1.6 bulk of engine: Hyundai accent, Fiat Punto, Fiat Brava, Nissan Micra. They cost 80 GEL the first day, with a decreasing price on following days. Big jeeps like a Volkswagen, Toyota Land Cruiser, Fiat Doblo cost 250 GEL the first day also with a decreasing price system. The most expensive car at Olympic is the Mazda RX 8 – at 450 GEL.
“Clients are divided into two groups. Most of them are tourists who ask for small and economic cars. But Georgians like showing off. And they always demand big and ostentatious cars,” said Zura Ebanoidze, Deputy of the Director at Olympic Group.
City Auto claims to provide all types of cars. Prices start from 35 USD and reach a maximum of 135 USD – for a Hyundai Mini Van, a 9 seat car.
Limousine Service is also concerned about reduced demand. They rent out about 6 cars per month. The initial price is 150 GEL with a decreasing price system for following hours.
Minibus renting is quite popular in Tbilisi. Initial rental price is 100-120 GEL per day excluding fuel supply.
“Demand for minibuses is stable throughout the whole year. We have approximately 8 orders per month out of the city. Around Tbilisi demand is higher,” said Zura Lashkarashvili, Director of Travel Around Georgia.
“Main demand for buses is seen in May and June as it is excursions season at schools,” he added.
Renting wedding dresses is very popular in Georgia. But for wedding dress salons it’s a little problematic.
“On her wedding day a bride thinks less about the safety of her dress,” said Nino Gabunia, Manager at Pronovias. “Our dresses are very expensive and understandably we’re a little afraid of them getting damaged. That’s why we rent only 3 wedding dresses. The price is 500 USD.”
Marionela also doesn’t rent out dresses. The manager of the salon said that their main segment is selling and not renting.
Unlike Pronovias and Marionela, Zizi rents out lots of wedding dresses as well as party dresses. The Sales Manager told The FINANCIAL that demand is very high. Rental prices of wedding dresses range from 350 GEL up to 600 GEL; party dresses – from 80 GEL up to 120 GEL.
Music House rents out musical instruments and lighting apparatus.
“Concerts are held in the country quite frequently. We provide them with lighting apparatus. Small equipment for corporate parties or concerts costs 500 USD. But for a big concert, for example on Tavisupleba Square, rental price can reach 30,000 USD,” said Zaza Gabelaia, General Manager of Music House.
“Demand for musical instruments is less. We rarely rent out small percussion or keyboard instruments. Their price is 150-300 USD per day.
Discussion about this post