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5-room penthouse apartment for sale in Tbilisi, Andria Benashvili St, 14 — 138 m² for $239,000

$‍‍239,000
$‍1,732 per m2
commission-free
₾
$
5-room
apartment
apartment
138 m2
total area
area
2 floor
out of 3
out of 3
Feature of the layout
Layout
Penthouse, multilevel
Number of bedrooms
Bedrooms
3 bedrooms
Number of bathrooms
Bathrooms
3 bathrooms
Additional
Additional
Terrace 17 m2
Listed
Listed
1 hour ago
Updated
Updated
1 hour ago

Description

Two Beautifully Renovated Apartments with Private Rooftop Terrace | Near Fabrika, Chugureti A fantastic opportunity to own two fully furnished apartments in one of Tbilisi’s most sought-after neighbourhoods, just a short walk from Fabrika. Located on a quiet side street, the property combines modern interiors, excellent rental potential and a beautiful private rooftop terrace with panoramic views of the city, surrounding mountains and Tbilisi TV Tower. The property consists of two independently usable apartments across the second and third floors, making it an excellent choice for investors or buyers looking to combine their own home with rental income. Property Highlights: • two independent apartments: one spacious two bedroom apartment and a separate one bedroom apartment, each with its own kitchen, bathroom and living area. • floor areas: 60.6 sq. m on the second floor, 70.3 sq. m on the third floor including the terrace, plus 7.4 sq. m of staircase area. • private rooftop terrace: 17.7 sq. m with spectacular panoramic views over Tbilisi, the surrounding mountains and the iconic TV Tower. • recently renovated: bright, modern interiors with stylish furnishings, fully equipped kitchens and contemporary bathrooms. • fully furnished and ready to use: all furniture, televisions, projector, kitchen appliances and household essentials are included in the sale. • prime Chugureti location: walking distance to Fabrika, Marjanishvili Metro, cafés, restaurants and excellent transport connections, while enjoying the peace of a quiet residential street. Excellent Rental Investment The property has an established Airbnb rental history with documented revenue, offering attractive returns and flexible rental opportunities. • Airbnb: proven average gross revenue of ca. $3,500 per month, equivalent to a gross revenue yield of 17.5%. • Long Term Rental: estimated combined market rent of $2,000 per month for both apartments, offering around 10% gross rental yield. The two apartments can be rented independently, allowing investors to benefit from different rental strategies. The property is fully equipped and ready for immediate rental. Airbnb revenue statements are available upon request. Exceptional Location & Rooftop Views Enjoy the best of Chugureti, one of Tbilisi’s most vibrant and popular neighbourhoods. Fabrika, local cafés, restaurants, shops and Marjanishvili Metro are all within easy reach, while the quiet side street provides a peaceful escape from the busy city. Interested? WhatsApp contact preferred. Contact me for the detailed property exposé, Airbnb revenue statements, further information or to arrange a viewing. Direct buyers only. No cooperation with other real estate agents, please.
Property ID: 974894
Tim
Tim
Owner
Owner
Speaks: ქართული, english, русский, deutsch

Building and location

Andria Benashvili St, 14
Tbilisi, Chugureti 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 $‍203,150 from the bank
years
months
Mortgage from TBC Bank
from
7,4
%
interest
rate
from
8,3
%
effective interest
rate
≈ $
17 615
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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