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2-room apartment for sale in Tbilisi, Tsinandali St, 9-1 — 57 m² for $123,000

$‍‍123,000
$‍2,158 per m2
$
2-room
apartment
apartment
57 m2
total area
area
6 floor
out of 10
out of 10
Number of bedrooms
Bedrooms
1 bedroom
Number of bathrooms
Bathrooms
1 bathroom
Listed
Listed
24 days ago
Updated
Updated
Yesterday, 13:02

Description

Avlabari | 2-room apartment | 57 m² Turnkey apartment for living or investment on Vazha Iverieli St, 32. Featuring a functional layout, separate bedroom, full furniture and appliance package, and a balcony with beautiful views, its proximity to the metro makes it an ideal investment. The property has been successfully operating as a short-term rental for two years and requires no additional investment to continue the business. Characteristics: • total area – 57 m² • 6th floor of 10 • 2 rooms / 1 bedroom • fully furnished • equipped with all necessary appliances • all furniture and equipment included in the sale • balcony with a beautiful open view • move-in ready • suitable for both short-term and long-term rentals • elevator Rental Potential: The apartment has been rented daily for approximately two years at a rate of 90–100 ₾ per night. At full occupancy, potential income could reach: • 2,700–3,000 ₾ per month • 32,850–36,500 ₾ per year Actual income depends on seasonality, occupancy, maintenance, and marketing costs. However, with a proven track record in daily rentals, the new owner can continue the established business model immediately without spending on furniture, appliances, or renovations. Price $123,000 Location: Vazha Iverieli St, 32, Avlabari 300 Aragveli Metro – 4 minutes walk Isani Metro – 15 minutes walk This prime location provides easy access to central Tbilisi and public transport. Nearby amenities include shops, cafes, pharmacies, and all essential daily infrastructure. Additional details: • already generating income from short-term rentals • all furniture and appliances included in the price • no additional investment needed before moving in or renting out • scenic balcony views increase tenant appeal • proximity to two metro stations ensures high demand • perfect for personal residence, long-term lease, or continuing the short-term rental business.
Property ID: 797398ID specified by the author: 1662
Angels
Angels
Agent
Agent
Speaks: english, русский, ქართული

Building and location

Tsinandali St, 9-1
Tbilisi, Isani District
All listings for sale

Mortgage for buying real estate

Please note that all calculations provided are approximate. For the final figures, we recommend consulting with both the bank and the seller
GEL
USD
You borrow $‍104,550 from the bank
years
months
Mortgage from TBC Bank
from
7,8
%
interest
rate
from
8,71
%
effective interest
rate
≈ $
9 085
monthly payment, a life/property insurance fee is added to the monthly
payment
The provided Nominal and Effect Interest Rates represent the minimum credit facility amount. The actual values will be specified at the time of credit approval. The interest rate given in the table is linked to the public index — Term SOFR.
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