4-room apartment for sale in Tbilisi, Ioseb Grishashvili 1st Dead End — 101 m² for $260,000

Grishashvili st, 49. The historic heart of Abanotubani, the only modern building in the area. A 5-minute walk to the sulfur baths and the Botanical Garden. Very quiet location with free parking. Located opposite the Sheraton, with the morning sounds of the Holy Trinity Cathedral bells. Long-term rentals no longer yield 5–10% returns. Only prime tourist locations like Abanotubani and short-term rentals offer a real 10% ROI, with rates of $110–120 per night (accommodates 9 guests). The building features an on-site shop, a beautiful entrance, and a free elevator. Possibility to convert balconies into a large terrace with private access to a closed courtyard. Features Grohe plumbing, a new boiler, air conditioning in every room, floor-to-ceiling panoramic windows, and 2.85m ceilings. The entrance has high-end finishes and video surveillance. Furniture and appliances are included; the apartment is ready for immediate short-term rental. A large park with the Kura River embankment, a church, and the Intellect school are just 200 meters away. The upper level of the underground parking is completely vacant (note: the car lift is currently out of order). No encumbrances, full price declared in the contract.